3-bed · 1,990 sqftBluewaters Residences 2, Bluewaters Island · 5th floor · completed 2019

510, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 8M3 July 2023
Current rentAED 650K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Bluewaters Residences 2

What is 510 worth today?

Last sold for AED 8,000,000 in 2023

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15 Oct 2025RentedNew contract
AED 650,000/yr12 months · AED 327 per sqft
2 Mar 2025RentedNew contract
AED 646,524/yr12 months · AED 325 per sqft
2 Mar 2025RentedNew contract · flagged as an outlier
AED 646,524/yr12 months · AED 325 per sqft
5 Feb 2024RentedNew contract
AED 700,000/yr12 months · AED 352 per sqft
3 Jul 2023SoldReady
AED 8,000,000AED 4,019 per sqft
10 Nov 2019Sold by developerReady
AED 4,686,000AED 2,354 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
3-bed apartment
Size
1,990 sqft
Floor
5th of 7
Parking
B357, B358
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,700 /yr
Last sold
AED 8M · July 2023

About 510, Bluewaters Residences 2

510 is a three-bedroom apartment of 1,990 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 3 July 2023 for AED 8,000,000, or AED 4,019 per sqft, in line with the AED 4,019 three-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 15 October 2025, is AED 650,000 a year: a gross yield of 8.1% on the 2023 price, before the service charge of about AED 57,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, November 2019: AED 4,686,000 (AED 2,354 per sqft)Sold, July 2023: AED 8,000,000 (AED 4,019 per sqft)

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

Rents
Unit 510, 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, February 2024: AED 700,000 a yearNew contract, March 2025: AED 646,524 a yearNew contract, October 2025: AED 650,000 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 510 sits

All 25 3-beds →

510 last sold in July 2023 at AED 4,019 per sqft, in line with what three-beds in Bluewaters Residences 2 were fetching at the time (AED 4,019). 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. 510's AED 650,000 is in the upper half 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 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
5052-bedAED 3M · Jan 2025
5062-bedAED 7.25M · Dec 2022
5074-bedAED 11M · Jul 2022
1–7 of 11

510, Bluewaters Residences 2 in numbers

  • Sold twice: first on 10 November 2019 for AED 4,686,000, last on 3 July 2023 for AED 8,000,000 (AED 4,019 per sqft).
  • Rented since February 2024 on 4 Ejari contracts, from AED 700,000 to AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2023 price is 8.1%, before a service charge of about AED 57,700 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 October 2025.

Questions about 510, Bluewaters Residences 2

What did unit 510 last sell for?

AED 8,000,000 on 3 July 2023: AED 4,019 per sqft for 1,990 sqft. The unit has 2 registered sales; the first was AED 4,686,000 in November 2019.

What is the rent for unit 510?

AED 650,000 a year on the contract signed on 15 October 2025. The previous contract, from March 2025, was AED 646,524; the unit has been rented since February 2024.

How big is unit 510?

1,990 sqft (184.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 510 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 510, Bluewaters Residences 2

Starts from the last sale price (AED 8M, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,000,000
Deposit, UAE resident (20%)
AED 1,600,000
Deposit, non-resident (40%)
AED 3,200,000
Monthly over 25 years at 3.7%
AED 32,730

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