4-bed · 2,563 sqftBluewaters Residences 1, Bluewaters Island · 4th floor · completed 2019

404, Bluewaters Residences 1

Sold prices and rental history: sold 3 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 29 May 2023
Last soldAED 19.4M29 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Bluewaters Residences 1

What is 404 worth today?

Last sold for AED 19,400,000 in 2023

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29 May 2023SoldReady
AED 19,400,000AED 7,570 per sqft
28 Apr 2021SoldReady
AED 6,975,000AED 2,721 per sqft
17 Oct 2019Sold by developerReady
AED 5,776,000AED 2,253 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type
4-bed apartment
Size
2,563 sqft
Floor
4th of 6
Parking
B403, B404
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 74,300 /yr
Last sold
AED 19.4M · May 2023

About 404, Bluewaters Residences 1

404 is a four-bedroom apartment of 2,563 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 29 May 2023 for AED 19,400,000, or AED 7,570 per sqft, 17% above the AED 6,477 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical four-bed in Bluewaters Residences 1
10M20M2018202020222024Typical sale price by year: 2018 AED 5,565,000; 2019 AED 5,771,000; 2020 AED 11,642,000; 2021 AED 6,637,500; 2022 AED 16,000,000; 2023 AED 18,300,000Sold by developer, October 2019: AED 5,776,000 (AED 2,253 per sqft)Sold, April 2021: AED 6,975,000 (AED 2,721 per sqft)Sold, May 2023: AED 19,400,000 (AED 7,570 per sqft)

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

Rents
Unit 404, each contractTypical four-bed in Bluewaters Residences 1
250K500K750K2020202220242026Typical rent by year: 2020 AED 315,000; 2021 AED 485,000; 2024 AED 800,000; 2025 AED 700,000; 2026 AED 760,000

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

4-beds in Bluewaters Residences 1, and where 404 sits

All 17 4-beds →

404 last sold in May 2023 at AED 7,570 per sqft, 17% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 6,477).

Recent 4-bed salesUnit no.Price (AED)Summary
17 Mar 202516,900,000
17 Mar 202319,100,000
8 Feb 202316,600,000
7 Feb 202317,500,000
0 4-bed sales in the last 12 months

Bluewaters Residences 1

Building

41 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%
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 41 units in Bluewaters Residences 1
Value
4012-bedAED 8M · Nov 2022
4022-bedAED 2.9M · Apr 2021
4032-bedAED 7.9M · Sep 2023
4053-bedAED 15M · May 2023
4064-bedAED 5.59M · Sep 2018

404, Bluewaters Residences 1 in numbers

  • Sold 3 times: first on 17 October 2019 for AED 5,776,000, last on 29 May 2023 for AED 19,400,000 (AED 7,570 per sqft).

Source: Dubai Land Department. Updated 29 May 2023.

Questions about 404, Bluewaters Residences 1

What did unit 404 last sell for?

AED 19,400,000 on 29 May 2023: AED 7,570 per sqft for 2,563 sqft. The unit has 3 registered sales; the first was AED 5,776,000 in October 2019.

How big is unit 404?

2,563 sqft (238.1 sqm): a four-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 404 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 404, Bluewaters Residences 1

Starts from the last sale price (AED 19.4M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 19,400,000
Deposit, UAE resident (20%)
AED 3,880,000
Deposit, non-resident (40%)
AED 7,760,000
Monthly over 25 years at 3.7%
AED 79,371

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →