509, Bluewaters Residences 3
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Bluewaters Residences 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,595 sqft
- Floor
- 5th of 8
- Parking
- G218
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 46,200 /yr
- Last sold
- AED 3.68M · October 2017
- Building
- Bluewaters Residences 3
About 509, Bluewaters Residences 3
509 is a two-bedroom apartment of 1,595 sqft on the 5th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 23 October 2017 for AED 3,681,000, or AED 2,307 per sqft, 5% above the AED 2,194 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 500,000 a year: a gross yield of 13.6% on the 2017 price, before the service charge of about AED 46,200 a year.
Sales and rents for 509 over time
509 has sold once; the dashed line is the two-bed median of each year in the building.
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 3, and where 509 sits
All 29 2-beds →509 last sold in October 2017 at AED 2,307 per sqft, 5% above what two-beds in Bluewaters Residences 3 were fetching at the time (AED 2,194). Over the last 12 months two-beds sold for AED 3,467,000 to 11,150,000, around AED 4,551 per sqft, and rent for AED 321,000 to 550,000 a year. 509's AED 500,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,641 sqft | 3,467,000 | 2,112 | ||
| 26 May 202526 May 2025 | 1,641 sqft | 8,200,000 | 4,996 | ||
| 21 Mar 202521 March 2025 | 1,450 sqft | 11,000,000 | 7,587 | ||
| 5 Mar 20255 March 2025 | 1,464 sqft | 8,300,000 | 5,668 |
Bluewaters Residences 3
Building91 apartments, 1-bed to 4-bed over 8 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.
- Typical price per sqft
- AED 6,811
- Typical sale
- AED 12.15M
- Typical rent
- AED 453K /yr
- Typical yield
- 4.3%
Other units on the 5th floor
All 91 units in Bluewaters Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,129 sqft | AED 12.69MAED 12,690,000 · Nov 2023November 2023 | 830,000 /yr | |
| 502 | 1-bed | 1,307 sqft | AED 5.05MAED 5,050,000 · May 2023May 2023 | 135,000 /yr | |
| 503 | 1-bed | 1,119 sqft | AED 5.88MAED 5,875,000 · Apr 2024April 2024 | 290,000 /yr | |
| 504 | 1-bed | 1,138 sqft | AED 5.3MAED 5,300,000 · Mar 2023March 2023 | 120,000 /yr | |
| 505 | 1-bed | 1,133 sqft | AED 2.4MAED 2,395,000 · Jul 2018July 2018 | 280,000 /yr | |
| 506 | 2-bed | 1,641 sqft | AED 3.54MAED 3,537,000 · Jun 2018June 2018 | ||
| 507 | 4-bed | 2,459 sqft | AED 12.3MAED 12,300,000 · Jul 2022July 2022 | 1,300,000 /yr | |
| 508 | 3-bed | 2,033 sqft | AED 4.54MAED 4,540,000 · Feb 2018February 2018 | ||
| 510 | 2-bed | 1,450 sqft | AED 3.36MAED 3,356,000 · Jul 2018July 2018 | 148,500 /yr | |
| 511 | 3-bed | 2,023 sqft | AED 6.3MAED 6,300,000 · Aug 2021August 2021 | 512,500 /yr |
509, Bluewaters Residences 3 in numbers
- Sold once: by Blue Waters Residential on 23 October 2017 for AED 3,681,000, or AED 2,307 per sqft.
- Rented since January 2020 on 4 Ejari contracts, from AED 250,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2017 price is 13.6%, before a service charge of about AED 46,200 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 3 sold for AED 3,467,000–11,150,000 in the 12 months to November 2026; the building's median across all types is AED 6,811 per sqft.
Source: Dubai Land Department. Updated 1 March 2025.
Questions about 509, Bluewaters Residences 3
What did unit 509 last sell for?
AED 3,681,000 on 23 October 2017, sold by the developer: AED 2,307 per sqft for 1,595 sqft. It is the only registered sale of the unit.
What is the rent for unit 509?
AED 500,000 a year on the contract signed on 1 March 2025. The previous contract, from February 2024, was AED 500,000; the unit has been rented since January 2020.
How big is unit 509?
1,595 sqft (148.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2019.
What is unit 509 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 3 sold for AED 3,467,000 to 11,150,000 in the last 12 months, around AED 4,551 per sqft.
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Mortgage on 509, Bluewaters Residences 3
Starts from the last sale price (AED 3.68M, 23 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,681,000
- Deposit, UAE resident (20%)
- AED 736,200
- Deposit, non-resident (40%)
- AED 1,472,400
- Monthly over 25 years at 3.7%
- AED 15,060
Plus AED 159,612 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →