4-bed · 2,462 sqftBluewaters Residences 5, Bluewaters Island · 2nd floor · completed 2019

206, Bluewaters Residences 5

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

Unit 206 · DLD and Ejari recordsUpdated 3 August 2022
Last soldAED 12.63M3 August 2022
Current rentAED 500K /yr26 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Bluewaters Residences 5

What is 206 worth today?

Last sold for AED 12,625,000 in 2022

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3 Aug 2022SoldReady
AED 12,625,000AED 5,128 per sqft
26 Dec 2021RentedNew contract
AED 500,000/yr12 months · AED 203 per sqft
23 Oct 2019Sold by developerReady
AED 5,583,000AED 2,267 per sqft

Source: Dubai Land Department. Updated 3 August 2022.

Key facts

Type
4-bed apartment
Size
2,462 sqft
Floor
2nd of 6
Parking
B757, B758
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,400 /yr
Last sold
AED 12.63M · August 2022

About 206, Bluewaters Residences 5

206 is a four-bedroom apartment of 2,462 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 3 August 2022 for AED 12,625,000, or AED 5,128 per sqft, 33% above the AED 3,863 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 December 2021. The current contract, signed on 26 December 2021, is AED 500,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 71,400 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical four-bed in Bluewaters Residences 5
10M20M2019202120232025Typical sale price by year: 2019 AED 5,583,000; 2020 AED 13,813,000; 2022 AED 12,625,000; 2024 AED 22,900,000Sold by developer, October 2019: AED 5,583,000 (AED 2,267 per sqft)Sold, August 2022: AED 12,625,000 (AED 5,128 per sqft)

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

4-beds in Bluewaters Residences 5, and where 206 sits

All 9 4-beds →

206 last sold in August 2022 at AED 5,128 per sqft, 33% above what four-beds in Bluewaters Residences 5 were fetching at the time (AED 3,863).

Recent 4-bed salesUnit no.Price (AED)Summary
7 Nov 202519,400,000
5 Aug 202421,000,000
19 Jun 202422,900,000
17 Jan 202429,800,000
0 4-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 2nd floor

All 69 units in Bluewaters Residences 5
Value
2013-bedAED 7M · Sep 2022
2021-bedAED 3.98M · Jun 2024
2032-bedAED 2.82M · May 2020
2042-bedAED 2.83M · Oct 2019
2052-bedAED 7.65M · Feb 2026
2073-bedAED 4.61M · Oct 2019
2082-bedAED 3.45M · Nov 2019
1–7 of 9

206, Bluewaters Residences 5 in numbers

  • Sold twice: first on 23 October 2019 for AED 5,583,000, last on 3 August 2022 for AED 12,625,000 (AED 5,128 per sqft).
  • Rented since December 2021 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 71,400 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 3 August 2022.

Questions about 206, Bluewaters Residences 5

What did unit 206 last sell for?

AED 12,625,000 on 3 August 2022: AED 5,128 per sqft for 2,462 sqft. The unit has 2 registered sales; the first was AED 5,583,000 in October 2019.

What is the rent for unit 206?

AED 500,000 a year on the contract signed on 26 December 2021.

How big is unit 206?

2,462 sqft (228.7 sqm): a four-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 206 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 206, Bluewaters Residences 5

Starts from the last sale price (AED 12.63M, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 12,625,000
Deposit, UAE resident (20%)
AED 2,525,000
Deposit, non-resident (40%)
AED 5,050,000
Monthly over 25 years at 3.7%
AED 51,653

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