2-bed · 1,594 sqftBluewaters Residences 3, Bluewaters Island · 3rd floor · completed 2019

309, Bluewaters Residences 3

Sold prices and rental history: sold 4 times, last in February 2025, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 10.5M26 February 2025
Current rentAED 500K /yr14 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Bluewaters Residences 3

What is 309 worth today?

Last sold for AED 10,500,000 in 2025

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26 Feb 2025SoldReady
AED 10,500,000AED 6,587 per sqft
19 Feb 2025SoldReady
AED 9,000,000AED 5,646 per sqft
14 Jun 2023RentedNew contract
AED 500,000/yr12 months · AED 314 per sqft
8 Aug 2022SoldReady
AED 7,100,000AED 4,454 per sqft
26 Sep 2017Sold by developerOff-plan
AED 3,608,000AED 2,263 per sqft

Source: Dubai Land Department. Updated 26 February 2025.

Key facts

Type
2-bed apartment
Size
1,594 sqft
Floor
3rd of 8
Parking
G205
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,200 /yr
Last sold
AED 10.5M · February 2025

About 309, Bluewaters Residences 3

309 is a two-bedroom apartment of 1,594 sqft on the 3rd floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 26 February 2025 for AED 10,500,000, or AED 6,587 per sqft, 8% above the AED 6,117 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 June 2023. The current contract, signed on 14 June 2023, is AED 500,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 46,200 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, September 2017: AED 3,608,000 (AED 2,263 per sqft)Sold, August 2022: AED 7,100,000 (AED 4,454 per sqft)Sold, February 2025: AED 10,500,000 (AED 6,587 per sqft)Sold, February 2025: AED 9,000,000 (AED 5,646 per sqft)

309 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 309, 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, June 2023: AED 500,000 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 309 sits

All 31 2-beds →

309 last sold in February 2025 at AED 6,587 per sqft, 8% above what two-beds in Bluewaters Residences 3 were fetching at the time (AED 6,117). 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. 309's AED 500,000 is in the upper half 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 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
3051-bedAED 2.35M · Aug 2018
3062-bedAED 3.47M · Dec 2025
3074-bedAED 5.51M · Apr 2018
1–7 of 10

309, Bluewaters Residences 3 in numbers

  • Sold 4 times: first on 26 September 2017 for AED 3,608,000, last on 26 February 2025 for AED 10,500,000 (AED 6,587 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2025 price is 4.8%, before a service charge of about AED 46,200 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 February 2025.

Questions about 309, Bluewaters Residences 3

What did unit 309 last sell for?

AED 10,500,000 on 26 February 2025: AED 6,587 per sqft for 1,594 sqft. The unit has 4 registered sales; the first was AED 3,608,000 in September 2017.

What is the rent for unit 309?

AED 500,000 a year on the contract signed on 14 June 2023.

How big is unit 309?

1,594 sqft (148.1 sqm): a two-bedroom apartment on the 3rd floor of a 8-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. 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 309, Bluewaters Residences 3

Starts from the last sale price (AED 10.5M, 26 February 2025). 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 →