3-bed · 2,042 sqftBluewaters Residences 6, Bluewaters Island · 5th floor · completed 2019

504, Bluewaters Residences 6

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 4.18M15 July 2019
Current rentAED 540K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Bluewaters Residences 6

What is 504 worth today?

Last sold for AED 4,175,000 in 2019

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1 May 2025RentedNew contract
AED 540,000/yr36 months · AED 264 per sqft
1 May 2025RentedNew contract
AED 540,000/yr36 months · AED 264 per sqft
1 Oct 2021RentedRenewal
AED 187,333/yr9 months · AED 92 per sqft
1 Oct 2020RentedRenewal
AED 180,000/yr12 months · AED 88 per sqft
15 Jul 2019Sold by developerReady
AED 4,175,000AED 2,044 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
3-bed apartment
Size
2,042 sqft
Floor
5th of 13
Parking
B798, B799
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,200 /yr
Last sold
AED 4.18M · July 2019

About 504, Bluewaters Residences 6

504 is a three-bedroom apartment of 2,042 sqft on the 5th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 15 July 2019 for AED 4,175,000, or AED 2,044 per sqft, 8% below the AED 2,231 three-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 May 2025, is AED 540,000 a year: a gross yield of 12.9% on the 2019 price, before the service charge of about AED 59,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Bluewaters Residences 6
5M10M20172019202120232025Typical sale price by year: 2017 AED 4,926,500; 2018 AED 4,775,000; 2019 AED 4,322,500; 2021 AED 4,400,000; 2024 AED 11,750,000Sold by developer, July 2019: AED 4,175,000 (AED 2,044 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Bluewaters Residences 6
200K400K600K20192021202320252027Typical rent by year: 2019 AED 240,000; 2020 AED 220,000; 2021 AED 240,000; 2022 AED 304,000; 2023 AED 520,000; 2024 AED 550,000; 2025 AED 515,000; 2026 AED 500,000Renewal, October 2020: AED 180,000 a yearRenewal, October 2021: AED 187,333 a yearNew contract, May 2025: AED 540,000 a yearNew contract, May 2025: AED 540,000 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 6, and where 504 sits

All 32 3-beds →

504 last sold in July 2019 at AED 2,044 per sqft, 8% below what three-beds in Bluewaters Residences 6 were fetching at the time (AED 2,231). Over the last 12 months three-beds sold for AED 8,500,000 to 14,500,000, around AED 5,470 per sqft, and rent for AED 400,000 to 775,000 a year. 504's AED 540,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Apr 20268,500,000
15 Dec 202514,500,000
15 Apr 202517,250,000
17 Oct 202411,100,000
2 3-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 5th floor

All 67 units in Bluewaters Residences 6
Value
5013-bedAED 9.9M · May 2023
5022-bedAED 10.5M · Feb 2025
5033-bedAED 4.73M · Aug 2018
5051-bedAED 2M · Dec 2020
5062-bedAED 9.2M · May 2024

504, Bluewaters Residences 6 in numbers

  • Sold once: by Blue Waters Residential on 15 July 2019 for AED 4,175,000, or AED 2,044 per sqft.
  • Rented since October 2020 on 4 Ejari contracts, from AED 180,000 to AED 540,000 a year.
  • At AED 540,000 a year the gross yield on the 2019 price is 12.9%, before a service charge of about AED 59,200 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 6 sold for AED 8,500,000–14,500,000 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 1 May 2025.

Questions about 504, Bluewaters Residences 6

What did unit 504 last sell for?

AED 4,175,000 on 15 July 2019, sold by the developer: AED 2,044 per sqft for 2,042 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 540,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 540,000; the unit has been rented since October 2020.

How big is unit 504?

2,042 sqft (189.7 sqm): a three-bedroom apartment on the 5th floor of a 13-storey tower completed in 2019.

What is unit 504 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 6 sold for AED 8,500,000 to 14,500,000 in the last 12 months, around AED 5,470 per sqft.

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Mortgage on 504, Bluewaters Residences 6

Starts from the last sale price (AED 4.18M, 15 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,175,000
Deposit, UAE resident (20%)
AED 835,000
Deposit, non-resident (40%)
AED 1,670,000
Monthly over 25 years at 3.7%
AED 17,081

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