4-bed · 2,459 sqftBluewaters Residences 5, Bluewaters Island · 6th floor · completed 2019

607, Bluewaters Residences 5

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 22.9M19 June 2024
Current rentAED 660K /yr17 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Bluewaters Residences 5

What is 607 worth today?

Last sold for AED 22,900,000 in 2024

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19 Jun 2024SoldReady
AED 22,900,000AED 9,313 per sqft
1 Nov 2023SoldReady
AED 17,500,000AED 7,117 per sqft
17 Sep 2021RentedNew contract
AED 660,000/yr12 months · AED 269 per sqft
28 Oct 2019Sold by developerReady
AED 5,748,000AED 2,337 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
4-bed apartment
Size
2,459 sqft
Floor
6th of 6
Parking
B735, B737
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,300 /yr
Last sold
AED 22.9M · June 2024

About 607, Bluewaters Residences 5

607 is a four-bedroom apartment of 2,459 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 19 June 2024 for AED 22,900,000, or AED 9,313 per sqft, 57% above the AED 5,919 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 September 2021. The current contract, signed on 17 September 2021, is AED 660,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 71,300 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical four-bed in Bluewaters Residences 5
10M20M2019202120232025Typical sale price by year: 2019 AED 5,583,000; 2020 AED 13,813,000; 2022 AED 12,625,000; 2024 AED 22,900,000Sold by developer, October 2019: AED 5,748,000 (AED 2,337 per sqft)Sold, November 2023: AED 17,500,000 (AED 7,117 per sqft)Sold, June 2024: AED 22,900,000 (AED 9,313 per sqft)

607 has sold 3 times; the dashed line is the four-bed median of each year in the building.

4-beds in Bluewaters Residences 5, and where 607 sits

All 9 4-beds →

607 last sold in June 2024 at AED 9,313 per sqft, 57% above what four-beds in Bluewaters Residences 5 were fetching at the time (AED 5,919).

Recent 4-bed salesUnit no.Price (AED)Summary
7 Nov 202519,400,000
5 Aug 202421,000,000
17 Jan 202429,800,000
19 Jul 202320,100,000
0 4-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
6062-bedAED 3.71M · Nov 2019
6083-bedAED 9.6M · Aug 2022
1–7 of 10

607, Bluewaters Residences 5 in numbers

  • Sold 3 times: first on 28 October 2019 for AED 5,748,000, last on 19 June 2024 for AED 22,900,000 (AED 9,313 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 660,000 a year.
  • At AED 660,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 71,300 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 19 June 2024.

Questions about 607, Bluewaters Residences 5

What did unit 607 last sell for?

AED 22,900,000 on 19 June 2024: AED 9,313 per sqft for 2,459 sqft. The unit has 3 registered sales; the first was AED 5,748,000 in October 2019.

What is the rent for unit 607?

AED 660,000 a year on the contract signed on 17 September 2021.

How big is unit 607?

2,459 sqft (228.4 sqm): a four-bedroom apartment on the 6th floor of a 6-storey tower completed in 2019.

What is unit 607 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 607, Bluewaters Residences 5

Starts from the last sale price (AED 22.9M, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 22,900,000
Deposit, UAE resident (20%)
AED 4,580,000
Deposit, non-resident (40%)
AED 9,160,000
Monthly over 25 years at 3.7%
AED 93,691

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