Bluewaters Residences 5

P1 — Delivered Ready Primary
Developer Meraas Development L.L.C
Community Bluewaters Island
Property type Apartment
Data updated Mar 27, 2026

Bluewaters Residences 5 is a Delivered development by Meraas Development L.L.C in Bluewaters Island. 69 units across 2 Bedroom (36%), 1 Bedroom (29%), 3 Bedroom (22%). Over the trailing 12 months, 136 sales at a median of AED 9,025,000.

Key Metrics
Median Price
Value
AED 9,025,000
Change
30.8% YoY
Transactions
Value
136
Change
8 in period
Price / sqft
Value
AED 5,059
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 9,025,000
↑ 30.8% YoY
Transactions
136
↑ 8 in period
Price / sqft
AED 5,059
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
27.5%
Holding Period
Value
2.7 yrs
Liquidity
Value
11.6%
Ready Market Mix
Value
0.0%
Rental Activity
Value
23.2%
Capital Return
27.5%
Holding Period
2.7 yrs
Liquidity
11.6%
Ready Market Mix
0.0%
Rental Activity
23.2%

Rental Performance

Rental Volume
Value
157
Avg Annual Rent
Value
AED 301,774
New Leases
Value
62.4%
Renewals
Value
37.6%
Rental Volume
157
Avg Annual Rent
AED 301,774
New Leases
62.4%
Renewals
37.6%

Unit Mix

By bedroom type
1 Bedroom 20 units · 29%
2 Bedroom 25 units · 36%
3 Bedroom 15 units · 22%
4 Bedroom 9 units · 13%

Transaction Breakdown

All time — 136 transactions
Ready Primary
69
Ready Secondary
67

Price History

Median Price — Bluewaters Residences 5

Median prices in Bluewaters Residences 5 have risen sharply, up 27% from AED 8.1M to AED 10.2M over the past 6 months.

Recent Transactions

Showing last 10 of 136
Date Type Price (AED) Size (sqft) AED/sqft
Mar 27, 2026 RP Secondary 10,200,000 1,448 7,042
Feb 03, 2026 RP Secondary 7,650,000 1,638 4,667
Dec 23, 2025 RP Secondary 10,250,000 2,129 4,812
Dec 06, 2025 RP Secondary 3,875,000 966 4,010
Nov 07, 2025 RP Secondary 19,400,000 2,458 7,889
Nov 07, 2025 RP Secondary 10,000,000 1,641 6,093
Aug 08, 2025 RP Secondary 7,550,000 1,448 5,213
May 21, 2025 RP Secondary 8,050,000 1,641 4,905
Jan 09, 2025 RP Secondary 4,800,000 1,133 4,236
Nov 27, 2024 RP Secondary 6,900,000 1,463 4,715

This project is in Bluewaters Island

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