3-bed · 2,016 sqftBluewaters Bay - Building 1, Bluewaters Island · 5th floor · completed 2027

506, Bluewaters Bay - Building 1

Sold prices and rental history: sold once, by the developer in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 28 April 2023
Last soldAED 7.24M28 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Bluewaters Bay - Building 1

What is 506 worth today?

Last sold for AED 7,237,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Apr 2023Sold by developerOff-plan
AED 7,237,000AED 3,589 per sqft

Source: Dubai Land Department. Updated 28 April 2023.

Key facts

Type
3-bed apartment
Size
2,016 sqft
Floor
5th of 50
Parking
2
Developer
DHRE 2 Bts
Completed
2027
Last sold
AED 7.24M · April 2023

About 506, Bluewaters Bay - Building 1

506 is a three-bedroom apartment of 2,016 sqft on the 5th floor of Bluewaters Bay - Building 1, a 50-storey tower in Bluewaters Island completed in 2027 by DHRE 2 Bts . The developer sold it on 28 April 2023 for AED 7,237,000, or AED 3,589 per sqft, 3% below the AED 3,711 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Bluewaters Bay - Building 1
7.5M8M202320242025Typical sale price by year: 2023 AED 7,537,500; 2024 AED 8,050,000Sold by developer, April 2023: AED 7,237,000 (AED 3,589 per sqft)

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

3-beds in Bluewaters Bay - Building 1, and where 506 sits

All 81 3-beds →

506 last sold in April 2023 at AED 3,589 per sqft, 3% below what three-beds in Bluewaters Bay - Building 1 were fetching at the time (AED 3,711). Over the last 12 months three-beds sold for AED 7,800,000 to 7,890,000, around AED 3,811 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Oct 20267,890,000
17 Feb 20267,800,000
11 Aug 20258,700,000
30 Jul 202511,000,000
2 3-bed sales in the last 12 months

Bluewaters Bay - Building 1

Building

352 apartments, 1-bed to 5-bed over 50 floors in Bluewaters Island, completed in 2027 by DHRE 2 Bts . 14 sold in the last 12 months.

Typical price per sqft
AED 4,024 Up 0.4%
Typical sale
AED 5.37M
Typical rent
Few contracts
Typical yield
Bluewaters Bay - Building 1, Bluewaters Island: prices, sales and rents →
Value
5011-bedAED 3.04M · Jul 2023
5022-bedAED 4.66M · Jul 2023
5032-bedAED 5.85M · Mar 2023
5042-bedAED 5M · Sep 2023
5053-bedAED 7.34M · Apr 2023
5071-bedAED 3.44M · Mar 2023
5081-bedAED 3.01M · Mar 2023

506, Bluewaters Bay - Building 1 in numbers

  • Sold once: by DHRE 2 Bts on 28 April 2023 for AED 7,237,000, or AED 3,589 per sqft.
  • Three-beds in Bluewaters Bay - Building 1 sold for AED 7,800,000–7,890,000 in the 12 months to November 2026; the building's median across all types is AED 4,024 per sqft.

Source: Dubai Land Department. Updated 28 April 2023.

Questions about 506, Bluewaters Bay - Building 1

What did unit 506 last sell for?

AED 7,237,000 on 28 April 2023, sold by the developer: AED 3,589 per sqft for 2,016 sqft. It is the only registered sale of the unit.

How big is unit 506?

2,016 sqft (187.3 sqm): a three-bedroom apartment on the 5th floor of a 50-storey tower completed in 2027.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Bay - Building 1 sold for AED 7,800,000 to 7,890,000 in the last 12 months, around AED 3,811 per sqft.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Bluewaters Bay - Building 1

Starts from the last sale price (AED 7.24M, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,237,000
Deposit, UAE resident (20%)
AED 1,447,400
Deposit, non-resident (40%)
AED 2,894,800
Monthly over 25 years at 3.7%
AED 29,609

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