3-bed · 2,045 sqftBluewaters Residences 9, Bluewaters Island · 5th floor · completed 2019

504, Bluewaters Residences 9

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 13 February 2025
Last soldAED 4.24M20 February 2020
Current rentAED 460K /yr13 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Bluewaters Residences 9

What is 504 worth today?

Last sold for AED 4,243,000 in 2020

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13 Feb 2025RentedRenewal
AED 460,000/yr12 months · AED 225 per sqft
13 Feb 2024RentedRenewal
AED 460,000/yr12 months · AED 225 per sqft
13 Feb 2023RentedNew contract
AED 400,000/yr12 months · AED 196 per sqft
15 Nov 2020RentedNew contract
AED 162,000/yr12 months · AED 79 per sqft
20 Feb 2020Sold by developerReady
AED 4,243,000AED 2,074 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2025.

Key facts

Type
3-bed apartment
Size
2,045 sqft
Floor
5th of 14
Parking
B057, B058
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,300 /yr
Last sold
AED 4.24M · February 2020

About 504, Bluewaters Residences 9

504 is a three-bedroom apartment of 2,045 sqft on the 5th floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 20 February 2020 for AED 4,243,000, or AED 2,074 per sqft, 24% below the AED 2,735 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 13 February 2025, is AED 460,000 a year: a gross yield of 10.8% on the 2020 price, before the service charge of about AED 59,300 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Bluewaters Residences 9
5M10M2019202120232025Typical sale price by year: 2019 AED 5,768,000; 2020 AED 5,150,000; 2021 AED 5,484,000; 2022 AED 6,750,000; 2024 AED 12,425,000; 2025 AED 12,500,000Sold by developer, February 2020: AED 4,243,000 (AED 2,074 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Bluewaters Residences 9
200K400K600K2020202220242026Typical rent by year: 2020 AED 230,000; 2021 AED 320,000; 2022 AED 500,000; 2023 AED 550,000; 2024 AED 522,500; 2025 AED 537,500New contract, November 2020: AED 162,000 a yearNew contract, February 2023: AED 400,000 a yearRenewal, February 2024: AED 460,000 a yearRenewal, February 2025: AED 460,000 a year

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 9, and where 504 sits

All 31 3-beds →

504 last sold in February 2020 at AED 2,074 per sqft, 24% below what three-beds in Bluewaters Residences 9 were fetching at the time (AED 2,735). Over the last 12 months three-beds sold for AED 9,000,000 to 13,600,000, around AED 5,680 per sqft, and rent for AED 360,000 to 700,000 a year. 504's AED 460,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Feb 20269,000,000
30 Dec 202511,400,000
24 Dec 202513,600,000
19 May 202515,000,000
4 3-bed sales in the last 12 months

Bluewaters Residences 9

Building

73 apartments, 1-bed to 5-bed over 14 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 4 sold in the last 12 months.

Typical price per sqft
AED 5,680
Typical sale
AED 11.95M
Typical rent
AED 360K /yr
Typical yield
4.1%
Bluewaters Residences 9, Bluewaters Island: prices, sales and rents →

Other units on the 5th floor

All 73 units in Bluewaters Residences 9
Value
5013-bedAED 9M · Feb 2026
5022-bedAED 6M · Mar 2022
5033-bedAED 5.74M · Nov 2019
5051-bedAED 2.35M · Feb 2020
5062-bedAED 6M · Nov 2022

504, Bluewaters Residences 9 in numbers

  • Sold once: by Blue Waters Residential on 20 February 2020 for AED 4,243,000, or AED 2,074 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 162,000 to AED 460,000 a year.
  • At AED 460,000 a year the gross yield on the 2020 price is 10.8%, before a service charge of about AED 59,300 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 9 sold for AED 9,000,000–13,600,000 in the 12 months to November 2026; the building's median across all types is AED 5,680 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 13 February 2025.

Questions about 504, Bluewaters Residences 9

What did unit 504 last sell for?

AED 4,243,000 on 20 February 2020, sold by the developer: AED 2,074 per sqft for 2,045 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 460,000 a year on the contract renewed on 13 February 2025. The previous contract, from February 2024, was AED 460,000; the unit has been rented since November 2020.

How big is unit 504?

2,045 sqft (190.0 sqm): a three-bedroom apartment on the 5th floor of a 14-storey tower completed in 2019.

What is unit 504 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 9 sold for AED 9,000,000 to 13,600,000 in the last 12 months, around AED 5,680 per sqft.

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Mortgage on 504, Bluewaters Residences 9

Starts from the last sale price (AED 4.24M, 20 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,243,000
Deposit, UAE resident (20%)
AED 848,600
Deposit, non-resident (40%)
AED 1,697,200
Monthly over 25 years at 3.7%
AED 17,359

Plus AED 183,216 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →