311, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 311, Bluewaters Residences 5
What is 311 worth today?
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Source: Dubai Land Department. Updated 20 January 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,022 sqft
- Floor
- 3rd of 6
- Parking
- G379, G381
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 58,600 /yr
- Last sold
- AED 4.14M · July 2019
- Building
- Bluewaters Residences 5
About 311, Bluewaters Residences 5
311 is a three-bedroom apartment of 2,022 sqft on the 3rd floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 8 July 2019 for AED 4,137,250, or AED 2,045 per sqft.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 20 January 2024, is AED 550,000 a year: a gross yield of 13.3% on the 2019 price, before the service charge of about AED 58,600 a year.
Sales and rents for 311 over time
311 has sold once; 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 5, and where 311 sits
All 15 3-beds →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. 311's AED 550,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Dec 202523 December 2025 | 2,130 sqft | 10,250,000 | 4,812 | ||
| 21 Jun 202421 June 2024 | 2,033 sqft | 15,500,000 | 7,623 | ||
| 30 Nov 202330 November 2023 | 2,033 sqft | 12,200,000 | 6,000 | ||
| 29 Nov 202229 November 2022 | 2,130 sqft | 8,850,000 | 4,154 |
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 | |
| 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, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 8 July 2019 for AED 4,137,250, or AED 2,045 per sqft.
- Rented since November 2019 on 3 Ejari contracts, from AED 200,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2019 price is 13.3%, before a service charge of about AED 58,600 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 20 January 2024.
Questions about 311, Bluewaters Residences 5
What did unit 311 last sell for?
AED 4,137,250 on 8 July 2019, sold by the developer: AED 2,045 per sqft for 2,022 sqft. It is the only registered sale of the unit.
What is the rent for unit 311?
AED 550,000 a year on the contract signed on 20 January 2024. The previous contract, from November 2020, was AED 200,000; the unit has been rented since November 2019.
How big is unit 311?
2,022 sqft (187.9 sqm): a three-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.
What is unit 311 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 311, Bluewaters Residences 5
Starts from the last sale price (AED 4.14M, 8 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 4,137,250
- Deposit, UAE resident (20%)
- AED 827,450
- Deposit, non-resident (40%)
- AED 1,654,900
- Monthly over 25 years at 3.7%
- AED 16,927
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →