TH 5, Bluewaters Residences 1
Sold prices and rental history: sold twice, last in May 2022, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH 5, Bluewaters Residences 1
What is TH 5 worth today?
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Source: Dubai Land Department. Updated 1 June 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 6,354 sqft
- Floor
- Ground of 6
- Parking
- G176, G177, G178
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 184,200 /yr
- Last sold
- AED 16.5M · May 2022
- Building
- Bluewaters Residences 1
About TH 5, Bluewaters Residences 1
TH 5 is a four-bedroom apartment of 6,354 sqft on the ground floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 12 May 2022 for AED 16,500,000, or AED 2,596 per sqft, 20% below the AED 3,234 four-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 180,000 a year: a gross yield of 1.1% on the 2022 price, before the service charge of about AED 184,200 a year.
Sales and rents for TH 5 over time
TH 5 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Bluewaters Residences 1, and where TH 5 sits
All 17 4-beds →TH 5 last sold in May 2022 at AED 2,596 per sqft, 20% below what four-beds in Bluewaters Residences 1 were fetching at the time (AED 3,234). TH 5's AED 180,000 is at the bottom of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 2,563 sqft | 16,900,000 | 6,594 | ||
| 29 May 202329 May 2023 | 2,563 sqft | 19,400,000 | 7,570 | ||
| 17 Mar 202317 March 2023 | 2,473 sqft | 19,100,000 | 7,721 | ||
| 8 Feb 20238 February 2023 | 2,563 sqft | 16,600,000 | 6,477 |
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 ground floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| TH 1 | 4-bed | 5,440 sqft | AED 19MAED 19,000,000 · Oct 2022October 2022 | 320,000 /yr | |
| TH 2 | 4-bed | 5,632 sqft | AED 11.64MAED 11,642,000 · Feb 2020February 2020 | ||
| TH 3 | 4-bed | 6,455 sqft | AED 12.85MAED 12,854,000 · Dec 2020December 2020 | 700,000 /yr | |
| TH 4 | 4-bed | 6,363 sqft | AED 12.81MAED 12,809,700 · Feb 2020February 2020 | 1,500,000 /yr |
TH 5, Bluewaters Residences 1 in numbers
- Sold twice: first on 16 April 2020 for AED 12,992,240, last on 12 May 2022 for AED 16,500,000 (AED 2,596 per sqft).
- Rented since June 2022 on one Ejari contract, at AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2022 price is 1.1%, before a service charge of about AED 184,200 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 1 June 2022.
Questions about TH 5, Bluewaters Residences 1
What did unit TH 5 last sell for?
AED 16,500,000 on 12 May 2022: AED 2,596 per sqft for 6,354 sqft. The unit has 2 registered sales; the first was AED 12,992,240 in April 2020.
What is the rent for unit TH 5?
AED 180,000 a year on the contract signed on 1 June 2022.
How big is unit TH 5?
6,354 sqft (590.3 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.
What is unit TH 5 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on TH 5, Bluewaters Residences 1
Starts from the last sale price (AED 16.5M, 12 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 16,500,000
- Deposit, UAE resident (20%)
- AED 3,300,000
- Deposit, non-resident (40%)
- AED 6,600,000
- Monthly over 25 years at 3.7%
- AED 67,507
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →