506, Bluewaters Residences 9
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Bluewaters Residences 9
What is 506 worth today?
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Source: Dubai Land Department. Updated 26 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,662 sqft
- Floor
- 5th of 14
- Parking
- B084
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 48,200 /yr
- Last sold
- AED 6M · November 2022
- Building
- Bluewaters Residences 9
About 506, Bluewaters Residences 9
506 is a two-bedroom apartment of 1,662 sqft on the 5th floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 18 November 2022 for AED 6,000,000, or AED 3,609 per sqft, 6% above the AED 3,404 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 26 January 2026, is AED 350,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 48,200 a year.
Sales and rents for 506 over time
506 has sold twice; 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 9, and where 506 sits
All 25 2-beds →506 last sold in November 2022 at AED 3,609 per sqft, 6% above what two-beds in Bluewaters Residences 9 were fetching at the time (AED 3,404). 506's AED 350,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202515 October 2025 | 1,499 sqft | 11,050,000 | 7,369 | ||
| 1 Aug 20251 August 2025 | 1,610 sqft | 10,600,000 | 6,585 | ||
| 19 Mar 202519 March 2025 | 1,499 sqft | 9,400,000 | 6,269 | ||
| 17 Mar 202517 March 2025 | 1,662 sqft | 7,600,000 | 4,572 |
Bluewaters Residences 9
Building73 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%
Other units on the 5th floor
All 73 units in Bluewaters Residences 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,112 sqft | AED 9MAED 9,000,000 · Feb 2026February 2026 | 1,300,000 /yr | |
| 502 | 2-bed | 1,610 sqft | AED 6MAED 6,000,000 · Mar 2022March 2022 | ||
| 503 | 3-bed | 2,097 sqft | AED 5.74MAED 5,736,000 · Nov 2019November 2019 | ||
| 504 | 3-bed | 2,045 sqft | AED 4.24MAED 4,243,000 · Feb 2020February 2020 | 390,000 /yr | |
| 505 | 1-bed | 1,154 sqft | AED 2.35MAED 2,348,000 · Feb 2020February 2020 | 280,000 /yr |
506, Bluewaters Residences 9 in numbers
- Sold twice: first on 6 October 2019 for AED 3,398,000, last on 18 November 2022 for AED 6,000,000 (AED 3,609 per sqft).
- Rented since February 2020 on 5 Ejari contracts, from AED 200,000 to AED 350,000 a year.
- At AED 350,000 a year the gross yield on the 2022 price is 5.8%, before a service charge of about AED 48,200 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 26 January 2026.
Questions about 506, Bluewaters Residences 9
What did unit 506 last sell for?
AED 6,000,000 on 18 November 2022: AED 3,609 per sqft for 1,662 sqft. The unit has 2 registered sales; the first was AED 3,398,000 in October 2019.
What is the rent for unit 506?
AED 350,000 a year on the contract signed on 26 January 2026. The previous contract, from February 2023, was AED 425,000; the unit has been rented since February 2020.
How big is unit 506?
1,662 sqft (154.4 sqm): a two-bedroom apartment on the 5th floor of a 14-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.
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Mortgage on 506, Bluewaters Residences 9
Starts from the last sale price (AED 6M, 18 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →