2-bed · 1,595 sqftBluewaters Residences 5, Bluewaters Island · 6th floor · completed 2019

609, Bluewaters Residences 5

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 17 October 2025
Last soldAED 3.51M27 October 2019
Current rentAED 431K /yr17 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Bluewaters Residences 5

What is 609 worth today?

Last sold for AED 3,512,000 in 2019

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17 Oct 2025RentedRenewal
AED 430,950/yr4 months · AED 271 per sqft
17 Oct 2024RentedRenewal
AED 430,000/yr12 months · AED 270 per sqft
17 Oct 2023RentedNew contract
AED 430,000/yr12 months · AED 270 per sqft
27 Oct 2019Sold by developerReady
AED 3,512,000AED 2,201 per sqft

Source: Dubai Land Department. Updated 17 October 2025.

Key facts

Type
2-bed apartment
Size
1,595 sqft
Floor
6th of 6
Parking
B711
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,200 /yr
Last sold
AED 3.51M · October 2019

About 609, Bluewaters Residences 5

609 is a two-bedroom apartment of 1,595 sqft on the 6th 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 October 2019 for AED 3,512,000, or AED 2,201 per sqft, in line with the AED 2,170 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 17 October 2025, is AED 430,950 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 46,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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 3,512,000 (AED 2,201 per sqft)

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

Rents
Unit 609, 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, October 2023: AED 430,000 a yearRenewal, October 2024: AED 430,000 a yearRenewal, October 2025: AED 430,950 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 609 sits

All 25 2-beds →

609 last sold in October 2019 at AED 2,201 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,170). 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. 609's AED 430,950 is in the lower half of that range.

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 6th floor

All 69 units in Bluewaters Residences 5
Value
6013-bedAED 8.85M · Nov 2022
6021-bedAED 3M · Sep 2022
6031-bedAED 5M · Dec 2023
6041-bedAED 2.36M · Nov 2021
6051-bedAED 3.5M · Jul 2022
6062-bedAED 3.71M · Nov 2019
6074-bedAED 22.9M · Jun 2024
1–7 of 10

609, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 27 October 2019 for AED 3,512,000, or AED 2,201 per sqft.
  • Rented since October 2023 on 3 Ejari contracts, from AED 430,000 to AED 430,950 a year.
  • At AED 430,950 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 46,200 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 17 October 2025.

Questions about 609, Bluewaters Residences 5

What did unit 609 last sell for?

AED 3,512,000 on 27 October 2019, sold by the developer: AED 2,201 per sqft for 1,595 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 430,950 a year on the contract renewed on 17 October 2025. The previous contract, from October 2024, was AED 430,000; the unit has been rented since October 2023.

How big is unit 609?

1,595 sqft (148.2 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.

What is unit 609 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 609, Bluewaters Residences 5

Starts from the last sale price (AED 3.51M, 27 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,512,000
Deposit, UAE resident (20%)
AED 702,400
Deposit, non-resident (40%)
AED 1,404,800
Monthly over 25 years at 3.7%
AED 14,369

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