3-bed · 2,097 sqftBluewaters Residences 8, Bluewaters Island · 6th floor · completed 2019

603, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in November 2018, 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 1 December 2022
Last soldAED 5.19M26 November 2018
Current rentAED 232K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Bluewaters Residences 8

What is 603 worth today?

Last sold for AED 5,194,000 in 2018

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1 Dec 2022RentedRenewal
AED 231,525/yr12 months · AED 110 per sqft
1 Dec 2021RentedRenewal
AED 220,500/yr12 months · AED 105 per sqft
1 Dec 2020RentedRenewal
AED 210,000/yr12 months · AED 100 per sqft
1 Dec 2019RentedNew contract
AED 210,000/yr12 months · AED 100 per sqft
26 Nov 2018Sold by developerOff-plan
AED 5,194,000AED 2,476 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
3-bed apartment
Size
2,097 sqft
Floor
6th of 16
Parking
B684, B686
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 60,800 /yr
Last sold
AED 5.19M · November 2018

About 603, Bluewaters Residences 8

603 is a three-bedroom apartment of 2,097 sqft on the 6th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 26 November 2018 for AED 5,194,000, or AED 2,476 per sqft, in line with the AED 2,495 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 231,525 a year: a gross yield of 4.5% on the 2018 price, before the service charge of about AED 60,800 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical three-bed in Bluewaters Residences 8
5M10M2017202020232026Typical sale price by year: 2017 AED 5,420,000; 2018 AED 5,236,500; 2019 AED 5,143,000; 2021 AED 5,084,500; 2022 AED 8,107,000; 2023 AED 10,850,000; 2024 AED 12,750,000; 2025 AED 11,950,000Sold by developer, November 2018: AED 5,194,000 (AED 2,476 per sqft)

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

Rents
Unit 603, each contractTypical three-bed in Bluewaters Residences 8
250K500K750K2019202120232025Typical rent by year: 2019 AED 232,500; 2020 AED 240,000; 2021 AED 300,000; 2022 AED 400,000; 2023 AED 725,000; 2024 AED 685,000; 2025 AED 649,034New contract, December 2019: AED 210,000 a yearRenewal, December 2020: AED 210,000 a yearRenewal, December 2021: AED 220,500 a yearRenewal, December 2022: AED 231,525 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 8, and where 603 sits

All 28 3-beds →

603 last sold in November 2018 at AED 2,476 per sqft, in line with what three-beds in Bluewaters Residences 8 were fetching at the time (AED 2,495). Over the last 12 months three-beds sold for AED 10,000,000 to 20,000,000, around AED 7,286 per sqft, and rent for AED 300,000 to 755,801 a year. 603's AED 231,525 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 May 202618,000,000
16 Jan 202620,000,000
25 Nov 202510,000,000
17 Nov 202512,600,000
4 3-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.

Typical price per sqft
AED 6,000
Typical sale
AED 11.3M
Typical rent
AED 450K /yr
Typical yield
4.5%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 85 units in Bluewaters Residences 8
Value
6013-bedAED 18M · May 2026
6022-bedAED 11.3M · Jan 2026
6042-bedAED 7.54M · Mar 2023
6052-bedAED 4.9M · Jun 2022
6062-bedAED 7.65M · Apr 2024

603, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 26 November 2018 for AED 5,194,000, or AED 2,476 per sqft.
  • Rented since December 2019 on 4 Ejari contracts, from AED 210,000 to AED 231,525 a year.
  • At AED 231,525 a year the gross yield on the 2018 price is 4.5%, before a service charge of about AED 60,800 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 8 sold for AED 10,000,000–20,000,000 in the 12 months to November 2026; the building's median across all types is AED 6,000 per sqft.

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 603, Bluewaters Residences 8

What did unit 603 last sell for?

AED 5,194,000 on 26 November 2018, sold by the developer: AED 2,476 per sqft for 2,097 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 231,525 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 220,500; the unit has been rented since December 2019.

How big is unit 603?

2,097 sqft (194.8 sqm): a three-bedroom apartment on the 6th floor of a 16-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 8 sold for AED 10,000,000 to 20,000,000 in the last 12 months, around AED 7,286 per sqft.

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Mortgage on 603, Bluewaters Residences 8

Starts from the last sale price (AED 5.19M, 26 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,194,000
Deposit, UAE resident (20%)
AED 1,038,800
Deposit, non-resident (40%)
AED 2,077,600
Monthly over 25 years at 3.7%
AED 21,250

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