3-bed · 2,061 sqftBluewaters Residences 2, Bluewaters Island · 5th floor · completed 2019

512, Bluewaters Residences 2

Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 11.9M4 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, Bluewaters Residences 2

What is 512 worth today?

Last sold for AED 11,900,000 in 2024

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4 Jun 2024SoldReady
AED 11,900,000AED 5,774 per sqft
12 May 2022SoldReady
AED 7,700,000AED 3,736 per sqft
14 Nov 2019Sold by developerReady
AED 4,590,000AED 2,227 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
3-bed apartment
Size
2,061 sqft
Floor
5th of 7
Parking
B359, B360
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,700 /yr
Last sold
AED 11.9M · June 2024

About 512, Bluewaters Residences 2

512 is a three-bedroom apartment of 2,061 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 4 June 2024 for AED 11,900,000, or AED 5,774 per sqft, 5% below the AED 6,095 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 512 over time

Sales
Unit 512, 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 4,590,000 (AED 2,227 per sqft)Sold, May 2022: AED 7,700,000 (AED 3,736 per sqft)Sold, June 2024: AED 11,900,000 (AED 5,774 per sqft)

512 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 512, each contractTypical three-bed in Bluewaters Residences 2
200K400K600K20192021202320252027Typical 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 640,000

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 512 sits

All 25 3-beds →

512 last sold in June 2024 at AED 5,774 per sqft, 5% below what three-beds in Bluewaters Residences 2 were fetching at the time (AED 6,095). 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.

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

512, Bluewaters Residences 2 in numbers

  • Sold 3 times: first on 14 November 2019 for AED 4,590,000, last on 4 June 2024 for AED 11,900,000 (AED 5,774 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 4 June 2024.

Questions about 512, Bluewaters Residences 2

What did unit 512 last sell for?

AED 11,900,000 on 4 June 2024: AED 5,774 per sqft for 2,061 sqft. The unit has 3 registered sales; the first was AED 4,590,000 in November 2019.

How big is unit 512?

2,061 sqft (191.5 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 512 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 512, Bluewaters Residences 2

Starts from the last sale price (AED 11.9M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,900,000
Deposit, UAE resident (20%)
AED 2,380,000
Deposit, non-resident (40%)
AED 4,760,000
Monthly over 25 years at 3.7%
AED 48,687

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