209, Bluewaters Residences 5
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Bluewaters Residences 5
What is 209 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,341 sqft
- Floor
- 2nd of 6
- Parking
- B741
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 38,900 /yr
- Last sold
- AED 5.2M · February 2023
- Building
- Bluewaters Residences 5
About 209, Bluewaters Residences 5
209 is a two-bedroom apartment of 1,341 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 28 February 2023 for AED 5,200,000, or AED 3,876 per sqft, 8% above the AED 3,597 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 330,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 38,900 a year.
Sales and rents for 209 over time
209 has sold twice; 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 209 sits
All 25 2-beds →209 last sold in February 2023 at AED 3,876 per sqft, 8% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 3,597). 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. 209's AED 330,000 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 | |
| 204 | 2-bed | 1,372 sqft | AED 2.83MAED 2,833,000 · Oct 2019October 2019 | 25,000 /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 | |
| 210 | 3-bed | 1,832 sqft | AED 4.7MAED 4,700,000 · Jan 2022January 2022 | 500,000 /yr |
209, Bluewaters Residences 5 in numbers
- Sold twice: first on 7 November 2019 for AED 3,012,000, last on 28 February 2023 for AED 5,200,000 (AED 3,876 per sqft).
- Rented since November 2019 on 6 Ejari contracts, from AED 142,000 to AED 330,000 a year.
- At AED 330,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 38,900 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 September 2023.
Questions about 209, Bluewaters Residences 5
What did unit 209 last sell for?
AED 5,200,000 on 28 February 2023: AED 3,876 per sqft for 1,341 sqft. The unit has 2 registered sales; the first was AED 3,012,000 in November 2019.
What is the rent for unit 209?
AED 330,000 a year on the contract renewed on 1 September 2023. The previous contract, from August 2022, was AED 250,000; the unit has been rented since November 2019.
How big is unit 209?
1,341 sqft (124.6 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.
What is unit 209 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 209, Bluewaters Residences 5
Starts from the last sale price (AED 5.2M, 28 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,200,000
- Deposit, UAE resident (20%)
- AED 1,040,000
- Deposit, non-resident (40%)
- AED 2,080,000
- Monthly over 25 years at 3.7%
- AED 21,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →