2-bed · 1,948 sqftBluewaters Residences 5, Bluewaters Island · 1st floor · completed 2019

111, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in April 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 14 April 2022
Last soldAED 4.5M14 April 2022
Current rentAED 168K /yr22 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Bluewaters Residences 5

What is 111 worth today?

Last sold for AED 4,500,000 in 2022

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14 Apr 2022SoldReady
AED 4,500,000AED 2,309 per sqft
22 Aug 2021RentedRenewal
AED 168,000/yr12 months · AED 86 per sqft
22 Jul 2020RentedNew contract
AED 160,000/yr13 months · AED 82 per sqft
1 Mar 2020Sold by developerReady
AED 3,773,000AED 1,936 per sqft

Source: Dubai Land Department. Updated 14 April 2022.

Key facts

Type
2-bed apartment
Size
1,948 sqft
Floor
1st of 6
Parking
G286
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 56,500 /yr
Last sold
AED 4.5M · April 2022

About 111, Bluewaters Residences 5

111 is a two-bedroom apartment of 1,948 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 14 April 2022 for AED 4,500,000, or AED 2,309 per sqft, 26% below the AED 3,106 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 22 August 2021, is AED 168,000 a year: a gross yield of 3.7% on the 2022 price, before the service charge of about AED 56,500 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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 3,773,000 (AED 1,936 per sqft)Sold, April 2022: AED 4,500,000 (AED 2,309 per sqft)

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

Rents
Unit 111, 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, July 2020: AED 160,000 a yearRenewal, August 2021: AED 168,000 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 111 sits

All 25 2-beds →

111 last sold in April 2022 at AED 2,309 per sqft, 26% below what two-beds in Bluewaters Residences 5 were fetching at the time (AED 3,106). 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. 111's AED 168,000 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

111, Bluewaters Residences 5 in numbers

  • Sold twice: first on 1 March 2020 for AED 3,773,000, last on 14 April 2022 for AED 4,500,000 (AED 2,309 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 160,000 to AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2022 price is 3.7%, before a service charge of about AED 56,500 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 14 April 2022.

Questions about 111, Bluewaters Residences 5

What did unit 111 last sell for?

AED 4,500,000 on 14 April 2022: AED 2,309 per sqft for 1,948 sqft. The unit has 2 registered sales; the first was AED 3,773,000 in March 2020.

What is the rent for unit 111?

AED 168,000 a year on the contract renewed on 22 August 2021. The previous contract, from July 2020, was AED 160,000.

How big is unit 111?

1,948 sqft (181.0 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2019.

What is unit 111 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 111, Bluewaters Residences 5

Starts from the last sale price (AED 4.5M, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

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