2-bed · 1,463 sqftBluewaters Residences 5, Bluewaters Island · 1st floor · completed 2019

109, Bluewaters Residences 5

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 27 November 2024
Last soldAED 6.9M27 November 2024
Current rentAED 280K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Bluewaters Residences 5

What is 109 worth today?

Last sold for AED 6,900,000 in 2024

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27 Nov 2024SoldReady
AED 6,900,000AED 4,715 per sqft
20 Nov 2023SoldReady
AED 6,350,000AED 4,339 per sqft
1 Oct 2023RentedRenewal
AED 280,000/yr12 months · AED 191 per sqft
1 Oct 2022RentedNew contract
AED 280,000/yr12 months · AED 191 per sqft
1 Nov 2021RentedRenewal
AED 148,500/yr12 months · AED 101 per sqft
1 Nov 2020RentedRenewal
AED 135,000/yr12 months · AED 92 per sqft
1 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
7 Oct 2019Sold by developerReady
AED 3,143,000AED 2,148 per sqft

Source: Dubai Land Department. Updated 27 November 2024.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
1st of 6
Parking
B743
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,400 /yr
Last sold
AED 6.9M · November 2024

About 109, Bluewaters Residences 5

109 is a two-bedroom apartment of 1,463 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 27 November 2024 for AED 6,900,000, or AED 4,715 per sqft, in line with the AED 4,715 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 280,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 42,400 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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 3,143,000 (AED 2,148 per sqft)Sold, November 2023: AED 6,350,000 (AED 4,339 per sqft)Sold, November 2024: AED 6,900,000 (AED 4,715 per sqft)

109 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 109, 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, November 2019: AED 140,000 a yearRenewal, November 2020: AED 135,000 a yearRenewal, November 2021: AED 148,500 a yearNew contract, October 2022: AED 280,000 a yearRenewal, October 2023: AED 280,000 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 109 sits

All 25 2-beds →

109 last sold in November 2024 at AED 4,715 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 4,715). 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. 109's AED 280,000 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
1062-bedAED 3.87M · Oct 2019
1072-bedAED 3.09M · Nov 2019
1–7 of 10

109, Bluewaters Residences 5 in numbers

  • Sold 3 times: first on 7 October 2019 for AED 3,143,000, last on 27 November 2024 for AED 6,900,000 (AED 4,715 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 140,000 to AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 42,400 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 27 November 2024.

Questions about 109, Bluewaters Residences 5

What did unit 109 last sell for?

AED 6,900,000 on 27 November 2024: AED 4,715 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 3,143,000 in October 2019.

What is the rent for unit 109?

AED 280,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 280,000; the unit has been rented since November 2019.

How big is unit 109?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 109 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 109, Bluewaters Residences 5

Starts from the last sale price (AED 6.9M, 27 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,900,000
Deposit, UAE resident (20%)
AED 1,380,000
Deposit, non-resident (40%)
AED 2,760,000
Monthly over 25 years at 3.7%
AED 28,230

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