
603, Bluewaters Residences 5
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, Bluewaters Residences 5
What is 603 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,119 sqft
- Floor
- 6th of 6
- Parking
- G297
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 32,400 /yr
- Last sold
- AED 5M · December 2023
- Building
- Bluewaters Residences 5
About 603, Bluewaters Residences 5
603 is a one-bedroom apartment of 1,119 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 21 December 2023 for AED 5,000,000, or AED 4,469 per sqft, 6% above the AED 4,198 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 1 January 2026, is AED 320,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 32,400 a year.
Sales and rents for 603 over time
603 has sold twice; the dashed line is the one-bed median of each year in the building.
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 603 sits
All 20 1-beds →603 last sold in December 2023 at AED 4,469 per sqft, 6% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 4,198). 603's AED 320,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,133 sqft | 4,800,000 | 4,236 | ||
| 7 Nov 20247 November 2024 | 1,146 sqft | 4,950,000 | 4,320 | ||
| 31 Oct 202431 October 2024 | 1,179 sqft | 5,500,000 | 4,665 | ||
| 12 Jun 202412 June 2024 | 820 sqft | 3,980,000 | 4,855 |
Bluewaters Residences 5
Building69 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%
Other units on the 6th floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 2,130 sqft | AED 8.85MAED 8,850,000 · Nov 2022November 2022 | 120,000 /yr | |
| 602 | 1-bed | 1,310 sqft | AED 3MAED 3,000,000 · Sep 2022September 2022 | ||
| 604 | 1-bed | 1,138 sqft | AED 2.36MAED 2,360,000 · Nov 2021November 2021 | 240,000 /yr | |
| 605 | 1-bed | 1,133 sqft | AED 3.5MAED 3,500,000 · Jul 2022July 2022 | 320,000 /yr | |
| 606 | 2-bed | 1,641 sqft | AED 3.71MAED 3,709,000 · Nov 2019November 2019 | 420,000 /yr | |
| 607 | 4-bed | 2,459 sqft | AED 22.9MAED 22,900,000 · Jun 2024June 2024 | 660,000 /yr | |
| 608 | 3-bed | 2,033 sqft | AED 9.6MAED 9,600,000 · Aug 2022August 2022 | 650,000 /yr | |
| 609 | 2-bed | 1,595 sqft | AED 3.51MAED 3,512,000 · Oct 2019October 2019 | 430,950 /yr | |
| 610 | 2-bed | 1,448 sqft | AED 10.2MAED 10,200,000 · Mar 2026March 2026 | 470,000 /yr | |
| 611 | 3-bed | 2,022 sqft | AED 4.43MAED 4,426,000 · Nov 2019November 2019 | 650,000 /yr |
603, Bluewaters Residences 5 in numbers
- Sold twice: first on 23 October 2019 for AED 2,361,000, last on 21 December 2023 for AED 5,000,000 (AED 4,469 per sqft).
- Rented since January 2020 on 8 Ejari contracts, from AED 120,000 to AED 320,000 a year.
- At AED 320,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 32,400 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 1 January 2026.
Questions about 603, Bluewaters Residences 5
What did unit 603 last sell for?
AED 5,000,000 on 21 December 2023: AED 4,469 per sqft for 1,119 sqft. The unit has 2 registered sales; the first was AED 2,361,000 in October 2019.
What is the rent for unit 603?
AED 320,000 a year on the contract signed on 1 January 2026. The previous contract, from August 2025, was AED 300,000; the unit has been rented since January 2020.
How big is unit 603?
1,119 sqft (104.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.
What is unit 603 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 603, Bluewaters Residences 5
Starts from the last sale price (AED 5M, 21 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 5,000,000
- Deposit, UAE resident (20%)
- AED 1,000,000
- Deposit, non-resident (40%)
- AED 2,000,000
- Monthly over 25 years at 3.7%
- AED 20,457
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →