2-bed · 1,610 sqftBluewaters Residences 6, Bluewaters Island · 6th floor · completed 2019

602, Bluewaters Residences 6

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 22 February 2023
Last soldAED 7.6M22 February 2023
Current rentAED 180K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Bluewaters Residences 6

What is 602 worth today?

Last sold for AED 7,600,000 in 2023

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22 Feb 2023SoldReady
AED 7,600,000AED 4,721 per sqft
15 Jul 2022RentedRenewal
AED 180,000/yr12 months · AED 112 per sqft
15 Jul 2021RentedRenewal
AED 180,000/yr12 months · AED 112 per sqft
15 Jul 2020RentedNew contract
AED 180,000/yr12 months · AED 112 per sqft
15 Jul 2019RentedNew contract
AED 195,000/yr12 months · AED 121 per sqft
26 Sep 2017Sold by developerOff-plan
AED 3,731,000AED 2,317 per sqft

Source: Dubai Land Department. Updated 22 February 2023.

Key facts

Type
2-bed apartment
Size
1,610 sqft
Floor
6th of 13
Parking
B602
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,700 /yr
Last sold
AED 7.6M · February 2023

About 602, Bluewaters Residences 6

602 is a two-bedroom apartment of 1,610 sqft on the 6th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 22 February 2023 for AED 7,600,000, or AED 4,721 per sqft, 41% above the AED 3,338 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 15 July 2022, is AED 180,000 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 46,700 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, September 2017: AED 3,731,000 (AED 2,317 per sqft)Sold, February 2023: AED 7,600,000 (AED 4,721 per sqft)

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

Rents
Unit 602, 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, July 2019: AED 195,000 a yearNew contract, July 2020: AED 180,000 a yearRenewal, July 2021: AED 180,000 a yearRenewal, July 2022: AED 180,000 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 602 sits

All 23 2-beds →

602 last sold in February 2023 at AED 4,721 per sqft, 41% above what two-beds in Bluewaters Residences 6 were fetching at the time (AED 3,338). 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. 602's AED 180,000 is at the bottom 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 6th floor

All 67 units in Bluewaters Residences 6
Value
6013-bedAED 4.79M · Mar 2018
6033-bedAED 11.75M · May 2024
6043-bedAED 8.05M · Sep 2022
6051-bedAED 5.3M · May 2023
6062-bedAED 9.5M · Feb 2026

602, Bluewaters Residences 6 in numbers

  • Sold twice: first on 26 September 2017 for AED 3,731,000, last on 22 February 2023 for AED 7,600,000 (AED 4,721 per sqft).
  • Rented since July 2019 on 4 Ejari contracts, from AED 195,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 46,700 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 22 February 2023.

Questions about 602, Bluewaters Residences 6

What did unit 602 last sell for?

AED 7,600,000 on 22 February 2023: AED 4,721 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 3,731,000 in September 2017.

What is the rent for unit 602?

AED 180,000 a year on the contract renewed on 15 July 2022. The previous contract, from July 2021, was AED 180,000; the unit has been rented since July 2019.

How big is unit 602?

1,610 sqft (149.6 sqm): a two-bedroom apartment on the 6th floor of a 13-storey tower completed in 2019.

What is unit 602 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 602, Bluewaters Residences 6

Starts from the last sale price (AED 7.6M, 22 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,600,000
Deposit, UAE resident (20%)
AED 1,520,000
Deposit, non-resident (40%)
AED 3,040,000
Monthly over 25 years at 3.7%
AED 31,094

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