3-bed · 2,104 sqftBluewaters Residences 6, Bluewaters Island · 7th floor · completed 2019

701, Bluewaters Residences 6

Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 16 May 2022
Last soldAED 4.84M18 September 2017
Current rentAED 490K /yr16 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Bluewaters Residences 6

What is 701 worth today?

Last sold for AED 4,836,000 in 2017

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16 May 2022RentedNew contract
AED 490,000/yr12 months · AED 233 per sqft
1 Aug 2021RentedNew contract
AED 360,000/yr12 months · AED 171 per sqft
18 Sep 2017Sold by developerOff-plan
AED 4,836,000AED 2,298 per sqft

Source: Dubai Land Department. Updated 16 May 2022.

Key facts

Type
3-bed apartment
Size
2,104 sqft
Floor
7th of 13
Parking
G362,G363
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,000 /yr
Last sold
AED 4.84M · September 2017

About 701, Bluewaters Residences 6

701 is a three-bedroom apartment of 2,104 sqft on the 7th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 18 September 2017 for AED 4,836,000, or AED 2,298 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 16 May 2022, is AED 490,000 a year: a gross yield of 10.1% on the 2017 price, before the service charge of about AED 61,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, September 2017: AED 4,836,000 (AED 2,298 per sqft)

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

Rents
Unit 701, 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, August 2021: AED 360,000 a yearNew contract, May 2022: AED 490,000 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 701 sits

All 32 3-beds →

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. 701's AED 490,000 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 7th floor

All 67 units in Bluewaters Residences 6
Value
7022-bedAED 11.1M · Feb 2026
7033-bedAED 3.55M · Jun 2021
7043-bedAED 10.9M · May 2024
7051-bedAED 2.47M · Jul 2018
7062-bedAED 3.54M · Jul 2019

701, Bluewaters Residences 6 in numbers

  • Sold once: by Blue Waters Residential on 18 September 2017 for AED 4,836,000, or AED 2,298 per sqft.
  • Rented since August 2021 on 2 Ejari contracts, from AED 360,000 to AED 490,000 a year.
  • At AED 490,000 a year the gross yield on the 2017 price is 10.1%, before a service charge of about AED 61,000 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 May 2022.

Questions about 701, Bluewaters Residences 6

What did unit 701 last sell for?

AED 4,836,000 on 18 September 2017, sold by the developer: AED 2,298 per sqft for 2,104 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 490,000 a year on the contract signed on 16 May 2022. The previous contract, from August 2021, was AED 360,000.

How big is unit 701?

2,104 sqft (195.5 sqm): a three-bedroom apartment on the 7th floor of a 13-storey tower completed in 2019.

What is unit 701 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 701, Bluewaters Residences 6

Starts from the last sale price (AED 4.84M, 18 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 4,836,000
Deposit, UAE resident (20%)
AED 967,200
Deposit, non-resident (40%)
AED 1,934,400
Monthly over 25 years at 3.7%
AED 19,786

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