3-bed · 2,061 sqftBluewaters Residences 2, Bluewaters Island · 3rd floor · completed 2019

312, Bluewaters Residences 2

Sold prices and rental history: sold 3 times, last in April 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 11.2M23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Bluewaters Residences 2

What is 312 worth today?

Last sold for AED 11,200,000 in 2024

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23 Apr 2024SoldReady
AED 11,200,000AED 5,434 per sqft
9 Jun 2022SoldReady
AED 8,500,000AED 4,124 per sqft
27 Nov 2019Sold by developerReady
AED 4,518,000AED 2,192 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
3-bed apartment
Size
2,061 sqft
Floor
3rd of 7
Parking
B343, B344
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,700 /yr
Last sold
AED 11.2M · April 2024

About 312, Bluewaters Residences 2

312 is a three-bedroom apartment of 2,061 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 23 April 2024 for AED 11,200,000, or AED 5,434 per sqft, 8% below the AED 5,925 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 312 over time

Sales
Unit 312, 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 4,518,000 (AED 2,192 per sqft)Sold, June 2022: AED 8,500,000 (AED 4,124 per sqft)Sold, April 2024: AED 11,200,000 (AED 5,434 per sqft)

312 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 312, each contractTypical three-bed in Bluewaters Residences 2
200K400K600K20192021202320252027Typical 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 640,000

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 312 sits

All 25 3-beds →

312 last sold in April 2024 at AED 5,434 per sqft, 8% below what three-beds in Bluewaters Residences 2 were fetching at the time (AED 5,925). 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.

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

312, Bluewaters Residences 2 in numbers

  • Sold 3 times: first on 27 November 2019 for AED 4,518,000, last on 23 April 2024 for AED 11,200,000 (AED 5,434 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 23 April 2024.

Questions about 312, Bluewaters Residences 2

What did unit 312 last sell for?

AED 11,200,000 on 23 April 2024: AED 5,434 per sqft for 2,061 sqft. The unit has 3 registered sales; the first was AED 4,518,000 in November 2019.

How big is unit 312?

2,061 sqft (191.5 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 312 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 312, Bluewaters Residences 2

Starts from the last sale price (AED 11.2M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,200,000
Deposit, UAE resident (20%)
AED 2,240,000
Deposit, non-resident (40%)
AED 4,480,000
Monthly over 25 years at 3.7%
AED 45,823

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