TH 16, Bluewaters Residences 5
Sold prices and rental history: sold 3 times, last in August 2024, and rented once, from December 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH 16, Bluewaters Residences 5
What is TH 16 worth today?
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Source: Dubai Land Department. Updated 5 August 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 6,468 sqft
- Floor
- Ground of 6
- Parking
- G354, G355, G359
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 187,500 /yr
- Last sold
- AED 21M · August 2024
- Building
- Bluewaters Residences 5
About TH 16, Bluewaters Residences 5
TH 16 is a four-bedroom apartment of 6,468 sqft on the ground floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 5 August 2024 for AED 21,000,000, or AED 3,246 per sqft, 45% below the AED 5,919 four-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 December 2022. The current contract, signed on 1 December 2022, is AED 935,220 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 187,500 a year.
Sales and rents for TH 16 over time
TH 16 has sold 3 times; the dashed line is the four-bed median of each year in the building.
4-beds in Bluewaters Residences 5, and where TH 16 sits
All 9 4-beds →TH 16 last sold in August 2024 at AED 3,246 per sqft, 45% below what four-beds in Bluewaters Residences 5 were fetching at the time (AED 5,919).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Nov 20257 November 2025 | 2,459 sqft | 19,400,000 | 7,890 | ||
| 19 Jun 202419 June 2024 | 2,459 sqft | 22,900,000 | 9,313 | ||
| 17 Jan 202417 January 2024 | 6,312 sqft | 29,800,000 | 4,721 | ||
| 1 Nov 20231 November 2023 | 2,459 sqft | 17,500,000 | 7,117 |
Bluewaters Residences 5
Building69 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%
Other units on the ground floor
All 69 units in Bluewaters Residences 5TH 16, Bluewaters Residences 5 in numbers
- Sold 3 times: first on 17 March 2021 for AED 14,273,000, last on 5 August 2024 for AED 21,000,000 (AED 3,246 per sqft).
- Rented since December 2022 on one Ejari contract, at AED 935,220 a year.
- At AED 935,220 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 187,500 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 5 August 2024.
Questions about TH 16, Bluewaters Residences 5
What did unit TH 16 last sell for?
AED 21,000,000 on 5 August 2024: AED 3,246 per sqft for 6,468 sqft. The unit has 3 registered sales; the first was AED 14,273,000 in March 2021.
What is the rent for unit TH 16?
AED 935,220 a year on the contract signed on 1 December 2022.
How big is unit TH 16?
6,468 sqft (600.9 sqm): a four-bedroom apartment on the ground floor of a 6-storey tower completed in 2019.
What is unit TH 16 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 TH 16, Bluewaters Residences 5
Starts from the last sale price (AED 21M, 5 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 21,000,000
- Deposit, UAE resident (20%)
- AED 4,200,000
- Deposit, non-resident (40%)
- AED 8,400,000
- Monthly over 25 years at 3.7%
- AED 85,918
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →