2-bed · 1,595 sqftBluewaters Residences 4, Bluewaters Island · 2nd floor · completed 2019

208, Bluewaters Residences 4

Sold prices and rental history: sold twice, last in November 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 25 November 2021
Last soldAED 5.3M25 November 2021
Current rentAED 260K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Bluewaters Residences 4

What is 208 worth today?

Last sold for AED 5,300,000 in 2021

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25 Nov 2021SoldReady
AED 5,300,000AED 3,322 per sqft
15 Feb 2021RentedRenewal
AED 260,000/yr12 months · AED 163 per sqft
15 Feb 2020RentedNew contract
AED 260,000/yr12 months · AED 163 per sqft
15 Jul 2019Sold by developerReady
AED 3,366,000AED 2,110 per sqft

Source: Dubai Land Department. Updated 25 November 2021.

Key facts

Type
2-bed apartment
Size
1,595 sqft
Floor
2nd of 7
Parking
B501
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,200 /yr
Last sold
AED 5.3M · November 2021

About 208, Bluewaters Residences 4

208 is a two-bedroom apartment of 1,595 sqft on the 2nd floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 25 November 2021 for AED 5,300,000, or AED 3,322 per sqft, 47% above the AED 2,267 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 15 February 2021, is AED 260,000 a year: a gross yield of 4.9% on the 2021 price, before the service charge of about AED 46,200 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,342,000; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,300,000Sold by developer, July 2019: AED 3,366,000 (AED 2,110 per sqft)Sold, November 2021: AED 5,300,000 (AED 3,322 per sqft)

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

Rents
Unit 208, each contractTypical two-bed in Bluewaters Residences 4
200K400K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 200,000; 2022 AED 299,196; 2023 AED 500,000; 2024 AED 440,000; 2025 AED 391,625; 2026 AED 325,839New contract, February 2020: AED 260,000 a yearRenewal, February 2021: AED 260,000 a year

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 4, and where 208 sits

All 28 2-beds →

208 last sold in November 2021 at AED 3,322 per sqft, 47% above what two-beds in Bluewaters Residences 4 were fetching at the time (AED 2,267). Over the last 12 months two-beds sold for AED 9,800,000 to 10,100,000, around AED 6,159 per sqft, and rent for AED 85,000 to 560,000 a year. 208's AED 260,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20269,800,000
24 Feb 202610,100,000
20 Oct 202510,100,000
7 Apr 202510,000,000
2 2-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 5,754 Up 4.5%
Typical sale
AED 12M
Typical rent
AED 323K /yr
Typical yield
4.0%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 2nd floor

All 78 units in Bluewaters Residences 4
Value
2013-bedAED 5.15M · May 2021
2021-bedAED 3.2M · Nov 2024
2032-bedAED 6.65M · Nov 2023
2042-bedAED 2.78M · Jul 2019
2052-bedAED 9.8M · Mar 2026
2064-bedAED 5.49M · Nov 2019
2073-bedAED 4.53M · May 2019
1–7 of 9

208, Bluewaters Residences 4 in numbers

  • Sold twice: first on 15 July 2019 for AED 3,366,000, last on 25 November 2021 for AED 5,300,000 (AED 3,322 per sqft).
  • Rented since February 2020 on 2 Ejari contracts, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2021 price is 4.9%, before a service charge of about AED 46,200 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 4 sold for AED 9,800,000–10,100,000 in the 12 months to November 2026; the building's median across all types is AED 5,754 per sqft.

Source: Dubai Land Department. Updated 25 November 2021.

Questions about 208, Bluewaters Residences 4

What did unit 208 last sell for?

AED 5,300,000 on 25 November 2021: AED 3,322 per sqft for 1,595 sqft. The unit has 2 registered sales; the first was AED 3,366,000 in July 2019.

What is the rent for unit 208?

AED 260,000 a year on the contract renewed on 15 February 2021. The previous contract, from February 2020, was AED 260,000.

How big is unit 208?

1,595 sqft (148.2 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 208 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 4 sold for AED 9,800,000 to 10,100,000 in the last 12 months, around AED 6,159 per sqft.

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Mortgage on 208, Bluewaters Residences 4

Starts from the last sale price (AED 5.3M, 25 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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