2-bed · 1,511 sqftBluewaters Residences 2, Bluewaters Island · 7th floor · completed 2019

705, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 3.17M17 September 2019
Current rentAED 280K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Bluewaters Residences 2

What is 705 worth today?

Last sold for AED 3,173,000 in 2019

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1 Jul 2026RentedNew contract
AED 280,000/yr12 months · AED 185 per sqft
12 Mar 2024RentedNew contract
AED 375,000/yr12 months · AED 249 per sqft
12 Nov 2022RentedRenewal
AED 170,888/yr12 months · AED 113 per sqft
12 Nov 2021RentedRenewal
AED 162,750/yr12 months · AED 108 per sqft
12 Nov 2020RentedNew contract
AED 155,000/yr12 months · AED 103 per sqft
17 Sep 2019Sold by developerReady
AED 3,173,000AED 2,100 per sqft
11 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
7th of 7
Parking
G234
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,800 /yr
Last sold
AED 3.17M · September 2019

About 705, Bluewaters Residences 2

705 is a two-bedroom apartment of 1,511 sqft on the 7th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 17 September 2019 for AED 3,173,000, or AED 2,100 per sqft, in line with the AED 2,145 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 July 2026, is AED 280,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 43,800 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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 3,173,000 (AED 2,100 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Bluewaters Residences 2
200K400K201920222025Typical 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 350,000New contract, September 2019: AED 160,000 a yearNew contract, November 2020: AED 155,000 a yearRenewal, November 2021: AED 162,750 a yearRenewal, November 2022: AED 170,888 a yearNew contract, March 2024: AED 375,000 a yearNew contract, July 2026: AED 280,000 a year

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 705 sits

All 38 2-beds →

705 last sold in September 2019 at AED 2,100 per sqft, in line with what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,145). 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. 705's AED 280,000 is at the bottom of that range.

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 7th floor

All 81 units in Bluewaters Residences 2
Value
7013-bedAED 4.68M · Nov 2019
7022-bedAED 3.63M · Aug 2023
7032-bedAED 3.4M · Sep 2019
7042-bedAED 7.6M · Dec 2024
7062-bedAED 8.1M · Feb 2024
7074-bedAED 14.4M · Dec 2022
7082-bedAED 11.2M · Nov 2024
1–7 of 11

705, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 17 September 2019 for AED 3,173,000, or AED 2,100 per sqft.
  • Rented since September 2019 on 6 Ejari contracts, from AED 160,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 43,800 a year (AED 28.99 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 1 July 2026.

Questions about 705, Bluewaters Residences 2

What did unit 705 last sell for?

AED 3,173,000 on 17 September 2019, sold by the developer: AED 2,100 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 280,000 a year on the contract signed on 1 July 2026. The previous contract, from March 2024, was AED 375,000; the unit has been rented since September 2019.

How big is unit 705?

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

What is unit 705 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 705, Bluewaters Residences 2

Starts from the last sale price (AED 3.17M, 17 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,173,000
Deposit, UAE resident (20%)
AED 634,600
Deposit, non-resident (40%)
AED 1,269,200
Monthly over 25 years at 3.7%
AED 12,982

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