3-bed · 2,100 sqftBluewaters Residences 8, Bluewaters Island · 13th floor · completed 2019

1301, Bluewaters Residences 8

Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1301 · DLD and Ejari recordsUpdated 19 October 2023
Last soldAED 15.6M19 October 2023
Current rentAED 400K /yr18 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1301, Bluewaters Residences 8

What is 1301 worth today?

Last sold for AED 15,600,000 in 2023

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19 Oct 2023SoldReady
AED 15,600,000AED 7,427 per sqft
22 May 2023SoldReady
AED 12,000,000AED 5,713 per sqft
18 Apr 2022RentedRenewal
AED 400,000/yr8 months · AED 190 per sqft
18 Apr 2021RentedNew contract
AED 400,000/yr12 months · AED 190 per sqft
15 Jun 2020RentedRenewal
AED 285,000/yr7 months · AED 136 per sqft
15 Jun 2019RentedNew contract
AED 285,000/yr12 months · AED 136 per sqft
27 Sep 2017Sold by developerOff-plan
AED 5,420,000AED 2,580 per sqft

Source: Dubai Land Department. Updated 19 October 2023.

Key facts

Type
3-bed apartment
Size
2,100 sqft
Floor
13th of 16
Parking
B615, B617
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,900 /yr
Last sold
AED 15.6M · October 2023

About 1301, Bluewaters Residences 8

1301 is a three-bedroom apartment of 2,100 sqft on the 13th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 19 October 2023 for AED 15,600,000, or AED 7,427 per sqft, 55% above the AED 4,780 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 18 April 2022, is AED 400,000 a year: a gross yield of 2.6% on the 2023 price, before the service charge of about AED 60,900 a year.

Sales and rents for 1301 over time

Sales
Unit 1301, each saleTypical three-bed in Bluewaters Residences 8
5M10M15M2017202020232026Typical sale price by year: 2017 AED 5,420,000; 2018 AED 5,236,500; 2019 AED 5,143,000; 2021 AED 5,084,500; 2022 AED 8,107,000; 2023 AED 10,850,000; 2024 AED 12,750,000; 2025 AED 11,950,000Sold by developer, September 2017: AED 5,420,000 (AED 2,580 per sqft)Sold, May 2023: AED 12,000,000 (AED 5,713 per sqft)Sold, October 2023: AED 15,600,000 (AED 7,427 per sqft)

1301 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1301, each contractTypical three-bed in Bluewaters Residences 8
250K500K750K2019202120232025Typical rent by year: 2019 AED 232,500; 2020 AED 240,000; 2021 AED 300,000; 2022 AED 400,000; 2023 AED 725,000; 2024 AED 685,000; 2025 AED 649,034New contract, June 2019: AED 285,000 a yearRenewal, June 2020: AED 285,000 a yearNew contract, April 2021: AED 400,000 a yearRenewal, April 2022: AED 400,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bluewaters Residences 8, and where 1301 sits

All 28 3-beds →

1301 last sold in October 2023 at AED 7,427 per sqft, 55% above what three-beds in Bluewaters Residences 8 were fetching at the time (AED 4,780). Over the last 12 months three-beds sold for AED 10,000,000 to 20,000,000, around AED 7,286 per sqft, and rent for AED 300,000 to 755,801 a year. 1301's AED 400,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 May 202618,000,000
16 Jan 202620,000,000
25 Nov 202510,000,000
17 Nov 202512,600,000
4 3-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 13th floor

All 85 units in Bluewaters Residences 8
Value
13022-bedAED 7.5M · Jun 2022
13033-bedAED 16.25M · May 2024
13042-bedAED 4.6M · Jun 2021
13052-bedAED 3.25M · Jun 2018
13062-bedAED 3.69M · Jun 2018

1301, Bluewaters Residences 8 in numbers

  • Sold 3 times: first on 27 September 2017 for AED 5,420,000, last on 19 October 2023 for AED 15,600,000 (AED 7,427 per sqft).
  • Rented since June 2019 on 4 Ejari contracts, from AED 285,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2023 price is 2.6%, before a service charge of about AED 60,900 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 8 sold for AED 10,000,000–20,000,000 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 19 October 2023.

Questions about 1301, Bluewaters Residences 8

What did unit 1301 last sell for?

AED 15,600,000 on 19 October 2023: AED 7,427 per sqft for 2,100 sqft. The unit has 3 registered sales; the first was AED 5,420,000 in September 2017.

What is the rent for unit 1301?

AED 400,000 a year on the contract renewed on 18 April 2022. The previous contract, from April 2021, was AED 400,000; the unit has been rented since June 2019.

How big is unit 1301?

2,100 sqft (195.1 sqm): a three-bedroom apartment on the 13th floor of a 16-storey tower completed in 2019.

What is unit 1301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 8 sold for AED 10,000,000 to 20,000,000 in the last 12 months, around AED 7,286 per sqft.

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Mortgage on 1301, Bluewaters Residences 8

Starts from the last sale price (AED 15.6M, 19 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 15,600,000
Deposit, UAE resident (20%)
AED 3,120,000
Deposit, non-resident (40%)
AED 6,240,000
Monthly over 25 years at 3.7%
AED 63,824

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