What is the rental yield in Bluewaters Residences 2?

Bluewaters Residences 2 returns 5.51% 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 2 cost?

The median registered sale price is AED 7.70M (4,889 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in Bluewaters Residences 2 risen or fallen?

Median price per square foot moved +5.8% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Bluewaters Residences 2 compare with Bluewaters Island?

Its 5.51% gross yield sits -0.2 pts against the Bluewaters Island median of 5.75%, computed at the same bedroom grain over the same 24-month window.

Does Bluewaters Residences 2 earn more short-let than long-let?

A night asks a median of AED 2,164, which models to 6.59% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.51% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Bluewaters Residences 2 — rental prices & yield

Buy: 7.70MAED; AED 4,889/sqft
Long-let: 430,000AED; AED 265/sqft · 5.51%
Short-let: 6.59%; AED 2,164/night · 1.37/sqft

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

Yield spread: -0.2 pts; vs the Bluewaters Island median for this unit type
AED/yr/sqft: AED 265
Sales: 12
Rental contracts: 117
Renewal rent: AED 422,000/yr

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

Based on 12 sales and 117 rental contracts in the last 24 months. Rental data covers the whole Bluewaters Residences project, not this tower alone.

Bluewaters Residences 2 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 2019 to 2026, 340 registered sales in all — the 12 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Bluewaters Residences 2, 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
1 bed	AED 300,000	261	5.45% -0.8 pts	72
2 bed	AED 430,000	265	5.51% -0.2 pts	117
3 bed	AED 600,000	285	5.04% -0.6 pts	89

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.

Short-let rates around Bluewaters Residences 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
2 bed500m	2,164	1.37	AED 507,530	AED 430,000	1.2×	6.59%	11+
3 bed500m	2,066	1.04	AED 476,337	AED 600,000	0.8×	3.99%	3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Bluewaters Residences 2 itself had too few listings of that type to measure.

Recent transactions

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

13 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
5 Aug 2026	2 bed	1,536	AED 6,600,000	4,298
4 Aug 2026	3 bed	1,989	AED 12,000,000	6,034
29 Jun 2026	3 bed	1,987	AED 9,000,000	4,529
18 Jun 2026	1 bed	1,146	AED 6,500,000	5,672

4 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 2 places 5th of 10

Common questions

What is the rental yield in Bluewaters Residences 2?: Bluewaters Residences 2 returns 5.51% 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 2 cost?: The median registered sale price is AED 7.70M (4,889 AED/sqft), from 12 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Bluewaters Residences 2 risen or fallen?: Median price per square foot moved +5.8% over the last 12 months against the 12 before it, on 12 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Bluewaters Residences 2 compare with Bluewaters Island?: Its 5.51% gross yield sits -0.2 pts against the Bluewaters Island median of 5.75%, computed at the same bedroom grain over the same 24-month window.
Does Bluewaters Residences 2 earn more short-let than long-let?: A night asks a median of AED 2,164, which models to 6.59% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 5.51% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Bluewaters Residences 2