2-bed · 798 sqftBluewaters Residences 5, Bluewaters Island · 5th floor · completed 2019

509, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in May 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 May 2021
Last soldAED 3.83M6 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Bluewaters Residences 5

What is 509 worth today?

Last sold for AED 3,825,000 in 2021

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6 May 2021SoldReady
AED 3,825,000AED 2,398 per sqft
14 Oct 2019Sold by developerReady
AED 3,497,000AED 2,192 per sqft

Source: Dubai Land Department. Updated 6 May 2021.

Key facts

Type
2-bed apartment
Size
798 sqft
Floor
5th of 6
Parking
B479
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 23,100 /yr
Last sold
AED 3.83M · May 2021

About 509, Bluewaters Residences 5

509 is a two-bedroom apartment of 798 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 6 May 2021 for AED 3,825,000, or AED 2,398 per sqft, 13% above the AED 2,116 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in Bluewaters Residences 5
2.5M5M7.5M20192021202320252027Typical 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, October 2019: AED 3,497,000 (AED 2,192 per sqft)Sold, May 2021: AED 3,825,000 (AED 2,398 per sqft)

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

Rents
Unit 509, 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 509 sits

All 25 2-beds →

509 last sold in May 2021 at AED 2,398 per sqft, 13% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,116). 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
5062-bedAED 10M · Nov 2025
5074-bedAED 19.4M · Nov 2025
1–7 of 10

509, Bluewaters Residences 5 in numbers

  • Sold twice: first on 14 October 2019 for AED 3,497,000, last on 6 May 2021 for AED 3,825,000 (AED 2,398 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 6 May 2021.

Questions about 509, Bluewaters Residences 5

What did unit 509 last sell for?

AED 3,825,000 on 6 May 2021: AED 2,398 per sqft for 798 sqft. The unit has 2 registered sales; the first was AED 3,497,000 in October 2019.

How big is unit 509?

798 sqft (74.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 509 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 509, Bluewaters Residences 5

Starts from the last sale price (AED 3.83M, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,825,000
Deposit, UAE resident (20%)
AED 765,000
Deposit, non-resident (40%)
AED 1,530,000
Monthly over 25 years at 3.7%
AED 15,649

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