502, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Bluewaters Residences 5
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,310 sqft
- Floor
- 5th of 6
- Parking
- G291
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 38,000 /yr
- Last sold
- AED 2.51M · November 2019
- Building
- Bluewaters Residences 5
About 502, Bluewaters Residences 5
502 is a one-bedroom apartment of 1,310 sqft on the 5th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 13 November 2019 for AED 2,511,000, or AED 1,916 per sqft, 9% below the AED 2,095 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 20 August 2025, is AED 300,000 a year: a gross yield of 11.9% on the 2019 price, before the service charge of about AED 38,000 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 20 1-beds →502 last sold in November 2019 at AED 1,916 per sqft, 9% below what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,095). 502's AED 300,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,133 sqft | 4,800,000 | 4,236 | ||
| 7 Nov 20247 November 2024 | 1,146 sqft | 4,950,000 | 4,320 | ||
| 31 Oct 202431 October 2024 | 1,179 sqft | 5,500,000 | 4,665 | ||
| 12 Jun 202412 June 2024 | 820 sqft | 3,980,000 | 4,855 |
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 5th floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,130 sqft | AED 10.25MAED 10,250,000 · Dec 2025December 2025 | ||
| 503 | 1-bed | 1,119 sqft | AED 2.38MAED 2,378,000 · Nov 2019November 2019 | 280,000 /yr | |
| 504 | 1-bed | 1,138 sqft | AED 5.1MAED 5,100,000 · Mar 2023March 2023 | 240,000 /yr | |
| 505 | 1-bed | 1,133 sqft | AED 2.48MAED 2,476,000 · Nov 2019November 2019 | ||
| 506 | 2-bed | 1,641 sqft | AED 10MAED 10,000,000 · Nov 2025November 2025 | ||
| 507 | 4-bed | 2,459 sqft | AED 19.4MAED 19,400,000 · Nov 2025November 2025 | 900,000 /yr | |
| 508 | 3-bed | 2,033 sqft | AED 4.7MAED 4,698,000 · Sep 2019September 2019 | ||
| 509 | 2-bed | 798 sqft | AED 3.83MAED 3,825,000 · May 2021May 2021 | ||
| 510 | 2-bed | 1,448 sqft | AED 6.52MAED 6,518,000 · Jun 2026June 2026 | 170,000 /yr | |
| 511 | 3-bed | 2,022 sqft | AED 5.35MAED 5,350,000 · Oct 2021October 2021 | 240,000 /yr |
502, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 13 November 2019 for AED 2,511,000, or AED 1,916 per sqft.
- Rented since August 2022 on 2 Ejari contracts, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2019 price is 11.9%, before a service charge of about AED 38,000 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 20 August 2025.
Questions about 502, Bluewaters Residences 5
What did unit 502 last sell for?
AED 2,511,000 on 13 November 2019, sold by the developer: AED 1,916 per sqft for 1,310 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 300,000 a year on the contract signed on 20 August 2025. The previous contract, from August 2022, was AED 300,000.
How big is unit 502?
1,310 sqft (121.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 502 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 502, Bluewaters Residences 5
Starts from the last sale price (AED 2.51M, 13 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,511,000
- Deposit, UAE resident (20%)
- AED 502,200
- Deposit, non-resident (40%)
- AED 1,004,400
- Monthly over 25 years at 3.7%
- AED 10,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →