3-bed · 2,101 sqftBluewaters Residences 8, Bluewaters Island · 2nd floor · completed 2019

203, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in April 2023, and rented once, from July 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 9.18M19 April 2023
Current rentAED 400K /yr10 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Bluewaters Residences 8

What is 203 worth today?

Last sold for AED 9,180,000 in 2023

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19 Apr 2023SoldReady
AED 9,180,000AED 4,369 per sqft
10 Jul 2021RentedNew contract
AED 400,000/yr12 months · AED 191 per sqft
20 Oct 2019Sold by developerReady
AED 5,112,000AED 2,433 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
3-bed apartment
Size
2,101 sqft
Floor
2nd of 16
Parking
B685, B687
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,900 /yr
Last sold
AED 9.18M · April 2023

About 203, Bluewaters Residences 8

203 is a three-bedroom apartment of 2,101 sqft on the 2nd floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 19 April 2023 for AED 9,180,000, or AED 4,369 per sqft, 5% above the AED 4,168 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 July 2021. The current contract, signed on 10 July 2021, is AED 400,000 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 60,900 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical three-bed in Bluewaters Residences 8
5M10M2017202020232026Typical 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, October 2019: AED 5,112,000 (AED 2,433 per sqft)Sold, April 2023: AED 9,180,000 (AED 4,369 per sqft)

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

Rents
Unit 203, 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, July 2021: 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 203 sits

All 28 3-beds →

203 last sold in April 2023 at AED 4,369 per sqft, 5% above what three-beds in Bluewaters Residences 8 were fetching at the time (AED 4,168). 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. 203'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 2nd floor

All 85 units in Bluewaters Residences 8
Value
2013-bedAED 8.7M · May 2023
2022-bedAED 3.5M · Mar 2023
2042-bedAED 3.2M · Feb 2020
2052-bedAED 2.84M · Jan 2019
2062-bedAED 3.43M · Feb 2020

203, Bluewaters Residences 8 in numbers

  • Sold twice: first on 20 October 2019 for AED 5,112,000, last on 19 April 2023 for AED 9,180,000 (AED 4,369 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2023 price is 4.4%, 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 April 2023.

Questions about 203, Bluewaters Residences 8

What did unit 203 last sell for?

AED 9,180,000 on 19 April 2023: AED 4,369 per sqft for 2,101 sqft. The unit has 2 registered sales; the first was AED 5,112,000 in October 2019.

What is the rent for unit 203?

AED 400,000 a year on the contract signed on 10 July 2021.

How big is unit 203?

2,101 sqft (195.2 sqm): a three-bedroom apartment on the 2nd floor of a 16-storey tower completed in 2019.

What is unit 203 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 203, Bluewaters Residences 8

Starts from the last sale price (AED 9.18M, 19 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 9,180,000
Deposit, UAE resident (20%)
AED 1,836,000
Deposit, non-resident (40%)
AED 3,672,000
Monthly over 25 years at 3.7%
AED 37,558

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