2-bed · 1,705 sqftBluewaters Residences 8, Bluewaters Island · 11th floor · completed 2019

1104, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1104 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 6.6M14 August 2023
Current rentAED 240K /yr13 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Bluewaters Residences 8

What is 1104 worth today?

Last sold for AED 6,600,000 in 2023

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14 Aug 2023SoldReady
AED 6,600,000AED 3,871 per sqft
13 Apr 2023RentedRenewal
AED 240,000/yr12 months · AED 141 per sqft
13 Apr 2022RentedNew contract
AED 220,000/yr12 months · AED 129 per sqft
13 Apr 2021RentedRenewal
AED 220,000/yr12 months · AED 129 per sqft
13 Apr 2020RentedNew contract
AED 225,000/yr12 months · AED 132 per sqft
9 Sep 2018Sold by developerOff-plan
AED 3,655,000AED 2,144 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
2-bed apartment
Size
1,705 sqft
Floor
11th of 16
Parking
B217
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 49,400 /yr
Last sold
AED 6.6M · August 2023

About 1104, Bluewaters Residences 8

1104 is a two-bedroom apartment of 1,705 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 14 August 2023 for AED 6,600,000, or AED 3,871 per sqft, in line with the AED 3,869 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 13 April 2023, is AED 240,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 49,400 a year.

Sales and rents for 1104 over time

Sales
Unit 1104, 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, September 2018: AED 3,655,000 (AED 2,144 per sqft)Sold, August 2023: AED 6,600,000 (AED 3,871 per sqft)

1104 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1104, 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, April 2020: AED 225,000 a yearRenewal, April 2021: AED 220,000 a yearNew contract, April 2022: AED 220,000 a yearRenewal, April 2023: AED 240,000 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 1104 sits

All 55 2-beds →

1104 last sold in August 2023 at AED 3,871 per sqft, in line with what two-beds in Bluewaters Residences 8 were fetching at the time (AED 3,869). 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. 1104's AED 240,000 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 11th floor

All 85 units in Bluewaters Residences 8
Value
11013-bedAED 9.18M · Apr 2022
11022-bedAED 6.8M · Feb 2023
11033-bedAED 20M · Jan 2026
11052-bedAED 2.93M · Feb 2021
11062-bedAED 3.66M · Aug 2018

1104, Bluewaters Residences 8 in numbers

  • Sold twice: first on 9 September 2018 for AED 3,655,000, last on 14 August 2023 for AED 6,600,000 (AED 3,871 per sqft).
  • Rented since April 2020 on 4 Ejari contracts, from AED 225,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 49,400 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 14 August 2023.

Questions about 1104, Bluewaters Residences 8

What did unit 1104 last sell for?

AED 6,600,000 on 14 August 2023: AED 3,871 per sqft for 1,705 sqft. The unit has 2 registered sales; the first was AED 3,655,000 in September 2018.

What is the rent for unit 1104?

AED 240,000 a year on the contract renewed on 13 April 2023. The previous contract, from April 2022, was AED 220,000; the unit has been rented since April 2020.

How big is unit 1104?

1,705 sqft (158.4 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2019.

What is unit 1104 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 1104, Bluewaters Residences 8

Starts from the last sale price (AED 6.6M, 14 August 2023). 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 →