2-bed · 1,501 sqftBluewaters Residences 6, Bluewaters Island · 10th floor · completed 2019

1002, Bluewaters Residences 6

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 24 December 2023
Last soldAED 3.63M18 October 2017
Current rentAED 500K /yr24 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Bluewaters Residences 6

What is 1002 worth today?

Last sold for AED 3,631,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Dec 2023RentedRenewal
AED 500,000/yr12 months · AED 334 per sqft
24 Dec 2022RentedNew contract
AED 500,000/yr12 months · AED 334 per sqft
20 Oct 2020RentedNew contract
AED 158,333/yr36 months · AED 106 per sqft
1 Sep 2019RentedNew contract
AED 175,000/yr13 months · AED 117 per sqft
18 Oct 2017Sold by developerOff-plan
AED 3,631,000AED 2,419 per sqft

Source: Dubai Land Department. Updated 24 December 2023.

Key facts

Type
2-bed apartment
Size
1,501 sqft
Floor
10th of 13
Parking
B604
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,500 /yr
Last sold
AED 3.63M · October 2017

About 1002, Bluewaters Residences 6

1002 is a two-bedroom apartment of 1,501 sqft on the 10th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 18 October 2017 for AED 3,631,000, or AED 2,419 per sqft, in line with the AED 2,353 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 24 December 2023, is AED 500,000 a year: a gross yield of 13.8% on the 2017 price, before the service charge of about AED 43,500 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Bluewaters Residences 6
5M10M2017202020232026Typical sale price by year: 2017 AED 3,749,000; 2018 AED 3,614,000; 2019 AED 3,543,000; 2022 AED 5,000,000; 2023 AED 7,600,000; 2024 AED 8,875,000; 2025 AED 9,075,000; 2026 AED 9,365,000Sold by developer, October 2017: AED 3,631,000 (AED 2,419 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Bluewaters Residences 6
200K400K20192021202320252027Typical rent by year: 2019 AED 185,000; 2020 AED 175,000; 2021 AED 187,000; 2022 AED 275,000; 2023 AED 450,000; 2024 AED 436,000; 2025 AED 421,000; 2026 AED 450,000New contract, September 2019: AED 175,000 a yearNew contract, October 2020: AED 158,333 a yearNew contract, December 2022: AED 500,000 a yearRenewal, December 2023: AED 500,000 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 6, and where 1002 sits

All 23 2-beds →

1002 last sold in October 2017 at AED 2,419 per sqft, in line with what two-beds in Bluewaters Residences 6 were fetching at the time (AED 2,353). Over the last 12 months two-beds sold for AED 988,718 to 11,100,000, around AED 5,644 per sqft, and rent for AED 400,000 to 480,000 a year. 1002's AED 500,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20269,230,000
25 Feb 20267,800,000
16 Feb 20269,500,000
5 Feb 202611,100,000
6 2-bed sales in the last 12 months

Bluewaters Residences 6

Building

67 apartments, 1-bed to 5-bed over 13 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,295
Typical sale
AED 8.87M
Typical rent
AED 422K /yr
Typical yield
4.9%
Bluewaters Residences 6, Bluewaters Island: prices, sales and rents →

Other units on the 10th floor

All 67 units in Bluewaters Residences 6
Value
10013-bedAED 5M · Nov 2017
10033-bedAED 4.98M · Aug 2017
10043-bedAED 11.1M · Oct 2024
10051-bedAED 5.4M · May 2023
10062-bedAED 3.83M · Sep 2017

1002, Bluewaters Residences 6 in numbers

  • Sold once: by Blue Waters Residential on 18 October 2017 for AED 3,631,000, or AED 2,419 per sqft.
  • Rented since September 2019 on 4 Ejari contracts, from AED 175,000 to AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2017 price is 13.8%, before a service charge of about AED 43,500 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 6 sold for AED 988,718–11,100,000 in the 12 months to November 2026; the building's median across all types is AED 5,295 per sqft.

Source: Dubai Land Department. Updated 24 December 2023.

Questions about 1002, Bluewaters Residences 6

What did unit 1002 last sell for?

AED 3,631,000 on 18 October 2017, sold by the developer: AED 2,419 per sqft for 1,501 sqft. It is the only registered sale of the unit.

What is the rent for unit 1002?

AED 500,000 a year on the contract renewed on 24 December 2023. The previous contract, from December 2022, was AED 500,000; the unit has been rented since September 2019.

How big is unit 1002?

1,501 sqft (139.4 sqm): a two-bedroom apartment on the 10th floor of a 13-storey tower completed in 2019.

What is unit 1002 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 6 sold for AED 988,718 to 11,100,000 in the last 12 months, around AED 5,644 per sqft.

Selling 1002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1002, Bluewaters Residences 6

Starts from the last sale price (AED 3.63M, 18 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,631,000
Deposit, UAE resident (20%)
AED 726,200
Deposit, non-resident (40%)
AED 1,452,400
Monthly over 25 years at 3.7%
AED 14,856

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