3-bed · 2,130 sqftBluewaters Residences 5, Bluewaters Island · 3rd floor · completed 2019

301, Bluewaters Residences 5

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

Unit 301 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 7.18M1 November 2022
Current rentAED 485K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Bluewaters Residences 5

What is 301 worth today?

Last sold for AED 7,180,000 in 2022

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21 Sep 2026RentedNew contract
AED 485,000/yr12 months · AED 229 per sqft
20 May 2024RentedNew contract
AED 550,000/yr12 months · AED 258 per sqft
27 Dec 2022RentedNew contract
AED 550,000/yr12 months · AED 259 per sqft
1 Nov 2022SoldReady
AED 7,180,000AED 3,370 per sqft
16 Apr 2020Sold by developerReady
AED 4,184,000AED 1,964 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
3-bed apartment
Size
2,130 sqft
Floor
3rd of 6
Parking
B713, B714
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,800 /yr
Last sold
AED 7.18M · November 2022

About 301, Bluewaters Residences 5

301 is a three-bedroom apartment of 2,130 sqft on the 3rd floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 1 November 2022 for AED 7,180,000, or AED 3,370 per sqft, in line with the AED 3,370 three-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 21 September 2026, is AED 485,000 a year: a gross yield of 6.8% on the 2022 price, before the service charge of about AED 61,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical three-bed in Bluewaters Residences 5
4M6M201920212023Typical sale price by year: 2019 AED 4,517,000; 2020 AED 4,184,000; 2022 AED 7,240,000Sold by developer, April 2020: AED 4,184,000 (AED 1,964 per sqft)Sold, November 2022: AED 7,180,000 (AED 3,370 per sqft)

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

Rents
Unit 301, each contractTypical three-bed in Bluewaters Residences 5
200K400K600K2020202220242026Typical rent by year: 2020 AED 200,000; 2021 AED 228,000; 2022 AED 550,000; 2024 AED 550,000; 2025 AED 550,000; 2026 AED 503,182New contract, December 2022: AED 550,000 a yearNew contract, May 2024: AED 550,000 a yearNew contract, September 2026: AED 485,000 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 5, and where 301 sits

All 15 3-beds →

301 last sold in November 2022 at AED 3,370 per sqft, in line with what three-beds in Bluewaters Residences 5 were fetching at the time (AED 3,370). Over the last 12 months three-beds sold for AED 10,250,000, around AED 4,812 per sqft, and rent for AED 120,000 to 650,000 a year. 301's AED 485,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Dec 202510,250,000
21 Jun 202415,500,000
30 Nov 202312,200,000
29 Nov 20228,850,000
1 3-bed sale in the last 12 months

Bluewaters Residences 5

Building

69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 4,667
Typical sale
AED 7.65M
Typical rent
AED 320K /yr
Typical yield
5.5%
Bluewaters Residences 5, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 69 units in Bluewaters Residences 5
Value
3021-bedAED 4.1M · Nov 2022
3031-bedAED 2.34M · Sep 2019
3041-bedAED 3.25M · Sep 2022
3051-bedAED 2.43M · Oct 2019
3062-bedAED 9.7M · Jun 2024
3074-bedAED 9.5M · Feb 2022
3083-bedAED 8.3M · Jun 2022
1–7 of 10

301, Bluewaters Residences 5 in numbers

  • Sold twice: first on 16 April 2020 for AED 4,184,000, last on 1 November 2022 for AED 7,180,000 (AED 3,370 per sqft).
  • Rented since December 2022 on 3 Ejari contracts, from AED 550,000 to AED 485,000 a year.
  • At AED 485,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 61,800 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 5 sold for AED 10,250,000–10,250,000 in the 12 months to November 2026; the building's median across all types is AED 4,667 per sqft.

Source: Dubai Land Department. Updated 21 September 2026.

Questions about 301, Bluewaters Residences 5

What did unit 301 last sell for?

AED 7,180,000 on 1 November 2022: AED 3,370 per sqft for 2,130 sqft. The unit has 2 registered sales; the first was AED 4,184,000 in April 2020.

What is the rent for unit 301?

AED 485,000 a year on the contract signed on 21 September 2026. The previous contract, from May 2024, was AED 550,000; the unit has been rented since December 2022.

How big is unit 301?

2,130 sqft (197.9 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 301 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 5 sold for AED 10,250,000 to 10,250,000 in the last 12 months, around AED 4,812 per sqft.

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Mortgage on 301, Bluewaters Residences 5

Starts from the last sale price (AED 7.18M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,180,000
Deposit, UAE resident (20%)
AED 1,436,000
Deposit, non-resident (40%)
AED 2,872,000
Monthly over 25 years at 3.7%
AED 29,376

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