2-bed · 1,586 sqftBluewaters Residences 7, Bluewaters Island · 11th floor · completed 2019

1102, Bluewaters Residences 7

Sold prices and rental history: sold twice, last in January 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 3.85M29 January 2019
Current rentAED 565K /yr30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Bluewaters Residences 7

What is 1102 worth today?

Last sold for AED 3,847,500 in 2019

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30 Aug 2023RentedNew contract
AED 565,000/yr12 months · AED 357 per sqft
30 Aug 2020RentedNew contract
AED 220,000/yr12 months · AED 139 per sqft
29 Jan 2019SoldOff-plan
AED 3,847,500AED 2,425 per sqft
26 Jul 2018Sold by developerOff-plan
AED 3,562,500AED 2,245 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
2-bed apartment
Size
1,586 sqft
Floor
11th of 15
Parking
B732
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,000 /yr
Last sold
AED 3.85M · January 2019

About 1102, Bluewaters Residences 7

1102 is a two-bedroom apartment of 1,586 sqft on the 11th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 29 January 2019 for AED 3,847,500, or AED 2,425 per sqft, 8% above the AED 2,245 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 30 August 2023, is AED 565,000 a year: a gross yield of 14.7% on the 2019 price, before the service charge of about AED 46,000 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical two-bed in Bluewaters Residences 7
5M7.5M2018202120242027Typical sale price by year: 2018 AED 3,564,875; 2019 AED 3,638,500; 2021 AED 3,700,000; 2022 AED 7,000,000; 2023 AED 7,100,000; 2024 AED 9,000,000; 2026 AED 8,900,000Sold by developer, July 2018: AED 3,562,500 (AED 2,245 per sqft)Sold, January 2019: AED 3,847,500 (AED 2,425 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, each contractTypical two-bed in Bluewaters Residences 7
200K400K600K20192021202320252027Typical rent by year: 2019 AED 185,000; 2020 AED 180,000; 2021 AED 282,500; 2022 AED 330,000; 2023 AED 500,000; 2024 AED 450,000; 2025 AED 350,000; 2026 AED 410,000New contract, August 2020: AED 220,000 a yearNew contract, August 2023: AED 565,000 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 7, and where 1102 sits

All 26 2-beds →

1102 last sold in January 2019 at AED 2,425 per sqft, 8% above what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,245). Over the last 12 months two-beds sold for AED 7,000,000 to 11,500,000, around AED 5,562 per sqft, and rent for AED 240,000 to 510,000 a year. 1102's AED 565,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 202611,500,000
12 Mar 20267,000,000
17 Feb 20268,900,000
14 Nov 20259,320,000
4 2-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 11th floor

All 77 units in Bluewaters Residences 7
Value
11013-bedAED 4.9M · Jul 2019
11033-bedAED 15.9M · Dec 2023
11043-bedAED 11M · Apr 2024
11051-bedAED 5.4M · Jul 2023
11062-bedAED 4M · Jan 2021

1102, Bluewaters Residences 7 in numbers

  • Sold twice: first on 26 July 2018 for AED 3,562,500, last on 29 January 2019 for AED 3,847,500 (AED 2,425 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 220,000 to AED 565,000 a year.
  • At AED 565,000 a year the gross yield on the 2019 price is 14.7%, before a service charge of about AED 46,000 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 7 sold for AED 7,000,000–11,500,000 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 30 August 2023.

Questions about 1102, Bluewaters Residences 7

What did unit 1102 last sell for?

AED 3,847,500 on 29 January 2019: AED 2,425 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 3,562,500 in July 2018.

What is the rent for unit 1102?

AED 565,000 a year on the contract signed on 30 August 2023. The previous contract, from August 2020, was AED 220,000.

How big is unit 1102?

1,586 sqft (147.3 sqm): a two-bedroom apartment on the 11th floor of a 15-storey tower completed in 2019.

What is unit 1102 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 7 sold for AED 7,000,000 to 11,500,000 in the last 12 months, around AED 5,562 per sqft.

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Mortgage on 1102, Bluewaters Residences 7

Starts from the last sale price (AED 3.85M, 29 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,847,500
Deposit, UAE resident (20%)
AED 769,500
Deposit, non-resident (40%)
AED 1,539,000
Monthly over 25 years at 3.7%
AED 15,741

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