1-bed · 1,154 sqftBluewaters Residences 6, Bluewaters Island · 3rd floor · completed 2019

305, Bluewaters Residences 6

Sold prices and rental history: sold twice, last in June 2024, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 5M24 June 2024
Current rentAED 115K /yr10 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Bluewaters Residences 6

What is 305 worth today?

Last sold for AED 5,000,000 in 2024

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24 Jun 2024SoldReady
AED 5,000,000AED 4,333 per sqft
10 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 100 per sqft
2 Jul 2018Sold by developerOff-plan
AED 2,374,000AED 2,057 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
3rd of 13
Parking
G367
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,400 /yr
Last sold
AED 5M · June 2024

About 305, Bluewaters Residences 6

305 is a one-bedroom apartment of 1,154 sqft on the 3rd floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 24 June 2024 for AED 5,000,000, or AED 4,333 per sqft, in line with the AED 4,333 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2019. The current contract, signed on 10 October 2019, is AED 115,000 a year: a gross yield of 2.3% on the 2024 price, before the service charge of about AED 33,400 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Bluewaters Residences 6
2M4M20172019202120232025Typical sale price by year: 2017 AED 2,421,000; 2018 AED 2,458,000; 2023 AED 5,300,000; 2024 AED 5,000,000Sold by developer, July 2018: AED 2,374,000 (AED 2,057 per sqft)Sold, June 2024: AED 5,000,000 (AED 4,333 per sqft)

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

Rents
Unit 305, each contractTypical one-bed in Bluewaters Residences 6
100K200K300K2019202120232025Typical rent by year: 2019 AED 130,000; 2020 AED 120,000; 2022 AED 151,313; 2024 AED 300,000; 2025 AED 322,500New contract, October 2019: AED 115,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Residences 6, and where 305 sits

All 11 1-beds →

305 last sold in June 2024 at AED 4,333 per sqft, in line with what one-beds in Bluewaters Residences 6 were fetching at the time (AED 4,333).

Recent 1-bed salesUnit no.Price (AED)Summary
29 Apr 20255,400,000
4 Apr 20246,500,000
23 Feb 20244,100,000
19 Sep 20235,000,000
0 1-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. 5 sold in the last 12 months.

Typical price per sqft
AED 5,843
Typical sale
AED 9.5M
Typical rent
AED 422K /yr
Typical yield
4.8%
Bluewaters Residences 6, Bluewaters Island: prices, sales and rents →

Other units on the 3rd floor

All 67 units in Bluewaters Residences 6
Value
3013-bedAED 5.3M · Oct 2021
3022-bedAED 4.9M · Jun 2022
3033-bedAED 4.64M · Jul 2019
3043-bedAED 4.4M · Jun 2021
3062-bedAED 3.41M · Jul 2018

305, Bluewaters Residences 6 in numbers

  • Sold twice: first on 2 July 2018 for AED 2,374,000, last on 24 June 2024 for AED 5,000,000 (AED 4,333 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 2.3%, before a service charge of about AED 33,400 a year (AED 28.99 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.

Questions about 305, Bluewaters Residences 6

What did unit 305 last sell for?

AED 5,000,000 on 24 June 2024: AED 4,333 per sqft for 1,154 sqft. The unit has 2 registered sales; the first was AED 2,374,000 in July 2018.

What is the rent for unit 305?

AED 115,000 a year on the contract signed on 10 October 2019.

How big is unit 305?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 3rd floor of a 13-storey tower completed in 2019.

What is unit 305 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 305, Bluewaters Residences 6

Starts from the last sale price (AED 5M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →