602, Bluewaters Residences 2
Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Bluewaters Residences 2
What is 602 worth today?
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Source: Dubai Land Department. Updated 11 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,512 sqft
- Floor
- 6th of 7
- Parking
- B309
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 43,800 /yr
- Last sold
- AED 3.26M · July 2019
- Building
- Bluewaters Residences 2
About 602, Bluewaters Residences 2
602 is a two-bedroom apartment of 1,512 sqft on the 6th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 23 July 2019 for AED 3,260,000, or AED 2,155 per sqft, in line with the AED 2,150 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 11 November 2023, is AED 224,250 a year: a gross yield of 6.9% on the 2019 price, before the service charge of about AED 43,800 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 2, and where 602 sits
All 38 2-beds →602 last sold in July 2019 at AED 2,155 per sqft, in line with what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,150). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,298 per sqft, and rent for AED 280,000 to 480,000 a year. 602's AED 224,250 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,536 sqft | 6,600,000 | 4,298 | ||
| 28 Jan 202628 January 2026 | 1,826 sqft | 4,267,093 | 2,336 | ||
| 8 Dec 20258 December 2025 | 1,488 sqft | 9,000,000 | 6,047 | ||
| 24 Sep 202524 September 2025 | 1,760 sqft | 11,000,000 | 6,251 |
Bluewaters Residences 2
Building81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.
- Typical price per sqft
- AED 5,730 Up 14.6%
- Typical sale
- AED 10.13M
- Typical rent
- AED 400K /yr
- Typical yield
- 4.9%
Other units on the 6th floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 2,115 sqft | AED 12.6MAED 12,600,000 · Dec 2025December 2025 | 1,150,000 /yr | |
| 603 | 2-bed | 1,677 sqft | AED 3.37MAED 3,371,000 · Feb 2020February 2020 | 350,000 /yr | |
| 604 | 2-bed | 1,536 sqft | AED 10.9MAED 10,900,000 · Apr 2025April 2025 | 220,000 /yr | |
| 605 | 2-bed | 1,511 sqft | AED 2.71MAED 2,705,213 · Apr 2021April 2021 | 160,000 /yr | |
| 606 | 2-bed | 1,636 sqft | AED 7.5MAED 7,500,000 · Mar 2023March 2023 | 425,000 /yr | |
| 607 | 4-bed | 2,466 sqft | AED 12.2MAED 12,200,000 · Jun 2022June 2022 | 326,049 /yr | |
| 608 | 2-bed | 1,488 sqft | AED 9.5MAED 9,500,000 · Apr 2023April 2023 | ||
| 609 | 3-bed | 1,987 sqft | AED 13.5MAED 13,500,000 · Feb 2025February 2025 | ||
| 610 | 3-bed | 1,989 sqft | AED 12MAED 12,000,000 · Aug 2026August 2026 | 700,000 /yr | |
| 611 | 1-bed | 1,146 sqft | AED 4.5MAED 4,500,000 · Oct 2022October 2022 | 250,000 /yr | |
| 612 | 3-bed | 2,061 sqft | AED 4.63MAED 4,631,000 · Jun 2019June 2019 | 590,000 /yr |
602, Bluewaters Residences 2 in numbers
- Sold once: by Blue Waters Residential on 23 July 2019 for AED 3,260,000, or AED 2,155 per sqft.
- Rented since October 2019 on 5 Ejari contracts, from AED 149,173 to AED 224,250 a year.
- At AED 224,250 a year the gross yield on the 2019 price is 6.9%, before a service charge of about AED 43,800 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.
Source: Dubai Land Department. Updated 11 November 2023.
Questions about 602, Bluewaters Residences 2
What did unit 602 last sell for?
AED 3,260,000 on 23 July 2019, sold by the developer: AED 2,155 per sqft for 1,512 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 224,250 a year on the contract renewed on 11 November 2023. The previous contract, from November 2022, was AED 195,000; the unit has been rented since October 2019.
How big is unit 602?
1,512 sqft (140.5 sqm): a two-bedroom apartment on the 6th floor of a 7-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 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,298 per sqft.
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Mortgage on 602, Bluewaters Residences 2
Starts from the last sale price (AED 3.26M, 23 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,260,000
- Deposit, UAE resident (20%)
- AED 652,000
- Deposit, non-resident (40%)
- AED 1,304,000
- Monthly over 25 years at 3.7%
- AED 13,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →