2-bed · 1,592 sqftBluewaters Residences 4, Bluewaters Island · 5th floor · completed 2019

509, Bluewaters Residences 4

Sold prices and rental history: sold 4 times, last in February 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 11M21 February 2025
Current rentAED 535K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Bluewaters Residences 4

What is 509 worth today?

Last sold for AED 11,000,000 in 2025

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26 Jan 2026RentedNew contract
AED 535,000/yr12 months · AED 336 per sqft
27 Dec 2025RentedRenewal
AED 210,000/yr12 months · AED 132 per sqft
21 Feb 2025SoldReady
AED 11,000,000AED 6,911 per sqft
27 Dec 2024RentedNew contract
AED 550,000/yr12 months · AED 345 per sqft
6 Dec 2024SoldReady
AED 10,000,000AED 6,283 per sqft
13 Nov 2023SoldReady
AED 8,500,000AED 5,340 per sqft
17 Feb 2022RentedRenewal
AED 200,000/yr12 months · AED 126 per sqft
17 Feb 2021RentedNew contract
AED 185,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
2-bed apartment
Size
1,592 sqft
Floor
5th of 7
Parking
B513
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,100 /yr
Last sold
AED 11M · February 2025

About 509, Bluewaters Residences 4

509 is a two-bedroom apartment of 1,592 sqft on the 5th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 21 February 2025 for AED 11,000,000, or AED 6,911 per sqft, 22% above the AED 5,643 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 26 January 2026, is AED 535,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 46,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,342,000; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,300,000Sold by developer, March 2019: AED 3,414,000 (AED 2,145 per sqft)Sold, November 2023: AED 8,500,000 (AED 5,340 per sqft)Sold, December 2024: AED 10,000,000 (AED 6,283 per sqft)Sold, February 2025: AED 11,000,000 (AED 6,911 per sqft)

509 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 509, each contractTypical two-bed in Bluewaters Residences 4
200K400K600K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 200,000; 2022 AED 299,196; 2023 AED 500,000; 2024 AED 440,000; 2025 AED 391,625; 2026 AED 325,839New contract, February 2019: AED 200,000 a yearRenewal, February 2020: AED 185,000 a yearNew contract, February 2021: AED 185,000 a yearRenewal, February 2022: AED 200,000 a yearNew contract, December 2024: AED 550,000 a yearRenewal, December 2025: AED 210,000 a yearNew contract, January 2026: AED 535,000 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 4, and where 509 sits

All 28 2-beds →

509 last sold in February 2025 at AED 6,911 per sqft, 22% above what two-beds in Bluewaters Residences 4 were fetching at the time (AED 5,643). Over the last 12 months two-beds sold for AED 9,800,000 to 10,100,000, around AED 6,159 per sqft, and rent for AED 85,000 to 560,000 a year. 509's AED 535,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20269,800,000
24 Feb 202610,100,000
20 Oct 202510,100,000
7 Apr 202510,000,000
2 2-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
5051-bedAED 2.13M · Mar 2019
5062-bedAED 7.5M · Dec 2024
5074-bedAED 5.61M · Nov 2019
1–7 of 10

509, Bluewaters Residences 4 in numbers

  • Sold 4 times: first on 17 March 2019 for AED 3,414,000, last on 21 February 2025 for AED 11,000,000 (AED 6,911 per sqft).
  • Rented since February 2019 on 7 Ejari contracts, from AED 200,000 to AED 535,000 a year.
  • At AED 535,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 46,100 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 4 sold for AED 9,800,000–10,100,000 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 26 January 2026.

Questions about 509, Bluewaters Residences 4

What did unit 509 last sell for?

AED 11,000,000 on 21 February 2025: AED 6,911 per sqft for 1,592 sqft. The unit has 4 registered sales; the first was AED 3,414,000 in March 2019.

What is the rent for unit 509?

AED 535,000 a year on the contract signed on 26 January 2026. The previous contract, from December 2025, was AED 210,000; the unit has been rented since February 2019.

How big is unit 509?

1,592 sqft (147.9 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 509 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 4 sold for AED 9,800,000 to 10,100,000 in the last 12 months, around AED 6,159 per sqft.

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Mortgage on 509, Bluewaters Residences 4

Starts from the last sale price (AED 11M, 21 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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