3-bed · 2,023 sqftBluewaters Residences 4, Bluewaters Island · 3rd floor · completed 2019

311, Bluewaters Residences 4

Sold prices and rental history: sold once, by the developer in March 2020, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 1 May 2023
Last soldAED 4.29M9 March 2020
Current rentAED 500K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, Bluewaters Residences 4

What is 311 worth today?

Last sold for AED 4,290,000 in 2020

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1 May 2023RentedNew contract
AED 500,000/yr12 months · AED 247 per sqft
9 Mar 2020Sold by developerReady
AED 4,290,000AED 2,120 per sqft

Source: Dubai Land Department. Updated 1 May 2023.

Key facts

Type
3-bed apartment
Size
2,023 sqft
Floor
3rd of 7
Parking
B459, B460
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,700 /yr
Last sold
AED 4.29M · March 2020

About 311, Bluewaters Residences 4

311 is a three-bedroom apartment of 2,023 sqft on the 3rd floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 9 March 2020 for AED 4,290,000, or AED 2,120 per sqft, 5% below the AED 2,230 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 500,000 a year: a gross yield of 11.7% on the 2020 price, before the service charge of about AED 58,700 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical three-bed in Bluewaters Residences 4
5M10M20192021202320252027Typical sale price by year: 2019 AED 4,610,500; 2020 AED 4,345,890; 2021 AED 4,750,000; 2022 AED 8,700,000; 2023 AED 10,600,000; 2026 AED 12,125,000Sold by developer, March 2020: AED 4,290,000 (AED 2,120 per sqft)

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

Rents
Unit 311, each contractTypical three-bed in Bluewaters Residences 4
200K400K600K2020202220242026Typical rent by year: 2020 AED 222,500; 2021 AED 300,000; 2022 AED 410,000; 2023 AED 448,842; 2024 AED 550,000; 2025 AED 600,000; 2026 AED 577,500New contract, May 2023: AED 500,000 a year

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 4, and where 311 sits

All 18 3-beds →

311 last sold in March 2020 at AED 2,120 per sqft, 5% below what three-beds in Bluewaters Residences 4 were fetching at the time (AED 2,230). Over the last 12 months three-beds sold for AED 9,900,000 to 12,990,000, around AED 5,695 per sqft, and rent for AED 500,000 to 760,000 a year. 311's AED 500,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Jun 202612,990,000
6 Feb 202612,250,000
12 Jan 202612,000,000
8 Jan 20269,900,000
4 3-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
3031-bedAED 2.65M · May 2022
3041-bedAED 3.16M · Jul 2022
3051-bedAED 2.2M · Jul 2019
3062-bedAED 8.3M · Jun 2024
3074-bedAED 16M · Apr 2026
1–7 of 10

311, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 9 March 2020 for AED 4,290,000, or AED 2,120 per sqft.
  • Rented since May 2023 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2020 price is 11.7%, before a service charge of about AED 58,700 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 4 sold for AED 9,900,000–12,990,000 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 1 May 2023.

Questions about 311, Bluewaters Residences 4

What did unit 311 last sell for?

AED 4,290,000 on 9 March 2020, sold by the developer: AED 2,120 per sqft for 2,023 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 500,000 a year on the contract signed on 1 May 2023.

How big is unit 311?

2,023 sqft (187.9 sqm): a three-bedroom apartment on the 3rd floor of a 7-storey tower completed in 2019.

What is unit 311 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 4 sold for AED 9,900,000 to 12,990,000 in the last 12 months, around AED 5,695 per sqft.

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Mortgage on 311, Bluewaters Residences 4

Starts from the last sale price (AED 4.29M, 9 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 4,290,000
Deposit, UAE resident (20%)
AED 858,000
Deposit, non-resident (40%)
AED 1,716,000
Monthly over 25 years at 3.7%
AED 17,552

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