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Bluewaters Residences 5

A 2 bed in Bluewaters Residences 5 costs a median AED 7.65M, rents long-let for AED 450,000/yr (5.9% gross), and returns 4.9% short-term at the assumed 70% occupancy.

Satellite view of Bluewaters Residences 5, Bluewaters Island, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

7.65MAED

AED 4,668/sqft

Rent a year
AED 450,000
Gross yield
5.9%
vs Bluewaters Island
17% below the median
Cost to buy, all inAED 8.12M
Price
AED 7.65M
DLD fee 4%
AED 306,000
Agent 2% + VAT
AED 160,650
Trustee
AED 4,200

Fees repaid by rent13 months

Against this building’s registered sales of the same type.

Ask about Bluewaters Residences 5 →

Is Bluewaters Residences 5 a good investment?Fair on every measure with a record

  1. Does it pay a good rent?5.9% gross, before the service charge (not on file) (Dubai median 6.8%)5.9%Fair
  2. Are rents going up?New 2 bed leases: AED 422,500 a year ago, AED 450,000 now (pooled across the project)+6.5%
  3. Are prices going up?All types: AED 4,691/sqft a year ago, 4,812 now+2.6%Fair
  4. How fast do fees pay back?AED 470,850 in fees to buy a 2 bed; rent covers it in 1.0 years1.0 yrs
  5. Can I sell easily?7 sales in 12 months (6 the year before)7
  6. Did earlier buyers gain?Up 121% for buyers 5 years ago, before fees+121.5%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Bluewaters Residences 5 prices and rents by unit typeA two-bed costs about AED 7.65M and rents for about AED 450,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
2 bedAED 7.65M4,668/sqft5.9%+1.0 ptsAED 450,00055 contractsno prior year5
3 bedAED 10.25M4,812/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
4+ bedAED 19.40M7,890/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Bluewaters Island · area median AED 5,644/sqft

5 years
+103.3% · +15.2%/yr
vs area median
-17.3%

Rental income

2 bed · Bluewaters Island

Median new rent
AED 450,000/yr
Yield vs area median
+1.0 pts
Yield vs Dubai (6.8%)
-0.9 pts
Renewal rent
AED 430,000/yr
New tenants pay vs sitting (37 renewals)
+4.7%

Short-term income

2 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 1,879
Net revenue
AED 378,183/yr
vs long-let rent
0.8×
Listings seen
11+

Read with care

  • Rental data covers the whole Bluewaters Residences project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Jul 2019, AED 3,326,925; latest, Jun 2026, AED 6,518,000; peak, Feb 2026, AED 8,925,000.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 4,812 · before fees

5 years ago
2,173
+121%
3 years ago
4,340
+11%
Previous 12 months
4,691
+3%
Last 12 months
4,812
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

7 resales in the last 12 months, against 10 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
24 Jun 20262 bed1,448AED 6,518,0004,501
27 Mar 20262 bed1,448AED 10,200,0007,043
3 Feb 20262 bed1,639AED 7,650,0004,668
23 Dec 20253 bed2,130AED 10,250,0004,812
8 Dec 20252 bed966AED 3,875,0004,010
10 Nov 20252 bed1,641AED 10,000,0006,094
7 Nov 20254+ bed2,459AED 19,400,0007,890

7 resales in the last 12 months.

Short-term rates around Bluewaters Residences 5

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
2 bed500 m cluster · 11+ listings seen1,8791.15/sqftAED 378,183AED 450,0000.8×4.9%
3 bed500 m cluster · 3+ listings seen1,7440.82/sqftAED 340,800AED 542,5000.6×—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Bluewaters Island

Every Bluewaters Island building with a page, ranked by price per sqft over the same 12 months, all unit types. Bluewaters Residences 5 places 9th of 10; the nearest 5 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
5Bluewaters Residences 6Completed 2019 · off-plan 2,272/sqftAED 9.23M5,562+15.6%4.4%+2.3%9
6Bluewaters Residences 10Completed 2019AED 9.15M5,550+15.3%4.5%—6
7Bluewaters Residences 3Completed 2019 · off-plan 2,177/sqftAED 6.25M5,346+11.1%6.6%-5.6%15
8Bluewaters Residences 7Completed 2019 · off-plan 2,143/sqftAED 9.32M4,982+3.5%4.4%-6.0%11
9Bluewaters Residences 5 · this buildingCompleted 2019AED 10.00M4,8124.1%+2.6%7
10Bluewaters Residences 1Completed 2019 · off-plan 2,240/sqftAED 7.50M4,737-1.6%5.5%—3

Rank 1 is the dearest per square foot. Differences are against Bluewaters Residences 5 (AED 4,812/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Bluewaters Residences 5 has registered sale prices 17% below the Bluewaters Island median price per square foot of 5,644 AED, across 8 eligible buildings.

Market context in Bluewaters Island

Registered sales activity

90 ready apartment sales in the 12 months to 2026-10-12.

+5.7% in median AED/sqft versus the preceding year, supported by 90 current and 91 prior price observations.

Explore sales activity

Planned apartment projects

0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.

0 projects had already passed their planned date; 0 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

0 apartments are planned in Bluewaters Island from 2026 to 2028, equal to 0% of the 329 homes let there today.

How these are counted
Find service-charge budget evidence for Bluewaters Residences 5

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The Bluewaters Residences towers

10 towers in Bluewaters Residences, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
Bluewaters Residences 1—2 sales, too few—AED 450,000project pool—
Bluewaters Residences 2AED 6.60M3 sales4,298AED 450,000project pool6.8%
Bluewaters Residences 3AED 9.65M3 sales6,050AED 450,000project pool4.7%
Bluewaters Residences 4AED 10.10M3 sales5,972AED 450,000project pool4.5%
Bluewaters Residences 5 · this buildingAED 7.65M5 sales4,668AED 450,000project pool5.9%
Bluewaters Residences 6AED 9.40M5 sales5,725AED 450,000project pool4.8%
Bluewaters Residences 7AED 9.11M4 sales5,562AED 450,000project pool4.9%
Bluewaters Residences 8AED 10.00M3 sales5,867AED 450,000project pool4.5%
Bluewaters Residences 9—1 sale, too few—AED 450,000project pool—
Bluewaters Residences 10AED 7.00M3 sales4,721AED 450,000project pool6.4%

Ejari files Bluewaters Residences’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Bluewaters Island: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Bluewaters Residences · this development10 towers · rent filed for the projectAED 450,00055 contractsAED 9.28M32 sales5,6444.9%
All of Bluewaters Islandevery building, in a project or notAED 450,00055 contractsAED 9.28M32 sales5,6444.9%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

About Bluewaters Residences 5

Bluewaters Residences 5 is an apartment building completed in 2019 in Bluewaters Island. 136 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
22 min · 24 km
DXB Airport
26 min · 37 km
DIFC
18 min · 26 km
Dubai Marina
10 min · 6.2 km
Palm Jumeirah
18 min · 15 km

Nearest, as registered

Metro
Jumeirah Beach Residency
Mall
Marina Mall
Landmark
Burj Al Arab

Bluewaters Residences 5: AED 4,812 per sq ft, 13% below the median Bluewaters Island building, and a 4.1% gross yield, below the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Bluewaters Residences 5AED 4,812
  2. Bluewaters Island, readyAED 5,699
  3. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Bluewaters Residences 5Bluewaters Island median building

  1. Bluewaters Island4.1% vs 4.4%
Line: the 10th to 90th percentile of 10 buildings in Bluewaters Island. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Nearby in Bluewaters Island

Prices per sq ft around Bluewaters Residences 5, on the map
Pills show median sale price, AED. 10 buildings pinned from Google place records and Apple geocoding · Bluewaters Residences 5 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Bluewaters Residences 5’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
29,765AED
4.5% over 25 years
Monthly rent
37,500AED
AED 450,000 a year
Cash needed at purchase
2,835,788AED
30% down plus AED 540,788 in fees

Owning costs AED 1.75M less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Bluewaters Residences 5

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Common questions

What is the rental yield in Bluewaters Residences 5?
Bluewaters Residences 5 returns 5.9% gross: a median new-contract rent of AED 450,000 a year (55 Ejari contracts in 12 months) over a price benchmark of AED 7.65M (median of 5 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
How much does a 2 bedroom in Bluewaters Residences 5 cost?
The median registered sale price is AED 7.65M (4,668 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Bluewaters Residences 5 selling for right now?
Registered sales of ready units in Bluewaters Residences 5 over the last 12 months have a median of 4,668 AED/sqft, across 5 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
How does Bluewaters Residences 5 compare with Bluewaters Island?
Its 5.9% gross yield sits +1.0 pts against the Bluewaters Island median of 4.9%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
What is the registered annual rent for a 2 bedroom in Bluewaters Residences 5?
The median new annual rent is AED 450,000, from 55 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

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Bluewaters Residences 5 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/bluewaters-island/bluewaters-residences-5
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Bluewaters Residences 5 sale prices and yield.” Bluewaters Island, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/bluewaters-island/bluewaters-residences-5

Stable dataJSON