3-bed · 1,988 sqftBluewaters Residences 2, Bluewaters Island · 2nd floor · completed 2019

209, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in May 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 7.3M9 May 2022
Current rentAED 700K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Bluewaters Residences 2

What is 209 worth today?

Last sold for AED 7,300,000 in 2022

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15 Jan 2026RentedRenewal
AED 700,000/yr12 months · AED 352 per sqft
15 Jan 2025RentedNew contract
AED 700,000/yr12 months · AED 352 per sqft
15 Jan 2025RentedNew contract · flagged as an outlier
AED 700,000/yr12 months · AED 352 per sqft
9 May 2022SoldReady
AED 7,300,000AED 3,672 per sqft
30 Sep 2019Sold by developerReady
AED 4,532,000AED 2,279 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
2nd of 7
Parking
B393, B394
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,600 /yr
Last sold
AED 7.3M · May 2022

About 209, Bluewaters Residences 2

209 is a three-bedroom apartment of 1,988 sqft on the 2nd floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 9 May 2022 for AED 7,300,000, or AED 3,672 per sqft.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 15 January 2026, is AED 700,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 57,600 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical three-bed in Bluewaters Residences 2
5M10M2019202120232025Typical sale price by year: 2019 AED 4,630,500; 2020 AED 4,074,575; 2022 AED 7,700,000; 2024 AED 12,750,000; 2025 AED 12,250,000Sold by developer, September 2019: AED 4,532,000 (AED 2,279 per sqft)Sold, May 2022: AED 7,300,000 (AED 3,672 per sqft)

209 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 209, each contractTypical three-bed in Bluewaters Residences 2
250K500K750K20192021202320252027Typical rent by year: 2019 AED 248,750; 2020 AED 230,000; 2021 AED 300,000; 2022 AED 450,000; 2023 AED 625,000; 2024 AED 595,500; 2025 AED 600,000; 2026 AED 640,000New contract, January 2025: AED 700,000 a yearRenewal, January 2026: AED 700,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bluewaters Residences 2, and where 209 sits

All 25 3-beds →

Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year. 209's AED 700,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202612,000,000
10 Feb 202611,500,000
26 Dec 202512,600,000
18 Dec 202511,900,000
5 3-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
2062-bedAED 3.49M · Nov 2019
2074-bedAED 5.95M · Dec 2020
1–7 of 11

209, Bluewaters Residences 2 in numbers

  • Sold twice: first on 30 September 2019 for AED 4,532,000, last on 9 May 2022 for AED 7,300,000 (AED 3,672 per sqft).
  • Rented since January 2025 on 3 Ejari contracts, at AED 700,000 a year.
  • At AED 700,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 57,600 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 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 January 2026.

Questions about 209, Bluewaters Residences 2

What did unit 209 last sell for?

AED 7,300,000 on 9 May 2022: AED 3,672 per sqft for 1,988 sqft. The unit has 2 registered sales; the first was AED 4,532,000 in September 2019.

What is the rent for unit 209?

AED 700,000 a year on the contract renewed on 15 January 2026. The previous contract, from January 2025, was AED 700,000; the unit has been rented since January 2025.

How big is unit 209?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 209 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.

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Mortgage on 209, Bluewaters Residences 2

Starts from the last sale price (AED 7.3M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,300,000
Deposit, UAE resident (20%)
AED 1,460,000
Deposit, non-resident (40%)
AED 2,920,000
Monthly over 25 years at 3.7%
AED 29,867

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