2-bed · 1,465 sqftBluewaters Residences 5, Bluewaters Island · 1st floor · completed 2019

103, Bluewaters Residences 5

Sold prices and rental history: sold 4 times, last in June 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 6.48M1 June 2023
Current rentAED 141K /yr6 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Bluewaters Residences 5

What is 103 worth today?

Last sold for AED 6,480,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2023SoldReady
AED 6,480,000AED 4,423 per sqft
14 Mar 2023SoldReady
AED 5,800,000AED 3,959 per sqft
6 Oct 2021RentedNew contract
AED 141,312/yr4 months · AED 97 per sqft
11 Apr 2021SoldReady
AED 3,100,000AED 2,116 per sqft
6 Oct 2020RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
2 Mar 2020Sold by developerReady
AED 2,898,000AED 1,978 per sqft
15 Feb 2020RentedNew contract
AED 160,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
2-bed apartment
Size
1,465 sqft
Floor
1st of 6
Parking
G288
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,500 /yr
Last sold
AED 6.48M · June 2023

About 103, Bluewaters Residences 5

103 is a two-bedroom apartment of 1,465 sqft on the 1st floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 1 June 2023 for AED 6,480,000, or AED 4,423 per sqft, 10% above the AED 4,016 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 6 October 2021, is AED 141,312 a year: a gross yield of 2.2% on the 2023 price, before the service charge of about AED 42,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical two-bed in Bluewaters Residences 5
2.5M5M7.5M20192021202320252027Typical sale price by year: 2019 AED 3,379,000; 2020 AED 2,986,000; 2021 AED 3,337,350; 2022 AED 5,500,000; 2023 AED 6,350,000; 2024 AED 7,350,000; 2025 AED 7,800,000; 2026 AED 7,650,000Sold by developer, March 2020: AED 2,898,000 (AED 1,978 per sqft)Sold, April 2021: AED 3,100,000 (AED 2,116 per sqft)Sold, March 2023: AED 5,800,000 (AED 3,959 per sqft)Sold, June 2023: AED 6,480,000 (AED 4,423 per sqft)

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

Rents
Unit 103, each contractTypical two-bed in Bluewaters Residences 5
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 160,000; 2021 AED 210,000; 2022 AED 270,000; 2023 AED 330,000; 2024 AED 430,000; 2025 AED 425,475; 2026 AED 472,500New contract, February 2020: AED 160,000 a yearNew contract, October 2020: AED 140,000 a yearNew contract, October 2021: AED 141,312 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 5, and where 103 sits

All 25 2-beds →

103 last sold in June 2023 at AED 4,423 per sqft, 10% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 4,016). Over the last 12 months two-beds sold for AED 3,875,000 to 10,200,000, around AED 4,584 per sqft, and rent for AED 400,000 to 530,000 a year. 103's AED 141,312 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20266,518,000
27 Mar 202610,200,000
3 Feb 20267,650,000
6 Dec 20253,875,000
4 2-bed sales in the last 12 months

Bluewaters Residences 5

Building

69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 4,667
Typical sale
AED 7.65M
Typical rent
AED 320K /yr
Typical yield
5.5%
Bluewaters Residences 5, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 69 units in Bluewaters Residences 5
Value
1012-bedAED 3.88M · Dec 2025
1021-bedAED 2.45M · Feb 2022
1042-bedAED 2.99M · Mar 2020
1052-bedAED 3.81M · Jul 2019
1062-bedAED 3.87M · Oct 2019
1072-bedAED 3.09M · Nov 2019
1081-bedAED 5.5M · Oct 2024
1–7 of 10

103, Bluewaters Residences 5 in numbers

  • Sold 4 times: first on 2 March 2020 for AED 2,898,000, last on 1 June 2023 for AED 6,480,000 (AED 4,423 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 160,000 to AED 141,312 a year.
  • At AED 141,312 a year the gross yield on the 2023 price is 2.2%, before a service charge of about AED 42,500 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 5 sold for AED 3,875,000–10,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,667 per sqft.

Source: Dubai Land Department. Updated 1 June 2023.

Questions about 103, Bluewaters Residences 5

What did unit 103 last sell for?

AED 6,480,000 on 1 June 2023: AED 4,423 per sqft for 1,465 sqft. The unit has 4 registered sales; the first was AED 2,898,000 in March 2020.

What is the rent for unit 103?

AED 141,312 a year on the contract signed on 6 October 2021. The previous contract, from October 2020, was AED 140,000; the unit has been rented since February 2020.

How big is unit 103?

1,465 sqft (136.1 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 103 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 5 sold for AED 3,875,000 to 10,200,000 in the last 12 months, around AED 4,584 per sqft.

Selling 103? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 103, Bluewaters Residences 5

Starts from the last sale price (AED 6.48M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,480,000
Deposit, UAE resident (20%)
AED 1,296,000
Deposit, non-resident (40%)
AED 2,592,000
Monthly over 25 years at 3.7%
AED 26,512

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