502, Bluewaters Residences 3
Sold prices and rental history: sold twice, last in May 2023, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Bluewaters Residences 3
What is 502 worth today?
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Source: Dubai Land Department. Updated 30 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,307 sqft
- Floor
- 5th of 8
- Parking
- G225
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 37,900 /yr
- Last sold
- AED 5.05M · May 2023
- Building
- Bluewaters Residences 3
About 502, Bluewaters Residences 3
502 is a one-bedroom apartment of 1,307 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 30 May 2023 for AED 5,050,000, or AED 3,864 per sqft, in line with the AED 3,754 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 December 2020. The current contract, signed on 13 December 2020, is AED 135,000 a year: a gross yield of 2.7% on the 2023 price, before the service charge of about AED 37,900 a year.
Sales and rents for 502 over time
502 has sold twice; the dashed line is the one-bed median of each year in the building.
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 502 sits
All 28 1-beds →502 last sold in May 2023 at AED 3,864 per sqft, in line with what one-beds in Bluewaters Residences 3 were fetching at the time (AED 3,754). 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. 502's AED 135,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Jun 202619 June 2026 | 1,138 sqft | 5,225,000 | 4,590 | ||
| 19 Jun 202619 June 2026 | 1,138 sqft | 5,225,000 | 4,590 | ||
| 14 May 202614 May 2026 | 821 sqft | 4,000,000 | 4,872 | ||
| 17 Mar 202617 March 2026 | 1,138 sqft | 5,500,000 | 4,834 |
Bluewaters Residences 3
Building91 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%
Other units on the 5th floor
All 91 units in Bluewaters Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,129 sqft | AED 12.69MAED 12,690,000 · Nov 2023November 2023 | 830,000 /yr | |
| 503 | 1-bed | 1,119 sqft | AED 5.88MAED 5,875,000 · Apr 2024April 2024 | 290,000 /yr | |
| 504 | 1-bed | 1,138 sqft | AED 5.5MAED 5,500,000 · Mar 2026March 2026 | 120,000 /yr | |
| 505 | 1-bed | 1,133 sqft | AED 2.4MAED 2,395,000 · Jul 2018July 2018 | 280,000 /yr | |
| 506 | 2-bed | 1,641 sqft | AED 3.54MAED 3,537,000 · Jun 2018June 2018 | ||
| 507 | 4-bed | 2,459 sqft | AED 12.3MAED 12,300,000 · Jul 2022July 2022 | 1,300,000 /yr | |
| 508 | 3-bed | 2,033 sqft | AED 4.54MAED 4,540,000 · Feb 2018February 2018 | ||
| 509 | 2-bed | 1,595 sqft | AED 3.68MAED 3,681,000 · Oct 2017October 2017 | 375,000 /yr | |
| 510 | 2-bed | 1,450 sqft | AED 3.36MAED 3,356,000 · Jul 2018July 2018 | 213,840 /yr | |
| 511 | 3-bed | 2,023 sqft | AED 6.3MAED 6,300,000 · Aug 2021August 2021 | 512,500 /yr |
502, Bluewaters Residences 3 in numbers
- Sold twice: first on 28 September 2017 for AED 2,620,000, last on 30 May 2023 for AED 5,050,000 (AED 3,864 per sqft).
- Rented since December 2020 on one Ejari contract, at AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2023 price is 2.7%, before a service charge of about AED 37,900 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 30 May 2023.
Questions about 502, Bluewaters Residences 3
What did unit 502 last sell for?
AED 5,050,000 on 30 May 2023: AED 3,864 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 2,620,000 in September 2017.
What is the rent for unit 502?
AED 135,000 a year on the contract signed on 13 December 2020.
How big is unit 502?
1,307 sqft (121.4 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 502 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 502, Bluewaters Residences 3
Starts from the last sale price (AED 5.05M, 30 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,050,000
- Deposit, UAE resident (20%)
- AED 1,010,000
- Deposit, non-resident (40%)
- AED 2,020,000
- Monthly over 25 years at 3.7%
- AED 20,661
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →