BuildingBluewaters Island · Blue Waters Residential · 2019

Bluewaters Residences 1

One-beds to four-beds in Bluewaters Island. 1 apartment sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 14 October 2026
Typical price per sqftAED 4,7361 sale
Typical saleAED 7.1M1 sale
Typical rentAED 500K /yrAED 283 per sqft
Typical yield6.0%AED 28.99/sqft charge

About Bluewaters Residences 1

Bluewaters Residences 1 is an apartment building on Bluewaters Island, Dubai. It was completed in 2019 by Blue Waters Residential and has six storeys with 41 apartments, from one to four bedrooms. Sizes run from 1,112 to 6,455 sqft. Bluewaters Residences 2, 3 and 10 are among its neighbouring buildings. Daily needs are close by. A Franprix supermarket is within walking distance, about 300 m away, and the Bluewaters drop-off area is within walking distance at about 200 m. Apogée Clinic is about 1000 m away. For families, Learn to swim Dubai is about 1000 m away, and The House of Learning Early Childhood Center is about 1.1 km away. A dog playground is also about 1.1 km away. DMCC Metro Station is about 2.1 km away.

41 apartments over 6 floors: 2 one-beds of 1,112 to 1,115 sqft, 16 two-beds of 1,478 to 1,980 sqft, 6 three-beds of 2,172 to 2,183 sqft and 17 four-beds of 2,471 to 6,455 sqft. The service charge is AED 28.99 per sqft a year.

1 apartment sold in the 12 months to October 2026, at a median of AED 4,736 per sqft. 15 rental contracts were registered over the same 12 months, at a typical AED 500,000 a year.

Developer
Blue Waters Residential
Completed
2019
Floors
6
Units
41
Unit types
1-bed to 4-bed

Bluewaters Island, Dubai

Average prices in Bluewaters Residences 1

In Bluewaters Residences 1, typical sale prices over the last 12 months were around AED 7,100,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Bluewaters Residences 1

4,5005,000May 2026Nov 20262026-07-13: AED 4,736, 2-bed, 1,499 sqft

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Bluewaters Residences 1

  • Completed2-bed · 1,498 sqft 13 Jul 2026AED 7,100,0004,737 /sqft
  • Completed3-bed · 2,183 sqft 05 Nov 2025AED 13,700,0006,275 /sqft
  • Completed2-bed · 1,477 sqft 22 May 2025AED 6,050,0004,093 /sqft
  • Completed4-bed · 2,562 sqft 17 Mar 2025AED 16,900,0006,595 /sqft
  • Completed3-bed · 2,174 sqft 04 Feb 2025AED 12,650,0005,817 /sqft
  • Completed2-bed · 1,711 sqft 15 Nov 2024AED 6,800,0003,974 /sqft
  • Completed2-bed · 1,979 sqft 20 Sep 2024AED 4,700,0002,374 /sqft
  • Completed2-bed · 1,711 sqft 22 Jul 2024AED 3,600,0002,104 /sqft
  • Completed2-bed · 1,711 sqft 20 Jun 2024AED 8,900,0005,201 /sqft
  • Completed2-bed · 1,711 sqft 11 Jun 2024AED 7,665,0004,479 /sqft

Over the last 12 months, Bluewaters Residences 1 has recorded 1 apartment sale. Typical homes sold for around AED 7.1M (about AED 4,736 per sqft) with a median size of 1,499 sqft; most were two-beds.

1–10 of 82

Units in Bluewaters Residences 1

41 units
  • Unit 1012-bed · 1,771 sqftSold AED 3.94M, Jul 2019
  • Unit 1021-bed · 1,114 sqftSold AED 2.55M, Apr 2022
  • Unit 1032-bed · 1,980 sqftSold AED 4.7M, Sep 2024
  • Unit 1044-bed · 2,562 sqftSold AED 5.81M, Oct 2019
  • Unit 1053-bed · 2,172 sqftSold AED 4.91M, Nov 2019
  • Unit 1064-bed · 2,471 sqftSold AED 16M, Oct 2022
  • Unit 2012-bed · 1,499 sqftSold AED 7.1M, Jul 2026
  • Unit 2021-bed · 1,112 sqftSold AED 2.3M, Nov 2018
  • Unit 2032-bed · 1,711 sqftSold AED 6.8M, Nov 2024
  • Unit 2044-bed · 2,562 sqftSold AED 5.75M, Apr 2019
1–10 of 41
Every unit in Bluewaters Residences 1, by number

By type: one-beds (2), two-beds (16), three-beds (6), four-beds (17).

Nearby in Bluewaters Island

All 12 →
BuildingSale /sqftYield
Bluewaters Residences 2AED 5,7304.9%
Bluewaters Residences 3AED 5,3464.9%
Bluewaters Residences 10AED 4,7204.9%
Bluewaters Residences 9AED 5,9674.1%
Bluewaters Residences 4AED 5,7544.0%
1–5 of 11 · nearest first

Bluewaters Residences 1 in numbers

  • Across 1 DLD sale in the 12 months to October 2026, the median price in Bluewaters Residences 1 was AED 4,736 per sqft and the typical home sold for about AED 7.1M.
  • Completed in 2019 by Blue Waters Residential; 6 floors of one-beds to four-beds; service charge AED 28.99 per sqft a year.
  • A two-bed of 1,478 to 1,980 sqft rents for AED 397,861 to 530,000 a year on the 8 contracts registered in the last 12 months.
  • Gross rental yield 6.0%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 14 October 2026.

Questions

How much does a two-bed in Bluewaters Residences 1 cost?

1 two-bed sold in the 12 months to October 2026; the median was AED 7,100,000, or AED 4,736 per sqft.

How much is a two-bed for rent in Bluewaters Residences 1?

About AED 479,000 a year: that is the median of the 8 contracts for two-beds registered with Ejari in the 12 months to October 2026, from AED 397,861 to 530,000.

What is the rental yield in Bluewaters Residences 1?

About 6.0% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Bluewaters Residences 1?

AED 28.99 per sqft a year. For a typical 1,499 sqft home that is about AED 43,500 a year.

Who built Bluewaters Residences 1 and when?

Blue Waters Residential; completed in 2019; 6 floors; 41 apartments.

How many apartments are there in Bluewaters Residences 1?

41, one-beds to four-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Bluewaters Island

No Bluewaters Island property is on the board today. Follow Bluewaters Island to hear the day one is listed, or see what is for sale across Dubai with every offer public.