3-bed · 2,101 sqftBluewaters Residences 6, Bluewaters Island · 6th floor · completed 2019

603, Bluewaters Residences 6

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 7 May 2024
Last soldAED 11.75M7 May 2024
Current rentAED 252K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Bluewaters Residences 6

What is 603 worth today?

Last sold for AED 11,750,000 in 2024

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7 May 2024SoldReady
AED 11,750,000AED 5,592 per sqft
15 Apr 2023RentedRenewal
AED 252,000/yr12 months · AED 120 per sqft
15 Apr 2022RentedRenewal
AED 240,000/yr12 months · AED 114 per sqft
15 Apr 2021RentedNew contract
AED 240,000/yr12 months · AED 114 per sqft
6 Jul 2020RentedRenewal
AED 240,000/yr12 months · AED 114 per sqft
6 Jun 2019RentedNew contract
AED 230,769/yr13 months · AED 110 per sqft
16 May 2018Sold by developerOff-plan
AED 4,775,000AED 2,272 per sqft

Source: Dubai Land Department. Updated 7 May 2024.

Key facts

Type
3-bed apartment
Size
2,101 sqft
Floor
6th of 13
Parking
B791, B792
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,900 /yr
Last sold
AED 11.75M · May 2024

About 603, Bluewaters Residences 6

603 is a three-bedroom apartment of 2,101 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 7 May 2024 for AED 11,750,000, or AED 5,592 per sqft, in line with the AED 5,647 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 252,000 a year: a gross yield of 2.1% on the 2024 price, before the service charge of about AED 60,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, May 2018: AED 4,775,000 (AED 2,272 per sqft)Sold, May 2024: AED 11,750,000 (AED 5,592 per sqft)

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

Rents
Unit 603, 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 500,000New contract, June 2019: AED 230,769 a yearRenewal, July 2020: AED 240,000 a yearNew contract, April 2021: AED 240,000 a yearRenewal, April 2022: AED 240,000 a yearRenewal, April 2023: AED 252,000 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 603 sits

All 32 3-beds →

603 last sold in May 2024 at AED 5,592 per sqft, in line with what three-beds in Bluewaters Residences 6 were fetching at the time (AED 5,647). 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. 603's AED 252,000 is at the bottom 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 6th floor

All 67 units in Bluewaters Residences 6
Value
6013-bedAED 4.79M · Mar 2018
6022-bedAED 7.6M · Feb 2023
6043-bedAED 8.05M · Sep 2022
6051-bedAED 5.3M · May 2023
6062-bedAED 9.5M · Feb 2026

603, Bluewaters Residences 6 in numbers

  • Sold twice: first on 16 May 2018 for AED 4,775,000, last on 7 May 2024 for AED 11,750,000 (AED 5,592 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 230,769 to AED 252,000 a year.
  • At AED 252,000 a year the gross yield on the 2024 price is 2.1%, before a service charge of about AED 60,900 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 7 May 2024.

Questions about 603, Bluewaters Residences 6

What did unit 603 last sell for?

AED 11,750,000 on 7 May 2024: AED 5,592 per sqft for 2,101 sqft. The unit has 2 registered sales; the first was AED 4,775,000 in May 2018.

What is the rent for unit 603?

AED 252,000 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 240,000; the unit has been rented since June 2019.

How big is unit 603?

2,101 sqft (195.2 sqm): a three-bedroom apartment on the 6th floor of a 13-storey tower completed in 2019.

What is unit 603 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 603, Bluewaters Residences 6

Starts from the last sale price (AED 11.75M, 7 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,750,000
Deposit, UAE resident (20%)
AED 2,350,000
Deposit, non-resident (40%)
AED 4,700,000
Monthly over 25 years at 3.7%
AED 48,073

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