506, Bluewaters Residences 6
Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Bluewaters Residences 6
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,659 sqft
- Floor
- 5th of 13
- Parking
- B609
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 48,100 /yr
- Last sold
- AED 9.2M · May 2024
- Building
- Bluewaters Residences 6
About 506, Bluewaters Residences 6
506 is a two-bedroom apartment of 1,659 sqft on the 5th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 23 May 2024 for AED 9,200,000, or AED 5,544 per sqft, 18% above the AED 4,716 two-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 5 July 2021, is AED 220,000 a year: a gross yield of 2.4% on the 2024 price, before the service charge of about AED 48,100 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 23 2-beds →506 last sold in May 2024 at AED 5,544 per sqft, 18% above what two-beds in Bluewaters Residences 6 were fetching at the time (AED 4,716). 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. 506's AED 220,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,659 sqft | 9,230,000 | 5,562 | ||
| 25 Feb 202625 February 2026 | 1,659 sqft | 7,800,000 | 4,700 | ||
| 16 Feb 202616 February 2026 | 1,659 sqft | 9,500,000 | 5,725 | ||
| 5 Feb 20265 February 2026 | 1,609 sqft | 11,100,000 | 6,900 |
Bluewaters Residences 6
Building67 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%
Other units on the 5th floor
All 67 units in Bluewaters Residences 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,104 sqft | AED 9.9MAED 9,900,000 · May 2023May 2023 | 288,000 /yr | |
| 502 | 2-bed | 1,610 sqft | AED 10.5MAED 10,500,000 · Feb 2025February 2025 | 515,000 /yr | |
| 503 | 3-bed | 2,101 sqft | AED 4.73MAED 4,728,000 · Aug 2018August 2018 | 600,000 /yr | |
| 504 | 3-bed | 2,042 sqft | AED 4.18MAED 4,175,000 · Jul 2019July 2019 | 540,000 /yr | |
| 505 | 1-bed | 1,154 sqft | AED 2MAED 2,000,000 · Dec 2020December 2020 | 240,000 /yr |
506, Bluewaters Residences 6 in numbers
- Sold 3 times: first on 23 July 2019 for AED 3,473,000, last on 23 May 2024 for AED 9,200,000 (AED 5,544 per sqft).
- Rented since December 2019 on 2 Ejari contracts, from AED 230,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 2.4%, before a service charge of about AED 48,100 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 23 May 2024.
Questions about 506, Bluewaters Residences 6
What did unit 506 last sell for?
AED 9,200,000 on 23 May 2024: AED 5,544 per sqft for 1,659 sqft. The unit has 3 registered sales; the first was AED 3,473,000 in July 2019.
What is the rent for unit 506?
AED 220,000 a year on the contract signed on 5 July 2021. The previous contract, from December 2019, was AED 230,000.
How big is unit 506?
1,659 sqft (154.1 sqm): a two-bedroom apartment on the 5th floor of a 13-storey tower completed in 2019.
What is unit 506 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.
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Mortgage on 506, Bluewaters Residences 6
Starts from the last sale price (AED 9.2M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 9,200,000
- Deposit, UAE resident (20%)
- AED 1,840,000
- Deposit, non-resident (40%)
- AED 3,680,000
- Monthly over 25 years at 3.7%
- AED 37,640
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →