3-bed · 2,033 sqftBluewaters Residences 5, Bluewaters Island · 6th floor · completed 2019

608, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 9.6M12 August 2022
Current rentAED 650K /yr24 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Bluewaters Residences 5

What is 608 worth today?

Last sold for AED 9,600,000 in 2022

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24 Apr 2026RentedNew contract
AED 650,000/yr12 months · AED 321 per sqft
21 Mar 2025RentedNew contract
AED 620,000/yr12 months · AED 305 per sqft
21 Mar 2025RentedNew contract
AED 620,000/yr12 months · AED 305 per sqft
1 Nov 2023RentedRenewal · flagged as an outlier
AED 800,000/yr12 months · AED 393 per sqft
1 Nov 2022RentedNew contract · flagged as an outlier
AED 800,000/yr12 months · AED 393 per sqft
12 Aug 2022SoldReady
AED 9,600,000AED 4,721 per sqft
11 Nov 2019Sold by developerReady
AED 4,718,000AED 2,320 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
3-bed apartment
Size
2,033 sqft
Floor
6th of 6
Parking
, G390, G391
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 58,900 /yr
Last sold
AED 9.6M · August 2022

About 608, Bluewaters Residences 5

608 is a three-bedroom apartment of 2,033 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 12 August 2022 for AED 9,600,000, or AED 4,721 per sqft, 51% above the AED 3,118 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 24 April 2026, is AED 650,000 a year: a gross yield of 6.8% on the 2022 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 5
5M7.5M10M201920212023Typical sale price by year: 2019 AED 4,517,000; 2020 AED 4,184,000; 2022 AED 7,240,000Sold by developer, November 2019: AED 4,718,000 (AED 2,320 per sqft)Sold, August 2022: AED 9,600,000 (AED 4,721 per sqft)

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

Rents
Unit 608, each contractTypical three-bed in Bluewaters Residences 5
250K500K2020202220242026Typical rent by year: 2020 AED 200,000; 2021 AED 228,000; 2022 AED 550,000; 2024 AED 550,000; 2025 AED 550,000; 2026 AED 503,182New contract, March 2025: AED 620,000 a yearNew contract, March 2025: AED 620,000 a yearNew contract, April 2026: AED 650,000 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 5, and where 608 sits

All 15 3-beds →

608 last sold in August 2022 at AED 4,721 per sqft, 51% above what three-beds in Bluewaters Residences 5 were fetching at the time (AED 3,118). Over the last 12 months three-beds sold for AED 10,250,000, around AED 4,812 per sqft, and rent for AED 120,000 to 650,000 a year. 608's AED 650,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Dec 202510,250,000
21 Jun 202415,500,000
30 Nov 202312,200,000
29 Nov 20228,850,000
1 3-bed sale 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
6074-bedAED 22.9M · Jun 2024
1–7 of 10

608, Bluewaters Residences 5 in numbers

  • Sold twice: first on 11 November 2019 for AED 4,718,000, last on 12 August 2022 for AED 9,600,000 (AED 4,721 per sqft).
  • Rented since November 2022 on 5 Ejari contracts, from AED 800,000 to AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2022 price is 6.8%, before a service charge of about AED 58,900 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 5 sold for AED 10,250,000–10,250,000 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 24 April 2026.

Questions about 608, Bluewaters Residences 5

What did unit 608 last sell for?

AED 9,600,000 on 12 August 2022: AED 4,721 per sqft for 2,033 sqft. The unit has 2 registered sales; the first was AED 4,718,000 in November 2019.

What is the rent for unit 608?

AED 650,000 a year on the contract signed on 24 April 2026. The previous contract, from March 2025, was AED 620,000; the unit has been rented since November 2022.

How big is unit 608?

2,033 sqft (188.9 sqm): a three-bedroom apartment on the 6th floor of a 6-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 5 sold for AED 10,250,000 to 10,250,000 in the last 12 months, around AED 4,812 per sqft.

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Mortgage on 608, Bluewaters Residences 5

Starts from the last sale price (AED 9.6M, 12 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 9,600,000
Deposit, UAE resident (20%)
AED 1,920,000
Deposit, non-resident (40%)
AED 3,840,000
Monthly over 25 years at 3.7%
AED 39,277

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