501, Bluewaters Residences 1
Sold prices and rental history: sold twice, last in October 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Bluewaters Residences 1
What is 501 worth today?
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Source: Dubai Land Department. Updated 26 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,768 sqft
- Floor
- 5th of 6
- Parking
- B386
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 51,200 /yr
- Last sold
- AED 7.5M · October 2022
- Building
- Bluewaters Residences 1
About 501, Bluewaters Residences 1
501 is a two-bedroom apartment of 1,768 sqft on the 5th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 26 October 2022 for AED 7,500,000, or AED 4,243 per sqft, 29% above the AED 3,286 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Bluewaters Residences 1, and where 501 sits
All 16 2-beds →501 last sold in October 2022 at AED 4,243 per sqft, 29% above what two-beds in Bluewaters Residences 1 were fetching at the time (AED 3,286). Over the last 12 months two-beds sold for AED 7,100,000, around AED 4,736 per sqft, and rent for AED 397,861 to 530,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,499 sqft | 7,100,000 | 4,736 | ||
| 22 May 202522 May 2025 | 1,478 sqft | 6,050,000 | 4,093 | ||
| 15 Nov 202415 November 2024 | 1,711 sqft | 6,800,000 | 3,973 | ||
| 20 Sep 202420 September 2024 | 1,980 sqft | 4,700,000 | 2,374 |
Bluewaters Residences 1
Building41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.
- Typical price per sqft
- AED 4,736
- Typical sale
- AED 7.1M
- Typical rent
- AED 500K /yr
- Typical yield
- 6.0%
Other units on the 5th floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,478 sqft | AED 6.05MAED 6,050,000 · May 2025May 2025 | 530,000 /yr | |
| 503 | 2-bed | 1,711 sqft | AED 3.58MAED 3,582,000 · Aug 2019August 2019 | 458,333 /yr | |
| 504 | 4-bed | 2,563 sqft | AED 10.95MAED 10,950,000 · Apr 2022April 2022 | 315,000 /yr | |
| 505 | 3-bed | 2,175 sqft | AED 4.94MAED 4,944,000 · Sep 2018September 2018 | 550,000 /yr | |
| 506 | 4-bed | 2,473 sqft | AED 17.5MAED 17,500,000 · Feb 2023February 2023 | 100,000 /yr |
501, Bluewaters Residences 1 in numbers
- Sold twice: first on 8 October 2018 for AED 3,994,000, last on 26 October 2022 for AED 7,500,000 (AED 4,243 per sqft).
- Two-beds in Bluewaters Residences 1 sold for AED 7,100,000–7,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,736 per sqft.
Source: Dubai Land Department. Updated 26 October 2022.
Questions about 501, Bluewaters Residences 1
What did unit 501 last sell for?
AED 7,500,000 on 26 October 2022: AED 4,243 per sqft for 1,768 sqft. The unit has 2 registered sales; the first was AED 3,994,000 in October 2018.
How big is unit 501?
1,768 sqft (164.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 1 sold for AED 7,100,000 to 7,100,000 in the last 12 months, around AED 4,736 per sqft.
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Mortgage on 501, Bluewaters Residences 1
Starts from the last sale price (AED 7.5M, 26 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 7,500,000
- Deposit, UAE resident (20%)
- AED 1,500,000
- Deposit, non-resident (40%)
- AED 3,000,000
- Monthly over 25 years at 3.7%
- AED 30,685
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →