503, Bluewaters Residences 3
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Bluewaters Residences 3
What is 503 worth today?
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Source: Dubai Land Department. Updated 19 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,119 sqft
- Floor
- 5th of 8
- Parking
- G214
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 32,400 /yr
- Last sold
- AED 5.88M · April 2024
- Building
- Bluewaters Residences 3
About 503, Bluewaters Residences 3
503 is a one-bedroom apartment of 1,119 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 19 April 2024 for AED 5,875,000, or AED 5,252 per sqft, 12% above the AED 4,676 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 13 April 2023, is AED 290,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 32,400 a year.
Sales and rents for 503 over time
503 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 503 sits
All 28 1-beds →503 last sold in April 2024 at AED 5,252 per sqft, 12% above what one-beds in Bluewaters Residences 3 were fetching at the time (AED 4,676). 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. 503's AED 290,000 is in the lower half 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 | |
| 502 | 1-bed | 1,307 sqft | AED 5.05MAED 5,050,000 · May 2023May 2023 | 135,000 /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 |
503, Bluewaters Residences 3 in numbers
- Sold twice: first on 16 October 2017 for AED 2,602,000, last on 19 April 2024 for AED 5,875,000 (AED 5,252 per sqft).
- Rented since March 2019 on 5 Ejari contracts, from AED 140,000 to AED 290,000 a year.
- At AED 290,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 32,400 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 19 April 2024.
Questions about 503, Bluewaters Residences 3
What did unit 503 last sell for?
AED 5,875,000 on 19 April 2024: AED 5,252 per sqft for 1,119 sqft. The unit has 2 registered sales; the first was AED 2,602,000 in October 2017.
What is the rent for unit 503?
AED 290,000 a year on the contract signed on 13 April 2023. The previous contract, from April 2022, was AED 210,000; the unit has been rented since March 2019.
How big is unit 503?
1,119 sqft (104.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 503 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 503, Bluewaters Residences 3
Starts from the last sale price (AED 5.88M, 19 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 5,875,000
- Deposit, UAE resident (20%)
- AED 1,175,000
- Deposit, non-resident (40%)
- AED 2,350,000
- Monthly over 25 years at 3.7%
- AED 24,036
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →