1-bed · 1,146 sqftBluewaters Residences 2, Bluewaters Island · 5th floor · completed 2019

511, Bluewaters Residences 2

Sold prices and rental history: sold 3 times, last in February 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 6 February 2023
Last soldAED 4.6M6 February 2023
Current rentAED 250K /yr11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Bluewaters Residences 2

What is 511 worth today?

Last sold for AED 4,600,000 in 2023

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6 Feb 2023SoldReady
AED 4,600,000AED 4,014 per sqft
11 Mar 2022RentedNew contract
AED 250,000/yr12 months · AED 219 per sqft
21 Feb 2022SoldReady
AED 3,050,000AED 2,661 per sqft
4 Feb 2020Sold by developerReady
AED 2,596,000AED 2,265 per sqft

Source: Dubai Land Department. Updated 6 February 2023.

Key facts

Type
1-bed apartment
Size
1,146 sqft
Floor
5th of 7
Parking
G133
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,200 /yr
Last sold
AED 4.6M · February 2023

About 511, Bluewaters Residences 2

511 is a one-bedroom apartment of 1,146 sqft on the 5th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 6 February 2023 for AED 4,600,000, or AED 4,014 per sqft, in line with the AED 3,926 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 March 2022. The current contract, signed on 11 March 2022, is AED 250,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 33,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Bluewaters Residences 2
3M4M2019202120232025Typical sale price by year: 2019 AED 2,579,000; 2022 AED 3,050,000; 2024 AED 4,150,000Sold by developer, February 2020: AED 2,596,000 (AED 2,265 per sqft)Sold, February 2022: AED 3,050,000 (AED 2,661 per sqft)Sold, February 2023: AED 4,600,000 (AED 4,014 per sqft)

511 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 511, each contractTypical one-bed in Bluewaters Residences 2
100K200K300K2019202120232025Typical rent by year: 2019 AED 140,000; 2020 AED 127,500; 2021 AED 150,000; 2022 AED 250,000; 2023 AED 275,000; 2025 AED 319,142New contract, March 2022: AED 250,000 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 2, and where 511 sits

All 10 1-beds →

511 last sold in February 2023 at AED 4,014 per sqft, in line with what one-beds in Bluewaters Residences 2 were fetching at the time (AED 3,926). Over the last 12 months one-beds sold for AED 5,900,000, around AED 5,148 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Feb 20265,900,000
30 Jan 20254,800,000
15 Oct 20244,050,000
19 Sep 20244,150,000
1 1-bed sale in the last 12 months

Bluewaters Residences 2

Building

81 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%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 81 units in Bluewaters Residences 2
Value
501AED 11.25M · Nov 2025
5022-bedAED 8M · Feb 2024
5032-bedAED 7.8M · Jul 2025
5042-bedAED 3.18M · Oct 2019
5052-bedAED 3M · Jan 2025
5062-bedAED 7.25M · Dec 2022
5074-bedAED 11M · Jul 2022
1–7 of 11

511, Bluewaters Residences 2 in numbers

  • Sold 3 times: first on 4 February 2020 for AED 2,596,000, last on 6 February 2023 for AED 4,600,000 (AED 4,014 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 33,200 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 2 sold for AED 5,900,000–5,900,000 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 6 February 2023.

Questions about 511, Bluewaters Residences 2

What did unit 511 last sell for?

AED 4,600,000 on 6 February 2023: AED 4,014 per sqft for 1,146 sqft. The unit has 3 registered sales; the first was AED 2,596,000 in February 2020.

What is the rent for unit 511?

AED 250,000 a year on the contract signed on 11 March 2022.

How big is unit 511?

1,146 sqft (106.5 sqm): a one-bedroom apartment on the 5th floor of a 7-storey tower completed in 2019.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 2 sold for AED 5,900,000 to 5,900,000 in the last 12 months, around AED 5,148 per sqft.

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Mortgage on 511, Bluewaters Residences 2

Starts from the last sale price (AED 4.6M, 6 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →