4-bed · 2,468 sqftBluewaters Residences 2, Bluewaters Island · 3rd floor · completed 2019

307, Bluewaters Residences 2

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

Unit 307 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 5.74M20 June 2019
Current rentAED 1.15M /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Bluewaters Residences 2

What is 307 worth today?

Last sold for AED 5,743,000 in 2019

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1 Sep 2024RentedNew contract · flagged as an outlier
AED 1,150,000/yr36 months · AED 467 per sqft
21 Oct 2022RentedNew contract · flagged as an outlier
AED 1,300,000/yr12 months · AED 527 per sqft
1 Jul 2021RentedNew contract
AED 550,000/yr24 months · AED 223 per sqft
8 Jun 2020RentedRenewal
AED 330,000/yr12 months · AED 134 per sqft
20 Jun 2019Sold by developerReady
AED 5,743,000AED 2,327 per sqft
8 Jun 2019RentedNew contract
AED 330,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
4-bed apartment
Size
2,468 sqft
Floor
3rd of 7
Parking
B253, B254
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,500 /yr
Last sold
AED 5.74M · June 2019

About 307, Bluewaters Residences 2

307 is a four-bedroom apartment of 2,468 sqft on the 3rd floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 20 June 2019 for AED 5,743,000, or AED 2,327 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 1,150,000 a year: a gross yield of 20.0% on the 2019 price, before the service charge of about AED 71,500 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical four-bed in Bluewaters Residences 2
5M10M20192020202120222023Typical sale price by year: 2019 AED 5,776,000; 2022 AED 12,200,000Sold by developer, June 2019: AED 5,743,000 (AED 2,327 per sqft)

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

Rents
Unit 307, each contractTypical four-bed in Bluewaters Residences 2
400K2019202020212022Typical rent by year: 2019 AED 350,000; 2020 AED 320,000; 2021 AED 350,000New contract, June 2019: AED 330,000 a yearRenewal, June 2020: AED 330,000 a yearNew contract, July 2021: AED 550,000 a year

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 2, and where 307 sits

All 7 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
26 Oct 20239,000,000
27 Dec 202214,400,000
13 Dec 20225,894,000
18 Jul 202213,200,000
0 4-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,730 Up 14.6%
Typical sale
AED 10.13M
Typical rent
AED 400K /yr
Typical yield
4.9%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 81 units in Bluewaters Residences 2
Value
3013-bedAED 7.7M · Jan 2023
3022-bedAED 5.01M · Oct 2022
3032-bedAED 6.85M · Feb 2023
3042-bedAED 9M · Jul 2023
3052-bedAED 7.29M · Mar 2025
3062-bedAED 3.5M · Nov 2019
3082-bedAED 10.5M · Mar 2024
1–7 of 11

307, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 20 June 2019 for AED 5,743,000, or AED 2,327 per sqft.
  • Rented since June 2019 on 5 Ejari contracts, from AED 330,000 to AED 1,150,000 a year.
  • At AED 1,150,000 a year the gross yield on the 2019 price is 20.0%, before a service charge of about AED 71,500 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 307, Bluewaters Residences 2

What did unit 307 last sell for?

AED 5,743,000 on 20 June 2019, sold by the developer: AED 2,327 per sqft for 2,468 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 1,150,000 a year on the contract signed on 1 September 2024. The previous contract, from October 2022, was AED 1,300,000; the unit has been rented since June 2019.

How big is unit 307?

2,468 sqft (229.3 sqm): a four-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 307 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 307, Bluewaters Residences 2

Starts from the last sale price (AED 5.74M, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 5,743,000
Deposit, UAE resident (20%)
AED 1,148,600
Deposit, non-resident (40%)
AED 2,297,200
Monthly over 25 years at 3.7%
AED 23,496

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