3-bed · 2,045 sqftBluewaters Residences 7, Bluewaters Island · 6th floor · completed 2019

604, Bluewaters Residences 7

Sold prices and rental history: sold 3 times, last in June 2024, 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 13 June 2024
Last soldAED 11M13 June 2024
Current rentAED 570K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Bluewaters Residences 7

What is 604 worth today?

Last sold for AED 11,000,000 in 2024

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13 Jun 2024SoldReady
AED 11,000,000AED 5,377 per sqft
12 Dec 2022SoldReady
AED 8,150,000AED 3,984 per sqft
15 Sep 2022RentedNew contract
AED 570,000/yr12 months · AED 279 per sqft
29 Jun 2021RentedNew contract
AED 260,000/yr12 months · AED 127 per sqft
21 Jun 2020RentedNew contract
AED 205,000/yr12 months · AED 100 per sqft
7 Jan 2020Sold by developerReady
AED 4,148,000AED 2,027 per sqft

Source: Dubai Land Department. Updated 13 June 2024.

Key facts

Type
3-bed apartment
Size
2,045 sqft
Floor
6th of 15
Parking
B662, B664
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 59,300 /yr
Last sold
AED 11M · June 2024

About 604, Bluewaters Residences 7

604 is a three-bedroom apartment of 2,045 sqft on the 6th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 13 June 2024 for AED 11,000,000, or AED 5,377 per sqft, in line with the AED 5,378 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 15 September 2022, is AED 570,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 59,300 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical three-bed in Bluewaters Residences 7
5M10M2018202120242027Typical sale price by year: 2018 AED 4,534,825; 2019 AED 4,584,000; 2020 AED 4,335,000; 2021 AED 4,200,000; 2022 AED 8,200,000; 2023 AED 11,000,000; 2024 AED 11,000,000; 2025 AED 12,200,000; 2026 AED 10,150,000Sold by developer, January 2020: AED 4,148,000 (AED 2,027 per sqft)Sold, December 2022: AED 8,150,000 (AED 3,984 per sqft)Sold, June 2024: AED 11,000,000 (AED 5,377 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 7
200K400K600K20192021202320252027Typical rent by year: 2019 AED 252,500; 2020 AED 237,520; 2021 AED 270,000; 2022 AED 410,000; 2023 AED 600,000; 2024 AED 630,000; 2025 AED 600,000; 2026 AED 397,500New contract, June 2020: AED 205,000 a yearNew contract, June 2021: AED 260,000 a yearNew contract, September 2022: AED 570,000 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 7, and where 604 sits

All 38 3-beds →

604 last sold in June 2024 at AED 5,377 per sqft, in line with what three-beds in Bluewaters Residences 7 were fetching at the time (AED 5,378). Over the last 12 months three-beds sold for AED 9,500,000 to 13,100,000, around AED 5,468 per sqft, and rent for AED 100,000 to 645,933 a year. 604's AED 570,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
14 Sep 20269,500,000
7 May 202613,100,000
30 Apr 202610,150,000
13 Nov 202512,600,000
4 3-bed sales in the last 12 months

Bluewaters Residences 7

Building

77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 4,982 Down 6.0%
Typical sale
AED 9.32M
Typical rent
AED 366K /yr
Typical yield
5.3%
Bluewaters Residences 7, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 77 units in Bluewaters Residences 7
Value
6013-bedAED 4.68M · Oct 2018
6022-bedAED 9.32M · Nov 2025
6033-bedAED 13.7M · Feb 2024
6051-bedAED 5.75M · Mar 2026
6062-bedAED 3.4M · Mar 2021

604, Bluewaters Residences 7 in numbers

  • Sold 3 times: first on 7 January 2020 for AED 4,148,000, last on 13 June 2024 for AED 11,000,000 (AED 5,377 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 205,000 to AED 570,000 a year.
  • At AED 570,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 59,300 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 7 sold for AED 9,500,000–13,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,982 per sqft.

Source: Dubai Land Department. Updated 13 June 2024.

Questions about 604, Bluewaters Residences 7

What did unit 604 last sell for?

AED 11,000,000 on 13 June 2024: AED 5,377 per sqft for 2,045 sqft. The unit has 3 registered sales; the first was AED 4,148,000 in January 2020.

What is the rent for unit 604?

AED 570,000 a year on the contract signed on 15 September 2022. The previous contract, from June 2021, was AED 260,000; the unit has been rented since June 2020.

How big is unit 604?

2,045 sqft (190.0 sqm): a three-bedroom apartment on the 6th floor of a 15-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 7 sold for AED 9,500,000 to 13,100,000 in the last 12 months, around AED 5,468 per sqft.

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Mortgage on 604, Bluewaters Residences 7

Starts from the last sale price (AED 11M, 13 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 11,000,000
Deposit, UAE resident (20%)
AED 2,200,000
Deposit, non-resident (40%)
AED 4,400,000
Monthly over 25 years at 3.7%
AED 45,004

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