2-bed · 1,667 sqftBluewaters Residences 8, Bluewaters Island · 10th floor · completed 2019

1006, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1006 · DLD and Ejari recordsUpdated 12 May 2024
Last soldAED 3.64M26 November 2018
Current rentAED 250K /yr12 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Bluewaters Residences 8

What is 1006 worth today?

Last sold for AED 3,638,000 in 2018

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12 May 2024RentedRenewal
AED 250,000/yr12 months · AED 150 per sqft
12 May 2023RentedRenewal
AED 250,000/yr12 months · AED 150 per sqft
12 May 2022RentedRenewal
AED 210,000/yr12 months · AED 126 per sqft
12 May 2021RentedNew contract
AED 200,000/yr12 months · AED 120 per sqft
8 Jul 2019RentedNew contract
AED 190,000/yr12 months · AED 114 per sqft
26 Nov 2018Sold by developerOff-plan
AED 3,638,000AED 2,182 per sqft

Source: Dubai Land Department. Updated 12 May 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
10th of 16
Parking
B219
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,300 /yr
Last sold
AED 3.64M · November 2018

About 1006, Bluewaters Residences 8

1006 is a two-bedroom apartment of 1,667 sqft on the 10th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 26 November 2018 for AED 3,638,000, or AED 2,182 per sqft, in line with the AED 2,177 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 12 May 2024, is AED 250,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 48,300 a year.

Sales and rents for 1006 over time

Sales
Unit 1006, 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 2018: AED 3,638,000 (AED 2,182 per sqft)

1006 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1006, 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, July 2019: AED 190,000 a yearNew contract, May 2021: AED 200,000 a yearRenewal, May 2022: AED 210,000 a yearRenewal, May 2023: AED 250,000 a yearRenewal, May 2024: AED 250,000 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 1006 sits

All 55 2-beds →

1006 last sold in November 2018 at AED 2,182 per sqft, in line with what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,177). 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. 1006's AED 250,000 is in the lower 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
10022-bedAED 3.8M · Apr 2019
10033-bedAED 10.03M · Dec 2022
10042-bedAED 6.8M · Feb 2023
10052-bedAED 7.15M · Jan 2026

1006, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 26 November 2018 for AED 3,638,000, or AED 2,182 per sqft.
  • Rented since July 2019 on 5 Ejari contracts, from AED 190,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 48,300 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 12 May 2024.

Questions about 1006, Bluewaters Residences 8

What did unit 1006 last sell for?

AED 3,638,000 on 26 November 2018, sold by the developer: AED 2,182 per sqft for 1,667 sqft. It is the only registered sale of the unit.

What is the rent for unit 1006?

AED 250,000 a year on the contract renewed on 12 May 2024. The previous contract, from May 2023, was AED 250,000; the unit has been rented since July 2019.

How big is unit 1006?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2019.

What is unit 1006 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.

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Mortgage on 1006, Bluewaters Residences 8

Starts from the last sale price (AED 3.64M, 26 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,638,000
Deposit, UAE resident (20%)
AED 727,600
Deposit, non-resident (40%)
AED 1,455,200
Monthly over 25 years at 3.7%
AED 14,884

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