504, Bluewaters Residences 2
Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Bluewaters Residences 2
What is 504 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,536 sqft
- Floor
- 5th of 7
- Parking
- G239
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 44,500 /yr
- Last sold
- AED 3.18M · October 2019
- Building
- Bluewaters Residences 2
About 504, Bluewaters Residences 2
504 is a two-bedroom apartment of 1,536 sqft on the 5th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 29 October 2019 for AED 3,179,000, or AED 2,070 per sqft, in line with the AED 2,123 two-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 January 2025, is AED 430,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 44,500 a year.
Sales and rents for 504 over time
504 has sold once; 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 2, and where 504 sits
All 37 2-beds →504 last sold in October 2019 at AED 2,070 per sqft, in line with what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,123). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,192 per sqft, and rent for AED 350,000 to 350,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 1,826 sqft | 4,267,093 | 2,336 | ||
| 8 Dec 20258 December 2025 | 1,488 sqft | 9,000,000 | 6,047 | ||
| 11 Jul 202511 July 2025 | 1,677 sqft | 7,800,000 | 4,651 | ||
| 11 Jun 202511 June 2025 | 1,487 sqft | 9,050,000 | 6,084 |
Bluewaters Residences 2
Building81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 7 sold in the last 12 months.
- Typical price per sqft
- AED 5,787
- Typical sale
- AED 11.25M
- Typical rent
- AED 590K /yr
- Typical yield
- 5.0%
Other units on the 5th floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2,115 sqft | AED 11.25MAED 11,250,000 · Nov 2025November 2025 | 566,176 /yr | ||
| 502 | 2-bed | 1,512 sqft | AED 8MAED 8,000,000 · Feb 2024February 2024 | 380,000 /yr | |
| 503 | 2-bed | 1,677 sqft | AED 7.8MAED 7,800,000 · Jul 2025July 2025 | ||
| 505 | 2-bed | 1,511 sqft | AED 3MAED 3,000,000 · Jan 2025January 2025 | ||
| 506 | 2-bed | 1,636 sqft | AED 7.25MAED 7,250,000 · Dec 2022December 2022 | 350,000 /yr | |
| 507 | 4-bed | 1,233 sqft | AED 11MAED 11,000,000 · Jul 2022July 2022 | 380,000 /yr | |
| 508 | 2-bed | 1,487 sqft | AED 3.57MAED 3,570,000 · Jun 2019June 2019 | 430,000 /yr | |
| 509 | 3-bed | 1,987 sqft | AED 11.5MAED 11,500,000 · Feb 2026February 2026 | 628,311 /yr | |
| 510 | 3-bed | 1,990 sqft | AED 8MAED 8,000,000 · Jul 2023July 2023 | 650,000 /yr | |
| 511 | 1-bed | 1,146 sqft | AED 4.6MAED 4,600,000 · Feb 2023February 2023 | 250,000 /yr | |
| 512 | 3-bed | 2,061 sqft | AED 11.9MAED 11,900,000 · Jun 2024June 2024 |
504, Bluewaters Residences 2 in numbers
- Sold once: by Blue Waters Residential on 29 October 2019 for AED 3,179,000, or AED 2,070 per sqft.
- Rented since September 2023 on 2 Ejari contracts, from AED 460,000 to AED 430,000 a year.
- At AED 430,000 a year the gross yield on the 2019 price is 13.5%, before a service charge of about AED 44,500 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,787 per sqft.
Source: Dubai Land Department. Updated 1 January 2025.
Questions about 504, Bluewaters Residences 2
What did unit 504 last sell for?
AED 3,179,000 on 29 October 2019, sold by the developer: AED 2,070 per sqft for 1,536 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 430,000 a year on the contract signed on 1 January 2025. The previous contract, from September 2023, was AED 460,000.
How big is unit 504?
1,536 sqft (142.7 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.
What is unit 504 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 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,192 per sqft.
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Mortgage on 504, Bluewaters Residences 2
Starts from the last sale price (AED 3.18M, 29 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,179,000
- Deposit, UAE resident (20%)
- AED 635,800
- Deposit, non-resident (40%)
- AED 1,271,600
- Monthly over 25 years at 3.7%
- AED 13,006
Plus AED 138,528 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →