704, Bluewaters Residences 3
Sold prices and rental history: sold 3 times, last in January 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Bluewaters Residences 3
What is 704 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,138 sqft
- Floor
- 7th of 8
- Parking
- B188
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 33,000 /yr
- Last sold
- AED 4.5M · January 2023
- Building
- Bluewaters Residences 3
About 704, Bluewaters Residences 3
704 is a one-bedroom apartment of 1,138 sqft on the 7th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 31 January 2023 for AED 4,500,000, or AED 3,953 per sqft, 18% above the AED 3,352 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 15 February 2025, is AED 325,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 33,000 a year.
Sales and rents for 704 over time
704 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bluewaters Residences 3, and where 704 sits
All 26 1-beds →704 last sold in January 2023 at AED 3,953 per sqft, 18% above what one-beds in Bluewaters Residences 3 were fetching at the time (AED 3,352). Over the last 12 months one-beds sold for AED 5,825,000 to 5,980,000, around AED 5,242 per sqft, and rent for AED 274,659 to 400,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 202612 January 2026 | 1,133 sqft | 5,825,000 | 5,139 | ||
| 8 Jan 20268 January 2026 | 1,119 sqft | 5,980,000 | 5,345 | ||
| 19 Apr 202419 April 2024 | 1,119 sqft | 5,875,000 | 5,252 | ||
| 17 Jan 202417 January 2024 | 1,133 sqft | 5,300,000 | 4,676 |
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 7th floor
All 91 units in Bluewaters Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,129 sqft | AED 14.5MAED 14,500,000 · Feb 2026February 2026 | ||
| 702 | 1-bed | 1,307 sqft | AED 4.5MAED 4,500,000 · Nov 2022November 2022 | 120,000 /yr | |
| 703 | 1-bed | 1,119 sqft | AED 5.2MAED 5,200,000 · Feb 2023February 2023 | 340,000 /yr | |
| 705 | 1,133 sqft | AED 2.44MAED 2,443,000 · Nov 2019November 2019 | 260,000 /yr | ||
| 706 | 2-bed | 1,641 sqft | AED 3.25MAED 3,250,000 · Feb 2021February 2021 | ||
| 707 | 4-bed | 2,459 sqft | AED 6MAED 6,000,000 · Jul 2019July 2019 | ||
| 708 | 3-bed | 2,033 sqft | AED 14.3MAED 14,300,000 · Jan 2026January 2026 | ||
| 709 | 2-bed | 1,594 sqft | AED 3.75MAED 3,754,000 · Nov 2017November 2017 | 425,000 /yr | |
| 710 | 2-bed | 1,450 sqft | AED 9MAED 9,000,000 · May 2023May 2023 | 165,000 /yr | |
| 711 | 3-bed | 2,023 sqft | AED 12.8MAED 12,800,000 · Apr 2025April 2025 |
704, Bluewaters Residences 3 in numbers
- Sold 3 times: first on 12 December 2017 for AED 2,457,000, last on 31 January 2023 for AED 4,500,000 (AED 3,953 per sqft).
- Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 128,000 to AED 110,000 in 2020 and recovered to AED 325,000 by February 2025.
- At AED 325,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 33,000 a year (AED 28.99 per sqft).
- One-beds in Bluewaters Residences 3 sold for AED 5,825,000–5,980,000 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 15 February 2025.
Questions about 704, Bluewaters Residences 3
What did unit 704 last sell for?
AED 4,500,000 on 31 January 2023: AED 3,953 per sqft for 1,138 sqft. The unit has 3 registered sales; the first was AED 2,457,000 in December 2017.
What is the rent for unit 704?
AED 325,000 a year on the contract signed on 15 February 2025. The previous contract, from November 2023, was AED 370,000; the unit has been rented since August 2019.
How big is unit 704?
1,138 sqft (105.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2019.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 3 sold for AED 5,825,000 to 5,980,000 in the last 12 months, around AED 5,242 per sqft.
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Mortgage on 704, Bluewaters Residences 3
Starts from the last sale price (AED 4.5M, 31 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 4,500,000
- Deposit, UAE resident (20%)
- AED 900,000
- Deposit, non-resident (40%)
- AED 1,800,000
- Monthly over 25 years at 3.7%
- AED 18,411
Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →