2-bed · 1,711 sqftBluewaters Residences 1, Bluewaters Island · 3rd floor · completed 2019

303, Bluewaters Residences 1

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 3.57M9 May 2019
Current rentAED 340K /yr4 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Bluewaters Residences 1

What is 303 worth today?

Last sold for AED 3,568,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Apr 2025RentedNew contract
AED 340,000/yr12 months · AED 199 per sqft
4 Apr 2025RentedNew contract
AED 340,000/yr12 months · AED 199 per sqft
9 May 2019Sold by developerReady
AED 3,568,000AED 2,085 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
2-bed apartment
Size
1,711 sqft
Floor
3rd of 6
Parking
B379
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 49,600 /yr
Last sold
AED 3.57M · May 2019

About 303, Bluewaters Residences 1

303 is a two-bedroom apartment of 1,711 sqft on the 3rd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 9 May 2019 for AED 3,568,000, or AED 2,085 per sqft, 7% below the AED 2,251 two-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 4 April 2025, is AED 340,000 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 49,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical two-bed in Bluewaters Residences 1
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,578,500; 2021 AED 3,057,500; 2022 AED 5,800,000; 2023 AED 7,900,000; 2024 AED 6,800,000Sold by developer, May 2019: AED 3,568,000 (AED 2,085 per sqft)

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

Rents
Unit 303, each contractTypical two-bed in Bluewaters Residences 1
200K400K2021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 245,000; 2024 AED 400,000; 2025 AED 360,000; 2026 AED 479,167New contract, April 2025: AED 340,000 a yearNew contract, April 2025: AED 340,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bluewaters Residences 1, and where 303 sits

All 16 2-beds →

303 last sold in May 2019 at AED 2,085 per sqft, 7% below what two-beds in Bluewaters Residences 1 were fetching at the time (AED 2,251). Over the last 12 months two-beds sold for AED 7,100,000, around AED 4,736 per sqft, and rent for AED 397,861 to 530,000 a year. 303's AED 340,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20267,100,000
22 May 20256,050,000
15 Nov 20246,800,000
20 Sep 20244,700,000
1 2-bed sale in the last 12 months

Bluewaters Residences 1

Building

41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.

Typical price per sqft
AED 4,736
Typical sale
AED 7.1M
Typical rent
AED 500K /yr
Typical yield
6.0%
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 41 units in Bluewaters Residences 1
Value
3012-bedAED 8.5M · Feb 2023
3022-bedAED 6.1M · Sep 2022
3044-bedAED 6.3M · Mar 2021
3053-bedAED 3.8M · Sep 2020
3064-bedAED 5.75M · Nov 2020

303, Bluewaters Residences 1 in numbers

  • Sold once: by Blue Waters Residential on 9 May 2019 for AED 3,568,000, or AED 2,085 per sqft.
  • Rented since April 2025 on 2 Ejari contracts, at AED 340,000 a year.
  • At AED 340,000 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 49,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 1 sold for AED 7,100,000–7,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,736 per sqft.

Source: Dubai Land Department. Updated 4 April 2025.

Questions about 303, Bluewaters Residences 1

What did unit 303 last sell for?

AED 3,568,000 on 9 May 2019, sold by the developer: AED 2,085 per sqft for 1,711 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 340,000 a year on the contract signed on 4 April 2025. The previous contract, from April 2025, was AED 340,000.

How big is unit 303?

1,711 sqft (159.0 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 1 sold for AED 7,100,000 to 7,100,000 in the last 12 months, around AED 4,736 per sqft.

Selling 303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 303, Bluewaters Residences 1

Starts from the last sale price (AED 3.57M, 9 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,568,000
Deposit, UAE resident (20%)
AED 713,600
Deposit, non-resident (40%)
AED 1,427,200
Monthly over 25 years at 3.7%
AED 14,598

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →