4-bed · 2,474 sqftBluewaters Residences 1, Bluewaters Island · 3rd floor · completed 2019

306, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in November 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 27 August 2025
Last soldAED 5.75M15 November 2020
Current rentAED 800K /yr27 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Bluewaters Residences 1

What is 306 worth today?

Last sold for AED 5,750,000 in 2020

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27 Aug 2025RentedNew contract
AED 800,000/yr12 months · AED 323 per sqft
8 Jun 2024RentedNew contract
AED 800,000/yr12 months · AED 325 per sqft
13 May 2022RentedNew contract
AED 1,000,000/yr12 months · AED 404 per sqft
15 Nov 2020SoldReady
AED 5,750,000AED 2,324 per sqft
29 Sep 2019Sold by developerReady
AED 5,580,000AED 2,255 per sqft

Source: Dubai Land Department. Updated 27 August 2025.

Key facts

Type
4-bed apartment
Size
2,474 sqft
Floor
3rd of 6
Parking
G160, G161
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,700 /yr
Last sold
AED 5.75M · November 2020

About 306, Bluewaters Residences 1

306 is a four-bedroom apartment of 2,474 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 15 November 2020 for AED 5,750,000, or AED 2,324 per sqft, 14% above the AED 2,044 four-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 27 August 2025, is AED 800,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 71,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, September 2019: AED 5,580,000 (AED 2,255 per sqft)Sold, November 2020: AED 5,750,000 (AED 2,324 per sqft)

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

Rents
Unit 306, each contractTypical four-bed in Bluewaters Residences 1
500K1M2020202220242026Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2022 AED 1,000,000; 2024 AED 800,000New contract, May 2022: AED 1,000,000 a yearNew contract, June 2024: AED 800,000 a yearNew contract, August 2025: AED 800,000 a year

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 306 sits

All 17 4-beds →

306 last sold in November 2020 at AED 2,324 per sqft, 14% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,044).

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
3044-bedAED 6.3M · Mar 2021
3053-bedAED 3.8M · Sep 2020

306, Bluewaters Residences 1 in numbers

  • Sold twice: first on 29 September 2019 for AED 5,580,000, last on 15 November 2020 for AED 5,750,000 (AED 2,324 per sqft).
  • Rented since May 2022 on 3 Ejari contracts, from AED 1,000,000 to AED 800,000 a year.
  • At AED 800,000 a year the gross yield on the 2020 price is 13.9%, before a service charge of about AED 71,700 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 27 August 2025.

Questions about 306, Bluewaters Residences 1

What did unit 306 last sell for?

AED 5,750,000 on 15 November 2020: AED 2,324 per sqft for 2,474 sqft. The unit has 2 registered sales; the first was AED 5,580,000 in September 2019.

What is the rent for unit 306?

AED 800,000 a year on the contract signed on 27 August 2025. The previous contract, from June 2024, was AED 800,000; the unit has been rented since May 2022.

How big is unit 306?

2,474 sqft (229.8 sqm): a four-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.

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Mortgage on 306, Bluewaters Residences 1

Starts from the last sale price (AED 5.75M, 15 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

Plus AED 246,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →