1-bed · 1,119 sqftBluewaters Residences 4, Bluewaters Island · 3rd floor · completed 2019

303, Bluewaters Residences 4

Sold prices and rental history: sold twice, last in May 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 30 May 2022
Last soldAED 2.65M30 May 2022
Current rentAED 105K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Bluewaters Residences 4

What is 303 worth today?

Last sold for AED 2,650,000 in 2022

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30 May 2022SoldReady
AED 2,650,000AED 2,369 per sqft
1 Nov 2020RentedRenewal
AED 105,000/yr12 months · AED 94 per sqft
1 Nov 2019RentedNew contract
AED 117,500/yr12 months · AED 105 per sqft
27 Jun 2019Sold by developerReady
AED 2,271,000AED 2,030 per sqft

Source: Dubai Land Department. Updated 30 May 2022.

Key facts

Type
1-bed apartment
Size
1,119 sqft
Floor
3rd of 7
Parking
G209
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 32,400 /yr
Last sold
AED 2.65M · May 2022

About 303, Bluewaters Residences 4

303 is a one-bedroom apartment of 1,119 sqft on the 3rd floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 30 May 2022 for AED 2,650,000, or AED 2,369 per sqft, 5% above the AED 2,260 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 105,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 32,400 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Bluewaters Residences 4
2M4M2019202120232025Typical sale price by year: 2019 AED 2,313,500; 2022 AED 3,180,000; 2023 AED 5,200,000; 2024 AED 3,525,000Sold by developer, June 2019: AED 2,271,000 (AED 2,030 per sqft)Sold, May 2022: AED 2,650,000 (AED 2,369 per sqft)

303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Bluewaters Residences 4
100K200K20192021202320252027Typical rent by year: 2019 AED 117,500; 2020 AED 112,500; 2021 AED 120,375; 2022 AED 132,850; 2024 AED 235,000; 2025 AED 222,857; 2026 AED 245,000New contract, November 2019: AED 117,500 a yearRenewal, November 2020: AED 105,000 a year

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 4, and where 303 sits

All 22 1-beds →

303 last sold in May 2022 at AED 2,369 per sqft, 5% above what one-beds in Bluewaters Residences 4 were fetching at the time (AED 2,260). Over the last 12 months one-beds sold for AED 4,400,000 to 5,000,000, around AED 3,847 per sqft, and rent for AED 160,000 to 285,000 a year. 303's AED 105,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Mar 20264,400,000
17 Dec 20255,000,000
13 Dec 20245,000,000
8 Nov 20243,200,000
2 1-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 5,754 Up 4.5%
Typical sale
AED 12M
Typical rent
AED 320K /yr
Typical yield
4.0%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 78 units in Bluewaters Residences 4
Value
3013-bedAED 8.5M · May 2023
3021-bedAED 3.1M · Jun 2022
3041-bedAED 3.16M · Jul 2022
3051-bedAED 2.2M · Jul 2019
3062-bedAED 8.3M · Jun 2024
3074-bedAED 16M · Apr 2026
3083-bedAED 9.2M · Nov 2022
1–7 of 10

303, Bluewaters Residences 4 in numbers

  • Sold twice: first on 27 June 2019 for AED 2,271,000, last on 30 May 2022 for AED 2,650,000 (AED 2,369 per sqft).
  • Rented since November 2019 on 2 Ejari contracts, from AED 117,500 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.0%, before a service charge of about AED 32,400 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 4 sold for AED 4,400,000–5,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,754 per sqft.

Source: Dubai Land Department. Updated 30 May 2022.

Questions about 303, Bluewaters Residences 4

What did unit 303 last sell for?

AED 2,650,000 on 30 May 2022: AED 2,369 per sqft for 1,119 sqft. The unit has 2 registered sales; the first was AED 2,271,000 in June 2019.

What is the rent for unit 303?

AED 105,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 117,500.

How big is unit 303?

1,119 sqft (104.0 sqm): a one-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 303 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 4 sold for AED 4,400,000 to 5,000,000 in the last 12 months, around AED 3,847 per sqft.

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Mortgage on 303, Bluewaters Residences 4

Starts from the last sale price (AED 2.65M, 30 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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