4-bed · 2,473 sqftBluewaters Residences 1, Bluewaters Island · 4th floor · completed 2019

406, Bluewaters Residences 1

Sold prices and rental history: sold once, by the developer in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 6 September 2018
Last soldAED 5.59M6 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Residences 1

What is 406 worth today?

Last sold for AED 5,590,000 in 2018

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6 Sep 2018Sold by developerOff-plan
AED 5,590,000AED 2,260 per sqft

Source: Dubai Land Department. Updated 6 September 2018.

Key facts

Type
4-bed apartment
Size
2,473 sqft
Floor
4th of 6
Parking
G157, G158
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,700 /yr
Last sold
AED 5.59M · September 2018

About 406, Bluewaters Residences 1

406 is a four-bedroom apartment of 2,473 sqft on the 4th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 6 September 2018 for AED 5,590,000, or AED 2,260 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2018: AED 5,590,000 (AED 2,260 per sqft)

406 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 406, 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 406 sits

All 17 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
17 Mar 202516,900,000
29 May 202319,400,000
17 Mar 202319,100,000
8 Feb 202316,600,000
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
4044-bedAED 19.4M · May 2023
4053-bedAED 15M · May 2023

406, Bluewaters Residences 1 in numbers

  • Sold once: by Blue Waters Residential on 6 September 2018 for AED 5,590,000, or AED 2,260 per sqft.

Source: Dubai Land Department. Updated 6 September 2018.

Questions about 406, Bluewaters Residences 1

What did unit 406 last sell for?

AED 5,590,000 on 6 September 2018, sold by the developer: AED 2,260 per sqft for 2,473 sqft. It is the only registered sale of the unit.

How big is unit 406?

2,473 sqft (229.7 sqm): a four-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 406 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 406, Bluewaters Residences 1

Starts from the last sale price (AED 5.59M, 6 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 5,590,000
Deposit, UAE resident (20%)
AED 1,118,000
Deposit, non-resident (40%)
AED 2,236,000
Monthly over 25 years at 3.7%
AED 22,870

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