2-bed · 1,641 sqftBluewaters Residences 5, Bluewaters Island · 6th floor · completed 2019

606, Bluewaters Residences 5

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

Unit 606 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 3.71M4 November 2019
Current rentAED 420K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Bluewaters Residences 5

What is 606 worth today?

Last sold for AED 3,709,000 in 2019

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1 Mar 2026RentedRenewal
AED 420,000/yr12 months · AED 256 per sqft
1 Mar 2025RentedNew contract
AED 420,000/yr12 months · AED 256 per sqft
1 Nov 2024RentedRenewal
AED 342,000/yr4 months · AED 208 per sqft
1 Nov 2023RentedRenewal
AED 330,000/yr12 months · AED 201 per sqft
1 Nov 2022RentedNew contract
AED 330,000/yr12 months · AED 201 per sqft
1 Oct 2021RentedRenewal
AED 160,000/yr12 months · AED 97 per sqft
1 Oct 2020RentedNew contract
AED 160,000/yr12 months · AED 97 per sqft
4 Nov 2019Sold by developerReady
AED 3,709,000AED 2,260 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
6th of 6
Parking
B712
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 3.71M · November 2019

About 606, Bluewaters Residences 5

606 is a two-bedroom apartment of 1,641 sqft on the 6th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 4 November 2019 for AED 3,709,000, or AED 2,260 per sqft, 3% above the AED 2,192 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 420,000 a year: a gross yield of 11.3% on the 2019 price, before the service charge of about AED 47,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Bluewaters Residences 5
2.5M5M7.5M20192021202320252027Typical sale price by year: 2019 AED 3,379,000; 2020 AED 2,986,000; 2021 AED 3,337,350; 2022 AED 5,500,000; 2023 AED 6,350,000; 2024 AED 7,350,000; 2025 AED 7,800,000; 2026 AED 7,650,000Sold by developer, November 2019: AED 3,709,000 (AED 2,260 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Bluewaters Residences 5
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 160,000; 2021 AED 210,000; 2022 AED 270,000; 2023 AED 330,000; 2024 AED 430,000; 2025 AED 425,475; 2026 AED 472,500New contract, September 2019: AED 180,000 a yearNew contract, October 2020: AED 160,000 a yearRenewal, October 2021: AED 160,000 a yearNew contract, November 2022: AED 330,000 a yearRenewal, November 2023: AED 330,000 a yearRenewal, November 2024: AED 342,000 a yearNew contract, March 2025: AED 420,000 a yearRenewal, March 2026: AED 420,000 a year

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

2-beds in Bluewaters Residences 5, and where 606 sits

All 25 2-beds →

606 last sold in November 2019 at AED 2,260 per sqft, 3% above what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,192). Over the last 12 months two-beds sold for AED 3,875,000 to 10,200,000, around AED 4,584 per sqft, and rent for AED 400,000 to 530,000 a year. 606's AED 420,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20266,518,000
27 Mar 202610,200,000
3 Feb 20267,650,000
6 Dec 20253,875,000
4 2-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
6021-bedAED 3M · Sep 2022
6031-bedAED 5M · Dec 2023
6041-bedAED 2.36M · Nov 2021
6051-bedAED 3.5M · Jul 2022
6074-bedAED 22.9M · Jun 2024
6083-bedAED 9.6M · Aug 2022
1–7 of 10

606, Bluewaters Residences 5 in numbers

  • Sold once: by Blue Waters Residential on 4 November 2019 for AED 3,709,000, or AED 2,260 per sqft.
  • Rented since September 2019 on 8 Ejari contracts. The rent fell from AED 180,000 to AED 160,000 in 2021 and recovered to AED 420,000 by March 2026.
  • At AED 420,000 a year the gross yield on the 2019 price is 11.3%, before a service charge of about AED 47,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 5 sold for AED 3,875,000–10,200,000 in the 12 months to November 2026; the building's median across all types is AED 4,667 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 606, Bluewaters Residences 5

What did unit 606 last sell for?

AED 3,709,000 on 4 November 2019, sold by the developer: AED 2,260 per sqft for 1,641 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 420,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 420,000; the unit has been rented since September 2019.

How big is unit 606?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.

What is unit 606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 5 sold for AED 3,875,000 to 10,200,000 in the last 12 months, around AED 4,584 per sqft.

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Mortgage on 606, Bluewaters Residences 5

Starts from the last sale price (AED 3.71M, 4 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,709,000
Deposit, UAE resident (20%)
AED 741,800
Deposit, non-resident (40%)
AED 1,483,600
Monthly over 25 years at 3.7%
AED 15,175

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