2-bed · 1,511 sqftBluewaters Residences 2, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 3M22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 2

What is 505 worth today?

Last sold for AED 3,000,000 in 2025

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22 Jan 2025SoldReady
AED 3,000,000AED 1,986 per sqft
9 Sep 2019Sold by developerReady
AED 3,135,000AED 2,075 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
5th of 7
Parking
G241
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,800 /yr
Last sold
AED 3M · January 2025

About 505, Bluewaters Residences 2

505 is a two-bedroom apartment of 1,511 sqft on the 5th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 January 2025 for AED 3,000,000, or AED 1,986 per sqft, 60% below the AED 4,949 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, September 2019: AED 3,135,000 (AED 2,075 per sqft)Sold, January 2025: AED 3,000,000 (AED 1,986 per sqft)

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

Rents
Unit 505, 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 350,000

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 505 sits

All 38 2-beds →

505 last sold in January 2025 at AED 1,986 per sqft, 60% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 4,949). 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.

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 5th floor

All 81 units in Bluewaters Residences 2
Value
5013-bedAED 11.25M · Nov 2025
5022-bedAED 8M · Feb 2024
5032-bedAED 7.8M · Jul 2025
5042-bedAED 6.6M · Aug 2026
5062-bedAED 7.25M · Dec 2022
5074-bedAED 11M · Jul 2022
5082-bedAED 3.57M · Jun 2019
1–7 of 11

505, Bluewaters Residences 2 in numbers

  • Sold twice: first on 9 September 2019 for AED 3,135,000, last on 22 January 2025 for AED 3,000,000 (AED 1,986 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 22 January 2025.

Questions about 505, Bluewaters Residences 2

What did unit 505 last sell for?

AED 3,000,000 on 22 January 2025: AED 1,986 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 3,135,000 in September 2019.

How big is unit 505?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 505 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 505, Bluewaters Residences 2

Starts from the last sale price (AED 3M, 22 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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