2-bed · 1,451 sqftGrand Bleu Towers 1, Dubai Harbour · completed 2023

P501, Grand Bleu Towers 1

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

Unit P501 · DLD and Ejari recordsUpdated 24 January 2022
Last soldAED 4.23M24 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P501, Grand Bleu Towers 1

What is P501 worth today?

Last sold for AED 4,232,888 in 2022

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24 Jan 2022Sold by developerOff-plan
AED 4,232,888AED 2,916 per sqft

Source: Dubai Land Department. Updated 24 January 2022.

Key facts

Type
2-bed apartment
Size
1,451 sqft
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 4.23M · January 2022

About P501, Grand Bleu Towers 1

P501 is a two-bedroom apartment of 1,451 sqft of Grand Bleu Towers 1, a 45-storey tower in Dubai Harbour completed in 2023 by Emaar. The developer sold it on 24 January 2022 for AED 4,232,888, or AED 2,916 per sqft, 10% above the AED 2,655 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P501 over time

Sales
Unit P501, each saleTypical two-bed in Grand Bleu Towers 1
4M6M20192021202320252027Typical sale price by year: 2019 AED 3,262,888; 2020 AED 3,263,379; 2021 AED 3,959,888; 2022 AED 4,285,888; 2023 AED 4,800,000; 2024 AED 5,800,000; 2025 AED 5,700,000; 2026 AED 5,825,000Sold by developer, January 2022: AED 4,232,888 (AED 2,916 per sqft)

P501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P501, each contractTypical two-bed in Grand Bleu Towers 1
250K300K202520262027Typical rent by year: 2025 AED 300,000; 2026 AED 240,000

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

2-beds in Grand Bleu Towers 1, and where P501 sits

All 179 2-beds →

P501 last sold in January 2022 at AED 2,916 per sqft, 10% above what two-beds in Grand Bleu Towers 1 were fetching at the time (AED 2,655). Over the last 12 months two-beds sold for AED 4,000,000 to 6,900,000, around AED 4,237 per sqft, and rent for AED 120,000 to 440,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Aug 20264,000,000
17 Jul 20266,600,000
25 Jun 20265,000,000
4 Jun 20266,900,000
13 2-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 →

P501, Grand Bleu Towers 1 in numbers

  • Sold once: by Emaar on 24 January 2022 for AED 4,232,888, or AED 2,916 per sqft.
  • Two-beds in Grand Bleu Towers 1 sold for AED 4,000,000–6,900,000 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 24 January 2022.

Questions about P501, Grand Bleu Towers 1

What did unit P501 last sell for?

AED 4,232,888 on 24 January 2022, sold by the developer: AED 2,916 per sqft for 1,451 sqft. It is the only registered sale of the unit.

How big is unit P501?

1,451 sqft (134.8 sqm): a two-bedroom apartment of a 45-storey tower completed in 2023.

What is unit P501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grand Bleu Towers 1 sold for AED 4,000,000 to 6,900,000 in the last 12 months, around AED 4,237 per sqft.

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Mortgage on P501, Grand Bleu Towers 1

Starts from the last sale price (AED 4.23M, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,232,888
Deposit, UAE resident (20%)
AED 846,578
Deposit, non-resident (40%)
AED 1,693,155
Monthly over 25 years at 3.7%
AED 17,318

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