509, Bluewaters Residences 3
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Bluewaters Residences 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,595 sqft
- Floor
- 5th of 8
- Parking
- G218
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 46,200 /yr
- Last sold
- AED 3.68M · October 2017
- Building
- Bluewaters Residences 3
About 509, Bluewaters Residences 3
509 is a two-bedroom apartment of 1,595 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 23 October 2017 for AED 3,681,000, or AED 2,307 per sqft, in line with the AED 2,240 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 September 2026, is AED 375,000 a year: a gross yield of 10.2% on the 2017 price, before the service charge of about AED 46,200 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the two-bed median of each year in the building.
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 509 sits
All 31 2-beds →509 last sold in October 2017 at AED 2,307 per sqft, in line with what two-beds in Bluewaters Residences 3 were fetching at the time (AED 2,240). 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. 509's AED 375,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202519 December 2025 | 1,595 sqft | 11,150,000 | 6,990 | ||
| 11 Dec 202511 December 2025 | 1,641 sqft | 3,467,000 | 2,112 | ||
| 22 Oct 202522 October 2025 | 1,595 sqft | 9,650,000 | 6,050 | ||
| 23 Sep 202523 September 2025 | 1,450 sqft | 10,000,000 | 6,898 |
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 | |
| 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 | ||
| 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 |
509, Bluewaters Residences 3 in numbers
- Sold once: by Blue Waters Residential on 23 October 2017 for AED 3,681,000, or AED 2,307 per sqft.
- Rented since January 2020 on 6 Ejari contracts, from AED 250,000 to AED 375,000 a year.
- At AED 375,000 a year the gross yield on the 2017 price is 10.2%, before a service charge of about AED 46,200 a year (AED 28.99 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 25 September 2026.
Questions about 509, Bluewaters Residences 3
What did unit 509 last sell for?
AED 3,681,000 on 23 October 2017, sold by the developer: AED 2,307 per sqft for 1,595 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 375,000 a year on the contract signed on 25 September 2026. The previous contract, from March 2025, was AED 500,000; the unit has been rented since January 2020.
How big is unit 509?
1,595 sqft (148.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 509 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 509, Bluewaters Residences 3
Starts from the last sale price (AED 3.68M, 23 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,681,000
- Deposit, UAE resident (20%)
- AED 736,200
- Deposit, non-resident (40%)
- AED 1,472,400
- Monthly over 25 years at 3.7%
- AED 15,060
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →