2-bed · 1,496 sqftBluewaters Residences 8, Bluewaters Island · 10th floor · completed 2019

1002, Bluewaters Residences 8

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

Unit 1002 · DLD and Ejari recordsUpdated 21 June 2024
Last soldAED 3.8M30 April 2019
Current rentAED 400K /yr21 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Bluewaters Residences 8

What is 1002 worth today?

Last sold for AED 3,800,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Jun 2024RentedNew contract
AED 400,000/yr12 months · AED 267 per sqft
21 Jun 2023RentedNew contract
AED 380,000/yr12 months · AED 254 per sqft
3 Apr 2022RentedNew contract
AED 265,000/yr12 months · AED 177 per sqft
1 Nov 2021RentedRenewal
AED 155,000/yr12 months · AED 104 per sqft
1 Nov 2020RentedRenewal
AED 155,000/yr12 months · AED 104 per sqft
1 Nov 2019RentedNew contract
AED 170,000/yr12 months · AED 114 per sqft
30 Apr 2019SoldReady
AED 3,800,000AED 2,540 per sqft
8 Nov 2017Sold by developerOff-plan
AED 3,896,000AED 2,604 per sqft

Source: Dubai Land Department. Updated 21 June 2024.

Key facts

Type
2-bed apartment
Size
1,496 sqft
Floor
10th of 16
Parking
B215
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,400 /yr
Last sold
AED 3.8M · April 2019

About 1002, Bluewaters Residences 8

1002 is a two-bedroom apartment of 1,496 sqft on the 10th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 30 April 2019 for AED 3,800,000, or AED 2,540 per sqft, 18% above the AED 2,161 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 21 June 2024, is AED 400,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 43,400 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Bluewaters Residences 8
5M10M2017202020232026Typical sale price by year: 2017 AED 4,100,500; 2018 AED 3,672,000; 2019 AED 3,479,000; 2020 AED 3,353,055; 2021 AED 3,650,000; 2022 AED 5,400,000; 2023 AED 7,100,000; 2024 AED 7,650,000; 2025 AED 8,000,000; 2026 AED 9,100,000Sold by developer, November 2017: AED 3,896,000 (AED 2,604 per sqft)Sold, April 2019: AED 3,800,000 (AED 2,540 per sqft)

1002 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Bluewaters Residences 8
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 162,500; 2021 AED 176,000; 2022 AED 340,000; 2023 AED 380,000; 2024 AED 400,000; 2025 AED 420,000; 2026 AED 458,100New contract, November 2019: AED 170,000 a yearRenewal, November 2020: AED 155,000 a yearRenewal, November 2021: AED 155,000 a yearNew contract, April 2022: AED 265,000 a yearNew contract, June 2023: AED 380,000 a yearNew contract, June 2024: AED 400,000 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 8, and where 1002 sits

All 55 2-beds →

1002 last sold in April 2019 at AED 2,540 per sqft, 18% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,161). Over the last 12 months two-beds sold for AED 7,150,000 to 11,300,000, around AED 5,312 per sqft, and rent for AED 130,000 to 520,000 a year. 1002's AED 400,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20269,100,000
26 Jan 20267,150,000
8 Jan 202611,300,000
25 Nov 202510,000,000
4 2-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.

Typical price per sqft
AED 6,000
Typical sale
AED 11.3M
Typical rent
AED 450K /yr
Typical yield
4.5%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 10th floor

All 85 units in Bluewaters Residences 8
Value
10013-bedAED 9.66M · Jun 2022
10033-bedAED 10.03M · Dec 2022
10042-bedAED 6.8M · Feb 2023
10052-bedAED 7.15M · Jan 2026
10062-bedAED 3.64M · Nov 2018

1002, Bluewaters Residences 8 in numbers

  • Sold twice: first on 8 November 2017 for AED 3,896,000, last on 30 April 2019 for AED 3,800,000 (AED 2,540 per sqft).
  • Rented since November 2019 on 6 Ejari contracts, from AED 170,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 43,400 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 8 sold for AED 7,150,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 6,000 per sqft.

Source: Dubai Land Department. Updated 21 June 2024.

Questions about 1002, Bluewaters Residences 8

What did unit 1002 last sell for?

AED 3,800,000 on 30 April 2019: AED 2,540 per sqft for 1,496 sqft. The unit has 2 registered sales; the first was AED 3,896,000 in November 2017.

What is the rent for unit 1002?

AED 400,000 a year on the contract signed on 21 June 2024. The previous contract, from June 2023, was AED 380,000; the unit has been rented since November 2019.

How big is unit 1002?

1,496 sqft (139.0 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1002 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 8 sold for AED 7,150,000 to 11,300,000 in the last 12 months, around AED 5,312 per sqft.

Selling 1002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1002, Bluewaters Residences 8

Starts from the last sale price (AED 3.8M, 30 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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