1-bed · 1,310 sqftBluewaters Residences 5, Bluewaters Island · 6th floor · completed 2019

602, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 22 September 2022
Last soldAED 3M22 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Bluewaters Residences 5

What is 602 worth today?

Last sold for AED 3,000,000 in 2022

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22 Sep 2022SoldReady
AED 3,000,000AED 2,289 per sqft
5 Sep 2019Sold by developerReady
AED 2,490,000AED 1,900 per sqft

Source: Dubai Land Department. Updated 22 September 2022.

Key facts

Type
1-bed apartment
Size
1,310 sqft
Floor
6th of 6
Parking
G296
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 38,000 /yr
Last sold
AED 3M · September 2022

About 602, Bluewaters Residences 5

602 is a one-bedroom apartment of 1,310 sqft on the 6th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 September 2022 for AED 3,000,000, or AED 2,289 per sqft, in line with the AED 2,289 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical one-bed in Bluewaters Residences 5
2M4M2019202120232025Typical sale price by year: 2019 AED 2,408,000; 2021 AED 2,463,500; 2022 AED 3,275,000; 2023 AED 4,950,000; 2024 AED 4,950,000Sold by developer, September 2019: AED 2,490,000 (AED 1,900 per sqft)Sold, September 2022: AED 3,000,000 (AED 2,289 per sqft)

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

Rents
Unit 602, each contractTypical one-bed in Bluewaters Residences 5
100K200K300K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 195,000; 2023 AED 240,000; 2024 AED 315,000; 2025 AED 310,000; 2026 AED 300,000

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 5, and where 602 sits

All 20 1-beds →

602 last sold in September 2022 at AED 2,289 per sqft, in line with what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,289).

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20254,800,000
7 Nov 20244,950,000
31 Oct 20245,500,000
12 Jun 20243,980,000
0 1-bed sales in the last 12 months

Bluewaters Residences 5

Building

69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 4,667
Typical sale
AED 7.65M
Typical rent
AED 320K /yr
Typical yield
5.5%
Bluewaters Residences 5, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 69 units in Bluewaters Residences 5
Value
6013-bedAED 8.85M · Nov 2022
6031-bedAED 5M · Dec 2023
6041-bedAED 2.36M · Nov 2021
6051-bedAED 3.5M · Jul 2022
6062-bedAED 3.71M · Nov 2019
6074-bedAED 22.9M · Jun 2024
6083-bedAED 9.6M · Aug 2022
1–7 of 10

602, Bluewaters Residences 5 in numbers

  • Sold twice: first on 5 September 2019 for AED 2,490,000, last on 22 September 2022 for AED 3,000,000 (AED 2,289 per sqft).

Source: Dubai Land Department. Updated 22 September 2022.

Questions about 602, Bluewaters Residences 5

What did unit 602 last sell for?

AED 3,000,000 on 22 September 2022: AED 2,289 per sqft for 1,310 sqft. The unit has 2 registered sales; the first was AED 2,490,000 in September 2019.

How big is unit 602?

1,310 sqft (121.7 sqm): a one-bedroom apartment on the 6th floor of a 6-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.

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Mortgage on 602, Bluewaters Residences 5

Starts from the last sale price (AED 3M, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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