1-bed · 1,154 sqftBluewaters Residences 7, Bluewaters Island · 6th floor · completed 2019

605, Bluewaters Residences 7

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 25 October 2023
Last soldAED 4.55M12 April 2023
Current rentAED 400K /yr25 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Bluewaters Residences 7

What is 605 worth today?

Last sold for AED 4,550,000 in 2023

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25 Oct 2023RentedNew contract
AED 400,000/yr12 months · AED 347 per sqft
12 Apr 2023SoldReady
AED 4,550,000AED 3,942 per sqft
19 Sep 2022SoldReady
AED 3,500,000AED 3,032 per sqft
10 Jan 2022RentedRenewal
AED 120,750/yr12 months · AED 105 per sqft
10 Jul 2021RentedRenewal
AED 114,000/yr6 months · AED 99 per sqft
10 Jul 2020RentedRenewal
AED 115,000/yr12 months · AED 100 per sqft
10 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 113 per sqft
26 Jul 2018Sold by developerOff-plan
AED 2,324,650AED 2,014 per sqft

Source: Dubai Land Department. Updated 25 October 2023.

Key facts

Type
1-bed apartment
Size
1,154 sqft
Floor
6th of 15
Parking
G346
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,500 /yr
Last sold
AED 4.55M · April 2023

About 605, Bluewaters Residences 7

605 is a one-bedroom apartment of 1,154 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 12 April 2023 for AED 4,550,000, or AED 3,942 per sqft, 30% above the AED 3,032 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 25 October 2023, is AED 400,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 33,500 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Bluewaters Residences 7
2M4M2018202020222024Typical sale price by year: 2018 AED 2,360,275; 2019 AED 2,611,531; 2022 AED 3,500,000; 2023 AED 4,850,000Sold by developer, July 2018: AED 2,324,650 (AED 2,014 per sqft)Sold, September 2022: AED 3,500,000 (AED 3,032 per sqft)Sold, April 2023: AED 4,550,000 (AED 3,942 per sqft)

605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in Bluewaters Residences 7
200K400K201920212023Typical rent by year: 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 168,138; 2023 AED 320,000New contract, July 2019: AED 130,000 a yearRenewal, July 2020: AED 115,000 a yearRenewal, July 2021: AED 114,000 a yearRenewal, January 2022: AED 120,750 a yearNew contract, October 2023: AED 400,000 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 7, and where 605 sits

All 12 1-beds →

605 last sold in April 2023 at AED 3,942 per sqft, 30% above what one-beds in Bluewaters Residences 7 were fetching at the time (AED 3,032). Over the last 12 months one-beds sold for AED 4,500,000 to 4,550,000, around AED 3,921 per sqft, and rent for AED 366,000 to 366,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20264,550,000
18 Dec 20254,500,000
13 Aug 20245,000,000
18 Dec 20234,700,000
2 1-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. 5 sold in the last 12 months.

Typical price per sqft
AED 5,329
Typical sale
AED 8.9M
Typical rent
AED 496K /yr
Typical yield
5.1%
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
602AED 9.32M · Nov 2025
6033-bedAED 13.7M · Feb 2024
6043-bedAED 11M · Jun 2024
6062-bedAED 3.4M · Mar 2021

605, Bluewaters Residences 7 in numbers

  • Sold 3 times: first on 26 July 2018 for AED 2,324,650, last on 12 April 2023 for AED 4,550,000 (AED 3,942 per sqft).
  • Rented since July 2019 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 114,000 in 2021 and recovered to AED 400,000 by October 2023.
  • At AED 400,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 33,500 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 7 sold for AED 4,500,000–4,550,000 in the 12 months to November 2026; the building's median across all types is AED 5,329 per sqft.

Source: Dubai Land Department. Updated 25 October 2023.

Questions about 605, Bluewaters Residences 7

What did unit 605 last sell for?

AED 4,550,000 on 12 April 2023: AED 3,942 per sqft for 1,154 sqft. The unit has 3 registered sales; the first was AED 2,324,650 in July 2018.

What is the rent for unit 605?

AED 400,000 a year on the contract signed on 25 October 2023. The previous contract, from January 2022, was AED 120,750; the unit has been rented since July 2019.

How big is unit 605?

1,154 sqft (107.2 sqm): a one-bedroom apartment on the 6th floor of a 15-storey tower completed in 2019.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 7 sold for AED 4,500,000 to 4,550,000 in the last 12 months, around AED 3,921 per sqft.

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Mortgage on 605, Bluewaters Residences 7

Starts from the last sale price (AED 4.55M, 12 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,550,000
Deposit, UAE resident (20%)
AED 910,000
Deposit, non-resident (40%)
AED 1,820,000
Monthly over 25 years at 3.7%
AED 18,615

Plus AED 196,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →