3-bed · 2,129 sqftBluewaters Residences 3, Bluewaters Island · 6th floor · completed 2019

601, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in October 2019, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 4.91M21 October 2019
Current rentAED 249K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Bluewaters Residences 3

What is 601 worth today?

Last sold for AED 4,913,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jun 2021RentedNew contract
AED 249,307/yr12 months · AED 117 per sqft
21 Oct 2019Sold by developerReady
AED 4,913,000AED 2,307 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
3-bed apartment
Size
2,129 sqft
Floor
6th of 8
Parking
B421, B422
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,700 /yr
Last sold
AED 4.91M · October 2019

About 601, Bluewaters Residences 3

601 is a three-bedroom apartment of 2,129 sqft on the 6th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 21 October 2019 for AED 4,913,000, or AED 2,307 per sqft, 3% above the AED 2,239 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2021. The current contract, signed on 1 June 2021, is AED 249,307 a year: a gross yield of 5.1% on the 2019 price, before the service charge of about AED 61,700 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical three-bed in Bluewaters Residences 3
5M10M2017202020232026Typical sale price by year: 2017 AED 4,586,000; 2018 AED 4,751,000; 2019 AED 4,607,000; 2022 AED 7,275,000; 2023 AED 11,600,000; 2024 AED 12,000,000; 2025 AED 12,150,000Sold by developer, October 2019: AED 4,913,000 (AED 2,307 per sqft)

601 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 601, each contractTypical three-bed in Bluewaters Residences 3
200K300K400K2019202120232025Typical rent by year: 2019 AED 240,000; 2020 AED 230,000; 2021 AED 244,654; 2022 AED 390,000; 2023 AED 449,566; 2025 AED 390,000New contract, June 2021: AED 249,307 a year

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

3-beds in Bluewaters Residences 3, and where 601 sits

All 21 3-beds →

601 last sold in October 2019 at AED 2,307 per sqft, 3% above what three-beds in Bluewaters Residences 3 were fetching at the time (AED 2,239). Over the last 12 months three-beds sold for AED 12,150,000 to 14,800,000, around AED 6,882 per sqft, and rent for AED 475,000 to 475,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
5 Feb 202614,500,000
12 Jan 202614,300,000
25 Dec 202512,150,000
11 Dec 202514,800,000
4 3-bed sales in the last 12 months

Bluewaters Residences 3

Building

91 apartments, 1-bed to 4-bed over 8 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 15 sold in the last 12 months.

Typical price per sqft
AED 5,346 Down 8.8%
Typical sale
AED 6.25M
Typical rent
AED 368K /yr
Typical yield
4.8%
Bluewaters Residences 3, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 91 units in Bluewaters Residences 3
Value
6021-bedAED 2.65M · Aug 2017
6031-bedAED 2.63M · Jan 2018
6041-bedAED 2.43M · Dec 2017
6051-bedAED 5.83M · Jan 2026
6062-bedAED 3.35M · Dec 2019
6074-bedAED 16M · Nov 2022
6083-bedAED 6.25M · Feb 2022
1–7 of 10

601, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 21 October 2019 for AED 4,913,000, or AED 2,307 per sqft.
  • Rented since June 2021 on one Ejari contract, at AED 249,307 a year.
  • At AED 249,307 a year the gross yield on the 2019 price is 5.1%, before a service charge of about AED 61,700 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 3 sold for AED 12,150,000–14,800,000 in the 12 months to November 2026; the building's median across all types is AED 5,346 per sqft.

Source: Dubai Land Department. Updated 1 June 2021.

Questions about 601, Bluewaters Residences 3

What did unit 601 last sell for?

AED 4,913,000 on 21 October 2019, sold by the developer: AED 2,307 per sqft for 2,129 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 249,307 a year on the contract signed on 1 June 2021.

How big is unit 601?

2,129 sqft (197.8 sqm): a three-bedroom apartment on the 6th floor of a 8-storey tower completed in 2019.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 3 sold for AED 12,150,000 to 14,800,000 in the last 12 months, around AED 6,882 per sqft.

Selling 601? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 601, Bluewaters Residences 3

Starts from the last sale price (AED 4.91M, 21 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,913,000
Deposit, UAE resident (20%)
AED 982,600
Deposit, non-resident (40%)
AED 1,965,200
Monthly over 25 years at 3.7%
AED 20,101

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