1-bed · 1,138 sqftBluewaters Residences 3, Bluewaters Island · 6th floor · completed 2019

604, Bluewaters Residences 3

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 2.43M14 December 2017
Current rentAED 325K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Bluewaters Residences 3

What is 604 worth today?

Last sold for AED 2,432,000 in 2017

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15 Sep 2025RentedNew contract
AED 325,000/yr12 months · AED 285 per sqft
1 Oct 2023RentedRenewal
AED 95,000/yr12 months · AED 83 per sqft
1 Oct 2023RentedRenewal
AED 277,612/yr13 months · AED 246 per sqft
1 Oct 2022RentedNew contract
AED 300,000/yr12 months · AED 263 per sqft
12 Jun 2020RentedRenewal
AED 125,000/yr12 months · AED 110 per sqft
12 Jun 2019RentedNew contract
AED 125,000/yr12 months · AED 110 per sqft
14 Dec 2017Sold by developerOff-plan
AED 2,432,000AED 2,137 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
1,138 sqft
Floor
6th of 8
Parking
B192
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,000 /yr
Last sold
AED 2.43M · December 2017

About 604, Bluewaters Residences 3

604 is a one-bedroom apartment of 1,138 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 14 December 2017 for AED 2,432,000, or AED 2,137 per sqft, in line with the AED 2,148 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 September 2025, is AED 325,000 a year: a gross yield of 13.4% on the 2017 price, before the service charge of about AED 33,000 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Bluewaters Residences 3
2M4M6M2017202020232026Typical sale price by year: 2017 AED 2,559,000; 2018 AED 2,419,000; 2022 AED 3,721,500; 2023 AED 5,000,000; 2026 AED 5,500,000Sold by developer, December 2017: AED 2,432,000 (AED 2,137 per sqft)

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

Rents
Unit 604, each contractTypical one-bed in Bluewaters Residences 3
200K20192021202320252027Typical rent by year: 2019 AED 130,000; 2020 AED 135,000; 2021 AED 139,500; 2022 AED 200,000; 2023 AED 273,806; 2024 AED 300,000; 2025 AED 325,000; 2026 AED 295,000New contract, June 2019: AED 125,000 a yearRenewal, June 2020: AED 125,000 a yearNew contract, October 2022: AED 300,000 a yearRenewal, October 2023: AED 95,000 a yearRenewal, October 2023: AED 277,612 a yearNew contract, September 2025: AED 325,000 a year

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

1-beds in Bluewaters Residences 3, and where 604 sits

All 28 1-beds →

604 last sold in December 2017 at AED 2,137 per sqft, in line with what one-beds in Bluewaters Residences 3 were fetching at the time (AED 2,148). Over the last 12 months one-beds sold for AED 4,000,000 to 6,250,000, around AED 4,872 per sqft, and rent for AED 240,000 to 400,000 a year. 604's AED 325,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Jun 20265,225,000
19 Jun 20265,225,000
14 May 20264,000,000
17 Mar 20265,500,000
7 1-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
6013-bedAED 4.91M · Oct 2019
6021-bedAED 2.65M · Aug 2017
6031-bedAED 2.63M · Jan 2018
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

604, Bluewaters Residences 3 in numbers

  • Sold once: by Blue Waters Residential on 14 December 2017 for AED 2,432,000, or AED 2,137 per sqft.
  • Rented since June 2019 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 95,000 in 2023 and recovered to AED 325,000 by September 2025.
  • At AED 325,000 a year the gross yield on the 2017 price is 13.4%, before a service charge of about AED 33,000 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 3 sold for AED 4,000,000–6,250,000 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 15 September 2025.

Questions about 604, Bluewaters Residences 3

What did unit 604 last sell for?

AED 2,432,000 on 14 December 2017, sold by the developer: AED 2,137 per sqft for 1,138 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 325,000 a year on the contract signed on 15 September 2025. The previous contract, from October 2023, was AED 95,000; the unit has been rented since June 2019.

How big is unit 604?

1,138 sqft (105.7 sqm): a one-bedroom apartment on the 6th floor of a 8-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. One-beds in Bluewaters Residences 3 sold for AED 4,000,000 to 6,250,000 in the last 12 months, around AED 4,872 per sqft.

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Mortgage on 604, Bluewaters Residences 3

Starts from the last sale price (AED 2.43M, 14 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,432,000
Deposit, UAE resident (20%)
AED 486,400
Deposit, non-resident (40%)
AED 972,800
Monthly over 25 years at 3.7%
AED 9,950

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