4-bed · 2,563 sqftBluewaters Residences 1, Bluewaters Island · 3rd floor · completed 2019

304, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in March 2021, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 6.3M16 March 2021
Current rentAED 1.5M /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Bluewaters Residences 1

What is 304 worth today?

Last sold for AED 6,300,000 in 2021

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1 Apr 2025RentedNew contract · flagged as an outlier
AED 1,500,000/yr12 months · AED 585 per sqft
16 Mar 2021SoldReady
AED 6,300,000AED 2,458 per sqft
20 Oct 2019Sold by developerReady
AED 5,766,000AED 2,249 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
4-bed apartment
Size
2,563 sqft
Floor
3rd of 6
Parking
B399, B400
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 74,300 /yr
Last sold
AED 6.3M · March 2021

About 304, Bluewaters Residences 1

304 is a four-bedroom apartment of 2,563 sqft on the 3rd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 16 March 2021 for AED 6,300,000, or AED 2,458 per sqft, 6% above the AED 2,314 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2025. The current contract, signed on 1 April 2025, is AED 1,500,000 a year: a gross yield of 23.8% on the 2021 price, before the service charge of about AED 74,300 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical four-bed in Bluewaters Residences 1
10M20M2018202020222024Typical sale price by year: 2018 AED 5,565,000; 2019 AED 5,771,000; 2020 AED 11,642,000; 2021 AED 6,637,500; 2022 AED 16,000,000; 2023 AED 18,300,000Sold by developer, October 2019: AED 5,766,000 (AED 2,249 per sqft)Sold, March 2021: AED 6,300,000 (AED 2,458 per sqft)

304 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 304, each contractTypical four-bed in Bluewaters Residences 1
500K1M202020222024Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2022 AED 1,000,000; 2024 AED 800,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Bluewaters Residences 1, and where 304 sits

All 17 4-beds →

304 last sold in March 2021 at AED 2,458 per sqft, 6% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,314).

Recent 4-bed salesUnit no.Price (AED)Summary
17 Mar 202516,900,000
29 May 202319,400,000
17 Mar 202319,100,000
8 Feb 202316,600,000
0 4-bed sales in the last 12 months

Bluewaters Residences 1

Building

41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 463K /yr
Typical yield
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 41 units in Bluewaters Residences 1
Value
3012-bedAED 8.5M · Feb 2023
3022-bedAED 6.1M · Sep 2022
3032-bedAED 3.57M · May 2019
3053-bedAED 3.8M · Sep 2020
3064-bedAED 5.75M · Nov 2020

304, Bluewaters Residences 1 in numbers

  • Sold twice: first on 20 October 2019 for AED 5,766,000, last on 16 March 2021 for AED 6,300,000 (AED 2,458 per sqft).
  • Rented since April 2025 on one Ejari contract, at AED 1,500,000 a year.
  • At AED 1,500,000 a year the gross yield on the 2021 price is 23.8%, before a service charge of about AED 74,300 a year (AED 28.99 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Questions about 304, Bluewaters Residences 1

What did unit 304 last sell for?

AED 6,300,000 on 16 March 2021: AED 2,458 per sqft for 2,563 sqft. The unit has 2 registered sales; the first was AED 5,766,000 in October 2019.

What is the rent for unit 304?

AED 1,500,000 a year on the contract signed on 1 April 2025.

How big is unit 304?

2,563 sqft (238.1 sqm): a four-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 1

Starts from the last sale price (AED 6.3M, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 6,300,000
Deposit, UAE resident (20%)
AED 1,260,000
Deposit, non-resident (40%)
AED 2,520,000
Monthly over 25 years at 3.7%
AED 25,775

Plus AED 269,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →