3-bed · 2,112 sqftBluewaters Residences 7, Bluewaters Island · 7th floor · completed 2019

701, Bluewaters Residences 7

Sold prices and rental history: sold 3 times, last in February 2022, and rented once, from August 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 15 February 2022
Last soldAED 8.2M15 February 2022
Current rentAED 400K /yr5 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Bluewaters Residences 7

What is 701 worth today?

Last sold for AED 8,200,000 in 2022

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15 Feb 2022SoldReady
AED 8,200,000AED 3,883 per sqft
5 Aug 2021RentedNew contract
AED 400,000/yr12 months · AED 190 per sqft
25 Apr 2021SoldReady
AED 3,500,000AED 1,657 per sqft
12 Sep 2018Sold by developerOff-plan
AED 4,461,200AED 2,112 per sqft

Source: Dubai Land Department. Updated 15 February 2022.

Key facts

Type
3-bed apartment
Size
2,112 sqft
Floor
7th of 15
Parking
B555, B556
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,200 /yr
Last sold
AED 8.2M · February 2022

About 701, Bluewaters Residences 7

701 is a three-bedroom apartment of 2,112 sqft on the 7th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 15 February 2022 for AED 8,200,000, or AED 3,883 per sqft, 62% above the AED 2,394 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 August 2021. The current contract, signed on 5 August 2021, is AED 400,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 61,200 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical three-bed in Bluewaters Residences 7
5M10M2018202120242027Typical sale price by year: 2018 AED 4,534,825; 2019 AED 4,584,000; 2020 AED 4,335,000; 2021 AED 4,200,000; 2022 AED 8,200,000; 2023 AED 11,000,000; 2024 AED 11,000,000; 2025 AED 12,200,000; 2026 AED 10,150,000Sold by developer, September 2018: AED 4,461,200 (AED 2,112 per sqft)Sold, April 2021: AED 3,500,000 (AED 1,657 per sqft)Sold, February 2022: AED 8,200,000 (AED 3,883 per sqft)

701 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 701, each contractTypical three-bed in Bluewaters Residences 7
200K400K600K20192021202320252027Typical rent by year: 2019 AED 252,500; 2020 AED 237,520; 2021 AED 270,000; 2022 AED 410,000; 2023 AED 600,000; 2024 AED 630,000; 2025 AED 600,000; 2026 AED 397,500New contract, August 2021: AED 400,000 a year

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

3-beds in Bluewaters Residences 7, and where 701 sits

All 38 3-beds →

701 last sold in February 2022 at AED 3,883 per sqft, 62% above what three-beds in Bluewaters Residences 7 were fetching at the time (AED 2,394). Over the last 12 months three-beds sold for AED 9,500,000 to 13,100,000, around AED 5,468 per sqft, and rent for AED 100,000 to 645,933 a year. 701's AED 400,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Sep 20269,500,000
7 May 202613,100,000
30 Apr 202610,150,000
13 Nov 202512,600,000
4 3-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 7th floor

All 77 units in Bluewaters Residences 7
Value
7022-bedAED 6.6M · May 2022
7033-bedAED 12.6M · Nov 2025
7043-bedAED 4.17M · Oct 2019
7051-bedAED 4.5M · Dec 2025
7062-bedAED 6.8M · Oct 2023

701, Bluewaters Residences 7 in numbers

  • Sold 3 times: first on 12 September 2018 for AED 4,461,200, last on 15 February 2022 for AED 8,200,000 (AED 3,883 per sqft).
  • Rented since August 2021 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 61,200 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 7 sold for AED 9,500,000–13,100,000 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 15 February 2022.

Questions about 701, Bluewaters Residences 7

What did unit 701 last sell for?

AED 8,200,000 on 15 February 2022: AED 3,883 per sqft for 2,112 sqft. The unit has 3 registered sales; the first was AED 4,461,200 in September 2018.

What is the rent for unit 701?

AED 400,000 a year on the contract signed on 5 August 2021.

How big is unit 701?

2,112 sqft (196.2 sqm): a three-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.

What is unit 701 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 7 sold for AED 9,500,000 to 13,100,000 in the last 12 months, around AED 5,468 per sqft.

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Mortgage on 701, Bluewaters Residences 7

Starts from the last sale price (AED 8.2M, 15 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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