2-bed · 1,636 sqftBluewaters Residences 2, Bluewaters Island · 2nd floor · completed 2019

206, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 3.49M21 November 2019
Current rentAED 350K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Bluewaters Residences 2

What is 206 worth today?

Last sold for AED 3,486,000 in 2019

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9 Oct 2026RentedNew contract
AED 350,000/yr13 months · AED 214 per sqft
15 Jul 2024RentedNew contract
AED 370,000/yr12 months · AED 226 per sqft
10 May 2023RentedNew contract
AED 400,000/yr12 months · AED 244 per sqft
7 Nov 2020RentedNew contract
AED 190,000/yr12 months · AED 116 per sqft
21 Nov 2019Sold by developerReady
AED 3,486,000AED 2,130 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
2-bed apartment
Size
1,636 sqft
Floor
2nd of 7
Parking
G151
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,400 /yr
Last sold
AED 3.49M · November 2019

About 206, Bluewaters Residences 2

206 is a two-bedroom apartment of 1,636 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 21 November 2019 for AED 3,486,000, or AED 2,130 per sqft, in line with the AED 2,082 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 9 October 2026, is AED 350,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 47,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 3,486,000 (AED 2,130 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Bluewaters Residences 2
200K400K201920222025Typical 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, November 2020: AED 190,000 a yearNew contract, May 2023: AED 400,000 a yearNew contract, July 2024: AED 370,000 a yearNew contract, October 2026: AED 350,000 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 206 sits

All 38 2-beds →

206 last sold in November 2019 at AED 2,130 per sqft, in line with 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. 206's AED 350,000 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
2042-bedAED 3.12M · Nov 2019
2052-bedAED 3.08M · Nov 2019
2074-bedAED 5.95M · Dec 2020
2082-bedAED 9M · Dec 2025
1–7 of 11

206, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 21 November 2019 for AED 3,486,000, or AED 2,130 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 190,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 47,400 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 9 October 2026.

Questions about 206, Bluewaters Residences 2

What did unit 206 last sell for?

AED 3,486,000 on 21 November 2019, sold by the developer: AED 2,130 per sqft for 1,636 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 350,000 a year on the contract signed on 9 October 2026. The previous contract, from July 2024, was AED 370,000; the unit has been rented since November 2020.

How big is unit 206?

1,636 sqft (152.0 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 206 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 206, Bluewaters Residences 2

Starts from the last sale price (AED 3.49M, 21 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,486,000
Deposit, UAE resident (20%)
AED 697,200
Deposit, non-resident (40%)
AED 1,394,400
Monthly over 25 years at 3.7%
AED 14,262

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