509, Bluewaters Residences 2
Sold prices and rental history: sold twice, last in February 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Bluewaters Residences 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 10 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,987 sqft
- Floor
- 5th of 7
- Parking
- G181, G182
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 57,600 /yr
- Last sold
- AED 11.5M · February 2026
- Building
- Bluewaters Residences 2
About 509, Bluewaters Residences 2
509 is a three-bedroom apartment of 1,987 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 10 February 2026 for AED 11,500,000, or AED 5,787 per sqft, in line with the AED 5,872 three-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 28 January 2025, is AED 628,311 a year: a gross yield of 5.5% on the 2026 price, before the service charge of about AED 57,600 a year.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the three-bed median of each year in the building.
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 509 sits
All 25 3-beds →509 last sold in February 2026 at AED 5,787 per sqft, in line with what three-beds in Bluewaters Residences 2 were fetching at the time (AED 5,872). 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. 509's AED 628,311 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,989 sqft | 12,000,000 | 6,034 | ||
| 26 Dec 202526 December 2025 | 2,115 sqft | 12,600,000 | 5,957 | ||
| 18 Dec 202518 December 2025 | 1,876 sqft | 11,900,000 | 6,343 | ||
| 26 Nov 202526 November 2025 | 2,115 sqft | 11,250,000 | 5,319 |
Bluewaters Residences 2
Building81 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%
Other units on the 5th floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,115 sqft | AED 11.25MAED 11,250,000 · Nov 2025November 2025 | 566,176 /yr | |
| 502 | 2-bed | 1,512 sqft | AED 8MAED 8,000,000 · Feb 2024February 2024 | 380,000 /yr | |
| 503 | 2-bed | 1,677 sqft | AED 7.8MAED 7,800,000 · Jul 2025July 2025 | ||
| 504 | 2-bed | 1,536 sqft | AED 6.6MAED 6,600,000 · Aug 2026August 2026 | 430,000 /yr | |
| 505 | 2-bed | 1,511 sqft | AED 3MAED 3,000,000 · Jan 2025January 2025 | ||
| 506 | 2-bed | 1,636 sqft | AED 7.25MAED 7,250,000 · Dec 2022December 2022 | 350,000 /yr | |
| 507 | 4-bed | 1,233 sqft | AED 11MAED 11,000,000 · Jul 2022July 2022 | 380,000 /yr | |
| 508 | 2-bed | 1,487 sqft | AED 3.57MAED 3,570,000 · Jun 2019June 2019 | 480,000 /yr | |
| 510 | 3-bed | 1,990 sqft | AED 8MAED 8,000,000 · Jul 2023July 2023 | 650,000 /yr | |
| 511 | 1-bed | 1,146 sqft | AED 4.6MAED 4,600,000 · Feb 2023February 2023 | 400,000 /yr | |
| 512 | 3-bed | 2,061 sqft | AED 11.9MAED 11,900,000 · Jun 2024June 2024 |
509, Bluewaters Residences 2 in numbers
- Sold twice: first on 23 July 2019 for AED 4,630,000, last on 10 February 2026 for AED 11,500,000 (AED 5,787 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 628,311 a year.
- At AED 628,311 a year the gross yield on the 2026 price is 5.5%, 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 10 February 2026.
Questions about 509, Bluewaters Residences 2
What did unit 509 last sell for?
AED 11,500,000 on 10 February 2026: AED 5,787 per sqft for 1,987 sqft. The unit has 2 registered sales; the first was AED 4,630,000 in July 2019.
What is the rent for unit 509?
AED 628,311 a year on the contract signed on 28 January 2025. The previous contract, from January 2025, was AED 628,311.
How big is unit 509?
1,987 sqft (184.6 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.
What is unit 509 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 509, Bluewaters Residences 2
Starts from the last sale price (AED 11.5M, 10 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 11,500,000
- Deposit, UAE resident (20%)
- AED 2,300,000
- Deposit, non-resident (40%)
- AED 4,600,000
- Monthly over 25 years at 3.7%
- AED 47,050
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →