507, Bluewaters Residences 4
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, Bluewaters Residences 4
What is 507 worth today?
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Source: Dubai Land Department. Updated 1 June 2022.
Key facts
- Type
- 4-bed apartment
- Size
- 2,459 sqft
- Floor
- 5th of 7
- Parking
- B521, B522
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 71,300 /yr
- Last sold
- AED 5.61M · November 2019
- Building
- Bluewaters Residences 4
About 507, Bluewaters Residences 4
507 is a four-bedroom apartment of 2,459 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 21 November 2019 for AED 5,607,000, or AED 2,280 per sqft, in line with the AED 2,280 four-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2022. The current contract, signed on 1 June 2022, is AED 850,000 a year: a gross yield of 15.2% on the 2019 price, before the service charge of about AED 71,300 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the four-bed median of each year in the building.
4-beds in Bluewaters Residences 4, and where 507 sits
All 10 4-beds →507 last sold in November 2019 at AED 2,280 per sqft, in line with what four-beds in Bluewaters Residences 4 were fetching at the time (AED 2,280). Over the last 12 months four-beds sold for AED 16,000,000 to 25,000,000, around AED 6,507 per sqft, and rent for AED 1,075,000 to 1,800,000 a year. 507's AED 850,000 is at the bottom of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202628 September 2026 | 6,532 sqft | 25,000,000 | 3,827 | ||
| 13 Apr 202613 April 2026 | 2,459 sqft | 16,000,000 | 6,507 | ||
| 27 Nov 202527 November 2025 | 2,459 sqft | 23,000,000 | 9,354 | ||
| 30 Sep 202530 September 2025 | 6,885 sqft | 24,000,000 | 3,485 |
Bluewaters Residences 4
Building78 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%
Other units on the 5th floor
All 78 units in Bluewaters Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,129 sqft | AED 8.7MAED 8,700,000 · Aug 2022August 2022 | 550,000 /yr | |
| 502 | 1-bed | 1,307 sqft | AED 5MAED 5,000,000 · Dec 2025December 2025 | ||
| 503 | 1-bed | 1,119 sqft | AED 3.25MAED 3,250,000 · Jun 2022June 2022 | 222,857 /yr | |
| 504 | 1-bed | 1,139 sqft | AED 2.32MAED 2,317,000 · Oct 2019October 2019 | ||
| 505 | 1-bed | 1,133 sqft | AED 2.13MAED 2,126,000 · Mar 2019March 2019 | 220,000 /yr | |
| 506 | 2-bed | 1,641 sqft | AED 7.5MAED 7,500,000 · Dec 2024December 2024 | 220,000 /yr | |
| 508 | 3-bed | 2,033 sqft | AED 14.9MAED 14,900,000 · Apr 2023April 2023 | 250,000 /yr | |
| 509 | 2-bed | 1,592 sqft | AED 11MAED 11,000,000 · Feb 2025February 2025 | 535,000 /yr | |
| 510 | 2-bed | 1,450 sqft | AED 3.35MAED 3,350,000 · Apr 2021April 2021 | ||
| 511 | 3-bed | 2,023 sqft | AED 4.33MAED 4,331,000 · Jun 2019June 2019 | 577,500 /yr |
507, Bluewaters Residences 4 in numbers
- Sold once: by Blue Waters Residential on 21 November 2019 for AED 5,607,000, or AED 2,280 per sqft.
- Rented since June 2022 on one Ejari contract, at AED 850,000 a year.
- At AED 850,000 a year the gross yield on the 2019 price is 15.2%, before a service charge of about AED 71,300 a year (AED 28.99 per sqft).
- Four-beds in Bluewaters Residences 4 sold for AED 16,000,000–25,000,000 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 1 June 2022.
Questions about 507, Bluewaters Residences 4
What did unit 507 last sell for?
AED 5,607,000 on 21 November 2019, sold by the developer: AED 2,280 per sqft for 2,459 sqft. It is the only registered sale of the unit.
What is the rent for unit 507?
AED 850,000 a year on the contract signed on 1 June 2022.
How big is unit 507?
2,459 sqft (228.4 sqm): a four-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.
What is unit 507 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Bluewaters Residences 4 sold for AED 16,000,000 to 25,000,000 in the last 12 months, around AED 6,507 per sqft.
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Mortgage on 507, Bluewaters Residences 4
Starts from the last sale price (AED 5.61M, 21 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 5,607,000
- Deposit, UAE resident (20%)
- AED 1,121,400
- Deposit, non-resident (40%)
- AED 2,242,800
- Monthly over 25 years at 3.7%
- AED 22,940
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →