2-bed · 1,641 sqftBluewaters Residences 3, Bluewaters Island · 5th floor · completed 2019

506, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 28 June 2018
Last soldAED 3.54M28 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Bluewaters Residences 3

What is 506 worth today?

Last sold for AED 3,537,000 in 2018

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28 Jun 2018Sold by developerOff-plan
AED 3,537,000AED 2,155 per sqft

Source: Dubai Land Department. Updated 28 June 2018.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
5th of 8
Parking
G206
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 3.54M · June 2018

About 506, Bluewaters Residences 3

506 is a two-bedroom apartment of 1,641 sqft on the 5th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 28 June 2018 for AED 3,537,000, or AED 2,155 per sqft, 5% below the AED 2,278 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, June 2018: AED 3,537,000 (AED 2,155 per sqft)

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

Rents
Unit 506, 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 375,000

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 506 sits

All 31 2-beds →

506 last sold in June 2018 at AED 2,155 per sqft, 5% below what two-beds in Bluewaters Residences 3 were fetching at the time (AED 2,278). 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.

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 5th floor

All 91 units in Bluewaters Residences 3
Value
5013-bedAED 12.69M · Nov 2023
5021-bedAED 5.05M · May 2023
5031-bedAED 5.88M · Apr 2024
5041-bedAED 5.5M · Mar 2026
5051-bedAED 2.4M · Jul 2018
5074-bedAED 12.3M · Jul 2022
5083-bedAED 4.54M · Feb 2018
1–7 of 10

506, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 28 June 2018 for AED 3,537,000, or AED 2,155 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 28 June 2018.

Questions about 506, Bluewaters Residences 3

What did unit 506 last sell for?

AED 3,537,000 on 28 June 2018, sold by the developer: AED 2,155 per sqft for 1,641 sqft. It is the only registered sale of the unit.

How big is unit 506?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 506 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 506, Bluewaters Residences 3

Starts from the last sale price (AED 3.54M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,537,000
Deposit, UAE resident (20%)
AED 707,400
Deposit, non-resident (40%)
AED 1,414,800
Monthly over 25 years at 3.7%
AED 14,471

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