506, Bluewaters Residences 8
Sold prices and rental history: sold 3 times, last in January 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Bluewaters Residences 8
What is 506 worth today?
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Source: Dubai Land Department. Updated 28 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,667 sqft
- Floor
- 5th of 16
- Parking
- B098
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 48,300 /yr
- Last sold
- AED 7.9M · January 2025
- Building
- Bluewaters Residences 8
About 506, Bluewaters Residences 8
506 is a two-bedroom apartment of 1,667 sqft on the 5th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 January 2025 for AED 7,900,000, or AED 4,739 per sqft, in line with the AED 4,739 two-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 July 2020, is AED 170,000 a year: a gross yield of 2.1% on the 2025 price, before the service charge of about AED 48,300 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 55 2-beds →506 last sold in January 2025 at AED 4,739 per sqft, in line with what two-beds in Bluewaters Residences 8 were fetching at the time (AED 4,739). 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. 506's AED 170,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 2,095 sqft | 9,100,000 | 4,343 | ||
| 26 Jan 202626 January 2026 | 1,503 sqft | 7,150,000 | 4,757 | ||
| 8 Jan 20268 January 2026 | 1,604 sqft | 11,300,000 | 7,044 | ||
| 25 Nov 202525 November 2025 | 1,705 sqft | 10,000,000 | 5,866 |
Bluewaters Residences 8
Building85 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%
Other units on the 5th floor
All 85 units in Bluewaters Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,100 sqft | AED 11.3MAED 11,300,000 · Jun 2025June 2025 | 425,000 /yr | |
| 502 | 2-bed | 1,604 sqft | AED 8.7MAED 8,700,000 · Aug 2023August 2023 | 170,000 /yr | |
| 503 | 3-bed | 2,097 sqft | AED 5.17MAED 5,174,000 · Nov 2019November 2019 | 530,000 /yr | |
| 504 | 2-bed | 1,705 sqft | AED 4.8MAED 4,800,000 · Aug 2022August 2022 | 194,666 /yr | |
| 505 | 2-bed | 1,503 sqft | AED 3.06MAED 3,064,000 · Jul 2018July 2018 |
506, Bluewaters Residences 8 in numbers
- Sold 3 times: first on 20 June 2019 for AED 3,482,000, last on 28 January 2025 for AED 7,900,000 (AED 4,739 per sqft).
- Rented since July 2019 on 2 Ejari contracts, from AED 180,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2025 price is 2.1%, before a service charge of about AED 48,300 a year (AED 28.99 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 28 January 2025.
Questions about 506, Bluewaters Residences 8
What did unit 506 last sell for?
AED 7,900,000 on 28 January 2025: AED 4,739 per sqft for 1,667 sqft. The unit has 3 registered sales; the first was AED 3,482,000 in June 2019.
What is the rent for unit 506?
AED 170,000 a year on the contract renewed on 1 July 2020. The previous contract, from July 2019, was AED 180,000.
How big is unit 506?
1,667 sqft (154.9 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2019.
What is unit 506 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 506, Bluewaters Residences 8
Starts from the last sale price (AED 7.9M, 28 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 7,900,000
- Deposit, UAE resident (20%)
- AED 1,580,000
- Deposit, non-resident (40%)
- AED 3,160,000
- Monthly over 25 years at 3.7%
- AED 32,321
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →