503, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Bluewaters Residences 5
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,119 sqft
- Floor
- 5th of 6
- Parking
- G298
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 32,400 /yr
- Last sold
- AED 2.38M · November 2019
- Building
- Bluewaters Residences 5
About 503, Bluewaters Residences 5
503 is a one-bedroom apartment of 1,119 sqft on the 5th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 27 November 2019 for AED 2,378,000, or AED 2,125 per sqft, in line with the AED 2,108 one-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 280,000 a year: a gross yield of 11.8% on the 2019 price, before the service charge of about AED 32,400 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the one-bed median of each year in the building.
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 5, and where 503 sits
All 20 1-beds →503 last sold in November 2019 at AED 2,125 per sqft, in line with what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,108). 503's AED 280,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,133 sqft | 4,800,000 | 4,236 | ||
| 7 Nov 20247 November 2024 | 1,146 sqft | 4,950,000 | 4,320 | ||
| 31 Oct 202431 October 2024 | 1,179 sqft | 5,500,000 | 4,665 | ||
| 12 Jun 202412 June 2024 | 820 sqft | 3,980,000 | 4,855 |
Bluewaters Residences 5
Building69 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%
Other units on the 5th floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,130 sqft | AED 10.25MAED 10,250,000 · Dec 2025December 2025 | ||
| 502 | 1-bed | 1,310 sqft | AED 2.51MAED 2,511,000 · Nov 2019November 2019 | 300,000 /yr | |
| 504 | 1-bed | 1,138 sqft | AED 5.1MAED 5,100,000 · Mar 2023March 2023 | 240,000 /yr | |
| 505 | 1-bed | 1,133 sqft | AED 2.48MAED 2,476,000 · Nov 2019November 2019 | ||
| 506 | 1,641 sqft | AED 10MAED 10,000,000 · Nov 2025November 2025 | |||
| 507 | 2,459 sqft | AED 19.4MAED 19,400,000 · Nov 2025November 2025 | 900,000 /yr | ||
| 508 | 3-bed | 2,033 sqft | AED 4.7MAED 4,698,000 · Sep 2019September 2019 | ||
| 509 | 2-bed | 798 sqft | AED 3.83MAED 3,825,000 · May 2021May 2021 | ||
| 510 | 2-bed | 1,448 sqft | AED 4MAED 4,000,000 · Dec 2021December 2021 | 170,000 /yr | |
| 511 | 3-bed | 2,022 sqft | AED 5.35MAED 5,350,000 · Oct 2021October 2021 | 240,000 /yr |
503, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 27 November 2019 for AED 2,378,000, or AED 2,125 per sqft.
- Rented since June 2020 on 3 Ejari contracts, from AED 105,000 to AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2019 price is 11.8%, before a service charge of about AED 32,400 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 1 April 2025.
Questions about 503, Bluewaters Residences 5
What did unit 503 last sell for?
AED 2,378,000 on 27 November 2019, sold by the developer: AED 2,125 per sqft for 1,119 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 280,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 280,000; the unit has been rented since June 2020.
How big is unit 503?
1,119 sqft (104.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2019.
What is unit 503 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 503, Bluewaters Residences 5
Starts from the last sale price (AED 2.38M, 27 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,378,000
- Deposit, UAE resident (20%)
- AED 475,600
- Deposit, non-resident (40%)
- AED 951,200
- Monthly over 25 years at 3.7%
- AED 9,729
Plus AED 104,886 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →