2-bed · 1,768 sqftBluewaters Residences 1, Bluewaters Island · 6th floor · completed 2019

601, Bluewaters Residences 1

Sold prices and rental history: sold twice, last in January 2021, and rented once, from March 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 11 January 2021
Last soldAED 3.7M11 January 2021
Current rentAED 205K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Bluewaters Residences 1

What is 601 worth today?

Last sold for AED 3,700,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Jan 2021SoldReady
AED 3,700,000AED 2,093 per sqft
7 Apr 2019Sold by developerReady
AED 4,001,000AED 2,263 per sqft
1 Mar 2019RentedNew contract
AED 205,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 11 January 2021.

Key facts

Type
2-bed apartment
Size
1,768 sqft
Floor
6th of 6
Parking
G141
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 51,200 /yr
Last sold
AED 3.7M · January 2021

About 601, Bluewaters Residences 1

601 is a two-bedroom apartment of 1,768 sqft on the 6th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 11 January 2021 for AED 3,700,000, or AED 2,093 per sqft.

One Ejari contract is registered, from 1 March 2019. The current contract, signed on 1 March 2019, is AED 205,000 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 51,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Bluewaters Residences 1
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,578,500; 2021 AED 3,057,500; 2022 AED 5,800,000; 2023 AED 7,900,000; 2024 AED 6,800,000Sold by developer, April 2019: AED 4,001,000 (AED 2,263 per sqft)Sold, January 2021: AED 3,700,000 (AED 2,093 per sqft)

601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in Bluewaters Residences 1
200K400K20192021202320252027Typical rent by year: 2021 AED 215,000; 2022 AED 245,000; 2024 AED 400,000; 2025 AED 360,000; 2026 AED 479,167New contract, March 2019: AED 205,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bluewaters Residences 1, and where 601 sits

All 16 2-beds →

Over the last 12 months two-beds sold for AED 7,100,000, around AED 4,736 per sqft, and rent for AED 397,861 to 530,000 a year. 601's AED 205,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jul 20267,100,000
22 May 20256,050,000
15 Nov 20246,800,000
20 Sep 20244,700,000
1 2-bed sale in the last 12 months

Bluewaters Residences 1

Building

41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.

Typical price per sqft
AED 4,736
Typical sale
AED 7.1M
Typical rent
AED 500K /yr
Typical yield
6.0%
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 41 units in Bluewaters Residences 1
Value
6022-bedAED 3.08M · Oct 2019
6032-bedAED 8.9M · Jun 2024
6044-bedAED 16.9M · Mar 2025
6053-bedAED 12.65M · Feb 2025
6064-bedAED 19.1M · Mar 2023

601, Bluewaters Residences 1 in numbers

  • Sold twice: first on 7 April 2019 for AED 4,001,000, last on 11 January 2021 for AED 3,700,000 (AED 2,093 per sqft).
  • Rented since March 2019 on one Ejari contract, at AED 205,000 a year.
  • At AED 205,000 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 51,200 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 1 sold for AED 7,100,000–7,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,736 per sqft.

Source: Dubai Land Department. Updated 11 January 2021.

Questions about 601, Bluewaters Residences 1

What did unit 601 last sell for?

AED 3,700,000 on 11 January 2021: AED 2,093 per sqft for 1,768 sqft. The unit has 2 registered sales; the first was AED 4,001,000 in April 2019.

What is the rent for unit 601?

AED 205,000 a year on the contract signed on 1 March 2019.

How big is unit 601?

1,768 sqft (164.3 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 1 sold for AED 7,100,000 to 7,100,000 in the last 12 months, around AED 4,736 per sqft.

Selling 601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 601, Bluewaters Residences 1

Starts from the last sale price (AED 3.7M, 11 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →