3-bed · 2,033 sqftBluewaters Residences 3, Bluewaters Island · 5th floor · completed 2019

508, Bluewaters Residences 3

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

Unit 508 · DLD and Ejari recordsUpdated 4 February 2018
Last soldAED 4.54M4 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Bluewaters Residences 3

What is 508 worth today?

Last sold for AED 4,540,000 in 2018

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4 Feb 2018Sold by developerOff-plan
AED 4,540,000AED 2,233 per sqft

Source: Dubai Land Department. Updated 4 February 2018.

Key facts

Type
3-bed apartment
Size
2,033 sqft
Floor
5th of 8
Parking
B265, B266
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,900 /yr
Last sold
AED 4.54M · February 2018

About 508, Bluewaters Residences 3

508 is a three-bedroom apartment of 2,033 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 4 February 2018 for AED 4,540,000, or AED 2,233 per sqft, in line with the AED 2,244 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, 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, February 2018: AED 4,540,000 (AED 2,233 per sqft)

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

Rents
Unit 508, 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 508 sits

All 21 3-beds →

508 last sold in February 2018 at AED 2,233 per sqft, in line with what three-beds in Bluewaters Residences 3 were fetching at the time (AED 2,244). 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
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
5062-bedAED 3.54M · Jun 2018
5074-bedAED 12.3M · Jul 2022
1–7 of 10

508, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 4 February 2018 for AED 4,540,000, or AED 2,233 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 4 February 2018.

Questions about 508, Bluewaters Residences 3

What did unit 508 last sell for?

AED 4,540,000 on 4 February 2018, sold by the developer: AED 2,233 per sqft for 2,033 sqft. It is the only registered sale of the unit.

How big is unit 508?

2,033 sqft (188.9 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 508 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 508, Bluewaters Residences 3

Starts from the last sale price (AED 4.54M, 4 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 4,540,000
Deposit, UAE resident (20%)
AED 908,000
Deposit, non-resident (40%)
AED 1,816,000
Monthly over 25 years at 3.7%
AED 18,575

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