2-bed · 1,450 sqftBluewaters Residences 3, Bluewaters Island · 5th floor · completed 2019

510, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 6 March 2025
Last soldAED 3.36M11 July 2018
Current rentAED 214K /yr6 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Bluewaters Residences 3

What is 510 worth today?

Last sold for AED 3,356,000 in 2018

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6 Mar 2025RentedNew contract
AED 213,840/yr12 months · AED 147 per sqft
6 Mar 2023RentedRenewal
AED 148,500/yr12 months · AED 102 per sqft
6 Mar 2023RentedRenewal
AED 148,500/yr12 months · AED 102 per sqft
6 Mar 2022RentedRenewal
AED 135,000/yr12 months · AED 93 per sqft
6 Mar 2022RentedRenewal
AED 135,000/yr12 months · AED 93 per sqft
6 Mar 2021RentedRenewal
AED 135,000/yr12 months · AED 93 per sqft
6 Sep 2020RentedRenewal
AED 135,000/yr6 months · AED 93 per sqft
6 Sep 2019RentedNew contract
AED 160,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 6 March 2025.

Key facts

Type
2-bed apartment
Size
1,450 sqft
Floor
5th of 8
Parking
G221
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 42,000 /yr
Last sold
AED 3.36M · July 2018

About 510, Bluewaters Residences 3

510 is a two-bedroom apartment of 1,450 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 11 July 2018 for AED 3,356,000, or AED 2,314 per sqft, in line with the AED 2,278 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 6 March 2025, is AED 213,840 a year: a gross yield of 6.4% on the 2018 price, before the service charge of about AED 42,000 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, July 2018: AED 3,356,000 (AED 2,314 per sqft)

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

Rents
Unit 510, 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 375,000New contract, May 2019: AED 175,000 a yearNew contract, September 2019: AED 160,000 a yearRenewal, September 2020: AED 135,000 a yearRenewal, March 2021: AED 135,000 a yearRenewal, March 2022: AED 135,000 a yearRenewal, March 2022: AED 135,000 a yearRenewal, March 2023: AED 148,500 a yearRenewal, March 2023: AED 148,500 a yearNew contract, March 2025: AED 213,840 a year

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 510 sits

All 31 2-beds →

510 last sold in July 2018 at AED 2,314 per sqft, in line with 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. 510's AED 213,840 is at the bottom of that range.

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
5062-bedAED 3.54M · Jun 2018
5074-bedAED 12.3M · Jul 2022
1–7 of 10

510, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 11 July 2018 for AED 3,356,000, or AED 2,314 per sqft.
  • Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 135,000 in 2022 and recovered to AED 213,840 by March 2025.
  • At AED 213,840 a year the gross yield on the 2018 price is 6.4%, before a service charge of about AED 42,000 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 6 March 2025.

Questions about 510, Bluewaters Residences 3

What did unit 510 last sell for?

AED 3,356,000 on 11 July 2018, sold by the developer: AED 2,314 per sqft for 1,450 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 213,840 a year on the contract signed on 6 March 2025. The previous contract, from March 2023, was AED 148,500; the unit has been rented since May 2019.

How big is unit 510?

1,450 sqft (134.7 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.

What is unit 510 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 510, Bluewaters Residences 3

Starts from the last sale price (AED 3.36M, 11 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 3,356,000
Deposit, UAE resident (20%)
AED 671,200
Deposit, non-resident (40%)
AED 1,342,400
Monthly over 25 years at 3.7%
AED 13,730

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