2-bed · 1,448 sqftBluewaters Residences 5, Bluewaters Island · 5th floor · completed 2019

510, Bluewaters Residences 5

Sold prices and rental history: sold 3 times, last in June 2026, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 24 June 2026
Last soldAED 6.52M24 June 2026
Current rentAED 170K /yr24 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Bluewaters Residences 5

What is 510 worth today?

Last sold for AED 6,518,000 in 2026

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24 Jun 2026SoldReady
AED 6,518,000AED 4,500 per sqft
16 Dec 2021SoldReady
AED 4,000,000AED 2,761 per sqft
24 Jul 2021RentedRenewal
AED 170,000/yr12 months · AED 117 per sqft
24 Jul 2020RentedNew contract
AED 150,000/yr12 months · AED 103 per sqft
22 Jul 2019RentedNew contract
AED 180,000/yr12 months · AED 124 per sqft
15 Jul 2019Sold by developerReady
AED 3,364,000AED 2,322 per sqft

Source: Dubai Land Department. Updated 24 June 2026.

Key facts

Type
2-bed apartment
Size
1,448 sqft
Floor
5th of 6
Parking
G299
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,000 /yr
Last sold
AED 6.52M · June 2026

About 510, Bluewaters Residences 5

510 is a two-bedroom apartment of 1,448 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 24 June 2026 for AED 6,518,000, or AED 4,500 per sqft, 9% below the AED 4,940 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 24 July 2021, is AED 170,000 a year: a gross yield of 2.6% on the 2026 price, before the service charge of about AED 42,000 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, July 2019: AED 3,364,000 (AED 2,322 per sqft)Sold, December 2021: AED 4,000,000 (AED 2,761 per sqft)Sold, June 2026: AED 6,518,000 (AED 4,500 per sqft)

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

Rents
Unit 510, 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 472,500New contract, July 2019: AED 180,000 a yearNew contract, July 2020: AED 150,000 a yearRenewal, July 2021: AED 170,000 a year

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 510 sits

All 25 2-beds →

510 last sold in June 2026 at AED 4,500 per sqft, 9% below what two-beds in Bluewaters Residences 5 were fetching at the time (AED 4,940). 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. 510's AED 170,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Mar 202610,200,000
3 Feb 20267,650,000
6 Dec 20253,875,000
7 Nov 202510,000,000
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

510, Bluewaters Residences 5 in numbers

  • Sold 3 times: first on 15 July 2019 for AED 3,364,000, last on 24 June 2026 for AED 6,518,000 (AED 4,500 per sqft).
  • Rented since July 2019 on 3 Ejari contracts. The rent fell from AED 180,000 to AED 150,000 in 2020 and recovered to AED 170,000 by July 2021.
  • At AED 170,000 a year the gross yield on the 2026 price is 2.6%, before a service charge of about AED 42,000 a year (AED 28.99 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 24 June 2026.

Questions about 510, Bluewaters Residences 5

What did unit 510 last sell for?

AED 6,518,000 on 24 June 2026: AED 4,500 per sqft for 1,448 sqft. The unit has 3 registered sales; the first was AED 3,364,000 in July 2019.

What is the rent for unit 510?

AED 170,000 a year on the contract renewed on 24 July 2021. The previous contract, from July 2020, was AED 150,000; the unit has been rented since July 2019.

How big is unit 510?

1,448 sqft (134.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 510 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 510, Bluewaters Residences 5

Starts from the last sale price (AED 6.52M, 24 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 6,518,000
Deposit, UAE resident (20%)
AED 1,303,600
Deposit, non-resident (40%)
AED 2,607,200
Monthly over 25 years at 3.7%
AED 26,667

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