503, Bluewaters Residences 1
Sold prices and rental history: sold once, by the developer in August 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Bluewaters Residences 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 21 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,711 sqft
- Floor
- 5th of 6
- Parking
- G153
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 49,600 /yr
- Last sold
- AED 3.58M · August 2019
- Building
- Bluewaters Residences 1
About 503, Bluewaters Residences 1
503 is a two-bedroom apartment of 1,711 sqft on the 5th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 7 August 2019 for AED 3,582,000, or AED 2,093 per sqft, 6% below the AED 2,223 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 21 July 2026, is AED 458,333 a year: a gross yield of 12.8% on the 2019 price, before the service charge of about AED 49,600 a year.
Sales and rents for 503 over time
503 has sold once; 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 503 sits
All 16 2-beds →503 last sold in August 2019 at AED 2,093 per sqft, 6% below what two-beds in Bluewaters Residences 1 were fetching at the time (AED 2,223). 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. 503's AED 458,333 is in the lower half of that range.
| 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,768 sqft | AED 7.5MAED 7,500,000 · Oct 2022October 2022 | ||
| 502 | 2-bed | 1,478 sqft | AED 6.05MAED 6,050,000 · May 2025May 2025 | 530,000 /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 |
503, Bluewaters Residences 1 in numbers
- Sold once: by Blue Waters Residential on 7 August 2019 for AED 3,582,000, or AED 2,093 per sqft.
- Rented since March 2022 on 3 Ejari contracts, from AED 350,000 to AED 458,333 a year.
- At AED 458,333 a year the gross yield on the 2019 price is 12.8%, before a service charge of about AED 49,600 a year (AED 28.99 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 21 July 2026.
Questions about 503, Bluewaters Residences 1
What did unit 503 last sell for?
AED 3,582,000 on 7 August 2019, sold by the developer: AED 2,093 per sqft for 1,711 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 458,333 a year on the contract renewed on 21 July 2026. The previous contract, from July 2025, was AED 500,000; the unit has been rented since March 2022.
How big is unit 503?
1,711 sqft (159.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 503 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 503, Bluewaters Residences 1
Starts from the last sale price (AED 3.58M, 7 August 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,582,000
- Deposit, UAE resident (20%)
- AED 716,400
- Deposit, non-resident (40%)
- AED 1,432,800
- Monthly over 25 years at 3.7%
- AED 14,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →