1-bed · 1,139 sqftBluewaters Residences 4, Bluewaters Island · 7th floor · completed 2019

704, Bluewaters Residences 4

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 2.45M14 July 2021
Current rentAED 160K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Bluewaters Residences 4

What is 704 worth today?

Last sold for AED 2,450,000 in 2021

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10 Feb 2026RentedRenewal
AED 160,000/yr12 months · AED 142 per sqft
10 Feb 2025RentedRenewal
AED 156,000/yr12 months · AED 138 per sqft
10 Feb 2025RentedRenewal
AED 156,000/yr12 months · AED 138 per sqft
10 Feb 2024RentedRenewal
AED 156,000/yr12 months · AED 138 per sqft
10 Feb 2023RentedNew contract
AED 140,000/yr12 months · AED 123 per sqft
14 Jul 2021SoldReady
AED 2,450,000AED 2,151 per sqft
10 Feb 2021RentedNew contract
AED 130,000/yr12 months · AED 114 per sqft
16 May 2019Sold by developerOff-plan
AED 2,349,000AED 2,063 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
1,139 sqft
Floor
7th of 7
Parking
G318
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,000 /yr
Last sold
AED 2.45M · July 2021

About 704, Bluewaters Residences 4

704 is a one-bedroom apartment of 1,139 sqft on the 7th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 14 July 2021 for AED 2,450,000, or AED 2,151 per sqft, in line with the AED 2,100 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 10 February 2026, is AED 160,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 33,000 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Bluewaters Residences 4
2M4M2019202120232025Typical sale price by year: 2019 AED 2,313,500; 2022 AED 3,180,000; 2023 AED 5,200,000; 2024 AED 3,525,000Sold by developer, May 2019: AED 2,349,000 (AED 2,063 per sqft)Sold, July 2021: AED 2,450,000 (AED 2,151 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Bluewaters Residences 4
100K200K20192021202320252027Typical rent by year: 2019 AED 117,500; 2020 AED 112,500; 2021 AED 120,375; 2022 AED 132,850; 2024 AED 235,000; 2025 AED 222,857; 2026 AED 245,000New contract, May 2019: AED 127,000 a yearNew contract, February 2021: AED 130,000 a yearNew contract, February 2023: AED 140,000 a yearRenewal, February 2024: AED 156,000 a yearRenewal, February 2025: AED 156,000 a yearRenewal, February 2025: AED 156,000 a yearRenewal, February 2026: AED 160,000 a year

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

1-beds in Bluewaters Residences 4, and where 704 sits

All 22 1-beds →

704 last sold in July 2021 at AED 2,151 per sqft, in line with what one-beds in Bluewaters Residences 4 were fetching at the time (AED 2,100). Over the last 12 months one-beds sold for AED 4,400,000 to 5,000,000, around AED 3,847 per sqft, and rent for AED 160,000 to 285,000 a year. 704's AED 160,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Mar 20264,400,000
17 Dec 20255,000,000
13 Dec 20245,000,000
8 Nov 20243,200,000
2 1-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 7th floor

All 78 units in Bluewaters Residences 4
Value
7013-bedAED 12M · Jan 2026
7021-bedAED 5.3M · Oct 2023
7031-bedAED 5.1M · Dec 2023
7051-bedAED 3.8M · Dec 2022
7062-bedAED 6.15M · Sep 2022
7074-bedAED 5.71M · Sep 2019
7083-bedAED 4.68M · Jul 2019
1–7 of 10

704, Bluewaters Residences 4 in numbers

  • Sold twice: first on 16 May 2019 for AED 2,349,000, last on 14 July 2021 for AED 2,450,000 (AED 2,151 per sqft).
  • Rented since May 2019 on 7 Ejari contracts, from AED 127,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 33,000 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 4 sold for AED 4,400,000–5,000,000 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 10 February 2026.

Questions about 704, Bluewaters Residences 4

What did unit 704 last sell for?

AED 2,450,000 on 14 July 2021: AED 2,151 per sqft for 1,139 sqft. The unit has 2 registered sales; the first was AED 2,349,000 in May 2019.

What is the rent for unit 704?

AED 160,000 a year on the contract renewed on 10 February 2026. The previous contract, from February 2025, was AED 156,000; the unit has been rented since May 2019.

How big is unit 704?

1,139 sqft (105.8 sqm): a one-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. One-beds in Bluewaters Residences 4 sold for AED 4,400,000 to 5,000,000 in the last 12 months, around AED 3,847 per sqft.

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Mortgage on 704, Bluewaters Residences 4

Starts from the last sale price (AED 2.45M, 14 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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