3-bed · 2,126 sqftBluewaters Residences 5, Bluewaters Island · 2nd floor · completed 2019

201, Bluewaters Residences 5

Sold prices and rental history: sold 3 times, last in September 2022, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 8 September 2022
Last soldAED 7M8 September 2022
Current rentAED 230K /yr1 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Bluewaters Residences 5

What is 201 worth today?

Last sold for AED 7,000,000 in 2022

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8 Sep 2022SoldReady
AED 7,000,000AED 3,292 per sqft
17 Jun 2022SoldReady
AED 4,500,000AED 2,116 per sqft
1 Feb 2021RentedNew contract
AED 230,000/yr12 months · AED 108 per sqft
16 Apr 2020Sold by developerReady
AED 4,154,000AED 1,954 per sqft

Source: Dubai Land Department. Updated 8 September 2022.

Key facts

Type
3-bed apartment
Size
2,126 sqft
Floor
2nd of 6
Parking
G364, G365
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,600 /yr
Last sold
AED 7M · September 2022

About 201, Bluewaters Residences 5

201 is a three-bedroom apartment of 2,126 sqft on the 2nd floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 8 September 2022 for AED 7,000,000, or AED 3,292 per sqft, in line with the AED 3,292 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2021. The current contract, signed on 1 February 2021, is AED 230,000 a year: a gross yield of 3.3% on the 2022 price, before the service charge of about AED 61,600 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical three-bed in Bluewaters Residences 5
4M6M201920212023Typical sale price by year: 2019 AED 4,517,000; 2020 AED 4,184,000; 2022 AED 7,240,000Sold by developer, April 2020: AED 4,154,000 (AED 1,954 per sqft)Sold, June 2022: AED 4,500,000 (AED 2,116 per sqft)Sold, September 2022: AED 7,000,000 (AED 3,292 per sqft)

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

Rents
Unit 201, each contractTypical three-bed in Bluewaters Residences 5
200K400K600K2020202220242026Typical rent by year: 2020 AED 200,000; 2021 AED 228,000; 2022 AED 550,000; 2024 AED 550,000; 2025 AED 550,000; 2026 AED 503,182New contract, February 2021: AED 230,000 a year

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

3-beds in Bluewaters Residences 5, and where 201 sits

All 15 3-beds →

201 last sold in September 2022 at AED 3,292 per sqft, in line with what three-beds in Bluewaters Residences 5 were fetching at the time (AED 3,292). Over the last 12 months three-beds sold for AED 10,250,000, around AED 4,812 per sqft, and rent for AED 120,000 to 650,000 a year. 201's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Dec 202510,250,000
21 Jun 202415,500,000
30 Nov 202312,200,000
29 Nov 20228,850,000
1 3-bed sale 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 2nd floor

All 69 units in Bluewaters Residences 5
Value
2021-bedAED 3.98M · Jun 2024
2032-bedAED 2.82M · May 2020
2042-bedAED 2.83M · Oct 2019
2052-bedAED 7.65M · Feb 2026
2064-bedAED 12.63M · Aug 2022
2073-bedAED 4.61M · Oct 2019
2082-bedAED 3.45M · Nov 2019
1–7 of 9

201, Bluewaters Residences 5 in numbers

  • Sold 3 times: first on 16 April 2020 for AED 4,154,000, last on 8 September 2022 for AED 7,000,000 (AED 3,292 per sqft).
  • Rented since February 2021 on one Ejari contract, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 3.3%, before a service charge of about AED 61,600 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 5 sold for AED 10,250,000–10,250,000 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 8 September 2022.

Questions about 201, Bluewaters Residences 5

What did unit 201 last sell for?

AED 7,000,000 on 8 September 2022: AED 3,292 per sqft for 2,126 sqft. The unit has 3 registered sales; the first was AED 4,154,000 in April 2020.

What is the rent for unit 201?

AED 230,000 a year on the contract signed on 1 February 2021.

How big is unit 201?

2,126 sqft (197.5 sqm): a three-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 5 sold for AED 10,250,000 to 10,250,000 in the last 12 months, around AED 4,812 per sqft.

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Mortgage on 201, Bluewaters Residences 5

Starts from the last sale price (AED 7M, 8 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,000,000
Deposit, UAE resident (20%)
AED 1,400,000
Deposit, non-resident (40%)
AED 2,800,000
Monthly over 25 years at 3.7%
AED 28,639

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