1-bed · 1,154 sqftBluewaters Residences 9, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 9

Sold prices and rental history: sold once, by the developer in February 2020, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 2.35M25 February 2020
Current rentAED 280K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 9

What is 505 worth today?

Last sold for AED 2,348,000 in 2020

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16 Sep 2026RentedNew contract
AED 280,000/yr12 months · AED 243 per sqft
25 Feb 2020Sold by developerReady
AED 2,348,000AED 2,034 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
5th of 14
Parking
B185
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,500 /yr
Last sold
AED 2.35M · February 2020

About 505, Bluewaters Residences 9

505 is a one-bedroom apartment of 1,154 sqft on the 5th floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 25 February 2020 for AED 2,348,000, or AED 2,034 per sqft, in line with the AED 2,060 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 September 2026. The current contract, signed on 16 September 2026, is AED 280,000 a year: a gross yield of 11.9% on the 2020 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 9
2M3M4M201920212023Typical sale price by year: 2019 AED 2,386,500; 2020 AED 2,322,000; 2021 AED 2,850,000; 2023 AED 4,300,000Sold by developer, February 2020: AED 2,348,000 (AED 2,034 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 9
100K200K300K201920222025Typical rent by year: 2019 AED 120,000; 2022 AED 220,000; 2023 AED 319,000; 2026 AED 280,000New contract, September 2026: AED 280,000 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 9, and where 505 sits

All 12 1-beds →

505 last sold in February 2020 at AED 2,034 per sqft, in line with what one-beds in Bluewaters Residences 9 were fetching at the time (AED 2,060). 505's AED 280,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 May 20234,000,000
4 May 20234,550,000
24 Apr 20234,300,000
14 Dec 20212,850,000
0 1-bed sales in the last 12 months

Bluewaters Residences 9

Building

73 apartments, 1-bed to 5-bed over 14 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 7 sold in the last 12 months.

Typical price per sqft
AED 5,967
Typical sale
AED 12.5M
Typical rent
AED 395K /yr
Typical yield
4.1%
Bluewaters Residences 9, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 73 units in Bluewaters Residences 9
Value
5013-bedAED 9M · Feb 2026
5022-bedAED 6M · Mar 2022
5033-bedAED 5.74M · Nov 2019
5043-bedAED 4.24M · Feb 2020
5062-bedAED 6M · Nov 2022

505, Bluewaters Residences 9 in numbers

  • Sold once: by Blue Waters Residential on 25 February 2020 for AED 2,348,000, or AED 2,034 per sqft.
  • Rented since September 2026 on one Ejari contract, at AED 280,000 a year.
  • At AED 280,000 a year the gross yield on the 2020 price is 11.9%, before a service charge of about AED 33,500 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 16 September 2026.

Questions about 505, Bluewaters Residences 9

What did unit 505 last sell for?

AED 2,348,000 on 25 February 2020, sold by the developer: AED 2,034 per sqft for 1,154 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 280,000 a year on the contract signed on 16 September 2026.

How big is unit 505?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 5th floor of a 14-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.

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Mortgage on 505, Bluewaters Residences 9

Starts from the last sale price (AED 2.35M, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,348,000
Deposit, UAE resident (20%)
AED 469,600
Deposit, non-resident (40%)
AED 939,200
Monthly over 25 years at 3.7%
AED 9,606

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