502, Bluewaters Residences 1
Sold prices and rental history: sold 4 times, last in May 2025, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Bluewaters Residences 1
What is 502 worth today?
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Source: Dubai Land Department. Updated 22 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,478 sqft
- Floor
- 5th of 6
- Parking
- B387
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 42,800 /yr
- Last sold
- AED 6.05M · May 2025
- Building
- Bluewaters Residences 1
About 502, Bluewaters Residences 1
502 is a two-bedroom apartment of 1,478 sqft on the 5th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 May 2025 for AED 6,050,000, or AED 4,093 per sqft, in line with the AED 4,093 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 March 2021. The current contract, signed on 15 March 2021, is AED 190,000 a year: a gross yield of 3.1% on the 2025 price, before the service charge of about AED 42,800 a year.
Sales and rents for 502 over time
502 has sold 4 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 1, and where 502 sits
All 14 2-beds →502 last sold in May 2025 at AED 4,093 per sqft, in line with what two-beds in Bluewaters Residences 1 were fetching at the time (AED 4,093).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Nov 202415 November 2024 | 1,711 sqft | 6,800,000 | 3,973 | ||
| 22 Jul 202422 July 2024 | 1,711 sqft | 3,600,000 | 2,103 | ||
| 20 Jun 202420 June 2024 | 1,711 sqft | 8,900,000 | 5,200 | ||
| 11 Jun 202411 June 2024 | 1,711 sqft | 7,665,000 | 4,479 |
Bluewaters Residences 1
Building41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 463K /yr
- Typical yield
Other units on the 5th floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,768 sqft | AED 7.5MAED 7,500,000 · Oct 2022October 2022 | ||
| 503 | 1,711 sqft | AED 3.58MAED 3,582,000 · Aug 2019August 2019 | 500,000 /yr | ||
| 504 | 4-bed | 2,563 sqft | AED 10.95MAED 10,950,000 · Apr 2022April 2022 | 315,000 /yr | |
| 505 | 3-bed | 2,175 sqft | AED 4.94MAED 4,944,000 · Sep 2018September 2018 | 550,000 /yr | |
| 506 | 4-bed | 2,473 sqft | AED 17.5MAED 17,500,000 · Feb 2023February 2023 | 100,000 /yr |
502, Bluewaters Residences 1 in numbers
- Sold 4 times: first on 10 February 2021 for AED 3,071,000, last on 22 May 2025 for AED 6,050,000 (AED 4,093 per sqft).
- Rented since March 2021 on one Ejari contract, at AED 190,000 a year.
- At AED 190,000 a year the gross yield on the 2025 price is 3.1%, before a service charge of about AED 42,800 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 22 May 2025.
Questions about 502, Bluewaters Residences 1
What did unit 502 last sell for?
AED 6,050,000 on 22 May 2025: AED 4,093 per sqft for 1,478 sqft. The unit has 4 registered sales; the first was AED 3,071,000 in February 2021.
What is the rent for unit 502?
AED 190,000 a year on the contract signed on 15 March 2021.
How big is unit 502?
1,478 sqft (137.3 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 502 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 502, Bluewaters Residences 1
Starts from the last sale price (AED 6.05M, 22 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 6,050,000
- Deposit, UAE resident (20%)
- AED 1,210,000
- Deposit, non-resident (40%)
- AED 2,420,000
- Monthly over 25 years at 3.7%
- AED 24,752
Plus AED 259,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →