2,459 sqftBluewaters Residences 5, Bluewaters Island · 5th floor · completed 2019

507, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in November 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 7 November 2025
Last soldAED 19.4M7 November 2025
Current rentAED 900K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Bluewaters Residences 5

What is 507 worth today?

Last sold for AED 19,400,000 in 2025

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7 Nov 2025SoldReady
AED 19,400,000AED 7,889 per sqft
1 May 2022RentedNew contract
AED 900,000/yr12 months · AED 367 per sqft
5 Mar 2021RentedRenewal
AED 330,000/yr12 months · AED 134 per sqft
5 Mar 2020RentedNew contract
AED 330,000/yr12 months · AED 134 per sqft
14 Oct 2019Sold by developerReady
AED 5,699,000AED 2,317 per sqft

Source: Dubai Land Department. Updated 7 November 2025.

Key facts

Type
Apartment
Size
2,459 sqft
Floor
5th of 6
Parking
B736, B738
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,300 /yr
Last sold
AED 19.4M · November 2025

About 507, Bluewaters Residences 5

507 is an apartment of 2,459 sqft on the 5th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 7 November 2025 for AED 19,400,000, or AED 7,889 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 May 2022, is AED 900,000 a year: a gross yield of 4.6% on the 2025 price, before the service charge of about AED 71,300 a year.

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 5th floor

All 69 units in Bluewaters Residences 5
Value
5013-bedAED 10.25M · Dec 2025
5021-bedAED 2.51M · Nov 2019
5031-bedAED 2.38M · Nov 2019
5041-bedAED 5.1M · Mar 2023
5051-bedAED 2.48M · Nov 2019
506AED 10M · Nov 2025
5083-bedAED 4.7M · Sep 2019
1–7 of 10

507, Bluewaters Residences 5 in numbers

  • Sold twice: first on 14 October 2019 for AED 5,699,000, last on 7 November 2025 for AED 19,400,000 (AED 7,889 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 330,000 to AED 900,000 a year.
  • At AED 900,000 a year the gross yield on the 2025 price is 4.6%, before a service charge of about AED 71,300 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 7 November 2025.

Questions about 507, Bluewaters Residences 5

What did unit 507 last sell for?

AED 19,400,000 on 7 November 2025: AED 7,889 per sqft for 2,459 sqft. The unit has 2 registered sales; the first was AED 5,699,000 in October 2019.

What is the rent for unit 507?

AED 900,000 a year on the contract signed on 1 May 2022. The previous contract, from March 2021, was AED 330,000; the unit has been rented since March 2020.

How big is unit 507?

2,459 sqft (228.4 sqm): an apartment on the 5th floor of a 6-storey tower completed in 2019.

What is unit 507 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 507, Bluewaters Residences 5

Starts from the last sale price (AED 19.4M, 7 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 19,400,000
Deposit, UAE resident (20%)
AED 3,880,000
Deposit, non-resident (40%)
AED 7,760,000
Monthly over 25 years at 3.7%
AED 79,371

Plus AED 819,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →