304, Bluewaters Residences 5
Sold prices and rental history: sold twice, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Bluewaters Residences 5
What is 304 worth today?
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Source: Dubai Land Department. Updated 26 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,137 sqft
- Floor
- 3rd of 6
- Parking
- G304
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 33,000 /yr
- Last sold
- AED 3.25M · September 2022
- Building
- Bluewaters Residences 5
About 304, Bluewaters Residences 5
304 is a one-bedroom apartment of 1,137 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 26 September 2022 for AED 3,250,000, or AED 2,857 per sqft, 19% above the AED 2,404 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 January 2022, is AED 150,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 33,000 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the one-bed median of each year in the building.
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 304 sits
All 20 1-beds →304 last sold in September 2022 at AED 2,857 per sqft, 19% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,404). 304's AED 150,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,133 sqft | 4,800,000 | 4,236 | ||
| 7 Nov 20247 November 2024 | 1,146 sqft | 4,950,000 | 4,320 | ||
| 31 Oct 202431 October 2024 | 1,179 sqft | 5,500,000 | 4,665 | ||
| 12 Jun 202412 June 2024 | 820 sqft | 3,980,000 | 4,855 |
Bluewaters Residences 5
Building69 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%
Other units on the 3rd floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 2,130 sqft | AED 7.18MAED 7,180,000 · Nov 2022November 2022 | 485,000 /yr | |
| 302 | 1-bed | 1,310 sqft | AED 4.1MAED 4,100,000 · Nov 2022November 2022 | 130,000 /yr | |
| 303 | 1-bed | 1,119 sqft | AED 2.34MAED 2,339,000 · Sep 2019September 2019 | 260,000 /yr | |
| 305 | 1-bed | 1,133 sqft | AED 2.43MAED 2,431,000 · Oct 2019October 2019 | 241,500 /yr | |
| 306 | 2-bed | 1,641 sqft | AED 9.7MAED 9,700,000 · Jun 2024June 2024 | 525,000 /yr | |
| 307 | 4-bed | 2,459 sqft | AED 9.5MAED 9,500,000 · Feb 2022February 2022 | ||
| 308 | 3-bed | 2,033 sqft | AED 8.3MAED 8,300,000 · Jun 2022June 2022 | ||
| 309 | 2-bed | 1,594 sqft | AED 5.8MAED 5,800,000 · Mar 2022March 2022 | ||
| 310 | 2-bed | 1,448 sqft | AED 5.9MAED 5,900,000 · Aug 2022August 2022 | ||
| 311 | 3-bed | 2,022 sqft | AED 4.14MAED 4,137,250 · Jul 2019July 2019 | 550,000 /yr |
304, Bluewaters Residences 5 in numbers
- Sold twice: first on 29 October 2019 for AED 2,343,000, last on 26 September 2022 for AED 3,250,000 (AED 2,857 per sqft).
- Rented since January 2020 on 2 Ejari contracts, from AED 120,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 33,000 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 26 September 2022.
Questions about 304, Bluewaters Residences 5
What did unit 304 last sell for?
AED 3,250,000 on 26 September 2022: AED 2,857 per sqft for 1,137 sqft. The unit has 2 registered sales; the first was AED 2,343,000 in October 2019.
What is the rent for unit 304?
AED 150,000 a year on the contract signed on 15 January 2022. The previous contract, from January 2020, was AED 120,000.
How big is unit 304?
1,137 sqft (105.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.
What is unit 304 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 304, Bluewaters Residences 5
Starts from the last sale price (AED 3.25M, 26 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →