2-bed · 1,667 sqftBluewaters Residences 8, Bluewaters Island · 13th floor · completed 2019

1306, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 6 November 2022
Last soldAED 3.69M7 June 2018
Current rentAED 540K /yr6 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Bluewaters Residences 8

What is 1306 worth today?

Last sold for AED 3,688,000 in 2018

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6 Nov 2022RentedRenewal
AED 540,000/yr4 months · AED 324 per sqft
5 May 2022RentedNew contract
AED 358,011/yr6 months · AED 215 per sqft
7 Jun 2018Sold by developerOff-plan
AED 3,688,000AED 2,212 per sqft

Source: Dubai Land Department. Updated 6 November 2022.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
13th of 16
Parking
B295
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,300 /yr
Last sold
AED 3.69M · June 2018

About 1306, Bluewaters Residences 8

1306 is a two-bedroom apartment of 1,667 sqft on the 13th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 7 June 2018 for AED 3,688,000, or AED 2,212 per sqft, 13% below the AED 2,529 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 6 November 2022, is AED 540,000 a year: a gross yield of 14.6% on the 2018 price, before the service charge of about AED 48,300 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, 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, June 2018: AED 3,688,000 (AED 2,212 per sqft)

1306 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1306, each contractTypical two-bed in Bluewaters Residences 8
200K400K600K20192021202320252027Typical 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, May 2022: AED 358,011 a yearRenewal, November 2022: AED 540,000 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 1306 sits

All 55 2-beds →

1306 last sold in June 2018 at AED 2,212 per sqft, 13% below what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,529). 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. 1306's AED 540,000 is at the top 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 13th floor

All 85 units in Bluewaters Residences 8
Value
13013-bedAED 15.6M · Oct 2023
13022-bedAED 7.5M · Jun 2022
13033-bedAED 16.25M · May 2024
13042-bedAED 4.6M · Jun 2021
13052-bedAED 3.25M · Jun 2018

1306, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 7 June 2018 for AED 3,688,000, or AED 2,212 per sqft.
  • Rented since May 2022 on 2 Ejari contracts, from AED 358,011 to AED 540,000 a year.
  • At AED 540,000 a year the gross yield on the 2018 price is 14.6%, 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 6 November 2022.

Questions about 1306, Bluewaters Residences 8

What did unit 1306 last sell for?

AED 3,688,000 on 7 June 2018, sold by the developer: AED 2,212 per sqft for 1,667 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 540,000 a year on the contract renewed on 6 November 2022. The previous contract, from May 2022, was AED 358,011.

How big is unit 1306?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 13th floor of a 16-storey tower completed in 2019.

What is unit 1306 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 1306, Bluewaters Residences 8

Starts from the last sale price (AED 3.69M, 7 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,688,000
Deposit, UAE resident (20%)
AED 737,600
Deposit, non-resident (40%)
AED 1,475,200
Monthly over 25 years at 3.7%
AED 15,089

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