703, Bluewaters Residences 8
Sold prices and rental history: sold 5 times, last in August 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Bluewaters Residences 8
What is 703 worth today?
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Source: Dubai Land Department. Updated 15 August 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,097 sqft
- Floor
- 7th of 16
- Parking
- B680, B682
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 60,800 /yr
- Last sold
- AED 13M · August 2023
- Building
- Bluewaters Residences 8
About 703, Bluewaters Residences 8
703 is a three-bedroom apartment of 2,097 sqft on the 7th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 15 August 2023 for AED 13,000,000, or AED 6,198 per sqft, 34% above the AED 4,640 three-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 3 November 2022, is AED 298,039 a year: a gross yield of 2.3% on the 2023 price, before the service charge of about AED 60,800 a year.
Sales and rents for 703 over time
703 has sold 5 times; the dashed line is the three-bed median of each year in the building.
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 703 sits
All 28 3-beds →703 last sold in August 2023 at AED 6,198 per sqft, 34% above what three-beds in Bluewaters Residences 8 were fetching at the time (AED 4,640). 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. 703's AED 298,039 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 May 202619 May 2026 | 2,100 sqft | 18,000,000 | 8,572 | ||
| 16 Jan 202616 January 2026 | 2,097 sqft | 20,000,000 | 9,536 | ||
| 25 Nov 202525 November 2025 | 2,097 sqft | 10,000,000 | 4,768 | ||
| 17 Nov 202517 November 2025 | 2,100 sqft | 12,600,000 | 6,000 |
Bluewaters Residences 8
Building85 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%
Other units on the 7th floor
All 85 units in Bluewaters Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,100 sqft | AED 15MAED 15,000,000 · May 2024May 2024 | 850,000 /yr | |
| 702 | 2-bed | 1,603 sqft | AED 4.05MAED 4,054,000 · Nov 2017November 2017 | ||
| 704 | 2-bed | 1,705 sqft | AED 5.53MAED 5,525,000 · Nov 2022November 2022 | ||
| 705 | 2-bed | 1,503 sqft | AED 9.5MAED 9,500,000 · Jan 2025January 2025 | 470,000 /yr | |
| 706 | 2-bed | 1,667 sqft | AED 6.42MAED 6,420,000 · Dec 2022December 2022 | 360,000 /yr |
703, Bluewaters Residences 8 in numbers
- Sold 5 times: first on 28 June 2018 for AED 5,214,000, last on 15 August 2023 for AED 13,000,000 (AED 6,198 per sqft).
- Rented since November 2020 on 3 Ejari contracts, from AED 295,000 to AED 298,039 a year.
- At AED 298,039 a year the gross yield on the 2023 price is 2.3%, before a service charge of about AED 60,800 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 15 August 2023.
Questions about 703, Bluewaters Residences 8
What did unit 703 last sell for?
AED 13,000,000 on 15 August 2023: AED 6,198 per sqft for 2,097 sqft. The unit has 5 registered sales; the first was AED 5,214,000 in June 2018.
What is the rent for unit 703?
AED 298,039 a year on the contract signed on 3 November 2022. The previous contract, from November 2021, was AED 295,000; the unit has been rented since November 2020.
How big is unit 703?
2,097 sqft (194.8 sqm): a three-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.
What is unit 703 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 703, Bluewaters Residences 8
Starts from the last sale price (AED 13M, 15 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 13,000,000
- Deposit, UAE resident (20%)
- AED 2,600,000
- Deposit, non-resident (40%)
- AED 5,200,000
- Monthly over 25 years at 3.7%
- AED 53,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →