403, Bluewaters Residences 1
Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Bluewaters Residences 1
What is 403 worth today?
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Source: Dubai Land Department. Updated 19 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,711 sqft
- Floor
- 4th of 6
- Parking
- G154
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 49,600 /yr
- Last sold
- AED 7.9M · September 2023
- Building
- Bluewaters Residences 1
About 403, Bluewaters Residences 1
403 is a two-bedroom apartment of 1,711 sqft on the 4th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 26 September 2023 for AED 7,900,000, or AED 4,616 per sqft, in line with the AED 4,526 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 19 August 2025, is AED 400,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 49,600 a year.
Sales and rents for 403 over time
403 has sold 3 times; 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 1, and where 403 sits
All 16 2-beds →403 last sold in September 2023 at AED 4,616 per sqft, in line with what two-beds in Bluewaters Residences 1 were fetching at the time (AED 4,526). Over the last 12 months two-beds sold for AED 7,100,000, around AED 4,736 per sqft, and rent for AED 397,861 to 530,000 a year. 403's AED 400,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jul 202613 July 2026 | 1,499 sqft | 7,100,000 | 4,736 | ||
| 22 May 202522 May 2025 | 1,478 sqft | 6,050,000 | 4,093 | ||
| 15 Nov 202415 November 2024 | 1,711 sqft | 6,800,000 | 3,973 | ||
| 20 Sep 202420 September 2024 | 1,980 sqft | 4,700,000 | 2,374 |
Bluewaters Residences 1
Building41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.
- Typical price per sqft
- AED 4,736
- Typical sale
- AED 7.1M
- Typical rent
- AED 500K /yr
- Typical yield
- 6.0%
Other units on the 4th floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,768 sqft | AED 8MAED 8,000,000 · Nov 2022November 2022 | 500,000 /yr | |
| 402 | 2-bed | 1,478 sqft | AED 2.9MAED 2,900,350 · Apr 2021April 2021 | ||
| 404 | 4-bed | 2,563 sqft | AED 19.4MAED 19,400,000 · May 2023May 2023 | ||
| 405 | 3-bed | 2,175 sqft | AED 15MAED 15,000,000 · May 2023May 2023 | 280,000 /yr | |
| 406 | 4-bed | 2,473 sqft | AED 5.59MAED 5,590,000 · Sep 2018September 2018 |
403, Bluewaters Residences 1 in numbers
- Sold 3 times: first on 17 February 2019 for AED 3,575,000, last on 26 September 2023 for AED 7,900,000 (AED 4,616 per sqft).
- Rented since February 2021 on 4 Ejari contracts, from AED 215,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 49,600 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 1 sold for AED 7,100,000–7,100,000 in the 12 months to November 2026; the building's median across all types is AED 4,736 per sqft.
Source: Dubai Land Department. Updated 19 August 2025.
Questions about 403, Bluewaters Residences 1
What did unit 403 last sell for?
AED 7,900,000 on 26 September 2023: AED 4,616 per sqft for 1,711 sqft. The unit has 3 registered sales; the first was AED 3,575,000 in February 2019.
What is the rent for unit 403?
AED 400,000 a year on the contract renewed on 19 August 2025. The previous contract, from August 2024, was AED 400,000; the unit has been rented since February 2021.
How big is unit 403?
1,711 sqft (159.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 1 sold for AED 7,100,000 to 7,100,000 in the last 12 months, around AED 4,736 per sqft.
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Mortgage on 403, Bluewaters Residences 1
Starts from the last sale price (AED 7.9M, 26 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 7,900,000
- Deposit, UAE resident (20%)
- AED 1,580,000
- Deposit, non-resident (40%)
- AED 3,160,000
- Monthly over 25 years at 3.7%
- AED 32,321
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →