2-bed · 1,667 sqftBluewaters Residences 8, Bluewaters Island · 3rd floor · completed 2019

306, Bluewaters Residences 8

Sold prices and rental history: sold 3 times, last in January 2024, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 9.5M31 January 2024
Current rentAED 400K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Bluewaters Residences 8

What is 306 worth today?

Last sold for AED 9,500,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Aug 2024RentedNew contract
AED 400,000/yr12 months · AED 240 per sqft
31 Jan 2024SoldReady
AED 9,500,000AED 5,699 per sqft
24 Aug 2023SoldReady
AED 7,400,000AED 4,439 per sqft
18 Feb 2020Sold by developerReady
AED 3,451,000AED 2,070 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
2-bed apartment
Size
1,667 sqft
Floor
3rd of 16
Parking
B450
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,300 /yr
Last sold
AED 9.5M · January 2024

About 306, Bluewaters Residences 8

306 is a two-bedroom apartment of 1,667 sqft on the 3rd floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 31 January 2024 for AED 9,500,000, or AED 5,699 per sqft, 30% above the AED 4,379 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 August 2024. The current contract, signed on 12 August 2024, is AED 400,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 48,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Bluewaters Residences 8
5M10M2017202020232026Typical sale price by year: 2017 AED 4,100,500; 2018 AED 3,672,000; 2019 AED 3,479,000; 2020 AED 3,353,055; 2021 AED 3,650,000; 2022 AED 5,400,000; 2023 AED 7,100,000; 2024 AED 7,650,000; 2025 AED 8,000,000; 2026 AED 9,100,000Sold by developer, February 2020: AED 3,451,000 (AED 2,070 per sqft)Sold, August 2023: AED 7,400,000 (AED 4,439 per sqft)Sold, January 2024: AED 9,500,000 (AED 5,699 per sqft)

306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, each contractTypical two-bed in Bluewaters Residences 8
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 162,500; 2021 AED 176,000; 2022 AED 340,000; 2023 AED 380,000; 2024 AED 400,000; 2025 AED 420,000; 2026 AED 458,100New contract, August 2024: AED 400,000 a year

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 8, and where 306 sits

All 55 2-beds →

306 last sold in January 2024 at AED 5,699 per sqft, 30% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 4,379). Over the last 12 months two-beds sold for AED 7,150,000 to 11,300,000, around AED 5,312 per sqft, and rent for AED 130,000 to 520,000 a year. 306's AED 400,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20269,100,000
26 Jan 20267,150,000
8 Jan 202611,300,000
25 Nov 202510,000,000
4 2-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.

Typical price per sqft
AED 6,000
Typical sale
AED 11.3M
Typical rent
AED 450K /yr
Typical yield
4.5%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 85 units in Bluewaters Residences 8
Value
3013-bedAED 13M · Mar 2025
3022-bedAED 3.99M · Jul 2018
3033-bedAED 5.13M · Apr 2019
3042-bedAED 3.1M · Nov 2019
3052-bedAED 7.8M · Feb 2023

306, Bluewaters Residences 8 in numbers

  • Sold 3 times: first on 18 February 2020 for AED 3,451,000, last on 31 January 2024 for AED 9,500,000 (AED 5,699 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 48,300 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 8 sold for AED 7,150,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 6,000 per sqft.

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 306, Bluewaters Residences 8

What did unit 306 last sell for?

AED 9,500,000 on 31 January 2024: AED 5,699 per sqft for 1,667 sqft. The unit has 3 registered sales; the first was AED 3,451,000 in February 2020.

What is the rent for unit 306?

AED 400,000 a year on the contract signed on 12 August 2024.

How big is unit 306?

1,667 sqft (154.9 sqm): a two-bedroom apartment on the 3rd floor of a 16-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 8 sold for AED 7,150,000 to 11,300,000 in the last 12 months, around AED 5,312 per sqft.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, Bluewaters Residences 8

Starts from the last sale price (AED 9.5M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 9,500,000
Deposit, UAE resident (20%)
AED 1,900,000
Deposit, non-resident (40%)
AED 3,800,000
Monthly over 25 years at 3.7%
AED 38,867

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