2-bed · 1,592 sqftBluewaters Residences 4, Bluewaters Island · 6th floor · completed 2019

609, Bluewaters Residences 4

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 3.43M24 March 2019
Current rentAED 550K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Bluewaters Residences 4

What is 609 worth today?

Last sold for AED 3,430,000 in 2019

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1 May 2025RentedRenewal
AED 550,000/yr12 months · AED 348 per sqft
1 May 2024RentedRenewal
AED 550,000/yr12 months · AED 348 per sqft
1 May 2023RentedNew contract
AED 500,000/yr12 months · AED 314 per sqft
24 Apr 2022RentedRenewal
AED 200,471/yr10 months · AED 127 per sqft
24 Apr 2021RentedRenewal
AED 200,000/yr12 months · AED 126 per sqft
24 Apr 2020RentedNew contract
AED 200,000/yr12 months · AED 126 per sqft
24 Apr 2019RentedNew contract
AED 200,000/yr12 months · AED 126 per sqft
24 Mar 2019Sold by developerOff-plan
AED 3,430,000AED 2,155 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Key facts

Type
2-bed apartment
Size
1,592 sqft
Floor
6th of 7
Parking
B511
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,100 /yr
Last sold
AED 3.43M · March 2019

About 609, Bluewaters Residences 4

609 is a two-bedroom apartment of 1,592 sqft on the 6th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 24 March 2019 for AED 3,430,000, or AED 2,155 per sqft, in line with the AED 2,138 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 550,000 a year: a gross yield of 16.0% on the 2019 price, before the service charge of about AED 46,100 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,327,500; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,500,000Sold by developer, March 2019: AED 3,430,000 (AED 2,155 per sqft)

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

Rents
Unit 609, each contractTypical two-bed in Bluewaters Residences 4
200K400K600K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 210,000; 2022 AED 299,196; 2023 AED 460,000; 2024 AED 440,000; 2025 AED 400,000; 2026 AED 320,000New contract, April 2019: AED 200,000 a yearNew contract, April 2020: AED 200,000 a yearRenewal, April 2021: AED 200,000 a yearRenewal, April 2022: AED 200,471 a yearNew contract, May 2023: AED 500,000 a yearRenewal, May 2024: AED 550,000 a yearRenewal, May 2025: AED 550,000 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 4, and where 609 sits

All 27 2-beds →

609 last sold in March 2019 at AED 2,155 per sqft, in line with what two-beds in Bluewaters Residences 4 were fetching at the time (AED 2,138). 609's AED 550,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 202510,000,000
21 Feb 202511,000,000
11 Feb 202510,500,000
19 Dec 20247,500,000
0 2-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 5,636
Typical sale
AED 12M
Typical rent
AED 489K /yr
Typical yield
4.9%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 6th floor

All 78 units in Bluewaters Residences 4
Value
6013-bedAED 14.4M · May 2024
6021-bedAED 5.6M · May 2023
6031-bedAED 3.2M · Jul 2022
6041-bedAED 3.5M · Nov 2022
6051-bedAED 1.95M · Oct 2020
6062-bedAED 4.5M · May 2022
6074-bedAED 5.66M · Nov 2019
1–7 of 10

609, Bluewaters Residences 4 in numbers

  • Sold once: by Blue Waters Residential on 24 March 2019 for AED 3,430,000, or AED 2,155 per sqft.
  • Rented since April 2019 on 7 Ejari contracts, from AED 200,000 to AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2019 price is 16.0%, before a service charge of about AED 46,100 a year (AED 28.99 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Questions about 609, Bluewaters Residences 4

What did unit 609 last sell for?

AED 3,430,000 on 24 March 2019, sold by the developer: AED 2,155 per sqft for 1,592 sqft. It is the only registered sale of the unit.

What is the rent for unit 609?

AED 550,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 550,000; the unit has been rented since April 2019.

How big is unit 609?

1,592 sqft (147.9 sqm): a two-bedroom apartment on the 6th floor of a 7-storey tower completed in 2019.

What is unit 609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 609, Bluewaters Residences 4

Starts from the last sale price (AED 3.43M, 24 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,430,000
Deposit, UAE resident (20%)
AED 686,000
Deposit, non-resident (40%)
AED 1,372,000
Monthly over 25 years at 3.7%
AED 14,033

Plus AED 149,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →