602, Bluewaters Residences 9
Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Bluewaters Residences 9
What is 602 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,610 sqft
- Floor
- 6th of 14
- Parking
- B187
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 46,700 /yr
- Last sold
- AED 6.18M · March 2022
- Building
- Bluewaters Residences 9
About 602, Bluewaters Residences 9
602 is a two-bedroom apartment of 1,610 sqft on the 6th floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 30 March 2022 for AED 6,180,000, or AED 3,839 per sqft, 21% above the AED 3,171 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 June 2024, is AED 450,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 46,700 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the two-bed median of each year in the building.
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 9, and where 602 sits
All 23 2-beds →602 last sold in March 2022 at AED 3,839 per sqft, 21% above what two-beds in Bluewaters Residences 9 were fetching at the time (AED 3,171). 602's AED 450,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 1,662 sqft | 7,600,000 | 4,572 | ||
| 7 Mar 20257 March 2025 | 1,608 sqft | 8,800,000 | 5,471 | ||
| 3 Sep 20243 September 2024 | 1,668 sqft | 9,700,000 | 5,814 | ||
| 18 Apr 202418 April 2024 | 2,077 sqft | 8,950,000 | 4,309 |
Bluewaters Residences 9
Building73 apartments, 1-bed to 5-bed over 14 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 4 sold in the last 12 months.
- Typical price per sqft
- AED 5,680
- Typical sale
- AED 11.95M
- Typical rent
- AED 360K /yr
- Typical yield
- 4.1%
Other units on the 6th floor
All 73 units in Bluewaters Residences 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 2,112 sqft | AED 5.78MAED 5,776,000 · Nov 2019November 2019 | 575,000 /yr | |
| 603 | 3-bed | 2,097 sqft | AED 9.5MAED 9,500,000 · Nov 2022November 2022 | ||
| 604 | 3-bed | 2,045 sqft | AED 4.26MAED 4,264,000 · Jan 2020January 2020 | ||
| 605 | 1-bed | 1,154 sqft | AED 2.36MAED 2,359,000 · Nov 2019November 2019 | 260,000 /yr | |
| 606 | 2-bed | 1,662 sqft | AED 7.6MAED 7,600,000 · Mar 2025March 2025 | 180,000 /yr |
602, Bluewaters Residences 9 in numbers
- Sold twice: first on 20 October 2019 for AED 4,547,000, last on 30 March 2022 for AED 6,180,000 (AED 3,839 per sqft).
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 245,000 to AED 100,000 in 2021 and recovered to AED 450,000 by June 2024.
- At AED 450,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 46,700 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 5 June 2024.
Questions about 602, Bluewaters Residences 9
What did unit 602 last sell for?
AED 6,180,000 on 30 March 2022: AED 3,839 per sqft for 1,610 sqft. The unit has 2 registered sales; the first was AED 4,547,000 in October 2019.
What is the rent for unit 602?
AED 450,000 a year on the contract renewed on 5 June 2024. The previous contract, from June 2022, was AED 450,000; the unit has been rented since January 2020.
How big is unit 602?
1,610 sqft (149.6 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2019.
What is unit 602 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 602, Bluewaters Residences 9
Starts from the last sale price (AED 6.18M, 30 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 6,180,000
- Deposit, UAE resident (20%)
- AED 1,236,000
- Deposit, non-resident (40%)
- AED 2,472,000
- Monthly over 25 years at 3.7%
- AED 25,284
Plus AED 264,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →