3-bed · 1,988 sqftBluewaters Residences 2, Bluewaters Island · 3rd floor · completed 2019

309, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 4.56M27 November 2019
Current rentAED 560K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Bluewaters Residences 2

What is 309 worth today?

Last sold for AED 4,562,000 in 2019

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15 Aug 2026RentedNew contract
AED 560,000/yr12 months · AED 281 per sqft
15 Aug 2023RentedNew contract
AED 570,000/yr12 months · AED 286 per sqft
1 Jun 2022RentedNew contract
AED 420,000/yr12 months · AED 211 per sqft
5 Apr 2021RentedNew contract
AED 300,000/yr12 months · AED 151 per sqft
27 Nov 2019Sold by developerReady
AED 4,562,000AED 2,294 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
3-bed apartment
Size
1,988 sqft
Floor
3rd of 7
Parking
B391, B392
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 57,600 /yr
Last sold
AED 4.56M · November 2019

About 309, Bluewaters Residences 2

309 is a three-bedroom apartment of 1,988 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 27 November 2019 for AED 4,562,000, or AED 2,294 per sqft, in line with the AED 2,273 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 August 2026, is AED 560,000 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 57,600 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical three-bed in Bluewaters Residences 2
5M10M2019202120232025Typical sale price by year: 2019 AED 4,630,500; 2020 AED 4,074,575; 2022 AED 7,700,000; 2024 AED 12,750,000; 2025 AED 12,250,000Sold by developer, November 2019: AED 4,562,000 (AED 2,294 per sqft)

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

Rents
Unit 309, each contractTypical three-bed in Bluewaters Residences 2
200K400K600K201920222025Typical rent by year: 2019 AED 248,750; 2020 AED 230,000; 2021 AED 300,000; 2022 AED 450,000; 2023 AED 625,000; 2024 AED 595,500; 2025 AED 600,000; 2026 AED 640,000New contract, April 2021: AED 300,000 a yearNew contract, June 2022: AED 420,000 a yearNew contract, August 2023: AED 570,000 a yearNew contract, August 2026: AED 560,000 a year

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

3-beds in Bluewaters Residences 2, and where 309 sits

All 25 3-beds →

309 last sold in November 2019 at AED 2,294 per sqft, in line with what three-beds in Bluewaters Residences 2 were fetching at the time (AED 2,273). Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year. 309's AED 560,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202612,000,000
10 Feb 202611,500,000
26 Dec 202512,600,000
18 Dec 202511,900,000
5 3-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
3074-bedAED 5.74M · Jun 2019
1–7 of 11

309, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 27 November 2019 for AED 4,562,000, or AED 2,294 per sqft.
  • Rented since April 2021 on 4 Ejari contracts, from AED 300,000 to AED 560,000 a year.
  • At AED 560,000 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 57,600 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 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 15 August 2026.

Questions about 309, Bluewaters Residences 2

What did unit 309 last sell for?

AED 4,562,000 on 27 November 2019, sold by the developer: AED 2,294 per sqft for 1,988 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 560,000 a year on the contract signed on 15 August 2026. The previous contract, from August 2023, was AED 570,000; the unit has been rented since April 2021.

How big is unit 309?

1,988 sqft (184.7 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 309 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.

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Mortgage on 309, Bluewaters Residences 2

Starts from the last sale price (AED 4.56M, 27 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,562,000
Deposit, UAE resident (20%)
AED 912,400
Deposit, non-resident (40%)
AED 1,824,800
Monthly over 25 years at 3.7%
AED 18,665

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