2-bed · 1,670 sqftBluewaters Residences 7, Bluewaters Island · 6th floor · completed 2019

606, Bluewaters Residences 7

Sold prices and rental history: sold twice, last in March 2021, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 15 April 2022
Last soldAED 3.4M16 March 2021
Current rentAED 260K /yr15 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Bluewaters Residences 7

What is 606 worth today?

Last sold for AED 3,400,000 in 2021

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15 Apr 2022RentedNew contract
AED 260,000/yr12 months · AED 156 per sqft
16 Mar 2021SoldReady
AED 3,400,000AED 2,035 per sqft
24 Nov 2019Sold by developerReady
AED 3,552,000AED 2,126 per sqft

Source: Dubai Land Department. Updated 15 April 2022.

Key facts

Type
2-bed apartment
Size
1,670 sqft
Floor
6th of 15
Parking
B578
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,400 /yr
Last sold
AED 3.4M · March 2021

About 606, Bluewaters Residences 7

606 is a two-bedroom apartment of 1,670 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 16 March 2021 for AED 3,400,000, or AED 2,035 per sqft, in line with the AED 2,060 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2022. The current contract, signed on 15 April 2022, is AED 260,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 48,400 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical two-bed in Bluewaters Residences 7
5M10M2018202120242027Typical sale price by year: 2018 AED 3,564,875; 2019 AED 3,638,500; 2021 AED 3,700,000; 2022 AED 7,000,000; 2023 AED 7,100,000; 2024 AED 9,000,000; 2026 AED 8,900,000Sold by developer, November 2019: AED 3,552,000 (AED 2,126 per sqft)Sold, March 2021: AED 3,400,000 (AED 2,035 per sqft)

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

Rents
Unit 606, each contractTypical two-bed in Bluewaters Residences 7
200K400K20192021202320252027Typical rent by year: 2019 AED 185,000; 2020 AED 180,000; 2021 AED 282,500; 2022 AED 330,000; 2023 AED 500,000; 2024 AED 450,000; 2025 AED 350,000; 2026 AED 410,000New contract, April 2022: AED 260,000 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 7, and where 606 sits

All 26 2-beds →

606 last sold in March 2021 at AED 2,035 per sqft, in line with what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,060). Over the last 12 months two-beds sold for AED 7,000,000 to 11,500,000, around AED 5,562 per sqft, and rent for AED 240,000 to 510,000 a year. 606's AED 260,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 202611,500,000
12 Mar 20267,000,000
17 Feb 20268,900,000
14 Nov 20259,320,000
4 2-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
6043-bedAED 11M · Jun 2024
6051-bedAED 5.75M · Mar 2026

606, Bluewaters Residences 7 in numbers

  • Sold twice: first on 24 November 2019 for AED 3,552,000, last on 16 March 2021 for AED 3,400,000 (AED 2,035 per sqft).
  • Rented since April 2022 on one Ejari contract, at AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 48,400 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 7 sold for AED 7,000,000–11,500,000 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 15 April 2022.

Questions about 606, Bluewaters Residences 7

What did unit 606 last sell for?

AED 3,400,000 on 16 March 2021: AED 2,035 per sqft for 1,670 sqft. The unit has 2 registered sales; the first was AED 3,552,000 in November 2019.

What is the rent for unit 606?

AED 260,000 a year on the contract signed on 15 April 2022.

How big is unit 606?

1,670 sqft (155.1 sqm): a two-bedroom apartment on the 6th floor of a 15-storey tower completed in 2019.

What is unit 606 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 7 sold for AED 7,000,000 to 11,500,000 in the last 12 months, around AED 5,562 per sqft.

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Mortgage on 606, Bluewaters Residences 7

Starts from the last sale price (AED 3.4M, 16 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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