BuildingBluewaters Island · Blue Waters Residential · 2019

Bluewaters Residences 5

One-beds to four-beds in Bluewaters Island. 3 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 3 February 2026
Typical price per sqftAED 4,6673 sales
Typical saleAED 7.65M3 sales
Typical rentAED 320K /yrAED 273 per sqft
Typical yield5.9%AED 28.99/sqft charge

About Bluewaters Residences 5

Bluewaters Residences 5 is a mid-rise waterfront building on Bluewaters Island, just off Dubai Marina and Jumeirah Beach Residence. Part of the master Bluewaters Residences complex by a well-known local developer, it offers a contemporary island setting with views toward the Arabian Gulf and the observation wheel landmark. The building comprises fully finished 1- to 4-bedroom apartments, typically featuring open-plan layouts, floor-to-ceiling windows and private balconies. Interiors are modern and streamlined, with quality kitchens and built-in storage; some layouts include maid’s rooms. Residences are accessed via a staffed lobby, and the tower is served by multiple elevators and round-the-clock security. Dedicated basement parking is provided for residents. Lifestyle facilities in and around the building support resort-style living. On-site amenities commonly include a temperature-controlled swimming pool, a well-equipped gym, landscaped gardens, children’s play areas and a community basketball court. The island’s pedestrian-friendly promenade places cafés, restaurants and convenience retail within a short walk, while beaches and hotel leisure venues are close at hand. The wider Bluewaters master plan combines residential, hospitality, retail and entertainment, creating an animated yet orderly atmosphere that appeals to both families and professionals. Access to the rest of the city is straightforward via the dedicated bridge linking Bluewaters to Sheikh Zayed Road. There is no metro station on the island; however, Dubai Metro and Tram stations in Dubai Marina and JBR are reachable within a short drive, and taxis and ride-hailing are widely available. Key destinations such as Dubai Marina, Palm Jumeirah and principal business districts are accessible by car, with typical off-peak travel times measured in minutes. Essential services including supermarkets, clinics and nurseries can be found on the island or in nearby Marina and JBR communities. Freehold ownership, modern specifications and a seafront setting define Bluewaters Residences 5. Residents choose it for its blend of contemporary apartments, comprehensive amenities and immediate access to dining and leisure along Dubai’s iconic island waterfront.

69 apartments over 6 floors: 20 one-beds of 820 to 1,310 sqft, 23 two-beds of 145 to 1,966 sqft, 15 three-beds of 1,832 to 2,130 sqft and 8 four-beds of 2,459 to 6,927 sqft. The service charge is AED 28.99 per sqft a year.

3 apartments sold in the 12 months to February 2026, at a median of AED 4,667 per sqft. 5 rental contracts were registered over the same 12 months, at a typical AED 320,000 a year.

Developer
Blue Waters Residential
Completed
2019
Floors
6
Units
69
Unit types
1-bed to 4-bed

Bluewaters Island, Dubai

Average prices in Bluewaters Residences 5

In Bluewaters Residences 5, typical sale prices over the last 12 months were around AED 5,760,000 for two-beds and AED 10,250,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Bluewaters Residences 5

4,0004,2504,500May 2026Nov 20262025-12-06: AED 4,010, 2-bed, 966 sqft2025-12-23: AED 4,812, 3-bed, 2,130 sqft2026-02-03: AED 4,667, 2-bed, 1,639 sqftTrend: AED 4,284 to AED 4,778

Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Bluewaters Residences 5

  • Completed2-bed · 1,638 sqft 03 Feb 2026AED 7,650,0004,668 /sqft
  • Completed3-bed · 2,129 sqft 23 Dec 2025AED 10,250,0004,812 /sqft
  • Completed2-bed · 1,932 sqft 06 Dec 2025AED 3,875,0002,005 /sqft
  • Completed2,458 sqft 07 Nov 2025AED 19,400,0007,890 /sqft
  • Completed1,641 sqft 07 Nov 2025AED 10,000,0006,094 /sqft
  • Completed1,448 sqft 08 Aug 2025AED 7,550,0005,213 /sqft
  • Completed1,641 sqft 21 May 2025AED 8,050,0004,905 /sqft
  • Completed1-bed · 1,133 sqft 09 Jan 2025AED 4,800,0004,236 /sqft
  • Completed2-bed · 1,463 sqft 27 Nov 2024AED 6,900,0004,716 /sqft
  • Completed2-bed · 144 sqft 13 Nov 2024AED 500,0003,454 /sqft

Over the last 12 months, Bluewaters Residences 5 has recorded 3 apartment sales. Typical homes sold for around AED 7.65M (about AED 4,667 per sqft) with a median size of 1,639 sqft; most were two-beds, from roughly AED 3.88M to AED 10.25M.

1–10 of 135

Units in Bluewaters Residences 5

69 units
  • Unit 1012-bed · 1,933 sqftSold AED 3.88M, Dec 2025
  • Unit 1021-bed · 1,115 sqftSold AED 2.45M, Feb 2022
  • Unit 1032-bed · 1,465 sqftSold AED 6.48M, Jun 2023
  • Unit 1042-bed · 1,518 sqftSold AED 2.99M, Mar 2020
  • Unit 1052-bed · 1,966 sqftSold AED 3.81M, Jul 2019
  • Unit 1062-bed · 1,846 sqftSold AED 3.87M, Oct 2019
  • Unit 1072-bed · 1,381 sqftSold AED 3.09M, Nov 2019
  • Unit 1081-bed · 1,179 sqftSold AED 5.5M, Oct 2024
  • Unit 1092-bed · 1,463 sqftSold AED 6.9M, Nov 2024
  • Unit 1101-bed · 1,146 sqftSold AED 4.95M, Nov 2024
1–10 of 69
Every unit in Bluewaters Residences 5, by number

By type: one-beds (20), two-beds (23), three-beds (15), four-beds (8).

Nearby in Bluewaters Island

All 12 →
BuildingSale /sqftYield
Bluewaters Residences 6AED 5,8434.8%
Bluewaters Residences 7AED 5,3295.0%
Bluewaters Residences 8AED 5,9334.7%
Bluewaters Residences 4AED 5,6364.9%
Bluewaters Residences 9AED 5,6804.1%
1–5 of 11 · nearest first

Bluewaters Residences 5 in numbers

  • Across 3 DLD sales in the 12 months to February 2026, the median price in Bluewaters Residences 5 was AED 4,667 per sqft and the typical home sold for about AED 7.65M.
  • Completed in 2019 by Blue Waters Residential; 6 floors of one-beds to four-beds; service charge AED 28.99 per sqft a year.
  • An one-bed of 820 to 1,310 sqft rents for AED 240,000 to 320,000 a year on the 3 contracts registered in the last 12 months.
  • Gross rental yield 5.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 3 February 2026.

Questions

How much does a two-bed in Bluewaters Residences 5 cost?

2 two-beds sold in the 12 months to February 2026; the median was AED 5,762,500, or AED 4,339 per sqft.

How much is an one-bed for rent in Bluewaters Residences 5?

About AED 315,000 a year: that is the median of the 3 contracts for one-beds registered with Ejari in the 12 months to February 2026, from AED 240,000 to 320,000.

What is the rental yield in Bluewaters Residences 5?

About 5.9% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Bluewaters Residences 5?

AED 28.99 per sqft a year. For a typical 1,639 sqft home that is about AED 47,500 a year.

Who built Bluewaters Residences 5 and when?

Blue Waters Residential; completed in 2019; 6 floors; 69 apartments.

How many apartments are there in Bluewaters Residences 5?

69, one-beds to four-beds. Each has its own page with its full sales and rental history.

For sale with OpenOffers in Bluewaters Island

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