2-bed · 1,403 sqftGrand Bleu Towers 2, Dubai Harbour · completed 2023

P503, Grand Bleu Towers 2

Sold prices and rental history: sold twice, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P503 · DLD and Ejari recordsUpdated 13 June 2024
Last soldAED 4M13 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P503, Grand Bleu Towers 2

What is P503 worth today?

Last sold for AED 4,000,000 in 2024

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13 Jun 2024SoldOff-plan
AED 4,000,000AED 2,850 per sqft
4 Oct 2021Sold by developerOff-plan
AED 4,364,888AED 3,113 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
2-bed apartment
Size
1,403 sqft
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 4M · June 2024

About P503, Grand Bleu Towers 2

P503 is a two-bedroom apartment of 1,403 sqft of Grand Bleu Towers 2, a 26-storey tower in Dubai Harbour completed in 2023 by Emaar. It last sold on 13 June 2024 for AED 4,000,000, or AED 2,850 per sqft, 24% below the AED 3,768 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P503 over time

Sales
Unit P503, each saleTypical two-bed in Grand Bleu Towers 2
4M5M2021202320252027Typical sale price by year: 2021 AED 4,053,888; 2022 AED 4,123,888; 2023 AED 4,900,000; 2024 AED 5,225,000; 2025 AED 5,300,000; 2026 AED 5,500,000Sold by developer, October 2021: AED 4,364,888 (AED 3,113 per sqft)Sold, June 2024: AED 4,000,000 (AED 2,850 per sqft)

P503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit P503, each contractTypical two-bed in Grand Bleu Towers 2
260K280K202520262027Typical rent by year: 2025 AED 290,000; 2026 AED 255,000

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 2, and where P503 sits

All 136 2-beds →

P503 last sold in June 2024 at AED 2,850 per sqft, 24% below what two-beds in Grand Bleu Towers 2 were fetching at the time (AED 3,768). Over the last 12 months two-beds sold for AED 3,000,000 to 7,400,000, around AED 3,892 per sqft, and rent for AED 110,000 to 497,238 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 20263,000,000
13 Jul 20266,000,000
10 Jul 20265,350,000
1 Jul 20265,850,000
12 2-bed sales in the last 12 months

Grand Bleu Towers 2

Building

216 apartments, 1-bed to 4-bed over 26 floors in Dubai Harbour, completed in 2023 by Emaar. 24 sold in the last 12 months.

Typical price per sqft
AED 3,669 Down 2.8%
Typical sale
AED 4.1M
Typical rent
AED 223K /yr
Typical yield
5.2%
Grand Bleu Towers 2, Dubai Harbour: prices, sales and rents →

P503, Grand Bleu Towers 2 in numbers

  • Sold twice: first on 4 October 2021 for AED 4,364,888, last on 13 June 2024 for AED 4,000,000 (AED 2,850 per sqft).
  • Two-beds in Grand Bleu Towers 2 sold for AED 3,000,000–7,400,000 in the 12 months to November 2026; the building's median across all types is AED 3,669 per sqft.

Source: Dubai Land Department. Updated 13 June 2024.

Questions about P503, Grand Bleu Towers 2

What did unit P503 last sell for?

AED 4,000,000 on 13 June 2024: AED 2,850 per sqft for 1,403 sqft. The unit has 2 registered sales; the first was AED 4,364,888 in October 2021.

How big is unit P503?

1,403 sqft (130.3 sqm): a two-bedroom apartment of a 26-storey tower completed in 2023.

What is unit P503 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 2 sold for AED 3,000,000 to 7,400,000 in the last 12 months, around AED 3,892 per sqft.

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Mortgage on P503, Grand Bleu Towers 2

Starts from the last sale price (AED 4M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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