2-bed · 1,641 sqftBluewaters Residences 5, Bluewaters Island · 5th floor · completed 2019

506, Bluewaters Residences 5

Sold prices and rental history: sold 3 times, last in November 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 10M7 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Bluewaters Residences 5

What is 506 worth today?

Last sold for AED 10,000,000 in 2025

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7 Nov 2025SoldReady
AED 10,000,000AED 6,093 per sqft
21 May 2025SoldReady
AED 8,050,000AED 4,905 per sqft
3 Feb 2020Sold by developerReady
AED 3,710,000AED 2,260 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
5th of 6
Parking
B478
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 10M · November 2025

About 506, Bluewaters Residences 5

506 is a two-bedroom apartment of 1,641 sqft on the 5th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 7 November 2025 for AED 10,000,000, or AED 6,093 per sqft, 24% above the AED 4,905 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Bluewaters Residences 5
5M10M20192021202320252027Typical 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, February 2020: AED 3,710,000 (AED 2,260 per sqft)Sold, May 2025: AED 8,050,000 (AED 4,905 per sqft)Sold, November 2025: AED 10,000,000 (AED 6,093 per sqft)

506 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506, 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 472,500

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 506 sits

All 25 2-beds →

506 last sold in November 2025 at AED 6,093 per sqft, 24% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 4,905). 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.

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 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
5051-bedAED 2.48M · Nov 2019
5074-bedAED 19.4M · Nov 2025
5083-bedAED 4.7M · Sep 2019
1–7 of 10

506, Bluewaters Residences 5 in numbers

  • Sold 3 times: first on 3 February 2020 for AED 3,710,000, last on 7 November 2025 for AED 10,000,000 (AED 6,093 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 7 November 2025.

Questions about 506, Bluewaters Residences 5

What did unit 506 last sell for?

AED 10,000,000 on 7 November 2025: AED 6,093 per sqft for 1,641 sqft. The unit has 3 registered sales; the first was AED 3,710,000 in February 2020.

How big is unit 506?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 506 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 506, Bluewaters Residences 5

Starts from the last sale price (AED 10M, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 10,000,000
Deposit, UAE resident (20%)
AED 2,000,000
Deposit, non-resident (40%)
AED 4,000,000
Monthly over 25 years at 3.7%
AED 40,913

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