2-bed · 1,667 sqftBluewaters Residences 8, Bluewaters Island · 7th floor · completed 2019

706, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 22 September 2026
Last soldAED 6.42M6 December 2022
Current rentAED 360K /yr22 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Bluewaters Residences 8

What is 706 worth today?

Last sold for AED 6,420,000 in 2022

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22 Sep 2026RentedNew contract
AED 360,000/yr12 months · AED 217 per sqft
30 Dec 2022RentedNew contract
AED 177,000/yr12 months · AED 106 per sqft
6 Dec 2022SoldReady
AED 6,420,000AED 3,851 per sqft
30 Dec 2021RentedRenewal
AED 177,000/yr12 months · AED 106 per sqft
30 Dec 2020RentedNew contract
AED 165,000/yr12 months · AED 99 per sqft
20 Nov 2019Sold by developerReady
AED 3,514,000AED 2,108 per sqft

Source: Dubai Land Department. Updated 22 September 2026.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
7th of 16
Parking
B552
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,300 /yr
Last sold
AED 6.42M · December 2022

About 706, Bluewaters Residences 8

706 is a two-bedroom apartment of 1,667 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 6 December 2022 for AED 6,420,000, or AED 3,851 per sqft, 24% above the AED 3,096 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 22 September 2026, is AED 360,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 48,300 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, November 2019: AED 3,514,000 (AED 2,108 per sqft)Sold, December 2022: AED 6,420,000 (AED 3,851 per sqft)

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

Rents
Unit 706, each contractTypical two-bed in Bluewaters Residences 8
200K400K201920222025Typical 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, December 2020: AED 165,000 a yearRenewal, December 2021: AED 177,000 a yearNew contract, December 2022: AED 177,000 a yearNew contract, September 2026: AED 360,000 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 706 sits

All 55 2-beds →

706 last sold in December 2022 at AED 3,851 per sqft, 24% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 3,096). 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. 706's AED 360,000 is in the upper 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 7th floor

All 85 units in Bluewaters Residences 8
Value
7013-bedAED 15M · May 2024
7022-bedAED 4.05M · Nov 2017
7033-bedAED 13M · Aug 2023
7042-bedAED 5.53M · Nov 2022
7052-bedAED 9.5M · Jan 2025

706, Bluewaters Residences 8 in numbers

  • Sold twice: first on 20 November 2019 for AED 3,514,000, last on 6 December 2022 for AED 6,420,000 (AED 3,851 per sqft).
  • Rented since December 2020 on 4 Ejari contracts, from AED 165,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2022 price is 5.6%, 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 22 September 2026.

Questions about 706, Bluewaters Residences 8

What did unit 706 last sell for?

AED 6,420,000 on 6 December 2022: AED 3,851 per sqft for 1,667 sqft. The unit has 2 registered sales; the first was AED 3,514,000 in November 2019.

What is the rent for unit 706?

AED 360,000 a year on the contract signed on 22 September 2026. The previous contract, from December 2022, was AED 177,000; the unit has been rented since December 2020.

How big is unit 706?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2019.

What is unit 706 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 706, Bluewaters Residences 8

Starts from the last sale price (AED 6.42M, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 6,420,000
Deposit, UAE resident (20%)
AED 1,284,000
Deposit, non-resident (40%)
AED 2,568,000
Monthly over 25 years at 3.7%
AED 26,266

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