508, Bluewaters Residences 4
Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Bluewaters Residences 4
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,033 sqft
- Floor
- 5th of 7
- Parking
- B515, B516
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 58,900 /yr
- Last sold
- AED 14.9M · April 2023
- Building
- Bluewaters Residences 4
About 508, Bluewaters Residences 4
508 is a three-bedroom apartment of 2,033 sqft on the 5th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 5 April 2023 for AED 14,900,000, or AED 7,328 per sqft, 58% above the AED 4,649 three-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 250,000 a year: a gross yield of 1.7% on the 2023 price, before the service charge of about AED 58,900 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 508 sits
All 18 3-beds →508 last sold in April 2023 at AED 7,328 per sqft, 58% above what three-beds in Bluewaters Residences 4 were fetching at the time (AED 4,649). 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. 508's AED 250,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202613 June 2026 | 2,023 sqft | 12,990,000 | 6,419 | ||
| 6 Feb 20266 February 2026 | 2,129 sqft | 12,250,000 | 5,754 | ||
| 12 Jan 202612 January 2026 | 2,129 sqft | 12,000,000 | 5,636 | ||
| 8 Jan 20268 January 2026 | 1,828 sqft | 9,900,000 | 5,415 |
Bluewaters Residences 4
Building78 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 323K /yr
- Typical yield
- 4.0%
Other units on the 5th floor
All 78 units in Bluewaters Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,129 sqft | AED 8.7MAED 8,700,000 · Aug 2022August 2022 | 550,000 /yr | |
| 502 | 1-bed | 1,307 sqft | AED 5MAED 5,000,000 · Dec 2025December 2025 | ||
| 503 | 1-bed | 1,119 sqft | AED 3.25MAED 3,250,000 · Jun 2022June 2022 | 222,857 /yr | |
| 504 | 1-bed | 1,139 sqft | AED 2.32MAED 2,317,000 · Oct 2019October 2019 | ||
| 505 | 1-bed | 1,133 sqft | AED 2.13MAED 2,126,000 · Mar 2019March 2019 | 220,000 /yr | |
| 506 | 2-bed | 1,641 sqft | AED 7.5MAED 7,500,000 · Dec 2024December 2024 | 220,000 /yr | |
| 507 | 4-bed | 2,459 sqft | AED 5.61MAED 5,607,000 · Nov 2019November 2019 | 850,000 /yr | |
| 509 | 2-bed | 1,592 sqft | AED 11MAED 11,000,000 · Feb 2025February 2025 | 535,000 /yr | |
| 510 | 2-bed | 1,450 sqft | AED 3.35MAED 3,350,000 · Apr 2021April 2021 | ||
| 511 | 3-bed | 2,023 sqft | AED 4.33MAED 4,331,000 · Jun 2019June 2019 | 577,500 /yr |
508, Bluewaters Residences 4 in numbers
- Sold 3 times: first on 26 November 2019 for AED 4,626,000, last on 5 April 2023 for AED 14,900,000 (AED 7,328 per sqft).
- Rented since May 2020 on 2 Ejari contracts, from AED 240,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2023 price is 1.7%, before a service charge of about AED 58,900 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 5 April 2023.
Questions about 508, Bluewaters Residences 4
What did unit 508 last sell for?
AED 14,900,000 on 5 April 2023: AED 7,328 per sqft for 2,033 sqft. The unit has 3 registered sales; the first was AED 4,626,000 in November 2019.
What is the rent for unit 508?
AED 250,000 a year on the contract renewed on 1 May 2021. The previous contract, from May 2020, was AED 240,000.
How big is unit 508?
2,033 sqft (188.9 sqm): a three-bedroom apartment on the 5th floor of a 7-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 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 508, Bluewaters Residences 4
Starts from the last sale price (AED 14.9M, 5 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 14,900,000
- Deposit, UAE resident (20%)
- AED 2,980,000
- Deposit, non-resident (40%)
- AED 5,960,000
- Monthly over 25 years at 3.7%
- AED 60,961
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →