1-bed · 1,133 sqftBluewaters Residences 5, Bluewaters Island · 4th floor · completed 2019

405, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in January 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 4.8M9 January 2025
Current rentAED 360K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Bluewaters Residences 5

What is 405 worth today?

Last sold for AED 4,800,000 in 2025

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1 Mar 2026RentedNew contract
AED 360,000/yr12 months · AED 318 per sqft
9 Jan 2025SoldReady
AED 4,800,000AED 4,236 per sqft
30 Jan 2023RentedNew contract
AED 230,000/yr12 months · AED 204 per sqft
5 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
28 Oct 2019Sold by developerReady
AED 2,453,000AED 2,165 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
1,133 sqft
Floor
4th of 6
Parking
G275
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 32,800 /yr
Last sold
AED 4.8M · January 2025

About 405, Bluewaters Residences 5

405 is a one-bedroom apartment of 1,133 sqft on the 4th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 9 January 2025 for AED 4,800,000, or AED 4,236 per sqft, 6% below the AED 4,493 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 March 2026, is AED 360,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 32,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Bluewaters Residences 5
2M4M2019202120232025Typical sale price by year: 2019 AED 2,408,000; 2021 AED 2,463,500; 2022 AED 3,275,000; 2023 AED 4,950,000; 2024 AED 4,950,000Sold by developer, October 2019: AED 2,453,000 (AED 2,165 per sqft)Sold, January 2025: AED 4,800,000 (AED 4,236 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Bluewaters Residences 5
200K400K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 195,000; 2023 AED 240,000; 2024 AED 315,000; 2025 AED 310,000; 2026 AED 300,000New contract, November 2020: AED 110,000 a yearNew contract, January 2023: AED 230,000 a yearNew contract, March 2026: AED 360,000 a year

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

1-beds in Bluewaters Residences 5, and where 405 sits

All 20 1-beds →

405 last sold in January 2025 at AED 4,236 per sqft, 6% below what one-beds in Bluewaters Residences 5 were fetching at the time (AED 4,493). 405's AED 360,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Nov 20244,950,000
31 Oct 20245,500,000
12 Jun 20243,980,000
21 Dec 20235,000,000
0 1-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 4th floor

All 69 units in Bluewaters Residences 5
Value
4013-bedAED 4.19M · Mar 2020
4021-bedAED 2.5M · Feb 2021
4031-bedAED 3.2M · Aug 2022
4041-bedAED 3.5M · Jul 2022
4062-bedAED 3.68M · Nov 2019
4074-bedAED 9.8M · Mar 2022
4083-bedAED 15.5M · Jun 2024
1–7 of 10

405, Bluewaters Residences 5 in numbers

  • Sold twice: first on 28 October 2019 for AED 2,453,000, last on 9 January 2025 for AED 4,800,000 (AED 4,236 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 110,000 to AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 32,800 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 405, Bluewaters Residences 5

What did unit 405 last sell for?

AED 4,800,000 on 9 January 2025: AED 4,236 per sqft for 1,133 sqft. The unit has 2 registered sales; the first was AED 2,453,000 in October 2019.

What is the rent for unit 405?

AED 360,000 a year on the contract signed on 1 March 2026. The previous contract, from January 2023, was AED 230,000; the unit has been rented since November 2020.

How big is unit 405?

1,133 sqft (105.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 405 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 405, Bluewaters Residences 5

Starts from the last sale price (AED 4.8M, 9 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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