2-bed · 1,597 sqftBluewaters Residences 5, Bluewaters Island · 2nd floor · completed 2019

208, Bluewaters Residences 5

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 3.45M10 November 2019
Current rentAED 400K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Bluewaters Residences 5

What is 208 worth today?

Last sold for AED 3,445,000 in 2019

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1 May 2026RentedNew contract
AED 400,000/yr12 months · AED 251 per sqft
1 Feb 2024RentedNew contract
AED 475,000/yr12 months · AED 298 per sqft
21 Oct 2022RentedNew contract
AED 450,000/yr12 months · AED 282 per sqft
15 Oct 2021RentedNew contract
AED 315,000/yr12 months · AED 198 per sqft
10 Nov 2019Sold by developerReady
AED 3,445,000AED 2,157 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
1,597 sqft
Floor
2nd of 6
Parking
G284
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,300 /yr
Last sold
AED 3.45M · November 2019

About 208, Bluewaters Residences 5

208 is a two-bedroom apartment of 1,597 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 10 November 2019 for AED 3,445,000, or AED 2,157 per sqft, in line with the AED 2,192 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 May 2026, is AED 400,000 a year: a gross yield of 11.6% on the 2019 price, before the service charge of about AED 46,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, November 2019: AED 3,445,000 (AED 2,157 per sqft)

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

Rents
Unit 208, 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, October 2021: AED 315,000 a yearNew contract, October 2022: AED 450,000 a yearNew contract, February 2024: AED 475,000 a yearNew contract, May 2026: AED 400,000 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 208 sits

All 25 2-beds →

208 last sold in November 2019 at AED 2,157 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,192). 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. 208's AED 400,000 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 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
2064-bedAED 12.63M · Aug 2022
2073-bedAED 4.61M · Oct 2019
1–7 of 9

208, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 10 November 2019 for AED 3,445,000, or AED 2,157 per sqft.
  • Rented since October 2021 on 4 Ejari contracts, from AED 315,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2019 price is 11.6%, before a service charge of about AED 46,300 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 1 May 2026.

Questions about 208, Bluewaters Residences 5

What did unit 208 last sell for?

AED 3,445,000 on 10 November 2019, sold by the developer: AED 2,157 per sqft for 1,597 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 400,000 a year on the contract signed on 1 May 2026. The previous contract, from February 2024, was AED 475,000; the unit has been rented since October 2021.

How big is unit 208?

1,597 sqft (148.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 208 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 208, Bluewaters Residences 5

Starts from the last sale price (AED 3.45M, 10 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,445,000
Deposit, UAE resident (20%)
AED 689,000
Deposit, non-resident (40%)
AED 1,378,000
Monthly over 25 years at 3.7%
AED 14,095

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