Costs · Bluewaters Island

DLD Fees & Transaction Costs in Bluewaters Island

Every fee involved in buying a Bluewaters Island property, itemised.

Price per sqft

AED 3,400 per sqft

1-bed rent

AED 175,000/yr

Gross yield

6–7%

Short-let occupancy

87%

The itemised list

4% DLD transfer fee, AED 4,200 trustee office fee (AED 2,100 under AED 500K), 2% agency commission, AED 520 title deed issuance, and 0.25% of the loan plus AED 290 for mortgage registration.

On a Bluewaters Island purchase

For a unit at AED 2,652,000, budget roughly 6–7% of the price in total transaction costs on a cash deal, a little more with finance.

Bluewaters Island at a glance

Bluewaters Island is an island of sea-view residences wrapped around Ain Dubai. Buying sits at AED 3,400 per sqft — roughly AED 2,652,000 for a standard one-bedroom — while long-term tenants pay about AED 175,000 a year. Hosted as a licensed holiday home, the same unit averages AED 1,007 a night at 87% occupancy, around AED 319,773 gross. Owners on our managed programme average AED 441,287 — a 38% uplift.

Frequently asked questions

Can DLD fees be split with the seller?

Sometimes — a 50/50 split is negotiable in a soft market, though the buyer usually pays.

Are there annual property taxes in Dubai?

No annual property tax. Owners pay service charges; tenants pay a 5% housing fee via DEWA.