3-bed · 1,987 sqftBluewaters Residences 2, Bluewaters Island · 7th floor · completed 2019

709, Bluewaters Residences 2

Sold prices and rental history: sold 4 times, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 15.6M21 January 2025
Current rentAED 800K /yr26 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Bluewaters Residences 2

What is 709 worth today?

Last sold for AED 15,600,000 in 2025

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21 Jan 2025SoldReady
AED 15,600,000AED 7,850 per sqft
4 Jan 2024SoldReady
AED 12,750,000AED 6,416 per sqft
26 Jan 2023RentedNew contract · flagged as an outlier
AED 800,000/yr12 months · AED 402 per sqft
26 Jan 2023RentedNew contract
AED 800,000/yr12 months · AED 402 per sqft
9 Nov 2022SoldReady
AED 9,700,000AED 4,881 per sqft
20 Dec 2020RentedRenewal
AED 230,000/yr12 months · AED 116 per sqft
20 Dec 2019RentedNew contract
AED 230,000/yr12 months · AED 116 per sqft
23 Oct 2019Sold by developerReady
AED 4,679,000AED 2,354 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
3-bed apartment
Size
1,987 sqft
Floor
7th of 7
Parking
B417, B418
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,600 /yr
Last sold
AED 15.6M · January 2025

About 709, Bluewaters Residences 2

709 is a three-bedroom apartment of 1,987 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 21 January 2025 for AED 15,600,000, or AED 7,850 per sqft, 22% above the AED 6,441 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 26 January 2023, is AED 800,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 57,600 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical three-bed in Bluewaters Residences 2
10M2019202120232025Typical sale price by year: 2019 AED 4,630,500; 2020 AED 4,074,575; 2022 AED 7,700,000; 2024 AED 12,750,000; 2025 AED 12,250,000Sold by developer, October 2019: AED 4,679,000 (AED 2,354 per sqft)Sold, November 2022: AED 9,700,000 (AED 4,881 per sqft)Sold, January 2024: AED 12,750,000 (AED 6,416 per sqft)Sold, January 2025: AED 15,600,000 (AED 7,850 per sqft)

709 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 709, each contractTypical three-bed in Bluewaters Residences 2
500K20192021202320252027Typical rent by year: 2019 AED 248,750; 2020 AED 230,000; 2021 AED 300,000; 2022 AED 450,000; 2023 AED 625,000; 2024 AED 595,500; 2025 AED 600,000; 2026 AED 640,000New contract, December 2019: AED 230,000 a yearRenewal, December 2020: AED 230,000 a yearNew contract, January 2023: AED 800,000 a year

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

3-beds in Bluewaters Residences 2, and where 709 sits

All 25 3-beds →

709 last sold in January 2025 at AED 7,850 per sqft, 22% above what three-beds in Bluewaters Residences 2 were fetching at the time (AED 6,441). Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year. 709's AED 800,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202612,000,000
10 Feb 202611,500,000
26 Dec 202512,600,000
18 Dec 202511,900,000
5 3-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
7022-bedAED 3.63M · Aug 2023
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
1–7 of 11

709, Bluewaters Residences 2 in numbers

  • Sold 4 times: first on 23 October 2019 for AED 4,679,000, last on 21 January 2025 for AED 15,600,000 (AED 7,850 per sqft).
  • Rented since December 2019 on 4 Ejari contracts, from AED 230,000 to AED 800,000 a year.
  • At AED 800,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 57,600 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 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 21 January 2025.

Questions about 709, Bluewaters Residences 2

What did unit 709 last sell for?

AED 15,600,000 on 21 January 2025: AED 7,850 per sqft for 1,987 sqft. The unit has 4 registered sales; the first was AED 4,679,000 in October 2019.

What is the rent for unit 709?

AED 800,000 a year on the contract signed on 26 January 2023. The previous contract, from January 2023, was AED 800,000; the unit has been rented since December 2019.

How big is unit 709?

1,987 sqft (184.6 sqm): a three-bedroom apartment on the 7th floor of a 7-storey tower completed in 2019.

What is unit 709 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.

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Mortgage on 709, Bluewaters Residences 2

Starts from the last sale price (AED 15.6M, 21 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 15,600,000
Deposit, UAE resident (20%)
AED 3,120,000
Deposit, non-resident (40%)
AED 6,240,000
Monthly over 25 years at 3.7%
AED 63,824

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