Median registered annual rent in Bluewaters Island by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 400,002 a year across 319 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

1 bed

AED 279,045

new AED 280,000 · renewal AED 272,974

−5.7% vs a year ago · new lettings −6.7%

AED 248,750 – AED 319,063

middle half · 76 contracts

—

2 bed

AED 400,000

new AED 400,000 · renewal AED 400,000

±0.0% vs a year ago · new lettings ±0.0%

AED 350,000 – AED 468,740

middle half · 129 contracts

4.5%

3 bed

AED 500,000

new AED 500,000 · renewal AED 486,500

−9.1% vs a year ago · new lettings −15.1%

AED 440,000 – AED 577,500

middle half · 85 contracts

4+ bed

AED 850,000

new AED 850,000 · renewal AED 850,000

+0.6% vs a year ago

AED 755,936 – AED 1,050,000

middle half · 29 contracts

—

35% of these contracts are renewals; 88% run the standard 12 months.

Rent or buy? The arithmetic

For 3-bed apartments: the median registered sale price is AED 12,500,000, which is 25.0 years of the median registered rent (AED 500,000 a year). Buying needs about AED 3,000,000 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 6.0 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Getting around

Stations and malls around homes in Bluewaters Island

The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.

Nearest Metro

DMCC

Red Line · formerly Jumeirah Lakes Towers · 2.0 km straight-line from the community's centre
Tram: Jumeirah Beach Residence 2, 1.2 km

Nearest mall

Dubai Marina Mall

1.9 km straight-line from the community's centre

Nearest landmark

Ain Dubai (Bluewaters)

0.2 km straight-line from the community's centre

Parking

100%

of 592 registered sales came with parking

All 10 buildings in Bluewaters Island with registered sales

Bluewaters Residences 1 Bluewaters Residences 10 Bluewaters Residences 2 Bluewaters Residences 3 Bluewaters Residences 4 Bluewaters Residences 5 Bluewaters Residences 6 Bluewaters Residences 7 Bluewaters Residences 8 Bluewaters Residences 9

Compare them by price per sqft →