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

604, Bluewaters Residences 6

Sold prices and rental history: sold 3 times, last in September 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 16 September 2022
Last soldAED 8.05M16 September 2022
Current rentAED 320K /yr25 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Bluewaters Residences 6

What is 604 worth today?

Last sold for AED 8,050,000 in 2022

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16 Sep 2022SoldReady
AED 8,050,000AED 3,941 per sqft
25 Jul 2022RentedNew contract
AED 320,000/yr12 months · AED 157 per sqft
25 Jul 2021RentedNew contract
AED 320,000/yr12 months · AED 156 per sqft
15 Apr 2021SoldReady
AED 4,800,000AED 2,350 per sqft
1 Jul 2020RentedNew contract
AED 205,000/yr12 months · AED 100 per sqft
4 Nov 2019Sold by developerReady
AED 4,216,000AED 2,064 per sqft

Source: Dubai Land Department. Updated 16 September 2022.

Key facts

Type
3-bed apartment
Size
2,042 sqft
Floor
6th of 13
Parking
B793, B794
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,200 /yr
Last sold
AED 8.05M · September 2022

About 604, Bluewaters Residences 6

604 is a three-bedroom apartment of 2,042 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 16 September 2022 for AED 8,050,000, or AED 3,941 per sqft, 63% above the AED 2,419 three-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 25 July 2022, is AED 320,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 59,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, November 2019: AED 4,216,000 (AED 2,064 per sqft)Sold, April 2021: AED 4,800,000 (AED 2,350 per sqft)Sold, September 2022: AED 8,050,000 (AED 3,941 per sqft)

604 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 604, 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, July 2020: AED 205,000 a yearNew contract, July 2021: AED 320,000 a yearNew contract, July 2022: AED 320,000 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 604 sits

All 32 3-beds →

604 last sold in September 2022 at AED 3,941 per sqft, 63% above what three-beds in Bluewaters Residences 6 were fetching at the time (AED 2,419). 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. 604's AED 320,000 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
6033-bedAED 11.75M · May 2024
6051-bedAED 5.3M · May 2023
6062-bedAED 9.5M · Feb 2026

604, Bluewaters Residences 6 in numbers

  • Sold 3 times: first on 4 November 2019 for AED 4,216,000, last on 16 September 2022 for AED 8,050,000 (AED 3,941 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 205,000 to AED 320,000 a year.
  • At AED 320,000 a year the gross yield on the 2022 price is 4.0%, 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 16 September 2022.

Questions about 604, Bluewaters Residences 6

What did unit 604 last sell for?

AED 8,050,000 on 16 September 2022: AED 3,941 per sqft for 2,042 sqft. The unit has 3 registered sales; the first was AED 4,216,000 in November 2019.

What is the rent for unit 604?

AED 320,000 a year on the contract signed on 25 July 2022. The previous contract, from July 2021, was AED 320,000; the unit has been rented since July 2020.

How big is unit 604?

2,042 sqft (189.7 sqm): a three-bedroom apartment on the 6th floor of a 13-storey tower completed in 2019.

What is unit 604 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 604, Bluewaters Residences 6

Starts from the last sale price (AED 8.05M, 16 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 8,050,000
Deposit, UAE resident (20%)
AED 1,610,000
Deposit, non-resident (40%)
AED 3,220,000
Monthly over 25 years at 3.7%
AED 32,935

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