306, Bluewaters Residences 1
Sold prices and rental history: sold twice, last in November 2020, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Bluewaters Residences 1
What is 306 worth today?
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Source: Dubai Land Department. Updated 27 August 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 2,474 sqft
- Floor
- 3rd of 6
- Parking
- G160, G161
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 71,700 /yr
- Last sold
- AED 5.75M · November 2020
- Building
- Bluewaters Residences 1
About 306, Bluewaters Residences 1
306 is a four-bedroom apartment of 2,474 sqft on the 3rd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 15 November 2020 for AED 5,750,000, or AED 2,324 per sqft, 14% above the AED 2,044 four-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 27 August 2026, is AED 800,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 71,700 a year.
Sales and rents for 306 over time
306 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Bluewaters Residences 1, and where 306 sits
All 17 4-beds →306 last sold in November 2020 at AED 2,324 per sqft, 14% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,044). 306's AED 800,000 is in the lower half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 2,563 sqft | 16,900,000 | 6,594 | ||
| 29 May 202329 May 2023 | 2,563 sqft | 19,400,000 | 7,570 | ||
| 17 Mar 202317 March 2023 | 2,473 sqft | 19,100,000 | 7,721 | ||
| 8 Feb 20238 February 2023 | 2,563 sqft | 16,600,000 | 6,477 |
Bluewaters Residences 1
Building41 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%
Other units on the 3rd floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,767 sqft | AED 8.5MAED 8,500,000 · Feb 2023February 2023 | ||
| 302 | 2-bed | 1,479 sqft | AED 6.1MAED 6,100,000 · Sep 2022September 2022 | 425,000 /yr | |
| 303 | 2-bed | 1,711 sqft | AED 3.57MAED 3,568,000 · May 2019May 2019 | 340,000 /yr | |
| 304 | 4-bed | 2,563 sqft | AED 6.3MAED 6,300,000 · Mar 2021March 2021 | 1,050,000 /yr | |
| 305 | 3-bed | 2,175 sqft | AED 3.8MAED 3,800,000 · Sep 2020September 2020 | 290,000 /yr |
306, Bluewaters Residences 1 in numbers
- Sold twice: first on 29 September 2019 for AED 5,580,000, last on 15 November 2020 for AED 5,750,000 (AED 2,324 per sqft).
- Rented since May 2022 on 4 Ejari contracts, from AED 1,000,000 to AED 800,000 a year.
- At AED 800,000 a year the gross yield on the 2020 price is 13.9%, before a service charge of about AED 71,700 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 27 August 2026.
Questions about 306, Bluewaters Residences 1
What did unit 306 last sell for?
AED 5,750,000 on 15 November 2020: AED 2,324 per sqft for 2,474 sqft. The unit has 2 registered sales; the first was AED 5,580,000 in September 2019.
What is the rent for unit 306?
AED 800,000 a year on the contract signed on 27 August 2026. The previous contract, from August 2025, was AED 800,000; the unit has been rented since May 2022.
How big is unit 306?
2,474 sqft (229.8 sqm): a four-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 306, Bluewaters Residences 1
Starts from the last sale price (AED 5.75M, 15 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 5,750,000
- Deposit, UAE resident (20%)
- AED 1,150,000
- Deposit, non-resident (40%)
- AED 2,300,000
- Monthly over 25 years at 3.7%
- AED 23,525
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →