1-bed · 1,133 sqftBluewaters Residences 3, Bluewaters Island · 3rd floor · completed 2019

305, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in August 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 2.35M6 August 2018
Current rentAED 300K /yr27 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Bluewaters Residences 3

What is 305 worth today?

Last sold for AED 2,348,000 in 2018

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27 Oct 2023RentedNew contract
AED 300,000/yr12 months · AED 265 per sqft
8 Jul 2022RentedNew contract
AED 240,000/yr12 months · AED 212 per sqft
28 Apr 2019RentedNew contract
AED 140,000/yr12 months · AED 124 per sqft
6 Aug 2018Sold by developerOff-plan
AED 2,348,000AED 2,072 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
1-bed apartment
Size
1,133 sqft
Floor
3rd of 8
Parking
B180
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 32,800 /yr
Last sold
AED 2.35M · August 2018

About 305, Bluewaters Residences 3

305 is a one-bedroom apartment of 1,133 sqft on the 3rd floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 6 August 2018 for AED 2,348,000, or AED 2,072 per sqft, in line with the AED 2,136 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 27 October 2023, is AED 300,000 a year: a gross yield of 12.8% on the 2018 price, before the service charge of about AED 32,800 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Bluewaters Residences 3
2M4M6M2017202020232026Typical sale price by year: 2017 AED 2,559,000; 2018 AED 2,419,000; 2022 AED 3,721,500; 2023 AED 5,000,000; 2026 AED 5,500,000Sold by developer, August 2018: AED 2,348,000 (AED 2,072 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Bluewaters Residences 3
100K200K300K20192021202320252027Typical rent by year: 2019 AED 130,000; 2020 AED 135,000; 2021 AED 139,500; 2022 AED 200,000; 2023 AED 273,806; 2024 AED 300,000; 2025 AED 325,000; 2026 AED 295,000New contract, April 2019: AED 140,000 a yearNew contract, July 2022: AED 240,000 a yearNew contract, October 2023: AED 300,000 a year

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

1-beds in Bluewaters Residences 3, and where 305 sits

All 28 1-beds →

305 last sold in August 2018 at AED 2,072 per sqft, in line with what one-beds in Bluewaters Residences 3 were fetching at the time (AED 2,136). Over the last 12 months one-beds sold for AED 4,000,000 to 6,250,000, around AED 4,872 per sqft, and rent for AED 240,000 to 400,000 a year. 305's AED 300,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 20265,225,000
19 Jun 20265,225,000
14 May 20264,000,000
17 Mar 20265,500,000
7 1-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 3rd floor

All 91 units in Bluewaters Residences 3
Value
3013-bedAED 11.3M · Jun 2025
3021-bedAED 5M · Feb 2023
3031-bedAED 5.98M · Jan 2026
3041-bedAED 2.36M · Jul 2018
3062-bedAED 3.47M · Dec 2025
3074-bedAED 5.51M · Apr 2018
3083-bedAED 9.6M · Jan 2023
1–7 of 10

305, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 6 August 2018 for AED 2,348,000, or AED 2,072 per sqft.
  • Rented since April 2019 on 3 Ejari contracts, from AED 140,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2018 price is 12.8%, before a service charge of about AED 32,800 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 3 sold for AED 4,000,000–6,250,000 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 27 October 2023.

Questions about 305, Bluewaters Residences 3

What did unit 305 last sell for?

AED 2,348,000 on 6 August 2018, sold by the developer: AED 2,072 per sqft for 1,133 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 300,000 a year on the contract signed on 27 October 2023. The previous contract, from July 2022, was AED 240,000; the unit has been rented since April 2019.

How big is unit 305?

1,133 sqft (105.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2019.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 3 sold for AED 4,000,000 to 6,250,000 in the last 12 months, around AED 4,872 per sqft.

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Mortgage on 305, Bluewaters Residences 3

Starts from the last sale price (AED 2.35M, 6 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,348,000
Deposit, UAE resident (20%)
AED 469,600
Deposit, non-resident (40%)
AED 939,200
Monthly over 25 years at 3.7%
AED 9,606

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