1-bed · 1,154 sqftBluewaters Residences 7, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 7

Sold prices and rental history: sold 3 times, last in February 2026, 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 17 February 2026
Last soldAED 4.55M17 February 2026
Current rentAED 300K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 7

What is 505 worth today?

Last sold for AED 4,550,000 in 2026

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17 Feb 2026SoldReady
AED 4,550,000AED 3,942 per sqft
5 Nov 2024RentedRenewal
AED 300,000/yr12 months · AED 260 per sqft
5 Nov 2024RentedRenewal
AED 300,000/yr12 months · AED 260 per sqft
5 Nov 2022RentedNew contract
AED 300,000/yr12 months · AED 260 per sqft
19 Sep 2022SoldReady
AED 3,500,000AED 3,032 per sqft
11 Jun 2021RentedRenewal
AED 110,000/yr12 months · AED 95 per sqft
11 Jun 2020RentedNew contract
AED 110,000/yr12 months · AED 95 per sqft
10 Sep 2019RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft

Source: Dubai Land Department. Updated 17 February 2026.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
5th of 15
Parking
G347
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,500 /yr
Last sold
AED 4.55M · February 2026

About 505, Bluewaters Residences 7

505 is a one-bedroom apartment of 1,154 sqft on the 5th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 17 February 2026 for AED 4,550,000, or AED 3,942 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 300,000 a year: a gross yield of 6.6% on the 2026 price, before the service charge of about AED 33,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Bluewaters Residences 7
2M4M201820212024Typical sale price by year: 2018 AED 2,360,275; 2019 AED 2,611,531; 2022 AED 3,500,000; 2023 AED 4,850,000Sold by developer, July 2018: AED 2,315,150 (AED 2,005 per sqft)Sold, September 2022: AED 3,500,000 (AED 3,032 per sqft)Sold, February 2026: AED 4,550,000 (AED 3,942 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 7
100K200K300K20192021202320252027Typical rent by year: 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 168,138; 2023 AED 320,000; 2024 AED 300,000; 2025 AED 300,000; 2026 AED 320,000New contract, September 2019: AED 120,000 a yearNew contract, June 2020: AED 110,000 a yearRenewal, June 2021: AED 110,000 a yearNew contract, November 2022: AED 300,000 a yearRenewal, November 2024: AED 300,000 a yearRenewal, November 2024: AED 300,000 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 7, and where 505 sits

All 12 1-beds →

Over the last 12 months one-beds sold for AED 4,500,000 to 5,750,000, around AED 3,942 per sqft, and rent for AED 225,000 to 366,000 a year. 505's AED 300,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Mar 20265,750,000
18 Dec 20254,500,000
13 Aug 20245,000,000
18 Dec 20234,700,000
3 1-bed sales in the last 12 months

Bluewaters Residences 7

Building

77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 4,982 Down 6.0%
Typical sale
AED 9.32M
Typical rent
AED 366K /yr
Typical yield
5.3%
Bluewaters Residences 7, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 77 units in Bluewaters Residences 7
Value
5013-bedAED 9.5M · Dec 2022
5022-bedAED 3.71M · Oct 2019
5033-bedAED 4.65M · Nov 2019
5043-bedAED 4.2M · May 2021
5062-bedAED 3.54M · Oct 2019

505, Bluewaters Residences 7 in numbers

  • Sold 3 times: first on 31 July 2018 for AED 2,315,150, last on 17 February 2026 for AED 4,550,000 (AED 3,942 per sqft).
  • Rented since September 2019 on 6 Ejari contracts, from AED 120,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2026 price is 6.6%, before a service charge of about AED 33,500 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 7 sold for AED 4,500,000–5,750,000 in the 12 months to November 2026; the building's median across all types is AED 4,982 per sqft.

Source: Dubai Land Department. Updated 17 February 2026.

Questions about 505, Bluewaters Residences 7

What did unit 505 last sell for?

AED 4,550,000 on 17 February 2026: AED 3,942 per sqft for 1,154 sqft. The unit has 3 registered sales; the first was AED 2,315,150 in July 2018.

What is the rent for unit 505?

AED 300,000 a year on the contract renewed on 5 November 2024. The previous contract, from November 2024, was AED 300,000; the unit has been rented since September 2019.

How big is unit 505?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 5th floor of a 15-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 7 sold for AED 4,500,000 to 5,750,000 in the last 12 months, around AED 3,942 per sqft.

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Mortgage on 505, Bluewaters Residences 7

Starts from the last sale price (AED 4.55M, 17 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

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