1-bed · 1,179 sqftBluewaters Residences 5, Bluewaters Island · 1st floor · completed 2019

108, Bluewaters Residences 5

Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 5.5M31 October 2024
Current rentAED 110K /yr12 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Bluewaters Residences 5

What is 108 worth today?

Last sold for AED 5,500,000 in 2024

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31 Oct 2024SoldReady
AED 5,500,000AED 4,665 per sqft
24 Oct 2023SoldReady
AED 4,950,000AED 4,198 per sqft
20 Jul 2023SoldReady
AED 4,000,000AED 3,393 per sqft
12 Nov 2021RentedRenewal
AED 110,000/yr12 months · AED 94 per sqft
12 Nov 2020RentedRenewal
AED 110,000/yr12 months · AED 93 per sqft
20 Nov 2019Sold by developerReady
AED 2,734,000AED 2,319 per sqft
12 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 31 October 2024.

Key facts

Type
1-bed apartment
Size
1,179 sqft
Floor
1st of 6
Parking
G285
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 34,200 /yr
Last sold
AED 5.5M · October 2024

About 108, Bluewaters Residences 5

108 is a one-bedroom apartment of 1,179 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 31 October 2024 for AED 5,500,000, or AED 4,665 per sqft, in line with the AED 4,665 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 12 November 2021, is AED 110,000 a year: a gross yield of 2.0% on the 2024 price, before the service charge of about AED 34,200 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical one-bed in Bluewaters Residences 5
2M4M6M2019202120232025Typical sale price by year: 2019 AED 2,408,000; 2021 AED 2,463,500; 2022 AED 3,275,000; 2023 AED 4,950,000; 2024 AED 4,950,000Sold by developer, November 2019: AED 2,734,000 (AED 2,319 per sqft)Sold, July 2023: AED 4,000,000 (AED 3,393 per sqft)Sold, October 2023: AED 4,950,000 (AED 4,198 per sqft)Sold, October 2024: AED 5,500,000 (AED 4,665 per sqft)

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

Rents
Unit 108, each contractTypical one-bed in Bluewaters Residences 5
100K200K300K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 195,000; 2023 AED 240,000; 2024 AED 315,000; 2025 AED 310,000; 2026 AED 300,000New contract, November 2019: AED 120,000 a yearRenewal, November 2020: AED 110,000 a yearRenewal, November 2021: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Residences 5, and where 108 sits

All 20 1-beds →

108 last sold in October 2024 at AED 4,665 per sqft, in line with what one-beds in Bluewaters Residences 5 were fetching at the time (AED 4,665). 108's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20254,800,000
7 Nov 20244,950,000
12 Jun 20243,980,000
21 Dec 20235,000,000
0 1-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
1062-bedAED 3.87M · Oct 2019
1072-bedAED 3.09M · Nov 2019
1–7 of 10

108, Bluewaters Residences 5 in numbers

  • Sold 4 times: first on 20 November 2019 for AED 2,734,000, last on 31 October 2024 for AED 5,500,000 (AED 4,665 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 120,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 2.0%, before a service charge of about AED 34,200 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 31 October 2024.

Questions about 108, Bluewaters Residences 5

What did unit 108 last sell for?

AED 5,500,000 on 31 October 2024: AED 4,665 per sqft for 1,179 sqft. The unit has 4 registered sales; the first was AED 2,734,000 in November 2019.

What is the rent for unit 108?

AED 110,000 a year on the contract renewed on 12 November 2021. The previous contract, from November 2020, was AED 110,000; the unit has been rented since November 2019.

How big is unit 108?

1,179 sqft (109.5 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 108, Bluewaters Residences 5

Starts from the last sale price (AED 5.5M, 31 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

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