4-bed · 2,563 sqftBluewaters Residences 1, Bluewaters Island · 6th floor · completed 2019

604, Bluewaters Residences 1

Sold prices and rental history: sold 3 times, last in March 2025, and rented once, from December 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 16.9M17 March 2025
Current rentAED 500K /yr5 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Bluewaters Residences 1

What is 604 worth today?

Last sold for AED 16,900,000 in 2025

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17 Mar 2025SoldReady
AED 16,900,000AED 6,594 per sqft
5 Dec 2024RentedNew contract
AED 500,000/yr12 months · AED 195 per sqft
8 Feb 2023SoldReady
AED 16,600,000AED 6,477 per sqft
1 Oct 2018Sold by developerOff-plan
AED 5,797,000AED 2,262 per sqft

Source: Dubai Land Department. Updated 17 March 2025.

Key facts

Type
4-bed apartment
Size
2,563 sqft
Floor
6th of 6
Parking
B380, B381
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 74,300 /yr
Last sold
AED 16.9M · March 2025

About 604, Bluewaters Residences 1

604 is a four-bedroom apartment of 2,563 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 17 March 2025 for AED 16,900,000, or AED 6,594 per sqft.

One Ejari contract is registered, from 5 December 2024. The current contract, signed on 5 December 2024, is AED 500,000 a year: a gross yield of 3.0% on the 2025 price, before the service charge of about AED 74,300 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical four-bed in Bluewaters Residences 1
10M20M2018202020222024Typical sale price by year: 2018 AED 5,565,000; 2019 AED 5,771,000; 2020 AED 11,642,000; 2021 AED 6,637,500; 2022 AED 16,000,000; 2023 AED 18,300,000Sold by developer, October 2018: AED 5,797,000 (AED 2,262 per sqft)Sold, February 2023: AED 16,600,000 (AED 6,477 per sqft)Sold, March 2025: AED 16,900,000 (AED 6,594 per sqft)

604 has sold 3 times; the dashed line is the four-bed median of each year in the building.

Rents
Unit 604, each contractTypical four-bed in Bluewaters Residences 1
250K500K750K2020202220242026Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2024 AED 800,000; 2025 AED 700,000; 2026 AED 760,000New contract, December 2024: AED 500,000 a year

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

4-beds in Bluewaters Residences 1, and where 604 sits

All 17 4-beds →

604's AED 500,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
29 May 202319,400,000
17 Mar 202319,100,000
7 Feb 202317,500,000
28 Oct 202216,000,000
0 4-bed sales 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
6012-bedAED 3.7M · Jan 2021
6022-bedAED 3.08M · Oct 2019
6032-bedAED 8.9M · Jun 2024
6053-bedAED 12.65M · Feb 2025
6064-bedAED 19.1M · Mar 2023

604, Bluewaters Residences 1 in numbers

  • Sold 3 times: first on 1 October 2018 for AED 5,797,000, last on 17 March 2025 for AED 16,900,000 (AED 6,594 per sqft).
  • Rented since December 2024 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2025 price is 3.0%, before a service charge of about AED 74,300 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 17 March 2025.

Questions about 604, Bluewaters Residences 1

What did unit 604 last sell for?

AED 16,900,000 on 17 March 2025: AED 6,594 per sqft for 2,563 sqft. The unit has 3 registered sales; the first was AED 5,797,000 in October 2018.

What is the rent for unit 604?

AED 500,000 a year on the contract signed on 5 December 2024.

How big is unit 604?

2,563 sqft (238.1 sqm): a four-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.

What is unit 604 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 604, Bluewaters Residences 1

Starts from the last sale price (AED 16.9M, 17 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 16,900,000
Deposit, UAE resident (20%)
AED 3,380,000
Deposit, non-resident (40%)
AED 6,760,000
Monthly over 25 years at 3.7%
AED 69,143

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