1-bed · 1,133 sqftBluewaters Residences 4, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 4

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

Unit 505 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 2.13M25 March 2019
Current rentAED 220K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 4

What is 505 worth today?

Last sold for AED 2,126,000 in 2019

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10 Mar 2026RentedRenewal
AED 220,000/yr12 months · AED 194 per sqft
10 Feb 2025RentedRenewal
AED 200,000/yr13 months · AED 177 per sqft
10 Feb 2025RentedRenewal
AED 200,000/yr13 months · AED 177 per sqft
10 Jan 2024RentedNew contract
AED 200,000/yr13 months · AED 177 per sqft
20 Aug 2022RentedRenewal
AED 110,000/yr12 months · AED 97 per sqft
20 Aug 2021RentedRenewal
AED 90,000/yr12 months · AED 79 per sqft
20 Aug 2020RentedNew contract
AED 85,000/yr12 months · AED 75 per sqft
18 Apr 2019RentedNew contract
AED 135,000/yr12 months · AED 119 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
1-bed apartment
Size
1,133 sqft
Floor
5th of 7
Parking
G273
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 32,800 /yr
Last sold
AED 2.13M · March 2019

About 505, Bluewaters Residences 4

505 is a one-bedroom apartment of 1,133 sqft on the 5th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 25 March 2019 for AED 2,126,000, or AED 1,876 per sqft, 6% below the AED 2,000 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 220,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 32,800 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Bluewaters Residences 4
2M4M2019202120232025Typical sale price by year: 2019 AED 2,313,500; 2022 AED 3,180,000; 2023 AED 5,200,000; 2024 AED 3,525,000Sold by developer, March 2019: AED 2,126,000 (AED 1,876 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 4
100K200K20192021202320252027Typical rent by year: 2019 AED 117,500; 2020 AED 112,500; 2021 AED 120,375; 2022 AED 132,850; 2024 AED 235,000; 2025 AED 222,857; 2026 AED 245,000New contract, April 2019: AED 135,000 a yearNew contract, August 2020: AED 85,000 a yearRenewal, August 2021: AED 90,000 a yearRenewal, August 2022: AED 110,000 a yearNew contract, January 2024: AED 200,000 a yearRenewal, February 2025: AED 200,000 a yearRenewal, February 2025: AED 200,000 a yearRenewal, March 2026: AED 220,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Residences 4, and where 505 sits

All 22 1-beds →

505 last sold in March 2019 at AED 1,876 per sqft, 6% below what one-beds in Bluewaters Residences 4 were fetching at the time (AED 2,000). Over the last 12 months one-beds sold for AED 4,400,000 to 5,000,000, around AED 3,847 per sqft, and rent for AED 160,000 to 285,000 a year. 505's AED 220,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Mar 20264,400,000
17 Dec 20255,000,000
13 Dec 20245,000,000
8 Nov 20243,200,000
2 1-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 5,754 Up 4.5%
Typical sale
AED 12M
Typical rent
AED 320K /yr
Typical yield
4.0%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 78 units in Bluewaters Residences 4
Value
5013-bedAED 8.7M · Aug 2022
5021-bedAED 5M · Dec 2025
5031-bedAED 3.25M · Jun 2022
5041-bedAED 2.32M · Oct 2019
5062-bedAED 7.5M · Dec 2024
5074-bedAED 5.61M · Nov 2019
5083-bedAED 14.9M · Apr 2023
1–7 of 10

505, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 25 March 2019 for AED 2,126,000, or AED 1,876 per sqft.
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 135,000 to AED 85,000 in 2020 and recovered to AED 220,000 by March 2026.
  • At AED 220,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 32,800 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 4 sold for AED 4,400,000–5,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,754 per sqft.

Source: Dubai Land Department. Updated 10 March 2026.

Questions about 505, Bluewaters Residences 4

What did unit 505 last sell for?

AED 2,126,000 on 25 March 2019, sold by the developer: AED 1,876 per sqft for 1,133 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 220,000 a year on the contract renewed on 10 March 2026. The previous contract, from February 2025, was AED 200,000; the unit has been rented since April 2019.

How big is unit 505?

1,133 sqft (105.3 sqm): a one-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. One-beds in Bluewaters Residences 4 sold for AED 4,400,000 to 5,000,000 in the last 12 months, around AED 3,847 per sqft.

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Mortgage on 505, Bluewaters Residences 4

Starts from the last sale price (AED 2.13M, 25 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,126,000
Deposit, UAE resident (20%)
AED 425,200
Deposit, non-resident (40%)
AED 850,400
Monthly over 25 years at 3.7%
AED 8,698

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