3-bed · 2,033 sqftBluewaters Residences 3, Bluewaters Island · 4th floor · completed 2019

408, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 9 November 2017
Last soldAED 4.5M9 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Bluewaters Residences 3

What is 408 worth today?

Last sold for AED 4,495,000 in 2017

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9 Nov 2017Sold by developerOff-plan
AED 4,495,000AED 2,210 per sqft

Source: Dubai Land Department. Updated 9 November 2017.

Key facts

Type
3-bed apartment
Size
2,033 sqft
Floor
4th of 8
Parking
B432, B433
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,900 /yr
Last sold
AED 4.5M · November 2017

About 408, Bluewaters Residences 3

408 is a three-bedroom apartment of 2,033 sqft on the 4th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 9 November 2017 for AED 4,495,000, or AED 2,210 per sqft, in line with the AED 2,210 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in Bluewaters Residences 3
5M10M2017202020232026Typical sale price by year: 2017 AED 4,586,000; 2018 AED 4,751,000; 2019 AED 4,607,000; 2022 AED 7,275,000; 2023 AED 11,600,000; 2024 AED 12,000,000; 2025 AED 12,150,000Sold by developer, November 2017: AED 4,495,000 (AED 2,210 per sqft)

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

Rents
Unit 408, each contractTypical three-bed in Bluewaters Residences 3
200K300K400K2019202120232025Typical rent by year: 2019 AED 240,000; 2020 AED 230,000; 2021 AED 244,654; 2022 AED 390,000; 2023 AED 449,566; 2025 AED 390,000

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 3, and where 408 sits

All 21 3-beds →

408 last sold in November 2017 at AED 2,210 per sqft, in line with what three-beds in Bluewaters Residences 3 were fetching at the time (AED 2,210). Over the last 12 months three-beds sold for AED 12,150,000 to 14,800,000, around AED 6,882 per sqft, and rent for AED 475,000 to 475,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Feb 202614,500,000
12 Jan 202614,300,000
25 Dec 202512,150,000
11 Dec 202514,800,000
4 3-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 4th floor

All 91 units in Bluewaters Residences 3
Value
4013-bedAED 4.82M · Nov 2019
4021-bedAED 2.59M · Sep 2017
4031-bedAED 4M · Feb 2023
4041-bedAED 5.23M · Jun 2026
4051-bedAED 2.37M · Jul 2018
4062-bedAED 8.2M · May 2025
4074-bedAED 5.56M · Apr 2018
1–7 of 10

408, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 9 November 2017 for AED 4,495,000, or AED 2,210 per sqft.
  • Three-beds in Bluewaters Residences 3 sold for AED 12,150,000–14,800,000 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 9 November 2017.

Questions about 408, Bluewaters Residences 3

What did unit 408 last sell for?

AED 4,495,000 on 9 November 2017, sold by the developer: AED 2,210 per sqft for 2,033 sqft. It is the only registered sale of the unit.

How big is unit 408?

2,033 sqft (188.9 sqm): a three-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 408 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 3 sold for AED 12,150,000 to 14,800,000 in the last 12 months, around AED 6,882 per sqft.

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Mortgage on 408, Bluewaters Residences 3

Starts from the last sale price (AED 4.5M, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,495,000
Deposit, UAE resident (20%)
AED 899,000
Deposit, non-resident (40%)
AED 1,798,000
Monthly over 25 years at 3.7%
AED 18,390

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