3-bed · 2,097 sqftBluewaters Residences 8, Bluewaters Island · 9th floor · completed 2019

903, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 5.25M19 June 2018
Current rentAED 720K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Bluewaters Residences 8

What is 903 worth today?

Last sold for AED 5,254,000 in 2018

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26 Aug 2024RentedNew contract
AED 720,000/yr12 months · AED 345 per sqft
10 Nov 2022RentedNew contract
AED 699,000/yr12 months · AED 333 per sqft
10 Oct 2021RentedNew contract
AED 400,000/yr12 months · AED 191 per sqft
20 Sep 2020RentedRenewal
AED 215,000/yr12 months · AED 102 per sqft
20 Sep 2019RentedNew contract
AED 225,000/yr12 months · AED 107 per sqft
19 Jun 2018Sold by developerOff-plan
AED 5,254,000AED 2,505 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
3-bed apartment
Size
2,097 sqft
Floor
9th of 16
Parking
B674, B675
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,800 /yr
Last sold
AED 5.25M · June 2018

About 903, Bluewaters Residences 8

903 is a three-bedroom apartment of 2,097 sqft on the 9th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 19 June 2018 for AED 5,254,000, or AED 2,505 per sqft, in line with the AED 2,572 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 26 August 2024, is AED 720,000 a year: a gross yield of 13.7% on the 2018 price, before the service charge of about AED 60,800 a year.

Sales and rents for 903 over time

Sales
Unit 903, 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, June 2018: AED 5,254,000 (AED 2,505 per sqft)

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

Rents
Unit 903, 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, September 2019: AED 225,000 a yearRenewal, September 2020: AED 215,000 a yearNew contract, October 2021: AED 400,000 a yearNew contract, November 2022: AED 699,000 a yearNew contract, August 2024: AED 720,000 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 903 sits

All 28 3-beds →

903 last sold in June 2018 at AED 2,505 per sqft, in line with what three-beds in Bluewaters Residences 8 were fetching at the time (AED 2,572). 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. 903's AED 720,000 is in the upper 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 9th floor

All 85 units in Bluewaters Residences 8
Value
9013-bedAED 7M · Mar 2022
9022-bedAED 8M · Feb 2025
9042-bedAED 5.4M · Aug 2022
9052-bedAED 8.7M · Jan 2024
9062-bedAED 3.55M · Aug 2018

903, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 19 June 2018 for AED 5,254,000, or AED 2,505 per sqft.
  • Rented since September 2019 on 5 Ejari contracts, from AED 225,000 to AED 720,000 a year.
  • At AED 720,000 a year the gross yield on the 2018 price is 13.7%, 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 26 August 2024.

Questions about 903, Bluewaters Residences 8

What did unit 903 last sell for?

AED 5,254,000 on 19 June 2018, sold by the developer: AED 2,505 per sqft for 2,097 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 720,000 a year on the contract signed on 26 August 2024. The previous contract, from November 2022, was AED 699,000; the unit has been rented since September 2019.

How big is unit 903?

2,097 sqft (194.8 sqm): a three-bedroom apartment on the 9th floor of a 16-storey tower completed in 2019.

What is unit 903 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 903, Bluewaters Residences 8

Starts from the last sale price (AED 5.25M, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,254,000
Deposit, UAE resident (20%)
AED 1,050,800
Deposit, non-resident (40%)
AED 2,101,600
Monthly over 25 years at 3.7%
AED 21,496

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