3-bed · 2,023 sqftBluewaters Residences 4, Bluewaters Island · 5th floor · completed 2019

511, Bluewaters Residences 4

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 4.33M20 June 2019
Current rentAED 578K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Bluewaters Residences 4

What is 511 worth today?

Last sold for AED 4,331,000 in 2019

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1 Feb 2026RentedNew contract
AED 577,500/yr12 months · AED 285 per sqft
1 Feb 2024RentedNew contract
AED 550,000/yr12 months · AED 272 per sqft
14 Jan 2023RentedRenewal
AED 300,000/yr12 months · AED 149 per sqft
14 Jan 2022RentedRenewal
AED 290,000/yr12 months · AED 144 per sqft
14 Jan 2021RentedNew contract
AED 260,000/yr12 months · AED 128 per sqft
20 Jun 2019Sold by developerReady
AED 4,331,000AED 2,140 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
3-bed apartment
Size
2,023 sqft
Floor
5th of 7
Parking
G262, G263
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,700 /yr
Last sold
AED 4.33M · June 2019

About 511, Bluewaters Residences 4

511 is a three-bedroom apartment of 2,023 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 20 June 2019 for AED 4,331,000, or AED 2,140 per sqft, in line with the AED 2,148 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 February 2026, is AED 577,500 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 58,700 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical three-bed in Bluewaters Residences 4
5M10M20192021202320252027Typical sale price by year: 2019 AED 4,610,500; 2020 AED 4,345,890; 2021 AED 4,750,000; 2022 AED 8,700,000; 2023 AED 10,600,000; 2026 AED 12,125,000Sold by developer, June 2019: AED 4,331,000 (AED 2,140 per sqft)

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

Rents
Unit 511, each contractTypical three-bed in Bluewaters Residences 4
200K400K600K2020202220242026Typical rent by year: 2020 AED 222,500; 2021 AED 300,000; 2022 AED 410,000; 2023 AED 448,842; 2024 AED 550,000; 2025 AED 600,000; 2026 AED 577,500New contract, January 2021: AED 260,000 a yearRenewal, January 2022: AED 290,000 a yearRenewal, January 2023: AED 300,000 a yearNew contract, February 2024: AED 550,000 a yearNew contract, February 2026: AED 577,500 a year

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 4, and where 511 sits

All 18 3-beds →

511 last sold in June 2019 at AED 2,140 per sqft, in line with what three-beds in Bluewaters Residences 4 were fetching at the time (AED 2,148). Over the last 12 months three-beds sold for AED 9,900,000 to 12,990,000, around AED 5,695 per sqft, and rent for AED 500,000 to 760,000 a year. 511's AED 577,500 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Jun 202612,990,000
6 Feb 202612,250,000
12 Jan 202612,000,000
8 Jan 20269,900,000
4 3-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 323K /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

511, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 20 June 2019 for AED 4,331,000, or AED 2,140 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 260,000 to AED 577,500 a year.
  • At AED 577,500 a year the gross yield on the 2019 price is 13.3%, before a service charge of about AED 58,700 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 4 sold for AED 9,900,000–12,990,000 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 February 2026.

Questions about 511, Bluewaters Residences 4

What did unit 511 last sell for?

AED 4,331,000 on 20 June 2019, sold by the developer: AED 2,140 per sqft for 2,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 577,500 a year on the contract signed on 1 February 2026. The previous contract, from February 2024, was AED 550,000; the unit has been rented since January 2021.

How big is unit 511?

2,023 sqft (187.9 sqm): a three-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 511 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 4 sold for AED 9,900,000 to 12,990,000 in the last 12 months, around AED 5,695 per sqft.

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Mortgage on 511, Bluewaters Residences 4

Starts from the last sale price (AED 4.33M, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,331,000
Deposit, UAE resident (20%)
AED 866,200
Deposit, non-resident (40%)
AED 1,732,400
Monthly over 25 years at 3.7%
AED 17,719

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