3-bed · 2,097 sqftBluewaters Residences 8, Bluewaters Island · 8th floor · completed 2019

803, Bluewaters Residences 8

Sold prices and rental history: sold twice, last in March 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 31 March 2022
Last soldAED 9.1M31 March 2022
Current rentAED 240K /yr9 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Bluewaters Residences 8

What is 803 worth today?

Last sold for AED 9,100,000 in 2022

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31 Mar 2022SoldReady
AED 9,100,000AED 4,339 per sqft
9 Aug 2020RentedNew contract
AED 240,000/yr12 months · AED 114 per sqft
25 Jul 2019RentedNew contract
AED 250,000/yr12 months · AED 119 per sqft
8 Jul 2018Sold by developerOff-plan
AED 5,234,000AED 2,495 per sqft

Source: Dubai Land Department. Updated 31 March 2022.

Key facts

Type
3-bed apartment
Size
2,097 sqft
Floor
8th of 16
Parking
B676, B678
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,800 /yr
Last sold
AED 9.1M · March 2022

About 803, Bluewaters Residences 8

803 is a three-bedroom apartment of 2,097 sqft on the 8th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 31 March 2022 for AED 9,100,000, or AED 4,339 per sqft, 77% above the AED 2,449 three-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 9 August 2020, is AED 240,000 a year: a gross yield of 2.6% on the 2022 price, before the service charge of about AED 60,800 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, July 2018: AED 5,234,000 (AED 2,495 per sqft)Sold, March 2022: AED 9,100,000 (AED 4,339 per sqft)

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

Rents
Unit 803, 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 2019: AED 250,000 a yearNew contract, August 2020: AED 240,000 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 803 sits

All 28 3-beds →

803 last sold in March 2022 at AED 4,339 per sqft, 77% above what three-beds in Bluewaters Residences 8 were fetching at the time (AED 2,449). 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. 803's AED 240,000 is at the bottom 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 8th floor

All 85 units in Bluewaters Residences 8
Value
8013-bedAED 7.65M · Apr 2022
8022-bedAED 4.85M · Dec 2021
8042-bedAED 3.65M · Nov 2021
8052-bedAED 4.08M · Jan 2022
8062-bedAED 4M · Jan 2024

803, Bluewaters Residences 8 in numbers

  • Sold twice: first on 8 July 2018 for AED 5,234,000, last on 31 March 2022 for AED 9,100,000 (AED 4,339 per sqft).
  • Rented since July 2019 on 2 Ejari contracts, from AED 250,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2022 price is 2.6%, 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 31 March 2022.

Questions about 803, Bluewaters Residences 8

What did unit 803 last sell for?

AED 9,100,000 on 31 March 2022: AED 4,339 per sqft for 2,097 sqft. The unit has 2 registered sales; the first was AED 5,234,000 in July 2018.

What is the rent for unit 803?

AED 240,000 a year on the contract signed on 9 August 2020. The previous contract, from July 2019, was AED 250,000.

How big is unit 803?

2,097 sqft (194.8 sqm): a three-bedroom apartment on the 8th floor of a 16-storey tower completed in 2019.

What is unit 803 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 803, Bluewaters Residences 8

Starts from the last sale price (AED 9.1M, 31 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,100,000
Deposit, UAE resident (20%)
AED 1,820,000
Deposit, non-resident (40%)
AED 3,640,000
Monthly over 25 years at 3.7%
AED 37,231

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