603, Bluewaters Residences 1
Sold prices and rental history: sold 3 times, last in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Bluewaters Residences 1
What is 603 worth today?
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Source: Dubai Land Department. Updated 11 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,711 sqft
- Floor
- 6th of 6
- Parking
- G143
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 49,600 /yr
- Last sold
- AED 8.9M · June 2024
- Building
- Bluewaters Residences 1
About 603, Bluewaters Residences 1
603 is a two-bedroom apartment of 1,711 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 20 June 2024 for AED 8,900,000, or AED 5,200 per sqft, 13% above the AED 4,616 two-beds in the building were fetching at the time.
It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 11 March 2026, is AED 500,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 49,600 a year.
Sales and rents for 603 over time
603 has sold 3 times; 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 603 sits
All 16 2-beds →603 last sold in June 2024 at AED 5,200 per sqft, 13% above what two-beds in Bluewaters Residences 1 were fetching at the time (AED 4,616). 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. 603's AED 500,000 is in the upper half 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 | |
| 602 | 2-bed | 1,479 sqft | AED 3.08MAED 3,078,000 · Oct 2019October 2019 | 300,000 /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 |
603, Bluewaters Residences 1 in numbers
- Sold 3 times: first on 27 November 2019 for AED 3,589,000, last on 20 June 2024 for AED 8,900,000 (AED 5,200 per sqft).
- Rented since March 2025 on 3 Ejari contracts, at AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 49,600 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 March 2026.
Questions about 603, Bluewaters Residences 1
What did unit 603 last sell for?
AED 8,900,000 on 20 June 2024: AED 5,200 per sqft for 1,711 sqft. The unit has 3 registered sales; the first was AED 3,589,000 in November 2019.
What is the rent for unit 603?
AED 500,000 a year on the contract renewed on 11 March 2026. The previous contract, from March 2025, was AED 500,000; the unit has been rented since March 2025.
How big is unit 603?
1,711 sqft (159.0 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.
What is unit 603 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 603, Bluewaters Residences 1
Starts from the last sale price (AED 8.9M, 20 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,900,000
- Deposit, UAE resident (20%)
- AED 1,780,000
- Deposit, non-resident (40%)
- AED 3,560,000
- Monthly over 25 years at 3.7%
- AED 36,413
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →