1-bed · 1,310 sqftBluewaters Residences 5, Bluewaters Island · 3rd floor · completed 2019

302, Bluewaters Residences 5

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 2 December 2025
Last soldAED 4.1M2 November 2022
Current rentAED 315K /yr2 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Bluewaters Residences 5

What is 302 worth today?

Last sold for AED 4,100,000 in 2022

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2 Dec 2025RentedRenewal
AED 315,000/yr12 months · AED 240 per sqft
2 Dec 2025RentedRenewal
AED 130,000/yr12 months · AED 99 per sqft
2 Dec 2024RentedRenewal
AED 315,000/yr12 months · AED 240 per sqft
2 Dec 2024RentedRenewal
AED 315,000/yr12 months · AED 242 per sqft
2 Dec 2023RentedNew contract
AED 325,000/yr12 months · AED 247 per sqft
19 Nov 2022RentedNew contract
AED 325,000/yr12 months · AED 247 per sqft
2 Nov 2022SoldReady
AED 4,100,000AED 3,129 per sqft
22 Aug 2022SoldReady
AED 3,300,000AED 2,518 per sqft

Source: Dubai Land Department. Updated 2 December 2025.

Key facts

Type
1-bed apartment
Size
1,310 sqft
Floor
3rd of 6
Parking
G302
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 38,000 /yr
Last sold
AED 4.1M · November 2022

About 302, Bluewaters Residences 5

302 is a one-bedroom apartment of 1,310 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 2 November 2022 for AED 4,100,000, or AED 3,129 per sqft, 24% above the AED 2,518 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 2 December 2025, is AED 315,000 a year: a gross yield of 7.7% on the 2022 price, before the service charge of about AED 38,000 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in Bluewaters Residences 5
2M4M2019202120232025Typical sale price by year: 2019 AED 2,408,000; 2021 AED 2,463,500; 2022 AED 3,275,000; 2023 AED 4,950,000; 2024 AED 4,950,000Sold by developer, October 2019: AED 2,484,000 (AED 1,896 per sqft)Sold, December 2021: AED 2,550,000 (AED 1,946 per sqft)Sold, August 2022: AED 3,300,000 (AED 2,518 per sqft)Sold, November 2022: AED 4,100,000 (AED 3,129 per sqft)

302 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in Bluewaters Residences 5
100K200K300K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 195,000; 2023 AED 240,000; 2024 AED 315,000; 2025 AED 310,000; 2026 AED 300,000New contract, November 2022: AED 325,000 a yearNew contract, December 2023: AED 325,000 a yearRenewal, December 2024: AED 315,000 a yearRenewal, December 2024: AED 315,000 a yearRenewal, December 2025: AED 315,000 a yearRenewal, December 2025: AED 130,000 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 5, and where 302 sits

All 20 1-beds →

302 last sold in November 2022 at AED 3,129 per sqft, 24% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,518). 302's AED 315,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20254,800,000
7 Nov 20244,950,000
31 Oct 20245,500,000
12 Jun 20243,980,000
0 1-bed sales 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
3013-bedAED 7.18M · 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

302, Bluewaters Residences 5 in numbers

  • Sold 4 times: first on 20 October 2019 for AED 2,484,000, last on 2 November 2022 for AED 4,100,000 (AED 3,129 per sqft).
  • Rented since November 2022 on 6 Ejari contracts. The rent fell from AED 325,000 to AED 130,000 in 2025 and recovered to AED 315,000 by December 2025.
  • At AED 315,000 a year the gross yield on the 2022 price is 7.7%, before a service charge of about AED 38,000 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 2 December 2025.

Questions about 302, Bluewaters Residences 5

What did unit 302 last sell for?

AED 4,100,000 on 2 November 2022: AED 3,129 per sqft for 1,310 sqft. The unit has 4 registered sales; the first was AED 2,484,000 in October 2019.

What is the rent for unit 302?

AED 315,000 a year on the contract renewed on 2 December 2025. The previous contract, from December 2025, was AED 130,000; the unit has been rented since November 2022.

How big is unit 302?

1,310 sqft (121.7 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 302 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 302, Bluewaters Residences 5

Starts from the last sale price (AED 4.1M, 2 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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