Brownian dynamics simulations are used to investigate the dynamics of orientational properties of real charge-stabilized ferrofluids, i.e. stable colloidal dispersions of magnetic nanoparticles. The relaxation times of the magnetization and of the birefringence, data accessible by experimental techniques, have been computed at several volume fractions. Besides, the effect of hydrodynamic interactions has been investigated. Equilibrium simulations without field are found to be inadequate to determine the aforementioned relaxation times for the systems under study, the dipolar interaction being too weak. Thus a nonequilibrium simulation procedure that mimics the experimental operating mode has been developed. After equilibrium simulations under a magnetic field, both birefringence and magnetization decays are recorded once the field is suppressed. Birefringence and magnetization decays are markedly impeded as the volume fraction increases, whereas they are barely enhanced when the intensity of the initial magnetic field is increased at a fixed volume fraction. Eventually, hydrodynamic interactions exhibit a slight but systematic lengthening of the relaxation times.