2-bed · 1,680 sqftBluewaters Residences 2, Bluewaters Island · 2nd floor · completed 2019

203, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in February 2020, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 May 2025
Last soldAED 3.28M26 February 2020
Current rentAED 160K /yr15 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Bluewaters Residences 2

What is 203 worth today?

Last sold for AED 3,284,000 in 2020

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15 May 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
15 May 2025RentedNew contract
AED 160,000/yr12 months · AED 95 per sqft
26 Feb 2020Sold by developerReady
AED 3,284,000AED 1,955 per sqft

Source: Dubai Land Department. Updated 15 May 2025.

Key facts

Type
2-bed apartment
Size
1,680 sqft
Floor
2nd of 7
Parking
G146
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,700 /yr
Last sold
AED 3.28M · February 2020

About 203, Bluewaters Residences 2

203 is a two-bedroom apartment of 1,680 sqft on the 2nd floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 26 February 2020 for AED 3,284,000, or AED 1,955 per sqft, 6% below the AED 2,082 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 May 2025, is AED 160,000 a year: a gross yield of 4.9% on the 2020 price, before the service charge of about AED 48,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Bluewaters Residences 2
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,311,000; 2020 AED 3,222,000; 2021 AED 3,300,000; 2022 AED 6,390,000; 2023 AED 7,500,000; 2024 AED 8,050,000; 2025 AED 8,400,000Sold by developer, February 2020: AED 3,284,000 (AED 1,955 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Bluewaters Residences 2
200K400K20192021202320252027Typical rent by year: 2019 AED 165,000; 2020 AED 160,000; 2021 AED 200,000; 2022 AED 300,000; 2023 AED 390,000; 2024 AED 430,000; 2025 AED 355,000; 2026 AED 350,000New contract, May 2025: AED 160,000 a yearNew contract, May 2025: AED 160,000 a year

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 2, and where 203 sits

All 38 2-beds →

203 last sold in February 2020 at AED 1,955 per sqft, 6% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,082). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,298 per sqft, and rent for AED 280,000 to 480,000 a year. 203's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20266,600,000
28 Jan 20264,267,093
8 Dec 20259,000,000
24 Sep 202511,000,000
3 2-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,730 Up 14.6%
Typical sale
AED 10.13M
Typical rent
AED 400K /yr
Typical yield
4.9%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 2nd floor

All 81 units in Bluewaters Residences 2
Value
2013-bedAED 3.89M · Mar 2020
2021-bedAED 2.2M · Jun 2019
2042-bedAED 3.12M · Nov 2019
2052-bedAED 3.08M · Nov 2019
2062-bedAED 3.49M · Nov 2019
2074-bedAED 5.95M · Dec 2020
2082-bedAED 9M · Dec 2025
1–7 of 11

203, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 26 February 2020 for AED 3,284,000, or AED 1,955 per sqft.
  • Rented since May 2025 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2020 price is 4.9%, before a service charge of about AED 48,700 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.

Source: Dubai Land Department. Updated 15 May 2025.

Questions about 203, Bluewaters Residences 2

What did unit 203 last sell for?

AED 3,284,000 on 26 February 2020, sold by the developer: AED 1,955 per sqft for 1,680 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 160,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 160,000.

How big is unit 203?

1,680 sqft (156.1 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 203 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 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,298 per sqft.

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Mortgage on 203, Bluewaters Residences 2

Starts from the last sale price (AED 3.28M, 26 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,284,000
Deposit, UAE resident (20%)
AED 656,800
Deposit, non-resident (40%)
AED 1,313,600
Monthly over 25 years at 3.7%
AED 13,436

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