308, Bluewaters Residences 2
Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Bluewaters Residences 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 11 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,489 sqft
- Floor
- 3rd of 7
- Parking
- G125
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 43,200 /yr
- Last sold
- AED 10.5M · March 2024
- Building
- Bluewaters Residences 2
About 308, Bluewaters Residences 2
308 is a two-bedroom apartment of 1,489 sqft on the 3rd floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 11 March 2024 for AED 10,500,000, or AED 7,052 per sqft, 41% above the AED 5,014 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 235,000 a year: a gross yield of 2.2% on the 2024 price, before the service charge of about AED 43,200 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 2, and where 308 sits
All 38 2-beds →308 last sold in March 2024 at AED 7,052 per sqft, 41% above what two-beds in Bluewaters Residences 2 were fetching at the time (AED 5,014). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,298 per sqft, and rent for AED 280,000 to 480,000 a year. 308's AED 235,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,536 sqft | 6,600,000 | 4,298 | ||
| 28 Jan 202628 January 2026 | 1,826 sqft | 4,267,093 | 2,336 | ||
| 8 Dec 20258 December 2025 | 1,488 sqft | 9,000,000 | 6,047 | ||
| 24 Sep 202524 September 2025 | 1,760 sqft | 11,000,000 | 6,251 |
Bluewaters Residences 2
Building81 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%
Other units on the 3rd floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 2,115 sqft | AED 7.7MAED 7,700,000 · Jan 2023January 2023 | ||
| 302 | 2-bed | 1,512 sqft | AED 5.01MAED 5,012,500 · Oct 2022October 2022 | 150,000 /yr | |
| 303 | 2-bed | 1,676 sqft | AED 6.85MAED 6,850,000 · Feb 2023February 2023 | ||
| 304 | 2-bed | 1,535 sqft | AED 9MAED 9,000,000 · Jul 2023July 2023 | 180,000 /yr | |
| 305 | 2-bed | 1,510 sqft | AED 7.29MAED 7,290,000 · Mar 2025March 2025 | ||
| 306 | 2-bed | 1,635 sqft | AED 3.5MAED 3,500,000 · Nov 2019November 2019 | ||
| 307 | 4-bed | 2,468 sqft | AED 5.74MAED 5,743,000 · Jun 2019June 2019 | 1,150,000 /yr | |
| 309 | 3-bed | 1,988 sqft | AED 4.56MAED 4,562,000 · Nov 2019November 2019 | 560,000 /yr | |
| 310 | 3-bed | 1,989 sqft | AED 13.5MAED 13,500,000 · May 2024May 2024 | 700,000 /yr | |
| 311 | 1-bed | 1,146 sqft | AED 5.9MAED 5,900,000 · Feb 2026February 2026 | 350,000 /yr | |
| 312 | 3-bed | 2,061 sqft | AED 11.2MAED 11,200,000 · Apr 2024April 2024 |
308, Bluewaters Residences 2 in numbers
- Sold 3 times: first on 2 September 2019 for AED 3,514,000, last on 11 March 2024 for AED 10,500,000 (AED 7,052 per sqft).
- Rented since September 2019 on 4 Ejari contracts, from AED 165,000 to AED 235,000 a year.
- At AED 235,000 a year the gross yield on the 2024 price is 2.2%, before a service charge of about AED 43,200 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.
Source: Dubai Land Department. Updated 11 March 2024.
Questions about 308, Bluewaters Residences 2
What did unit 308 last sell for?
AED 10,500,000 on 11 March 2024: AED 7,052 per sqft for 1,489 sqft. The unit has 3 registered sales; the first was AED 3,514,000 in September 2019.
What is the rent for unit 308?
AED 235,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 225,000; the unit has been rented since September 2019.
How big is unit 308?
1,489 sqft (138.3 sqm): a two-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.
What is unit 308 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 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,298 per sqft.
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Mortgage on 308, Bluewaters Residences 2
Starts from the last sale price (AED 10.5M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 10,500,000
- Deposit, UAE resident (20%)
- AED 2,100,000
- Deposit, non-resident (40%)
- AED 4,200,000
- Monthly over 25 years at 3.7%
- AED 42,959
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →