2-bed · 1,583 sqftBluewaters Residences 8, Bluewaters Island · 11th floor · completed 2019

1102, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 6.8M22 February 2023
Current rentAED 349K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Bluewaters Residences 8

What is 1102 worth today?

Last sold for AED 6,800,000 in 2023

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29 Sep 2023RentedNew contract
AED 349,134/yr7 months · AED 221 per sqft
22 Feb 2023SoldReady
AED 6,800,000AED 4,296 per sqft
29 Sep 2022RentedNew contract
AED 350,000/yr12 months · AED 221 per sqft
15 Sep 2021RentedRenewal
AED 168,000/yr12 months · AED 106 per sqft
15 Sep 2020RentedRenewal
AED 160,000/yr12 months · AED 101 per sqft
15 Sep 2019RentedNew contract
AED 165,000/yr12 months · AED 104 per sqft
12 Apr 2018Sold by developerOff-plan
AED 4,132,000AED 2,610 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
2-bed apartment
Size
1,583 sqft
Floor
11th of 16
Parking
B218
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 45,900 /yr
Last sold
AED 6.8M · February 2023

About 1102, Bluewaters Residences 8

1102 is a two-bedroom apartment of 1,583 sqft on the 11th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 February 2023 for AED 6,800,000, or AED 4,296 per sqft, 31% above the AED 3,277 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 29 September 2023, is AED 349,134 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 45,900 a year.

Sales and rents for 1102 over time

Sales
Unit 1102, 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, April 2018: AED 4,132,000 (AED 2,610 per sqft)Sold, February 2023: AED 6,800,000 (AED 4,296 per sqft)

1102 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1102, 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, September 2019: AED 165,000 a yearRenewal, September 2020: AED 160,000 a yearRenewal, September 2021: AED 168,000 a yearNew contract, September 2022: AED 350,000 a yearNew contract, September 2023: AED 349,134 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 1102 sits

All 55 2-beds →

1102 last sold in February 2023 at AED 4,296 per sqft, 31% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 3,277). 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. 1102's AED 349,134 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 11th floor

All 85 units in Bluewaters Residences 8
Value
11013-bedAED 9.18M · Apr 2022
11033-bedAED 20M · Jan 2026
11042-bedAED 6.6M · Aug 2023
11052-bedAED 2.93M · Feb 2021
11062-bedAED 3.66M · Aug 2018

1102, Bluewaters Residences 8 in numbers

  • Sold twice: first on 12 April 2018 for AED 4,132,000, last on 22 February 2023 for AED 6,800,000 (AED 4,296 per sqft).
  • Rented since September 2019 on 5 Ejari contracts, from AED 165,000 to AED 349,134 a year.
  • At AED 349,134 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 45,900 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 29 September 2023.

Questions about 1102, Bluewaters Residences 8

What did unit 1102 last sell for?

AED 6,800,000 on 22 February 2023: AED 4,296 per sqft for 1,583 sqft. The unit has 2 registered sales; the first was AED 4,132,000 in April 2018.

What is the rent for unit 1102?

AED 349,134 a year on the contract signed on 29 September 2023. The previous contract, from September 2022, was AED 350,000; the unit has been rented since September 2019.

How big is unit 1102?

1,583 sqft (147.1 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2019.

What is unit 1102 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 1102, Bluewaters Residences 8

Starts from the last sale price (AED 6.8M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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