602, Bluewaters Residences 1
Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Bluewaters Residences 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 10 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,479 sqft
- Floor
- 6th of 6
- Parking
- G142
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 42,900 /yr
- Last sold
- AED 3.08M · October 2019
- Building
- Bluewaters Residences 1
About 602, Bluewaters Residences 1
602 is a two-bedroom apartment of 1,479 sqft on the 6th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 31 October 2019 for AED 3,078,000, or AED 2,080 per sqft, in line with the AED 2,091 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 March 2025, is AED 300,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 42,900 a year.
Sales and rents for 602 over time
602 has sold once; the dashed line is the two-bed median of each year in the building.
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 602 sits
All 16 2-beds →602 last sold in October 2019 at AED 2,080 per sqft, in line with what two-beds in Bluewaters Residences 1 were fetching at the time (AED 2,091). 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. 602's AED 300,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,499 sqft | 7,100,000 | 4,736 | ||
| 22 May 202522 May 2025 | 1,478 sqft | 6,050,000 | 4,093 | ||
| 15 Nov 202415 November 2024 | 1,711 sqft | 6,800,000 | 3,973 | ||
| 20 Sep 202420 September 2024 | 1,980 sqft | 4,700,000 | 2,374 |
Bluewaters Residences 1
Building41 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%
Other units on the 6th floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,768 sqft | AED 3.7MAED 3,700,000 · Jan 2021January 2021 | 205,000 /yr | |
| 603 | 2-bed | 1,711 sqft | AED 8.9MAED 8,900,000 · Jun 2024June 2024 | 500,000 /yr | |
| 604 | 4-bed | 2,563 sqft | AED 16.9MAED 16,900,000 · Mar 2025March 2025 | 500,000 /yr | |
| 605 | 3-bed | 2,175 sqft | AED 12.65MAED 12,650,000 · Feb 2025February 2025 | 550,000 /yr | |
| 606 | 4-bed | 2,473 sqft | AED 19.1MAED 19,100,000 · Mar 2023March 2023 | 720,000 /yr |
602, Bluewaters Residences 1 in numbers
- Sold once: by Blue Waters Residential on 31 October 2019 for AED 3,078,000, or AED 2,080 per sqft.
- Rented since March 2025 on 2 Ejari contracts, at AED 300,000 a year.
- At AED 300,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 42,900 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 10 March 2025.
Questions about 602, Bluewaters Residences 1
What did unit 602 last sell for?
AED 3,078,000 on 31 October 2019, sold by the developer: AED 2,080 per sqft for 1,479 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 300,000 a year on the contract signed on 10 March 2025. The previous contract, from March 2025, was AED 300,000.
How big is unit 602?
1,479 sqft (137.4 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.
What is unit 602 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.
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Mortgage on 602, Bluewaters Residences 1
Starts from the last sale price (AED 3.08M, 31 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,078,000
- Deposit, UAE resident (20%)
- AED 615,600
- Deposit, non-resident (40%)
- AED 1,231,200
- Monthly over 25 years at 3.7%
- AED 12,593
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →