3-bed · 2,033 sqftBluewaters Residences 4, Bluewaters Island · 6th floor · completed 2019

608, Bluewaters Residences 4

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 4.65M21 November 2019
Current rentAED 900K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Bluewaters Residences 4

What is 608 worth today?

Last sold for AED 4,646,000 in 2019

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1 Jun 2024RentedNew contract · flagged as an outlier
AED 900,000/yr12 months · AED 442 per sqft
15 Mar 2020RentedNew contract
AED 280,000/yr12 months · AED 138 per sqft
21 Nov 2019Sold by developerReady
AED 4,646,000AED 2,285 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
3-bed apartment
Size
2,033 sqft
Floor
6th of 7
Parking
G316, G317
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,900 /yr
Last sold
AED 4.65M · November 2019

About 608, Bluewaters Residences 4

608 is a three-bedroom apartment of 2,033 sqft on the 6th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 21 November 2019 for AED 4,646,000, or AED 2,285 per sqft, in line with the AED 2,240 three-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 June 2024, is AED 900,000 a year: a gross yield of 19.4% on the 2019 price, before the service charge of about AED 58,900 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical three-bed in Bluewaters Residences 4
5M10M20192021202320252027Typical sale price by year: 2019 AED 4,610,500; 2020 AED 4,345,890; 2021 AED 4,750,000; 2022 AED 8,700,000; 2023 AED 10,600,000; 2026 AED 12,125,000Sold by developer, November 2019: AED 4,646,000 (AED 2,285 per sqft)

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

Rents
Unit 608, each contractTypical three-bed in Bluewaters Residences 4
200K400K600K2020202220242026Typical rent by year: 2020 AED 222,500; 2021 AED 300,000; 2022 AED 410,000; 2023 AED 448,842; 2024 AED 550,000; 2025 AED 600,000; 2026 AED 577,500New contract, March 2020: AED 280,000 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 4, and where 608 sits

All 18 3-beds →

608 last sold in November 2019 at AED 2,285 per sqft, in line with what three-beds in Bluewaters Residences 4 were fetching at the time (AED 2,240). Over the last 12 months three-beds sold for AED 9,900,000 to 12,990,000, around AED 5,695 per sqft, and rent for AED 500,000 to 760,000 a year. 608's AED 900,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
13 Jun 202612,990,000
6 Feb 202612,250,000
12 Jan 202612,000,000
8 Jan 20269,900,000
4 3-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 5,754 Up 4.5%
Typical sale
AED 12M
Typical rent
AED 323K /yr
Typical yield
4.0%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 78 units in Bluewaters Residences 4
Value
6013-bedAED 14.4M · May 2024
6021-bedAED 5.6M · May 2023
6031-bedAED 3.2M · Jul 2022
6041-bedAED 3.5M · Nov 2022
6051-bedAED 1.95M · Oct 2020
6062-bedAED 4.5M · May 2022
6074-bedAED 5.66M · Nov 2019
1–7 of 10

608, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 21 November 2019 for AED 4,646,000, or AED 2,285 per sqft.
  • Rented since March 2020 on 2 Ejari contracts, from AED 280,000 to AED 900,000 a year.
  • At AED 900,000 a year the gross yield on the 2019 price is 19.4%, before a service charge of about AED 58,900 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 4 sold for AED 9,900,000–12,990,000 in the 12 months to November 2026; the building's median across all types is AED 5,754 per sqft.

Source: Dubai Land Department. Updated 1 June 2024.

Questions about 608, Bluewaters Residences 4

What did unit 608 last sell for?

AED 4,646,000 on 21 November 2019, sold by the developer: AED 2,285 per sqft for 2,033 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 900,000 a year on the contract signed on 1 June 2024. The previous contract, from March 2020, was AED 280,000.

How big is unit 608?

2,033 sqft (188.9 sqm): a three-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 608 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 4 sold for AED 9,900,000 to 12,990,000 in the last 12 months, around AED 5,695 per sqft.

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Mortgage on 608, Bluewaters Residences 4

Starts from the last sale price (AED 4.65M, 21 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,646,000
Deposit, UAE resident (20%)
AED 929,200
Deposit, non-resident (40%)
AED 1,858,400
Monthly over 25 years at 3.7%
AED 19,008

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