704, Bluewaters Residences 2
Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Bluewaters Residences 2
What is 704 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,536 sqft
- Floor
- 7th of 7
- Parking
- G231
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 44,500 /yr
- Last sold
- AED 7.6M · December 2024
- Building
- Bluewaters Residences 2
About 704, Bluewaters Residences 2
704 is a two-bedroom apartment of 1,536 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 16 December 2024 for AED 7,600,000, or AED 4,949 per sqft, 3% below the AED 5,119 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 April 2023, is AED 330,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 44,500 a year.
Sales and rents for 704 over time
704 has sold twice; the dashed line is the two-bed median of each year in the building.
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 704 sits
All 38 2-beds →704 last sold in December 2024 at AED 4,949 per sqft, 3% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 5,119). 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. 704's AED 330,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,536 sqft | 6,600,000 | 4,298 | ||
| 28 Jan 202628 January 2026 | 1,826 sqft | 4,267,093 | 2,336 | ||
| 8 Dec 20258 December 2025 | 1,488 sqft | 9,000,000 | 6,047 | ||
| 24 Sep 202524 September 2025 | 1,760 sqft | 11,000,000 | 6,251 |
Bluewaters Residences 2
Building81 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%
Other units on the 7th floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,115 sqft | AED 4.68MAED 4,679,000 · Nov 2019November 2019 | ||
| 702 | 2-bed | 1,512 sqft | AED 3.63MAED 3,627,527 · Aug 2023August 2023 | ||
| 703 | 2-bed | 1,677 sqft | AED 3.4MAED 3,396,000 · Sep 2019September 2019 | 430,000 /yr | |
| 705 | 2-bed | 1,511 sqft | AED 3.17MAED 3,173,000 · Sep 2019September 2019 | 280,000 /yr | |
| 706 | 2-bed | 1,636 sqft | AED 8.1MAED 8,100,000 · Feb 2024February 2024 | 105,000 /yr | |
| 707 | 4-bed | 2,466 sqft | AED 14.4MAED 14,400,000 · Dec 2022December 2022 | ||
| 708 | 2-bed | 1,488 sqft | AED 11.2MAED 11,200,000 · Nov 2024November 2024 | 540,000 /yr | |
| 709 | 3-bed | 1,987 sqft | AED 15.6MAED 15,600,000 · Jan 2025January 2025 | 800,000 /yr | |
| 710 | 3-bed | 1,989 sqft | AED 13.8MAED 13,800,000 · Dec 2024December 2024 | 350,000 /yr | |
| 711 | 1-bed | 1,146 sqft | AED 6.5MAED 6,500,000 · Jun 2026June 2026 | 278,091 /yr | |
| 712 | 3-bed | 2,061 sqft | AED 4.67MAED 4,673,000 · Aug 2019August 2019 | 595,500 /yr |
704, Bluewaters Residences 2 in numbers
- Sold twice: first on 27 November 2019 for AED 3,217,000, last on 16 December 2024 for AED 7,600,000 (AED 4,949 per sqft).
- Rented since February 2020 on 4 Ejari contracts, from AED 181,000 to AED 330,000 a year.
- At AED 330,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 44,500 a year (AED 28.99 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 16 December 2024.
Questions about 704, Bluewaters Residences 2
What did unit 704 last sell for?
AED 7,600,000 on 16 December 2024: AED 4,949 per sqft for 1,536 sqft. The unit has 2 registered sales; the first was AED 3,217,000 in November 2019.
What is the rent for unit 704?
AED 330,000 a year on the contract signed on 1 April 2023. The previous contract, from April 2022, was AED 300,000; the unit has been rented since February 2020.
How big is unit 704?
1,536 sqft (142.7 sqm): a two-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.
What is unit 704 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 704, Bluewaters Residences 2
Starts from the last sale price (AED 7.6M, 16 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 7,600,000
- Deposit, UAE resident (20%)
- AED 1,520,000
- Deposit, non-resident (40%)
- AED 3,040,000
- Monthly over 25 years at 3.7%
- AED 31,094
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →