2-bed · 1,846 sqftBluewaters Residences 5, Bluewaters Island · 1st floor · completed 2019

106, Bluewaters Residences 5

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

Unit 106 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 3.87M22 October 2019
Current rentAED 300K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Bluewaters Residences 5

What is 106 worth today?

Last sold for AED 3,871,000 in 2019

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1 Dec 2021RentedNew contract
AED 300,000/yr12 months · AED 162 per sqft
22 Oct 2019Sold by developerReady
AED 3,871,000AED 2,096 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
1,846 sqft
Floor
1st of 6
Parking
B755
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 53,500 /yr
Last sold
AED 3.87M · October 2019

About 106, Bluewaters Residences 5

106 is a two-bedroom apartment of 1,846 sqft on the 1st floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 22 October 2019 for AED 3,871,000, or AED 2,096 per sqft, in line with the AED 2,122 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2021. The current contract, signed on 1 December 2021, is AED 300,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 53,500 a year.

Sales and rents for 106 over time

Sales
Unit 106, 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, October 2019: AED 3,871,000 (AED 2,096 per sqft)

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

Rents
Unit 106, 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, December 2021: AED 300,000 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 5, and where 106 sits

All 25 2-beds →

106 last sold in October 2019 at AED 2,096 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,122). 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. 106's AED 300,000 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
1032-bedAED 6.48M · Jun 2023
1042-bedAED 2.99M · Mar 2020
1052-bedAED 3.81M · Jul 2019
1072-bedAED 3.09M · Nov 2019
1081-bedAED 5.5M · Oct 2024
1–7 of 10

106, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 22 October 2019 for AED 3,871,000, or AED 2,096 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 53,500 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 December 2021.

Questions about 106, Bluewaters Residences 5

What did unit 106 last sell for?

AED 3,871,000 on 22 October 2019, sold by the developer: AED 2,096 per sqft for 1,846 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 300,000 a year on the contract signed on 1 December 2021.

How big is unit 106?

1,846 sqft (171.5 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 106 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.

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Mortgage on 106, Bluewaters Residences 5

Starts from the last sale price (AED 3.87M, 22 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,871,000
Deposit, UAE resident (20%)
AED 774,200
Deposit, non-resident (40%)
AED 1,548,400
Monthly over 25 years at 3.7%
AED 15,837

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