Bluewaters Residences 3

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community Bluewaters Island
Property type Apartment
Data updated Mar 17, 2026

Bluewaters Residences 3 is a Delivered development by Meraas Development L.L.C in Bluewaters Island. 91 units across 2 Bedroom (34%), 1 Bedroom (31%), 3 Bedroom (23%). Over the trailing 12 months, 182 sales at a median of AED 10,000,000.

Key Metrics
Median Price
Value
AED 10,000,000
Change
7.0% YoY
Transactions
Value
182
Change
17 in period
Price / sqft
Value
AED 5,659
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 10,000,000
↓ 7.0% YoY
Transactions
182
↑ 17 in period
Price / sqft
AED 5,659
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
24.9%
Holding Period
Value
2.6 yrs
Liquidity
Value
18.7%
Ready Market Mix
Value
0.0%
Rental Activity
Value
25.3%
Capital Return
24.9%
Holding Period
2.6 yrs
Liquidity
18.7%
Ready Market Mix
0.0%
Rental Activity
25.3%

Rental Performance

Rental Volume
Value
208
Avg Annual Rent
Value
AED 342,202
New Leases
Value
71.2%
Renewals
Value
28.8%
Rental Volume
208
Avg Annual Rent
AED 342,202
New Leases
71.2%
Renewals
28.8%

Unit Mix

By bedroom type
1 Bedroom 28 units · 31%
2 Bedroom 31 units · 34%
3 Bedroom 21 units · 23%
4 Bedroom 11 units · 12%

Transaction Breakdown

All time — 182 transactions
Off-Plan Primary
62
Ready Primary
29
Ready Secondary
91

Price History

Median Price — Bluewaters Residences 3

Median prices in Bluewaters Residences 3 have declined significantly, down 33% to AED 5.5M over the past 8 months.

Recent Transactions

Showing last 10 of 182
Date Type Price (AED) Size (sqft) AED/sqft
Mar 17, 2026 RP Secondary 5,500,000 1,137 4,834
Feb 26, 2026 RP Secondary 6,250,000 1,118 5,587
Feb 05, 2026 RP Secondary 14,500,000 2,128 6,811
Jan 26, 2026 RP Secondary 19,450,000 2,458 7,909
Jan 12, 2026 RP Secondary 14,300,000 2,033 7,033
Jan 12, 2026 RP Secondary 5,825,000 1,133 5,139
Jan 08, 2026 RP Secondary 5,980,000 1,118 5,345
Dec 25, 2025 RP Secondary 12,150,000 2,023 6,005
Dec 19, 2025 RP Secondary 11,150,000 1,595 6,990
Dec 11, 2025 RP Secondary 14,800,000 2,128 6,951

This project is in Bluewaters Island

See all community data: community KPIs, all projects, price trends, and community-level analysis.

View Bluewaters Island analysis →

Similar Projects

By location, price, and property type
Bluewaters Residences 6
Bluewaters Island
Median AED 4,653,000
Txns 123
Bluewaters Residences 2
Bluewaters Island
Median AED 4,638,000
Txns 166
Bluewaters Residences 4
Bluewaters Island
Median AED 4,534,000
Txns 165
Bluewaters Residences 7
Bluewaters Island
Median AED 4,530,550
Txns 172
Bluewaters Bay - Building 1
Bluewaters Island
Median AED 4,986,000
Txns 432