1-bed · 1,154 sqftBluewaters Residences 7, Bluewaters Island · 10th floor · completed 2019

1005, Bluewaters Residences 7

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

Unit 1005 · DLD and Ejari recordsUpdated 21 August 2021
Last soldAED 2.97M20 June 2021
Current rentAED 114K /yr21 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Bluewaters Residences 7

What is 1005 worth today?

Last sold for AED 2,969,938 in 2021

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21 Aug 2021RentedNew contract
AED 114,385/yr12 months · AED 99 per sqft
20 Jun 2021SoldReady
AED 2,969,938AED 2,573 per sqft
22 Aug 2020RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
22 Aug 2019RentedNew contract
AED 135,000/yr12 months · AED 117 per sqft
31 Jul 2018Sold by developerOff-plan
AED 2,375,950AED 2,058 per sqft

Source: Dubai Land Department. Updated 21 August 2021.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
10th of 15
Parking
G342
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,500 /yr
Last sold
AED 2.97M · June 2021

About 1005, Bluewaters Residences 7

1005 is a one-bedroom apartment of 1,154 sqft on the 10th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 20 June 2021 for AED 2,969,938, or AED 2,573 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 21 August 2021, is AED 114,385 a year: a gross yield of 3.9% on the 2021 price, before the service charge of about AED 33,500 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Bluewaters Residences 7
2M4M2018202020222024Typical sale price by year: 2018 AED 2,360,275; 2019 AED 2,611,531; 2022 AED 3,500,000; 2023 AED 4,850,000Sold by developer, July 2018: AED 2,375,950 (AED 2,058 per sqft)Sold, June 2021: AED 2,969,938 (AED 2,573 per sqft)

1005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, each contractTypical one-bed in Bluewaters Residences 7
100K200K300K20192021202320252027Typical rent by year: 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 168,138; 2023 AED 320,000; 2024 AED 300,000; 2025 AED 300,000; 2026 AED 320,000New contract, August 2019: AED 135,000 a yearRenewal, August 2020: AED 115,000 a yearNew contract, August 2021: AED 114,385 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 7, and where 1005 sits

All 12 1-beds →

Over the last 12 months one-beds sold for AED 4,500,000 to 5,750,000, around AED 3,942 per sqft, and rent for AED 225,000 to 366,000 a year. 1005's AED 114,385 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Mar 20265,750,000
17 Feb 20264,550,000
18 Dec 20254,500,000
13 Aug 20245,000,000
3 1-bed sales in the last 12 months

Bluewaters Residences 7

Building

77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 4,982 Down 6.0%
Typical sale
AED 9.32M
Typical rent
AED 366K /yr
Typical yield
5.3%
Bluewaters Residences 7, Bluewaters Island: prices, sales and rents →

Other units on the 10th floor

All 77 units in Bluewaters Residences 7
Value
10013-bedAED 4.9M · May 2019
10022-bedAED 3.81M · Oct 2019
10033-bedAED 4.97M · Jul 2019
10043-bedAED 12.2M · Apr 2025
10062-bedAED 9.2M · Jan 2024

1005, Bluewaters Residences 7 in numbers

  • Sold twice: first on 31 July 2018 for AED 2,375,950, last on 20 June 2021 for AED 2,969,938 (AED 2,573 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 135,000 to AED 114,385 a year.
  • At AED 114,385 a year the gross yield on the 2021 price is 3.9%, before a service charge of about AED 33,500 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 7 sold for AED 4,500,000–5,750,000 in the 12 months to November 2026; the building's median across all types is AED 4,982 per sqft.

Source: Dubai Land Department. Updated 21 August 2021.

Questions about 1005, Bluewaters Residences 7

What did unit 1005 last sell for?

AED 2,969,938 on 20 June 2021: AED 2,573 per sqft for 1,154 sqft. The unit has 2 registered sales; the first was AED 2,375,950 in July 2018.

What is the rent for unit 1005?

AED 114,385 a year on the contract signed on 21 August 2021. The previous contract, from August 2020, was AED 115,000; the unit has been rented since August 2019.

How big is unit 1005?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 10th floor of a 15-storey tower completed in 2019.

What is unit 1005 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 7 sold for AED 4,500,000 to 5,750,000 in the last 12 months, around AED 3,942 per sqft.

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Mortgage on 1005, Bluewaters Residences 7

Starts from the last sale price (AED 2.97M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,969,938
Deposit, UAE resident (20%)
AED 593,988
Deposit, non-resident (40%)
AED 1,187,975
Monthly over 25 years at 3.7%
AED 12,151

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