2-bed · 1,535 sqftBluewaters Residences 2, Bluewaters Island · 2nd floor · completed 2019

204, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 26 September 2025
Last soldAED 3.12M6 November 2019
Current rentAED 300K /yr26 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Bluewaters Residences 2

What is 204 worth today?

Last sold for AED 3,116,000 in 2019

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26 Sep 2025RentedNew contract
AED 300,000/yr12 months · AED 195 per sqft
13 Sep 2023RentedNew contract
AED 440,000/yr12 months · AED 286 per sqft
6 Nov 2019Sold by developerReady
AED 3,116,000AED 2,030 per sqft

Source: Dubai Land Department. Updated 26 September 2025.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
2nd of 7
Parking
B363
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 44,500 /yr
Last sold
AED 3.12M · November 2019

About 204, Bluewaters Residences 2

204 is a two-bedroom apartment of 1,535 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 6 November 2019 for AED 3,116,000, or AED 2,030 per sqft, in line with the AED 2,085 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 26 September 2025, is AED 300,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 44,500 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, November 2019: AED 3,116,000 (AED 2,030 per sqft)

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

Rents
Unit 204, 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, September 2023: AED 440,000 a yearNew contract, September 2025: AED 300,000 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 204 sits

All 38 2-beds →

204 last sold in November 2019 at AED 2,030 per sqft, in line with what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,085). 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. 204's AED 300,000 is in the lower half 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
2032-bedAED 3.28M · Feb 2020
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

204, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 6 November 2019 for AED 3,116,000, or AED 2,030 per sqft.
  • Rented since September 2023 on 2 Ejari contracts, from AED 440,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 44,500 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 26 September 2025.

Questions about 204, Bluewaters Residences 2

What did unit 204 last sell for?

AED 3,116,000 on 6 November 2019, sold by the developer: AED 2,030 per sqft for 1,535 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 300,000 a year on the contract signed on 26 September 2025. The previous contract, from September 2023, was AED 440,000.

How big is unit 204?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 204 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 204, Bluewaters Residences 2

Starts from the last sale price (AED 3.12M, 6 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,116,000
Deposit, UAE resident (20%)
AED 623,200
Deposit, non-resident (40%)
AED 1,246,400
Monthly over 25 years at 3.7%
AED 12,749

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