2-bed · 1,372 sqftBluewaters Residences 5, Bluewaters Island · 2nd floor · completed 2019

204, Bluewaters Residences 5

Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 2.83M14 October 2019
Current rentAED 135K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Bluewaters Residences 5

What is 204 worth today?

Last sold for AED 2,833,000 in 2019

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1 Nov 2025RentedRenewal
AED 135,000/yr12 months · AED 99 per sqft
1 Nov 2024RentedRenewal
AED 420,000/yr12 months · AED 307 per sqft
1 Nov 2023RentedNew contract
AED 420,000/yr12 months · AED 307 per sqft
3 Nov 2021RentedNew contract
AED 250,000/yr12 months · AED 183 per sqft
14 Oct 2019Sold by developerReady
AED 2,833,000AED 2,065 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
2-bed apartment
Size
1,372 sqft
Floor
2nd of 6
Parking
G292
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 39,800 /yr
Last sold
AED 2.83M · October 2019

About 204, Bluewaters Residences 5

204 is a two-bedroom apartment of 1,372 sqft on the 2nd floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 14 October 2019 for AED 2,833,000, or AED 2,065 per sqft, in line with the AED 2,120 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 135,000 a year: a gross yield of 4.8% on the 2019 price, before the service charge of about AED 39,800 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in Bluewaters Residences 5
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,403,000; 2020 AED 2,942,000; 2021 AED 3,337,350; 2022 AED 5,650,000; 2023 AED 6,350,000; 2024 AED 7,350,000Sold by developer, October 2019: AED 2,833,000 (AED 2,065 per sqft)

204 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 204, each contractTypical two-bed in Bluewaters Residences 5
200K400K2019202120232025Typical rent by year: 2019 AED 170,000; 2020 AED 160,000; 2021 AED 210,000; 2022 AED 250,000; 2023 AED 375,000; 2024 AED 430,000; 2025 AED 420,000New contract, November 2021: AED 250,000 a yearNew contract, November 2023: AED 420,000 a yearRenewal, November 2024: AED 420,000 a yearRenewal, November 2025: AED 135,000 a year

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 5, and where 204 sits

All 23 2-beds →

204 last sold in October 2019 at AED 2,065 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,120). Over the last 12 months two-beds sold for AED 3,875,000 to 7,650,000, around AED 4,339 per sqft, and rent for AED 525,000 to 525,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20267,650,000
6 Dec 20253,875,000
27 Nov 20246,900,000
13 Nov 2024500,000
2 2-bed sales in the last 12 months

Bluewaters Residences 5

Building

69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 3 sold in the last 12 months.

Typical price per sqft
AED 4,667
Typical sale
AED 7.65M
Typical rent
AED 320K /yr
Typical yield
5.9%
Bluewaters Residences 5, Bluewaters Island: prices, sales and rents →

Other units on the 2nd floor

All 69 units in Bluewaters Residences 5
Value
2013-bedAED 7M · Sep 2022
2021-bedAED 3.98M · Jun 2024
2032-bedAED 2.82M · May 2020
2052-bedAED 7.65M · Feb 2026
2064-bedAED 12.63M · Aug 2022
2073-bedAED 4.61M · Oct 2019
2082-bedAED 3.45M · Nov 2019
1–7 of 9

204, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 14 October 2019 for AED 2,833,000, or AED 2,065 per sqft.
  • Rented since November 2021 on 4 Ejari contracts, from AED 250,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 4.8%, before a service charge of about AED 39,800 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 5 sold for AED 3,875,000–7,650,000 in the 12 months to November 2026; the building's median across all types is AED 4,667 per sqft.

Source: Dubai Land Department. Updated 1 November 2025.

Questions about 204, Bluewaters Residences 5

What did unit 204 last sell for?

AED 2,833,000 on 14 October 2019, sold by the developer: AED 2,065 per sqft for 1,372 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 135,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 420,000; the unit has been rented since November 2021.

How big is unit 204?

1,372 sqft (127.5 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2019.

What is unit 204 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 5 sold for AED 3,875,000 to 7,650,000 in the last 12 months, around AED 4,339 per sqft.

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Mortgage on 204, Bluewaters Residences 5

Starts from the last sale price (AED 2.83M, 14 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,833,000
Deposit, UAE resident (20%)
AED 566,600
Deposit, non-resident (40%)
AED 1,133,200
Monthly over 25 years at 3.7%
AED 11,591

Plus AED 123,996 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →