405, Bluewaters Residences 1
Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Bluewaters Residences 1
What is 405 worth today?
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Source: Dubai Land Department. Updated 4 May 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,175 sqft
- Floor
- 4th of 6
- Parking
- B405, B406
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 63,000 /yr
- Last sold
- AED 15M · May 2023
- Building
- Bluewaters Residences 1
About 405, Bluewaters Residences 1
405 is a three-bedroom apartment of 2,175 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 4 May 2023 for AED 15,000,000, or AED 6,898 per sqft.
One Ejari contract is registered, from 2 February 2020. The current contract, signed on 2 February 2020, is AED 280,000 a year: a gross yield of 1.9% on the 2023 price, before the service charge of about AED 63,000 a year.
3-beds in Bluewaters Residences 1, and where 405 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20255 November 2025 | 2,183 sqft | 13,700,000 | 6,275 | ||
| 4 Feb 20254 February 2025 | 2,175 sqft | 12,650,000 | 5,817 | ||
| 11 Feb 202111 February 2021 | 2,175 sqft | 6,000,000 | 2,759 | ||
| 2 Sep 20202 September 2020 | 2,175 sqft | 3,800,000 | 1,747 |
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 | ||
| 403 | 2-bed | 1,711 sqft | AED 7.9MAED 7,900,000 · Sep 2023September 2023 | 400,000 /yr | |
| 404 | 4-bed | 2,563 sqft | AED 19.4MAED 19,400,000 · May 2023May 2023 | ||
| 406 | 4-bed | 2,473 sqft | AED 5.59MAED 5,590,000 · Sep 2018September 2018 |
405, Bluewaters Residences 1 in numbers
- Sold 3 times: first on 31 October 2019 for AED 4,935,000, last on 4 May 2023 for AED 15,000,000 (AED 6,898 per sqft).
- Rented since February 2020 on one Ejari contract, at AED 280,000 a year.
- At AED 280,000 a year the gross yield on the 2023 price is 1.9%, before a service charge of about AED 63,000 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 4 May 2023.
Questions about 405, Bluewaters Residences 1
What did unit 405 last sell for?
AED 15,000,000 on 4 May 2023: AED 6,898 per sqft for 2,175 sqft. The unit has 3 registered sales; the first was AED 4,935,000 in October 2019.
What is the rent for unit 405?
AED 280,000 a year on the contract signed on 2 February 2020.
How big is unit 405?
2,175 sqft (202.1 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 405 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 405, Bluewaters Residences 1
Starts from the last sale price (AED 15M, 4 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 15,000,000
- Deposit, UAE resident (20%)
- AED 3,000,000
- Deposit, non-resident (40%)
- AED 6,000,000
- Monthly over 25 years at 3.7%
- AED 61,370
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →