2-bed · 1,607 sqftBluewaters Residences 7, Bluewaters Island · 7th floor · completed 2019

702, Bluewaters Residences 7

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

Unit 702 · DLD and Ejari recordsUpdated 18 May 2022
Last soldAED 6.6M18 May 2022
Current rentAED 330K /yr10 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bluewaters Residences 7

What is 702 worth today?

Last sold for AED 6,600,000 in 2022

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18 May 2022SoldReady
AED 6,600,000AED 4,106 per sqft
10 Sep 2021RentedNew contract
AED 330,000/yr12 months · AED 206 per sqft
25 Apr 2021SoldReady
AED 1,692,190AED 1,052 per sqft
12 Sep 2018Sold by developerOff-plan
AED 3,553,000AED 2,210 per sqft

Source: Dubai Land Department. Updated 18 May 2022.

Key facts

Type
2-bed apartment
Size
1,607 sqft
Floor
7th of 15
Parking
B702
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,600 /yr
Last sold
AED 6.6M · May 2022

About 702, Bluewaters Residences 7

702 is a two-bedroom apartment of 1,607 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 18 May 2022 for AED 6,600,000, or AED 4,106 per sqft.

One Ejari contract is registered, from 10 September 2021. The current contract, signed on 10 September 2021, is AED 330,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 46,600 a year.

Sales and rents for 702 over time

Sales
Unit 702, each saleTypical two-bed in Bluewaters Residences 7
5M10M2018202120242027Typical 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, September 2018: AED 3,553,000 (AED 2,210 per sqft)Sold, April 2021: AED 1,692,190 (AED 1,052 per sqft)Sold, May 2022: AED 6,600,000 (AED 4,106 per sqft)

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

Rents
Unit 702, each contractTypical two-bed in Bluewaters Residences 7
200K400K20192021202320252027Typical 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, September 2021: AED 330,000 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 702 sits

All 26 2-beds →

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. 702's AED 330,000 is in the lower half 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 7th floor

All 77 units in Bluewaters Residences 7
Value
7013-bedAED 8.2M · Feb 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

702, Bluewaters Residences 7 in numbers

  • Sold 3 times: first on 12 September 2018 for AED 3,553,000, last on 18 May 2022 for AED 6,600,000 (AED 4,106 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 46,600 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 18 May 2022.

Questions about 702, Bluewaters Residences 7

What did unit 702 last sell for?

AED 6,600,000 on 18 May 2022: AED 4,106 per sqft for 1,607 sqft. The unit has 3 registered sales; the first was AED 3,553,000 in September 2018.

What is the rent for unit 702?

AED 330,000 a year on the contract signed on 10 September 2021.

How big is unit 702?

1,607 sqft (149.3 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2019.

What is unit 702 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 702, Bluewaters Residences 7

Starts from the last sale price (AED 6.6M, 18 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

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