2-bed · 1,511 sqftBluewaters Residences 2, Bluewaters Island · 6th floor · completed 2019

605, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in April 2021, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 19 April 2021
Last soldAED 2.71M19 April 2021
Current rentAED 160K /yr1 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Bluewaters Residences 2

What is 605 worth today?

Last sold for AED 2,705,213 in 2021

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19 Apr 2021SoldReady
AED 2,705,213AED 1,790 per sqft
1 Sep 2020RentedNew contract
AED 160,000/yr12 months · AED 106 per sqft
22 Jul 2019Sold by developerReady
AED 3,150,000AED 2,085 per sqft

Source: Dubai Land Department. Updated 19 April 2021.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
6th of 7
Parking
G237
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,800 /yr
Last sold
AED 2.71M · April 2021

About 605, Bluewaters Residences 2

605 is a two-bedroom apartment of 1,511 sqft on the 6th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 19 April 2021 for AED 2,705,213, or AED 1,790 per sqft, 6% below the AED 1,901 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2020. The current contract, signed on 1 September 2020, is AED 160,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 43,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Bluewaters Residences 2
5M2019202120232025Typical sale price by year: 2019 AED 3,311,000; 2020 AED 3,222,000; 2021 AED 3,300,000; 2022 AED 6,390,000; 2023 AED 7,500,000; 2024 AED 8,050,000; 2025 AED 8,400,000Sold by developer, July 2019: AED 3,150,000 (AED 2,085 per sqft)Sold, April 2021: AED 2,705,213 (AED 1,790 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in Bluewaters Residences 2
200K400K20192021202320252027Typical rent by year: 2019 AED 165,000; 2020 AED 160,000; 2021 AED 200,000; 2022 AED 300,000; 2023 AED 390,000; 2024 AED 430,000; 2025 AED 355,000; 2026 AED 350,000New contract, September 2020: AED 160,000 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 2, and where 605 sits

All 38 2-beds →

605 last sold in April 2021 at AED 1,790 per sqft, 6% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 1,901). 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. 605's AED 160,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20266,600,000
28 Jan 20264,267,093
8 Dec 20259,000,000
24 Sep 202511,000,000
3 2-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 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%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 81 units in Bluewaters Residences 2
Value
6013-bedAED 12.6M · Dec 2025
6022-bedAED 3.26M · Jul 2019
6032-bedAED 3.37M · Feb 2020
6042-bedAED 10.9M · Apr 2025
6062-bedAED 7.5M · Mar 2023
6074-bedAED 12.2M · Jun 2022
6082-bedAED 9.5M · Apr 2023
1–7 of 11

605, Bluewaters Residences 2 in numbers

  • Sold twice: first on 22 July 2019 for AED 3,150,000, last on 19 April 2021 for AED 2,705,213 (AED 1,790 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 5.9%, 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 19 April 2021.

Questions about 605, Bluewaters Residences 2

What did unit 605 last sell for?

AED 2,705,213 on 19 April 2021: AED 1,790 per sqft for 1,511 sqft. The unit has 2 registered sales; the first was AED 3,150,000 in July 2019.

What is the rent for unit 605?

AED 160,000 a year on the contract signed on 1 September 2020.

How big is unit 605?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 605 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 605, Bluewaters Residences 2

Starts from the last sale price (AED 2.71M, 19 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,705,213
Deposit, UAE resident (20%)
AED 541,043
Deposit, non-resident (40%)
AED 1,082,085
Monthly over 25 years at 3.7%
AED 11,068

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