What is the rental yield in Bluewaters Residences 1?

Bluewaters Residences 1 returns 6.32% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 117 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Bluewaters Residences 1 cost?

The median registered sale price is AED 6.80M (4,093 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Bluewaters Residences 1 risen or fallen?

Median price per square foot moved +14.8% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Bluewaters Residences 1 compare with Bluewaters Island?

Its 6.32% gross yield sits +0.6 pts against the Bluewaters Island median of 5.75%, computed at the same bedroom grain over the same 24-month window.

Did off-plan buyers in Bluewaters Residences 1 make money?

Units bought off-plan between 2018 and 2021 later resold +72.7% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Bluewaters Residences 1 — rental prices & yield

Buy: 6.80MAED; AED 4,093/sqft
Long-let: 430,000AED; AED 265/sqft · 6.32%

Priced off the last 5 sales — most recent July 2026.

Yield spread: +0.6 pts; vs the Bluewaters Island median for this unit type
AED/yr/sqft: AED 265
Sales: 5
Rental contracts: 117
Renewal rent: AED 422,000/yr

12 months: +0.6%
3 years: -3.4%-1.1%/yr

Based on 5 sales and 117 rental contracts in the last 24 months. Rental data covers the whole Bluewaters Residences project, not this tower alone.

Bluewaters Residences 1 is an apartment building in Bluewaters Island, Dubai, one of the towers in the Bluewaters Residences development. The closest metro station is Jumeirah Beach Residency, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2018 to 2026, 166 registered sales in all — the 5 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Bluewaters Residences 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
2 bed	AED 430,000	265	6.32% +0.6 pts	117
3 bed	AED 600,000	285	4.74% -0.9 pts	89
4+ bed	AED 1.05M	323	6.00% -0.6 pts	19

Deltas compare each yield with the Bluewaters Island median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

4+ bed: Priced off the last 5 sales — most recent March 2025.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

Sales

Date	Type	Sqft	Price	AED/sqft
13 Jul 2026	2 bed	1,499	AED 7,100,000	4,737
29 Jun 2026	2 bed	1,711	AED 7,500,000	4,383

2 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Jumeirah Beach Residency
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Bluewaters Residences, on the same figures over the same window.

Highest rental yields in Bluewaters Island · Bluewaters Residences 1 places 3rd of 10

Common questions

What is the rental yield in Bluewaters Residences 1?: Bluewaters Residences 1 returns 6.32% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 117 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Bluewaters Residences 1 cost?: The median registered sale price is AED 6.80M (4,093 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Bluewaters Residences 1 risen or fallen?: Median price per square foot moved +14.8% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Bluewaters Residences 1 compare with Bluewaters Island?: Its 6.32% gross yield sits +0.6 pts against the Bluewaters Island median of 5.75%, computed at the same bedroom grain over the same 24-month window.
Did off-plan buyers in Bluewaters Residences 1 make money?: Units bought off-plan between 2018 and 2021 later resold +72.7% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Bluewaters Residences 1