501, Bluewaters Residences 7
Sold prices and rental history: sold twice, last in December 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Bluewaters Residences 7
What is 501 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,112 sqft
- Floor
- 5th of 15
- Parking
- B560, B561
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 61,200 /yr
- Last sold
- AED 9.5M · December 2022
- Building
- Bluewaters Residences 7
About 501, Bluewaters Residences 7
501 is a three-bedroom apartment of 2,112 sqft on the 5th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 December 2022 for AED 9,500,000, or AED 4,499 per sqft, 14% above the AED 3,939 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 26 September 2022, is AED 225,250 a year: a gross yield of 2.4% on the 2022 price, before the service charge of about AED 61,200 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Bluewaters Residences 7, and where 501 sits
All 36 3-beds →501 last sold in December 2022 at AED 4,499 per sqft, 14% above what three-beds in Bluewaters Residences 7 were fetching at the time (AED 3,939). Over the last 12 months three-beds sold for AED 12,600,000, around AED 5,973 per sqft, and rent for AED 516,923 to 580,000 a year. 501's AED 225,250 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 1,935 sqft | 8,300,000 | 4,290 | ||
| 16 Jun 202516 June 2025 | 2,109 sqft | 14,000,000 | 6,637 | ||
| 10 Jun 202510 June 2025 | 2,045 sqft | 10,300,000 | 5,035 | ||
| 21 Apr 202521 April 2025 | 2,045 sqft | 12,200,000 | 5,964 |
Bluewaters Residences 7
Building77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.
- Typical price per sqft
- AED 5,329
- Typical sale
- AED 8.9M
- Typical rent
- AED 496K /yr
- Typical yield
- 5.1%
Other units on the 5th floor
All 77 units in Bluewaters Residences 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 2-bed | 1,608 sqft | AED 3.71MAED 3,711,000 · Oct 2019October 2019 | ||
| 503 | 3-bed | 2,109 sqft | AED 4.65MAED 4,650,000 · Nov 2019November 2019 | 495,000 /yr | |
| 504 | 3-bed | 2,045 sqft | AED 4.2MAED 4,200,000 · May 2021May 2021 | ||
| 505 | 1-bed | 1,154 sqft | AED 4.55MAED 4,550,000 · Feb 2026February 2026 | 300,000 /yr | |
| 506 | 2-bed | 1,670 sqft | AED 3.54MAED 3,536,000 · Oct 2019October 2019 | 350,000 /yr |
501, Bluewaters Residences 7 in numbers
- Sold twice: first on 17 October 2018 for AED 4,656,000, last on 28 December 2022 for AED 9,500,000 (AED 4,499 per sqft).
- Rented since September 2019 on 3 Ejari contracts. The rent fell from AED 235,000 to AED 195,000 in 2020 and recovered to AED 225,250 by September 2022.
- At AED 225,250 a year the gross yield on the 2022 price is 2.4%, before a service charge of about AED 61,200 a year (AED 28.99 per sqft).
- Three-beds in Bluewaters Residences 7 sold for AED 12,600,000–12,600,000 in the 12 months to November 2026; the building's median across all types is AED 5,329 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 28 December 2022.
Questions about 501, Bluewaters Residences 7
What did unit 501 last sell for?
AED 9,500,000 on 28 December 2022: AED 4,499 per sqft for 2,112 sqft. The unit has 2 registered sales; the first was AED 4,656,000 in October 2018.
What is the rent for unit 501?
AED 225,250 a year on the contract renewed on 26 September 2022. The previous contract, from September 2020, was AED 195,000; the unit has been rented since September 2019.
How big is unit 501?
2,112 sqft (196.2 sqm): a three-bedroom apartment on the 5th floor of a 15-storey tower completed in 2019.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 7 sold for AED 12,600,000 to 12,600,000 in the last 12 months, around AED 5,973 per sqft.
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Mortgage on 501, Bluewaters Residences 7
Starts from the last sale price (AED 9.5M, 28 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 9,500,000
- Deposit, UAE resident (20%)
- AED 1,900,000
- Deposit, non-resident (40%)
- AED 3,800,000
- Monthly over 25 years at 3.7%
- AED 38,867
Plus AED 404,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →