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5-bed · 9,412 sqftBluewaters Residences 7, Bluewaters Island · 15th floor · completed 2019

1501, Bluewaters Residences 7

Sold prices and rental history: sold twice, last in June 2023, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 12 June 2023
Last soldAED 80M12 June 2023
Current rentAED 500K /yr3 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Bluewaters Residences 7

What is 1501 worth today?

Last sold for AED 80,000,000 in 2023

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12 Jun 2023SoldReady
AED 80,000,000AED 8,499 per sqft
3 Jul 2022RentedNew contract
AED 500,000/yr12 months · AED 53 per sqft
4 Jul 2019Sold by developerReady
AED 18,600,000AED 1,976 per sqft

Source: Dubai Land Department. Updated 12 June 2023.

Key facts

Type
5-bed apartment
Size
9,412 sqft
Floor
15th of 15
Parking
B572, B573
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 272,900 /yr
Last sold
AED 80M · June 2023
Building
Bluewaters Residences 7

About 1501, Bluewaters Residences 7

1501 is a five-bedroom apartment of 9,412 sqft on the 15th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 12 June 2023 for AED 80,000,000, or AED 8,499 per sqft.

One Ejari contract is registered, from 3 July 2022. The current contract, signed on 3 July 2022, is AED 500,000 a year: a gross yield of 0.6% on the 2023 price, before the service charge of about AED 272,900 a year.

5-beds in Bluewaters Residences 7, and where 1501 sits

All 1 5-beds →
0 5-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 →

1501, Bluewaters Residences 7 in numbers

  • Sold twice: first on 4 July 2019 for AED 18,600,000, last on 12 June 2023 for AED 80,000,000 (AED 8,499 per sqft).
  • Rented since July 2022 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2023 price is 0.6%, before a service charge of about AED 272,900 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 12 June 2023.

Questions about 1501, Bluewaters Residences 7

What did unit 1501 last sell for?

AED 80,000,000 on 12 June 2023: AED 8,499 per sqft for 9,412 sqft. The unit has 2 registered sales; the first was AED 18,600,000 in July 2019.

What is the rent for unit 1501?

AED 500,000 a year on the contract signed on 3 July 2022.

How big is unit 1501?

9,412 sqft (874.4 sqm): a five-bedroom apartment on the 15th floor of a 15-storey tower completed in 2019.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1501, Bluewaters Residences 7

Starts from the last sale price (AED 80M, 12 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 80,000,000
Deposit, UAE resident (20%)
AED 16,000,000
Deposit, non-resident (40%)
AED 32,000,000
Monthly over 25 years at 3.7%
AED 327,305

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