1-bed · 1,154 sqftBluewaters Residences 6, Bluewaters Island · 5th floor · completed 2019

505, Bluewaters Residences 6

Sold prices and rental history: sold twice, last in December 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 2M8 December 2020
Current rentAED 300K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Bluewaters Residences 6

What is 505 worth today?

Last sold for AED 2,000,000 in 2020

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17 May 2025RentedNew contract
AED 300,000/yr12 months · AED 260 per sqft
10 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 96 per sqft
8 Dec 2020SoldReady
AED 2,000,000AED 1,733 per sqft
10 Oct 2019RentedNew contract
AED 120,000/yr12 months · AED 104 per sqft
23 Aug 2017Sold by developerOff-plan
AED 2,421,000AED 2,098 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
5th of 13
Parking
G370
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,400 /yr
Last sold
AED 2M · December 2020

About 505, Bluewaters Residences 6

505 is a one-bedroom apartment of 1,154 sqft on the 5th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 8 December 2020 for AED 2,000,000, or AED 1,733 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 17 May 2025, is AED 300,000 a year: a gross yield of 15.0% on the 2020 price, before the service charge of about AED 33,400 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Bluewaters Residences 6
2M4M20172019202120232025Typical sale price by year: 2017 AED 2,421,000; 2018 AED 2,458,000; 2023 AED 5,300,000; 2024 AED 5,000,000Sold by developer, August 2017: AED 2,421,000 (AED 2,098 per sqft)Sold, December 2020: AED 2,000,000 (AED 1,733 per sqft)

505 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 505, each contractTypical one-bed in Bluewaters Residences 6
100K200K300K2019202120232025Typical rent by year: 2019 AED 130,000; 2020 AED 120,000; 2022 AED 151,313; 2024 AED 300,000; 2025 AED 322,500New contract, October 2019: AED 120,000 a yearNew contract, December 2020: AED 110,000 a yearNew contract, May 2025: AED 300,000 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 6, and where 505 sits

All 11 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20255,400,000
24 Jun 20245,000,000
4 Apr 20246,500,000
23 Feb 20244,100,000
0 1-bed sales in the last 12 months

Bluewaters Residences 6

Building

67 apartments, 1-bed to 5-bed over 13 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 5,843
Typical sale
AED 9.5M
Typical rent
AED 422K /yr
Typical yield
4.8%
Bluewaters Residences 6, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 67 units in Bluewaters Residences 6
Value
5013-bedAED 9.9M · May 2023
5022-bedAED 10.5M · Feb 2025
5033-bedAED 4.73M · Aug 2018
5043-bedAED 4.18M · Jul 2019
5062-bedAED 9.2M · May 2024

505, Bluewaters Residences 6 in numbers

  • Sold twice: first on 23 August 2017 for AED 2,421,000, last on 8 December 2020 for AED 2,000,000 (AED 1,733 per sqft).
  • Rented since October 2019 on 3 Ejari contracts, from AED 120,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2020 price is 15.0%, before a service charge of about AED 33,400 a year (AED 28.99 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 17 May 2025.

Questions about 505, Bluewaters Residences 6

What did unit 505 last sell for?

AED 2,000,000 on 8 December 2020: AED 1,733 per sqft for 1,154 sqft. The unit has 2 registered sales; the first was AED 2,421,000 in August 2017.

What is the rent for unit 505?

AED 300,000 a year on the contract signed on 17 May 2025. The previous contract, from December 2020, was AED 110,000; the unit has been rented since October 2019.

How big is unit 505?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 5th floor of a 13-storey tower completed in 2019.

What is unit 505 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 505, Bluewaters Residences 6

Starts from the last sale price (AED 2M, 8 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →