3-bed · 2,129 sqftBluewaters Residences 3, Bluewaters Island · 5th floor · completed 2019

501, Bluewaters Residences 3

Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 19 December 2025
Last soldAED 12.69M21 November 2023
Current rentAED 830K /yr19 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Bluewaters Residences 3

What is 501 worth today?

Last sold for AED 12,690,000 in 2023

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19 Dec 2025RentedNew contract · flagged as an outlier
AED 830,000/yr12 months · AED 390 per sqft
21 Nov 2023SoldReady
AED 12,690,000AED 5,960 per sqft
29 Jun 2022SoldReady
AED 7,650,000AED 3,593 per sqft
10 Dec 2021RentedNew contract
AED 532,000/yr12 months · AED 250 per sqft
24 Nov 2019Sold by developerReady
AED 4,864,000AED 2,284 per sqft

Source: Dubai Land Department. Updated 19 December 2025.

Key facts

Type
3-bed apartment
Size
2,129 sqft
Floor
5th of 8
Parking
B286, B287
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,700 /yr
Last sold
AED 12.69M · November 2023

About 501, Bluewaters Residences 3

501 is a three-bedroom apartment of 2,129 sqft on the 5th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 21 November 2023 for AED 12,690,000, or AED 5,960 per sqft, 19% above the AED 5,026 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 19 December 2025, is AED 830,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 61,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 2019: AED 4,864,000 (AED 2,284 per sqft)Sold, June 2022: AED 7,650,000 (AED 3,593 per sqft)Sold, November 2023: AED 12,690,000 (AED 5,960 per sqft)

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

Rents
Unit 501, each contractTypical three-bed in Bluewaters Residences 3
200K400K2019202120232025Typical 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 390,000New contract, December 2021: AED 532,000 a year

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 501 sits

All 21 3-beds →

501 last sold in November 2023 at AED 5,960 per sqft, 19% above what three-beds in Bluewaters Residences 3 were fetching at the time (AED 5,026). 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 5th floor

All 91 units in Bluewaters Residences 3
Value
5021-bedAED 5.05M · May 2023
5031-bedAED 5.88M · Apr 2024
5041-bedAED 5.5M · Mar 2026
5051-bedAED 2.4M · Jul 2018
5062-bedAED 3.54M · Jun 2018
5074-bedAED 12.3M · Jul 2022
5083-bedAED 4.54M · Feb 2018
1–7 of 10

501, Bluewaters Residences 3 in numbers

  • Sold 3 times: first on 24 November 2019 for AED 4,864,000, last on 21 November 2023 for AED 12,690,000 (AED 5,960 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 532,000 to AED 830,000 a year.
  • At AED 830,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 61,700 a year (AED 28.99 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 19 December 2025.

Questions about 501, Bluewaters Residences 3

What did unit 501 last sell for?

AED 12,690,000 on 21 November 2023: AED 5,960 per sqft for 2,129 sqft. The unit has 3 registered sales; the first was AED 4,864,000 in November 2019.

What is the rent for unit 501?

AED 830,000 a year on the contract signed on 19 December 2025. The previous contract, from December 2021, was AED 532,000.

How big is unit 501?

2,129 sqft (197.8 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 501 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 501, Bluewaters Residences 3

Starts from the last sale price (AED 12.69M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 12,690,000
Deposit, UAE resident (20%)
AED 2,538,000
Deposit, non-resident (40%)
AED 5,076,000
Monthly over 25 years at 3.7%
AED 51,919

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