2-bed · 1,503 sqftBluewaters Residences 8, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 19 July 2018
Last soldAED 3.06M19 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 8

What is 505 worth today?

Last sold for AED 3,064,000 in 2018

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19 Jul 2018Sold by developerOff-plan
AED 3,064,000AED 2,038 per sqft

Source: Dubai Land Department. Updated 19 July 2018.

Key facts

Type
2-bed apartment
Size
1,503 sqft
Floor
5th of 16
Parking
B103
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,600 /yr
Last sold
AED 3.06M · July 2018

About 505, Bluewaters Residences 8

505 is a two-bedroom apartment of 1,503 sqft on the 5th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 19 July 2018 for AED 3,064,000, or AED 2,038 per sqft, 19% below the AED 2,514 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical two-bed in Bluewaters Residences 8
5M10M2017202020232026Typical sale price by year: 2017 AED 4,100,500; 2018 AED 3,672,000; 2019 AED 3,479,000; 2020 AED 3,353,055; 2021 AED 3,650,000; 2022 AED 5,400,000; 2023 AED 7,100,000; 2024 AED 7,650,000; 2025 AED 8,000,000; 2026 AED 9,100,000Sold by developer, July 2018: AED 3,064,000 (AED 2,038 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Bluewaters Residences 8
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 162,500; 2021 AED 176,000; 2022 AED 340,000; 2023 AED 380,000; 2024 AED 400,000; 2025 AED 420,000; 2026 AED 458,100

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 8, and where 505 sits

All 55 2-beds →

505 last sold in July 2018 at AED 2,038 per sqft, 19% below what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,514). Over the last 12 months two-beds sold for AED 7,150,000 to 11,300,000, around AED 5,312 per sqft, and rent for AED 130,000 to 520,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20269,100,000
26 Jan 20267,150,000
8 Jan 202611,300,000
25 Nov 202510,000,000
4 2-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.

Typical price per sqft
AED 6,000
Typical sale
AED 11.3M
Typical rent
AED 450K /yr
Typical yield
4.5%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 85 units in Bluewaters Residences 8
Value
5013-bedAED 11.3M · Jun 2025
5022-bedAED 8.7M · Aug 2023
5033-bedAED 5.17M · Nov 2019
5042-bedAED 4.8M · Aug 2022
5062-bedAED 7.9M · Jan 2025

505, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 19 July 2018 for AED 3,064,000, or AED 2,038 per sqft.
  • Two-beds in Bluewaters Residences 8 sold for AED 7,150,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 6,000 per sqft.

Source: Dubai Land Department. Updated 19 July 2018.

Questions about 505, Bluewaters Residences 8

What did unit 505 last sell for?

AED 3,064,000 on 19 July 2018, sold by the developer: AED 2,038 per sqft for 1,503 sqft. It is the only registered sale of the unit.

How big is unit 505?

1,503 sqft (139.6 sqm): a two-bedroom apartment on the 5th floor of a 16-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. Two-beds in Bluewaters Residences 8 sold for AED 7,150,000 to 11,300,000 in the last 12 months, around AED 5,312 per sqft.

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Mortgage on 505, Bluewaters Residences 8

Starts from the last sale price (AED 3.06M, 19 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,064,000
Deposit, UAE resident (20%)
AED 612,800
Deposit, non-resident (40%)
AED 1,225,600
Monthly over 25 years at 3.7%
AED 12,536

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