503, Bluewaters Residences 7
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Bluewaters Residences 7
What is 503 worth today?
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Source: Dubai Land Department. Updated 17 March 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,109 sqft
- Floor
- 5th of 15
- Parking
- B659, B660
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 61,100 /yr
- Last sold
- AED 4.65M · November 2019
- Building
- Bluewaters Residences 7
About 503, Bluewaters Residences 7
503 is a three-bedroom apartment of 2,109 sqft on the 5th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 27 November 2019 for AED 4,650,000, or AED 2,204 per sqft, in line with the AED 2,176 three-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 17 March 2023, is AED 495,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 61,100 a year.
Sales and rents for 503 over time
503 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 7, and where 503 sits
All 38 3-beds →503 last sold in November 2019 at AED 2,204 per sqft, in line with what three-beds in Bluewaters Residences 7 were fetching at the time (AED 2,176). Over the last 12 months three-beds sold for AED 9,500,000 to 13,100,000, around AED 5,468 per sqft, and rent for AED 100,000 to 645,933 a year. 503's AED 495,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 2,106 sqft | 9,500,000 | 4,511 | ||
| 7 May 20267 May 2026 | 2,112 sqft | 13,100,000 | 6,203 | ||
| 30 Apr 202630 April 2026 | 2,045 sqft | 10,150,000 | 4,962 | ||
| 13 Nov 202513 November 2025 | 2,109 sqft | 12,600,000 | 5,973 |
Bluewaters Residences 7
Building77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.
- Typical price per sqft
- AED 4,982 Down 6.0%
- Typical sale
- AED 9.32M
- Typical rent
- AED 366K /yr
- Typical yield
- 5.3%
Other units on the 5th floor
All 77 units in Bluewaters Residences 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,112 sqft | AED 9.5MAED 9,500,000 · Dec 2022December 2022 | 225,250 /yr | |
| 502 | 2-bed | 1,608 sqft | AED 3.71MAED 3,711,000 · Oct 2019October 2019 | ||
| 504 | 3-bed | 2,045 sqft | AED 4.2MAED 4,200,000 · May 2021May 2021 | ||
| 505 | 1-bed | 1,154 sqft | AED 4.55MAED 4,550,000 · Feb 2026February 2026 | 300,000 /yr | |
| 506 | 2-bed | 1,670 sqft | AED 3.54MAED 3,536,000 · Oct 2019October 2019 | 350,000 /yr |
503, Bluewaters Residences 7 in numbers
- Sold once: by Blue Waters Residential on 27 November 2019 for AED 4,650,000, or AED 2,204 per sqft.
- Rented since March 2022 on 2 Ejari contracts, at AED 495,000 a year.
- At AED 495,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 61,100 a year (AED 28.99 per sqft).
- Three-beds in Bluewaters Residences 7 sold for AED 9,500,000–13,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,982 per sqft.
Source: Dubai Land Department. Updated 17 March 2023.
Questions about 503, Bluewaters Residences 7
What did unit 503 last sell for?
AED 4,650,000 on 27 November 2019, sold by the developer: AED 2,204 per sqft for 2,109 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 495,000 a year on the contract renewed on 17 March 2023. The previous contract, from March 2022, was AED 495,000.
How big is unit 503?
2,109 sqft (195.9 sqm): a three-bedroom apartment on the 5th floor of a 15-storey tower completed in 2019.
What is unit 503 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 7 sold for AED 9,500,000 to 13,100,000 in the last 12 months, around AED 5,468 per sqft.
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Mortgage on 503, Bluewaters Residences 7
Starts from the last sale price (AED 4.65M, 27 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 4,650,000
- Deposit, UAE resident (20%)
- AED 930,000
- Deposit, non-resident (40%)
- AED 1,860,000
- Monthly over 25 years at 3.7%
- AED 19,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →