Bluewaters Residences 3
A 1 bed in Bluewaters Residences 3 costs a median AED 5.50M, rents long-let for AED 280,000/yr (5.1% gross), and returns 4.7% short-term at the assumed 70% occupancy.
1 bed · typical price
5.50MAED
AED 4,873/sqft
- Rent a year
- AED 280,000
- Gross yield
- 5.1%
Cost to buy, all inAED 5.84M
- Price
- AED 5.50M
- DLD fee 4%
- AED 220,000
- Agent 2% + VAT
- AED 115,500
- Trustee
- AED 4,200
Fees repaid by rent15 months
Is Bluewaters Residences 3 a good investment?The rent pays below the Dubai median and prices are slipping
- Does it pay a good rent?5.1% gross, before the service charge (not on file) (Dubai median 6.8%)5.1%Watch
- Are rents going up?New 1 bed leases: AED 300,000 a year ago, AED 280,000 now (pooled across the project)-6.7%
- Are prices going up?All types: AED 5,664/sqft a year ago, 5,346 now-5.6%Watch
- How fast do fees pay back?AED 339,700 in fees to buy a 1 bed; rent covers it in 1.2 years1.2 yrs
- Can I sell easily?15 sales in 12 months (12 the year before)15
- Did earlier buyers gain?Up 125% for buyers 5 years ago; up 147% for launch buyers, before fees+124.8%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Bluewaters Residences 3 prices and rents by unit typeA one-bed costs about AED 5.50M and rents for about AED 280,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Bluewaters Island
- 3 years
- +17.1% · +5.4%/yr
- Off-plan price gain, 2017–2018
- +130.1% · +10.3%/yr
Rental income
1 bed · Bluewaters Island
- Gross yield
- 5.1%
- Median new rent
- AED 280,000/yr
- Yield vs area median
- -0.5 pts
- Yield vs Dubai (6.8%)
- -1.7 pts
- Renewal rent
- AED 305,000/yr
- New tenants pay vs sitting (16 renewals)
- -8.2%
Short-term income
1 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 1,289
- Net revenue
- AED 259,361/yr
- vs long-let rent
- 0.9×
- Listings seen
- 2+
Read with care
- Rental data covers the whole Bluewaters Residences project, not this tower alone.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Aug 2017, AED 2,585,000; latest, Jun 2026, AED 4,612,500; peak, Oct 2025, AED 6,300,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 5,346 · before fees
- Launch, 2017–19
- 2,167
- +147%
- 49 sales
- 5 years ago
- 2,378
- +125%
- 6 sales
- 3 years ago
- 4,649
- +15%
- 23 sales
- Previous 12 months
- 5,664
- −6%
- 12 sales
- Last 12 months
- 5,346
- today
- 15 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
15 resales in the last 12 months, against 16 a year on average over 2023–2025.
15 resales in the last 12 months.
Short-term rates around Bluewaters Residences 3
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Bluewaters Island
Every Bluewaters Island building with a page, ranked by price per sqft over the same 12 months, all unit types. Bluewaters Residences 3 places 7th of 10; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against Bluewaters Residences 3 (AED 5,346/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
Market context in Bluewaters Island
Registered sales activity
90 ready apartment sales in the 12 months to 2026-10-12.
+5.7% in median AED/sqft versus the preceding year, supported by 90 current and 91 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
0 apartments are planned in Bluewaters Island from 2026 to 2028, equal to 0% of the 329 homes let there today.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The Bluewaters Residences towers
10 towers in Bluewaters Residences, at the bedroom type above.
Ejari files Bluewaters Residences’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Bluewaters Island: every development at this typeBluewaters Island: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.
About Bluewaters Residences 3
Bluewaters Residences 3 is an apartment building completed in 2019 in Bluewaters Island. 171 sales are registered with the Dubai Land Department.
Drive times · typical
- Downtown
- 23 min · 24 km
- DXB Airport
- 27 min · 38 km
- DIFC
- 19 min · 27 km
- Dubai Marina
- 11 min · 6.4 km
- Palm Jumeirah
- 19 min · 15 km
Nearest, as registered
- Metro
- Jumeirah Beach Residency
- Mall
- Marina Mall
- Landmark
- Burj Al Arab
Bluewaters Residences 3: AED 5,346 per sq ft, 4% below the median Bluewaters Island building, and a 6.6% gross yield, in the top tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Bluewaters Residences 3AED 5,346
- Bluewaters Island, readyAED 5,699
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Bluewaters Residences 3Bluewaters Island median building
- Bluewaters Island6.6% vs 4.4%
Nearby in Bluewaters Island
Prices per sq ft around Bluewaters Residences 3, on the mapPrices per sq ft around Bluewaters Residences 3, on the map
Bluewaters Residences 2
Bluewaters Island · 11 sales, 12 months
9.00M
AED, resale median · 5,672/sqft
Bluewaters Residences 7
Bluewaters Island · 11 sales, 12 months
9.32M
AED, resale median · 4,982/sqft
Bluewaters Residences 4
Bluewaters Island · 11 sales, 12 months
10.10M
AED, resale median · 5,754/sqft
Bluewaters Residences 6
Bluewaters Island · 9 sales, 12 months
9.23M
AED, resale median · 5,562/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedOn record
- Rental evidence · 1 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Bluewaters Residences 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 21,400AED
- 4.5% over 25 years
- Monthly rent
- 23,333AED
- AED 280,000 a year
- Cash needed at purchase
- 2,040,825AED
- 30% down plus AED 390,825 in fees
Owning costs AED 1.03M less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Bluewaters Residences 3?
- Bluewaters Residences 3 returns 5.1% gross: a median new-contract rent of AED 280,000 a year (47 Ejari contracts in 12 months) over a price benchmark of AED 5.50M (median of 7 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Bluewaters Residences 3 cost?
- The median registered sale price is AED 5.50M (4,873 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in Bluewaters Residences 3 selling for right now?
- Registered sales of ready units in Bluewaters Residences 3 over the last 12 months have a median of 4,873 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- How does Bluewaters Residences 3 compare with Bluewaters Island?
- Its 5.1% gross yield sits -0.5 pts against the Bluewaters Island median of 5.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in Bluewaters Residences 3?
- The median new annual rent is AED 280,000, from 47 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
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Bluewaters Residences 3 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/bluewaters-island/bluewaters-residences-3
Cite as: Dubai Wealth Index. “Bluewaters Residences 3 sale prices and yield.” Bluewaters Island, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/bluewaters-island/bluewaters-residences-3
Stable dataJSON