2-bed · 1,512 sqftBluewaters Residences 2, Bluewaters Island · 7th floor · completed 2019

702, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 25 August 2023
Last soldAED 3.63M25 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bluewaters Residences 2

What is 702 worth today?

Last sold for AED 3,627,527 in 2023

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25 Aug 2023SoldReady
AED 3,627,527AED 2,398 per sqft
2 Oct 2019Sold by developerReady
AED 3,125,500AED 2,066 per sqft

Source: Dubai Land Department. Updated 25 August 2023.

Key facts

Type
2-bed apartment
Size
1,512 sqft
Floor
7th of 7
Parking
B308
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,800 /yr
Last sold
AED 3.63M · August 2023

About 702, Bluewaters Residences 2

702 is a two-bedroom apartment of 1,512 sqft on the 7th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 25 August 2023 for AED 3,627,527, or AED 2,398 per sqft, 46% below the AED 4,435 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Bluewaters Residences 2
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,311,000; 2020 AED 3,222,000; 2021 AED 3,300,000; 2022 AED 6,390,000; 2023 AED 7,500,000; 2024 AED 8,050,000; 2025 AED 8,400,000Sold by developer, October 2019: AED 3,125,500 (AED 2,066 per sqft)Sold, August 2023: AED 3,627,527 (AED 2,398 per sqft)

702 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 702, each contractTypical two-bed in Bluewaters Residences 2
200K400K20192021202320252027Typical rent by year: 2019 AED 165,000; 2020 AED 160,000; 2021 AED 200,000; 2022 AED 300,000; 2023 AED 390,000; 2024 AED 430,000; 2025 AED 355,000; 2026 AED 350,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bluewaters Residences 2, and where 702 sits

All 38 2-beds →

702 last sold in August 2023 at AED 2,398 per sqft, 46% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 4,435). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,298 per sqft, and rent for AED 280,000 to 480,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20266,600,000
28 Jan 20264,267,093
8 Dec 20259,000,000
24 Sep 202511,000,000
3 2-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,730 Up 14.6%
Typical sale
AED 10.13M
Typical rent
AED 400K /yr
Typical yield
4.9%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 7th floor

All 81 units in Bluewaters Residences 2
Value
7013-bedAED 4.68M · Nov 2019
7032-bedAED 3.4M · Sep 2019
7042-bedAED 7.6M · Dec 2024
7052-bedAED 3.17M · Sep 2019
7062-bedAED 8.1M · Feb 2024
7074-bedAED 14.4M · Dec 2022
7082-bedAED 11.2M · Nov 2024
1–7 of 11

702, Bluewaters Residences 2 in numbers

  • Sold twice: first on 2 October 2019 for AED 3,125,500, last on 25 August 2023 for AED 3,627,527 (AED 2,398 per sqft).
  • Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.

Source: Dubai Land Department. Updated 25 August 2023.

Questions about 702, Bluewaters Residences 2

What did unit 702 last sell for?

AED 3,627,527 on 25 August 2023: AED 2,398 per sqft for 1,512 sqft. The unit has 2 registered sales; the first was AED 3,125,500 in October 2019.

How big is unit 702?

1,512 sqft (140.5 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,298 per sqft.

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Mortgage on 702, Bluewaters Residences 2

Starts from the last sale price (AED 3.63M, 25 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,627,527
Deposit, UAE resident (20%)
AED 725,505
Deposit, non-resident (40%)
AED 1,451,011
Monthly over 25 years at 3.7%
AED 14,841

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →