1-bed · 1,154 sqftBluewaters Residences 6, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 6

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 13 July 2026
Last soldAED 2M8 December 2020
Current rentAED 240K /yr13 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 6

What is 505 worth today?

Last sold for AED 2,000,000 in 2020

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13 Jul 2026RentedNew contract
AED 240,000/yr12 months · AED 208 per sqft
17 May 2025RentedNew contract
AED 300,000/yr12 months · AED 260 per sqft
17 May 2025RentedNew contract
AED 300,000/yr12 months · AED 260 per sqft
10 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
8 Dec 2020SoldReady
AED 2,000,000AED 1,733 per sqft
10 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
23 Aug 2017Sold by developerOff-plan
AED 2,421,000AED 2,098 per sqft

Source: Dubai Land Department. Updated 13 July 2026.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
5th of 13
Parking
G370
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,400 /yr
Last sold
AED 2M · December 2020

About 505, Bluewaters Residences 6

505 is a one-bedroom apartment of 1,154 sqft on the 5th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 8 December 2020 for AED 2,000,000, or AED 1,733 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 13 July 2026, is AED 240,000 a year: a gross yield of 12.0% on the 2020 price, before the service charge of about AED 33,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Bluewaters Residences 6
2M4M20172019202120232025Typical sale price by year: 2017 AED 2,421,000; 2018 AED 2,458,000; 2023 AED 5,300,000; 2024 AED 5,000,000Sold by developer, August 2017: AED 2,421,000 (AED 2,098 per sqft)Sold, December 2020: AED 2,000,000 (AED 1,733 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 6
100K200K300K201920222025Typical rent by year: 2019 AED 130,000; 2020 AED 120,000; 2022 AED 180,657; 2024 AED 300,000; 2025 AED 300,000; 2026 AED 250,000New contract, October 2019: AED 120,000 a yearNew contract, December 2020: AED 110,000 a yearNew contract, May 2025: AED 300,000 a yearNew contract, May 2025: AED 300,000 a yearNew contract, July 2026: AED 240,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Residences 6, and where 505 sits

All 11 1-beds →

Over the last 12 months one-beds sold for AED 2,830,000 to 5,800,000, around AED 3,740 per sqft, and rent for AED 240,000 to 370,000 a year. 505's AED 240,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20262,830,000
20 Feb 20265,800,000
29 Apr 20255,400,000
24 Jun 20245,000,000
2 1-bed sales in the last 12 months

Bluewaters Residences 6

Building

67 apartments, 1-bed to 5-bed over 13 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,295
Typical sale
AED 8.87M
Typical rent
AED 422K /yr
Typical yield
4.9%
Bluewaters Residences 6, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 67 units in Bluewaters Residences 6
Value
5013-bedAED 9.9M · May 2023
5022-bedAED 10.5M · Feb 2025
5033-bedAED 4.73M · Aug 2018
5043-bedAED 4.18M · Jul 2019
5062-bedAED 9.2M · May 2024

505, Bluewaters Residences 6 in numbers

  • Sold twice: first on 23 August 2017 for AED 2,421,000, last on 8 December 2020 for AED 2,000,000 (AED 1,733 per sqft).
  • Rented since October 2019 on 5 Ejari contracts, from AED 120,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2020 price is 12.0%, before a service charge of about AED 33,400 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 6 sold for AED 2,830,000–5,800,000 in the 12 months to November 2026; the building's median across all types is AED 5,295 per sqft.

Source: Dubai Land Department. Updated 13 July 2026.

Questions about 505, Bluewaters Residences 6

What did unit 505 last sell for?

AED 2,000,000 on 8 December 2020: AED 1,733 per sqft for 1,154 sqft. The unit has 2 registered sales; the first was AED 2,421,000 in August 2017.

What is the rent for unit 505?

AED 240,000 a year on the contract signed on 13 July 2026. The previous contract, from May 2025, was AED 300,000; the unit has been rented since October 2019.

How big is unit 505?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2019.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 6 sold for AED 2,830,000 to 5,800,000 in the last 12 months, around AED 3,740 per sqft.

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Mortgage on 505, Bluewaters Residences 6

Starts from the last sale price (AED 2M, 8 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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