2-bed · 1,463 sqftBluewaters Residences 3, Bluewaters Island · 1st floor · completed 2019

109, Bluewaters Residences 3

Sold prices and rental history: sold 3 times, last in June 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 26 June 2023
Last soldAED 7.5M26 June 2023
Current rentAED 165K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Bluewaters Residences 3

What is 109 worth today?

Last sold for AED 7,500,000 in 2023

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26 Jun 2023SoldReady
AED 7,500,000AED 5,127 per sqft
29 Dec 2022SoldReady
AED 5,200,000AED 3,555 per sqft
1 Dec 2021RentedRenewal
AED 165,000/yr12 months · AED 114 per sqft
1 Dec 2020RentedRenewal
AED 150,000/yr12 months · AED 103 per sqft
1 Dec 2019RentedNew contract
AED 150,000/yr12 months · AED 102 per sqft
23 Jul 2019Sold by developerReady
AED 3,243,000AED 2,217 per sqft

Source: Dubai Land Department. Updated 26 June 2023.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
1st of 8
Parking
B269
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,400 /yr
Last sold
AED 7.5M · June 2023

About 109, Bluewaters Residences 3

109 is a two-bedroom apartment of 1,463 sqft on the 1st floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 26 June 2023 for AED 7,500,000, or AED 5,127 per sqft, 15% above the AED 4,454 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 165,000 a year: a gross yield of 2.2% on the 2023 price, before the service charge of about AED 42,400 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Bluewaters Residences 3
5M10M2017202020232026Typical sale price by year: 2017 AED 3,626,000; 2018 AED 3,390,000; 2019 AED 3,467,000; 2020 AED 3,511,000; 2021 AED 3,940,500; 2022 AED 5,600,000; 2023 AED 7,500,000; 2025 AED 9,650,000Sold by developer, July 2019: AED 3,243,000 (AED 2,217 per sqft)Sold, December 2022: AED 5,200,000 (AED 3,555 per sqft)Sold, June 2023: AED 7,500,000 (AED 5,127 per sqft)

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

Rents
Unit 109, each contractTypical two-bed in Bluewaters Residences 3
200K400K20192021202320252027Typical rent by year: 2019 AED 175,000; 2020 AED 186,625; 2021 AED 169,125; 2022 AED 300,000; 2023 AED 385,000; 2024 AED 462,500; 2025 AED 325,000; 2026 AED 375,000New contract, December 2019: AED 150,000 a yearRenewal, December 2020: AED 150,000 a yearRenewal, December 2021: AED 165,000 a year

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 3, and where 109 sits

All 31 2-beds →

109 last sold in June 2023 at AED 5,127 per sqft, 15% above what two-beds in Bluewaters Residences 3 were fetching at the time (AED 4,454). Over the last 12 months two-beds sold for AED 3,467,000 to 11,150,000, around AED 4,551 per sqft, and rent for AED 321,000 to 550,000 a year. 109's AED 165,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 202511,150,000
11 Dec 20253,467,000
22 Oct 20259,650,000
23 Sep 202510,000,000
2 2-bed sales in the last 12 months

Bluewaters Residences 3

Building

91 apartments, 1-bed to 4-bed over 8 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 15 sold in the last 12 months.

Typical price per sqft
AED 5,346 Down 8.8%
Typical sale
AED 6.25M
Typical rent
AED 368K /yr
Typical yield
4.8%
Bluewaters Residences 3, Bluewaters Island: prices, sales and rents →

Other units on the 1st floor

All 91 units in Bluewaters Residences 3
Value
1012-bedAED 3.98M · Feb 2021
1021-bedAED 2.24M · May 2019
1032-bedAED 8.3M · Mar 2025
1042-bedAED 3.27M · Dec 2019
1052-bedAED 3.71M · Jul 2019
1062-bedAED 3.96M · Oct 2017
1072-bedAED 2.83M · Aug 2017
1–7 of 10

109, Bluewaters Residences 3 in numbers

  • Sold 3 times: first on 23 July 2019 for AED 3,243,000, last on 26 June 2023 for AED 7,500,000 (AED 5,127 per sqft).
  • Rented since December 2019 on 3 Ejari contracts, from AED 150,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2023 price is 2.2%, before a service charge of about AED 42,400 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 3 sold for AED 3,467,000–11,150,000 in the 12 months to November 2026; the building's median across all types is AED 5,346 per sqft.

Source: Dubai Land Department. Updated 26 June 2023.

Questions about 109, Bluewaters Residences 3

What did unit 109 last sell for?

AED 7,500,000 on 26 June 2023: AED 5,127 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 3,243,000 in July 2019.

What is the rent for unit 109?

AED 165,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 150,000; the unit has been rented since December 2019.

How big is unit 109?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2019.

What is unit 109 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 3 sold for AED 3,467,000 to 11,150,000 in the last 12 months, around AED 4,551 per sqft.

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Mortgage on 109, Bluewaters Residences 3

Starts from the last sale price (AED 7.5M, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,500,000
Deposit, UAE resident (20%)
AED 1,500,000
Deposit, non-resident (40%)
AED 3,000,000
Monthly over 25 years at 3.7%
AED 30,685

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