306, Bluewaters Residences 5
Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Bluewaters Residences 5
What is 306 worth today?
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Source: Dubai Land Department. Updated 10 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,641 sqft
- Floor
- 3rd of 6
- Parking
- G306
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 47,600 /yr
- Last sold
- AED 9.7M · June 2024
- Building
- Bluewaters Residences 5
About 306, Bluewaters Residences 5
306 is a two-bedroom apartment of 1,641 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 6 June 2024 for AED 9,700,000, or AED 5,910 per sqft, 18% above the AED 5,008 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 January 2026, is AED 525,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 47,600 a year.
Sales and rents for 306 over time
306 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Bluewaters Residences 5, and where 306 sits
All 25 2-beds →306 last sold in June 2024 at AED 5,910 per sqft, 18% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 5,008). Over the last 12 months two-beds sold for AED 3,875,000 to 10,200,000, around AED 4,584 per sqft, and rent for AED 400,000 to 530,000 a year. 306's AED 525,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 1,448 sqft | 6,518,000 | 4,500 | ||
| 27 Mar 202627 March 2026 | 1,448 sqft | 10,200,000 | 7,042 | ||
| 3 Feb 20263 February 2026 | 1,639 sqft | 7,650,000 | 4,667 | ||
| 6 Dec 20256 December 2025 | 966 sqft | 3,875,000 | 4,010 |
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 | |
| 304 | 1-bed | 1,137 sqft | AED 3.25MAED 3,250,000 · Sep 2022September 2022 | 150,000 /yr | |
| 305 | 1-bed | 1,133 sqft | AED 2.43MAED 2,431,000 · Oct 2019October 2019 | 241,500 /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 |
306, Bluewaters Residences 5 in numbers
- Sold 3 times: first on 23 October 2019 for AED 3,645,000, last on 6 June 2024 for AED 9,700,000 (AED 5,910 per sqft).
- Rented since March 2022 on 5 Ejari contracts, from AED 230,000 to AED 525,000 a year.
- At AED 525,000 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 47,600 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 5 sold for AED 3,875,000–10,200,000 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 10 January 2026.
Questions about 306, Bluewaters Residences 5
What did unit 306 last sell for?
AED 9,700,000 on 6 June 2024: AED 5,910 per sqft for 1,641 sqft. The unit has 3 registered sales; the first was AED 3,645,000 in October 2019.
What is the rent for unit 306?
AED 525,000 a year on the contract renewed on 10 January 2026. The previous contract, from January 2025, was AED 525,000; the unit has been rented since March 2022.
How big is unit 306?
1,641 sqft (152.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 5 sold for AED 3,875,000 to 10,200,000 in the last 12 months, around AED 4,584 per sqft.
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Mortgage on 306, Bluewaters Residences 5
Starts from the last sale price (AED 9.7M, 6 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 9,700,000
- Deposit, UAE resident (20%)
- AED 1,940,000
- Deposit, non-resident (40%)
- AED 3,880,000
- Monthly over 25 years at 3.7%
- AED 39,686
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →