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

505, Bluewaters Residences 5

Sold prices and rental history: sold once, by the developer in November 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 27 November 2019
Last soldAED 2.48M27 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 5

What is 505 worth today?

Last sold for AED 2,476,000 in 2019

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27 Nov 2019Sold by developerReady
AED 2,476,000AED 2,185 per sqft

Source: Dubai Land Department. Updated 27 November 2019.

Key facts

Type
1-bed apartment
Size
1,133 sqft
Floor
5th of 6
Parking
B745
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 32,800 /yr
Last sold
AED 2.48M · November 2019

About 505, Bluewaters Residences 5

505 is a one-bedroom apartment of 1,133 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 27 November 2019 for AED 2,476,000, or AED 2,185 per sqft, 4% above the AED 2,108 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, 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, November 2019: AED 2,476,000 (AED 2,185 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 5
100K200K300K20192021202320252027Typical 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 300,000

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 505 sits

All 20 1-beds →

505 last sold in November 2019 at AED 2,185 per sqft, 4% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,108).

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20254,800,000
7 Nov 20244,950,000
31 Oct 20245,500,000
12 Jun 20243,980,000
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 5th floor

All 69 units in Bluewaters Residences 5
Value
5013-bedAED 10.25M · Dec 2025
5021-bedAED 2.51M · Nov 2019
5031-bedAED 2.38M · Nov 2019
5041-bedAED 5.1M · Mar 2023
5062-bedAED 10M · Nov 2025
5074-bedAED 19.4M · Nov 2025
5083-bedAED 4.7M · Sep 2019
1–7 of 10

505, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 27 November 2019 for AED 2,476,000, or AED 2,185 per sqft.

Source: Dubai Land Department. Updated 27 November 2019.

Questions about 505, Bluewaters Residences 5

What did unit 505 last sell for?

AED 2,476,000 on 27 November 2019, sold by the developer: AED 2,185 per sqft for 1,133 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,133 sqft (105.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 505 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 505, Bluewaters Residences 5

Starts from the last sale price (AED 2.48M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,476,000
Deposit, UAE resident (20%)
AED 495,200
Deposit, non-resident (40%)
AED 990,400
Monthly over 25 years at 3.7%
AED 10,130

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