3-bed · 2,040 sqftBluewaters Residences 9, Bluewaters Island · 2nd floor · completed 2019

204, Bluewaters Residences 9

Sold prices and rental history: sold once, by the developer in December 2020, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 29 December 2020
Last soldAED 4.16M27 December 2020
Current rentAED 250K /yr29 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Bluewaters Residences 9

What is 204 worth today?

Last sold for AED 4,162,000 in 2020

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29 Dec 2020RentedNew contract
AED 250,000/yr12 months · AED 122 per sqft
27 Dec 2020Sold by developerReady
AED 4,162,000AED 2,039 per sqft

Source: Dubai Land Department. Updated 29 December 2020.

Key facts

Type
3-bed apartment
Size
2,040 sqft
Floor
2nd of 14
Parking
B035, B036
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,100 /yr
Last sold
AED 4.16M · December 2020

About 204, Bluewaters Residences 9

204 is a three-bedroom apartment of 2,040 sqft on the 2nd floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 27 December 2020 for AED 4,162,000, or AED 2,039 per sqft, 18% below the AED 2,492 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 29 December 2020. The current contract, signed on 29 December 2020, is AED 250,000 a year: a gross yield of 6.0% on the 2020 price, before the service charge of about AED 59,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical three-bed in Bluewaters Residences 9
5M10M20192021202320252027Typical sale price by year: 2019 AED 5,761,500; 2020 AED 5,171,500; 2021 AED 5,151,630; 2022 AED 6,750,000; 2024 AED 12,250,000; 2025 AED 13,050,000; 2026 AED 11,000,000Sold by developer, December 2020: AED 4,162,000 (AED 2,039 per sqft)

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

Rents
Unit 204, each contractTypical three-bed in Bluewaters Residences 9
200K400K600K2020202220242026Typical rent by year: 2020 AED 230,000; 2021 AED 320,000; 2022 AED 500,000; 2023 AED 550,000; 2024 AED 562,500; 2025 AED 537,500; 2026 AED 512,500New contract, December 2020: AED 250,000 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 9, and where 204 sits

All 35 3-beds →

204 last sold in December 2020 at AED 2,039 per sqft, 18% below what three-beds in Bluewaters Residences 9 were fetching at the time (AED 2,492). Over the last 12 months three-beds sold for AED 3,150,000 to 15,650,200, around AED 5,967 per sqft, and rent for AED 360,000 to 700,000 a year. 204's AED 250,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Jul 202615,650,200
12 May 20263,150,000
10 Mar 202613,000,000
2 Feb 20269,000,000
7 3-bed sales in the last 12 months

Bluewaters Residences 9

Building

73 apartments, 1-bed to 5-bed over 14 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 7 sold in the last 12 months.

Typical price per sqft
AED 5,967
Typical sale
AED 12.5M
Typical rent
AED 395K /yr
Typical yield
4.1%
Bluewaters Residences 9, Bluewaters Island: prices, sales and rents →

Other units on the 2nd floor

All 73 units in Bluewaters Residences 9
Value
2013-bedAED 6.8M · Jun 2022
2022-bedAED 6.2M · Dec 2022
2033-bedAED 4.82M · May 2021
2051-bedAED 2.3M · Mar 2020
2062-bedAED 4.8M · Oct 2022

204, Bluewaters Residences 9 in numbers

  • Sold once: by Blue Waters Residential on 27 December 2020 for AED 4,162,000, or AED 2,039 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2020 price is 6.0%, before a service charge of about AED 59,100 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 9 sold for AED 3,150,000–15,650,200 in the 12 months to November 2026; the building's median across all types is AED 5,967 per sqft.

Source: Dubai Land Department. Updated 29 December 2020.

Questions about 204, Bluewaters Residences 9

What did unit 204 last sell for?

AED 4,162,000 on 27 December 2020, sold by the developer: AED 2,039 per sqft for 2,040 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 250,000 a year on the contract signed on 29 December 2020.

How big is unit 204?

2,040 sqft (189.5 sqm): a three-bedroom apartment on the 2nd floor of a 14-storey tower completed in 2019.

What is unit 204 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 9 sold for AED 3,150,000 to 15,650,200 in the last 12 months, around AED 5,967 per sqft.

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Mortgage on 204, Bluewaters Residences 9

Starts from the last sale price (AED 4.16M, 27 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,162,000
Deposit, UAE resident (20%)
AED 832,400
Deposit, non-resident (40%)
AED 1,664,800
Monthly over 25 years at 3.7%
AED 17,028

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