204, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Bluewaters Residences 5
What is 204 worth today?
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Source: Dubai Land Department. Updated 3 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,372 sqft
- Floor
- 2nd of 6
- Parking
- G292
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 39,800 /yr
- Last sold
- AED 2.83M · October 2019
- Building
- Bluewaters Residences 5
About 204, Bluewaters Residences 5
204 is a two-bedroom apartment of 1,372 sqft on the 2nd floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 14 October 2019 for AED 2,833,000, or AED 2,065 per sqft, 4% below the AED 2,148 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 3 April 2026, is AED 25,000 a year: a gross yield of 0.9% on the 2019 price, before the service charge of about AED 39,800 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the two-bed median of each year in the building.
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 204 sits
All 25 2-beds →204 last sold in October 2019 at AED 2,065 per sqft, 4% below what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,148). 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. 204's AED 25,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 1,448 sqft | 6,518,000 | 4,500 | ||
| 27 Mar 202627 March 2026 | 1,448 sqft | 10,200,000 | 7,042 | ||
| 3 Feb 20263 February 2026 | 1,639 sqft | 7,650,000 | 4,667 | ||
| 6 Dec 20256 December 2025 | 966 sqft | 3,875,000 | 4,010 |
Bluewaters Residences 5
Building69 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%
Other units on the 2nd floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 2,126 sqft | AED 7MAED 7,000,000 · Sep 2022September 2022 | 230,000 /yr | |
| 202 | 1-bed | 820 sqft | AED 3.98MAED 3,980,000 · Jun 2024June 2024 | 220,000 /yr | |
| 203 | 2-bed | 1,352 sqft | AED 2.82MAED 2,820,000 · May 2020May 2020 | 270,000 /yr | |
| 205 | 2-bed | 1,639 sqft | AED 7.65MAED 7,650,000 · Feb 2026February 2026 | 250,000 /yr | |
| 206 | 4-bed | 2,462 sqft | AED 12.63MAED 12,625,000 · Aug 2022August 2022 | 500,000 /yr | |
| 207 | 3-bed | 2,036 sqft | AED 4.61MAED 4,608,000 · Oct 2019October 2019 | ||
| 208 | 2-bed | 1,597 sqft | AED 3.45MAED 3,445,000 · Nov 2019November 2019 | 400,000 /yr | |
| 209 | 2-bed | 1,341 sqft | AED 5.2MAED 5,200,000 · Feb 2023February 2023 | 330,000 /yr | |
| 210 | 3-bed | 1,832 sqft | AED 4.7MAED 4,700,000 · Jan 2022January 2022 | 500,000 /yr |
204, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 14 October 2019 for AED 2,833,000, or AED 2,065 per sqft.
- Rented since November 2021 on 5 Ejari contracts, from AED 250,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2019 price is 0.9%, before a service charge of about AED 39,800 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 3 April 2026.
Questions about 204, Bluewaters Residences 5
What did unit 204 last sell for?
AED 2,833,000 on 14 October 2019, sold by the developer: AED 2,065 per sqft for 1,372 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 25,000 a year on the contract signed on 3 April 2026. The previous contract, from November 2025, was AED 135,000; the unit has been rented since November 2021.
How big is unit 204?
1,372 sqft (127.5 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.
What is unit 204 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 204, Bluewaters Residences 5
Starts from the last sale price (AED 2.83M, 14 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,833,000
- Deposit, UAE resident (20%)
- AED 566,600
- Deposit, non-resident (40%)
- AED 1,133,200
- Monthly over 25 years at 3.7%
- AED 11,591
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →