1-bed · 771 sqftGrand Bleu Towers 1, Dubai Harbour · Ground floor · completed 2023

M05, Grand Bleu Towers 1

Sold prices and rental history: sold once, by the developer in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M05 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 1.97M19 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M05, Grand Bleu Towers 1

What is M05 worth today?

Last sold for AED 1,968,888 in 2022

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19 Jul 2022Sold by developerOff-plan
AED 1,968,888AED 2,553 per sqft

Source: Dubai Land Department. Updated 19 July 2022.

Key facts

Type
1-bed apartment
Size
771 sqft
Floor
Ground of 45
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 1.97M · July 2022

About M05, Grand Bleu Towers 1

M05 is a one-bedroom apartment of 771 sqft on the ground floor of Grand Bleu Towers 1, a 45-storey tower in Dubai Harbour completed in 2023 by Emaar. The developer sold it on 19 July 2022 for AED 1,968,888, or AED 2,553 per sqft, 11% below the AED 2,872 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for M05 over time

Sales
Unit M05, each saleTypical one-bed in Grand Bleu Towers 1
2M2.5M20192021202320252027Typical sale price by year: 2019 AED 1,755,388; 2020 AED 1,759,388; 2021 AED 2,356,888; 2022 AED 2,300,000; 2023 AED 2,375,000; 2024 AED 2,800,000; 2025 AED 2,737,500; 2026 AED 2,700,000Sold by developer, July 2022: AED 1,968,888 (AED 2,553 per sqft)

M05 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit M05, each contractTypical one-bed in Grand Bleu Towers 1
140K150K202520262027Typical rent by year: 2025 AED 155,000; 2026 AED 135,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Grand Bleu Towers 1, and where M05 sits

All 124 1-beds →

M05 last sold in July 2022 at AED 2,553 per sqft, 11% below what one-beds in Grand Bleu Towers 1 were fetching at the time (AED 2,872). Over the last 12 months one-beds sold for AED 2,100,000 to 3,770,000, around AED 3,378 per sqft, and rent for AED 76,650 to 170,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Oct 20262,400,000
18 Sep 20262,400,000
17 Jul 20262,750,000
5 May 20262,100,000
11 1-bed sales in the last 12 months

Grand Bleu Towers 1

Building

345 apartments, 1-bed to 4-bed over 45 floors in Dubai Harbour, completed in 2023 by Emaar. 32 sold in the last 12 months.

Typical price per sqft
AED 4,145 Up 7.8%
Typical sale
AED 5.38M
Typical rent
AED 200K /yr
Typical yield
4.2%
Grand Bleu Towers 1, Dubai Harbour: prices, sales and rents →

Other units on the ground floor

All 345 units in Grand Bleu Towers 1
Value
M012-bedAED 4.19M · Dec 2021
M021-bedAED 2.29M · Jun 2022
M031-bedAED 2.41M · Apr 2022
M041-bedAED 2.51M · Jul 2022
M061-bedAED 2.1M · May 2026
M071-bedAED 2.72M · Jan 2022

M05, Grand Bleu Towers 1 in numbers

  • Sold once: by Emaar on 19 July 2022 for AED 1,968,888, or AED 2,553 per sqft.
  • One-beds in Grand Bleu Towers 1 sold for AED 2,100,000–3,770,000 in the 12 months to November 2026; the building's median across all types is AED 4,145 per sqft.

Source: Dubai Land Department. Updated 19 July 2022.

Questions about M05, Grand Bleu Towers 1

What did unit M05 last sell for?

AED 1,968,888 on 19 July 2022, sold by the developer: AED 2,553 per sqft for 771 sqft. It is the only registered sale of the unit.

How big is unit M05?

771 sqft (71.6 sqm): a one-bedroom apartment on the ground floor of a 45-storey tower completed in 2023.

What is unit M05 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Grand Bleu Towers 1 sold for AED 2,100,000 to 3,770,000 in the last 12 months, around AED 3,378 per sqft.

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Mortgage on M05, Grand Bleu Towers 1

Starts from the last sale price (AED 1.97M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,968,888
Deposit, UAE resident (20%)
AED 393,778
Deposit, non-resident (40%)
AED 787,555
Monthly over 25 years at 3.7%
AED 8,055

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