2-bed · 1,482 sqftBluewaters Residences 10, Bluewaters Island · 4th floor · completed 2019

402, Bluewaters Residences 10

Sold prices and rental history: sold twice, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 6.2M4 April 2024
Current rentAED 330K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Bluewaters Residences 10

What is 402 worth today?

Last sold for AED 6,200,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Apr 2024SoldReady
AED 6,200,000AED 4,184 per sqft
20 Dec 2022RentedNew contract
AED 330,000/yr12 months · AED 222 per sqft
8 Nov 2021RentedNew contract
AED 250,000/yr12 months · AED 168 per sqft
2 May 2021Sold by developerReady
AED 3,008,000AED 2,030 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
2-bed apartment
Size
1,482 sqft
Floor
4th of 9
Parking
B250
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,000 /yr
Last sold
AED 6.2M · April 2024

About 402, Bluewaters Residences 10

402 is a two-bedroom apartment of 1,482 sqft on the 4th floor of Bluewaters Residences 10, a 9-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 4 April 2024 for AED 6,200,000, or AED 4,184 per sqft, 5% below the AED 4,398 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 20 December 2022, is AED 330,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 43,000 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Bluewaters Residences 10
5M10M2019202120232025Typical sale price by year: 2019 AED 3,615,000; 2020 AED 3,594,000; 2021 AED 3,080,000; 2022 AED 4,850,000; 2023 AED 7,500,000; 2024 AED 7,500,000; 2025 AED 9,550,000Sold by developer, May 2021: AED 3,008,000 (AED 2,030 per sqft)Sold, April 2024: AED 6,200,000 (AED 4,184 per sqft)

402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Bluewaters Residences 10
200K400K20192021202320252027Typical rent by year: 2019 AED 170,000; 2020 AED 155,000; 2021 AED 250,000; 2022 AED 300,000; 2023 AED 435,000; 2024 AED 425,000; 2025 AED 422,500; 2026 AED 450,000New contract, November 2021: AED 250,000 a yearNew contract, December 2022: AED 330,000 a year

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 10, and where 402 sits

All 25 2-beds →

402 last sold in April 2024 at AED 4,184 per sqft, 5% below what two-beds in Bluewaters Residences 10 were fetching at the time (AED 4,398). Over the last 12 months two-beds sold for AED 6,700,000 to 7,000,000, around AED 4,283 per sqft, and rent for AED 95,000 to 565,000 a year. 402's AED 330,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20267,000,000
15 Jan 20266,700,000
28 Oct 202511,300,000
11 Aug 20255,000,000
2 2-bed sales in the last 12 months

Bluewaters Residences 10

Building

53 apartments, 1-bed to 4-bed over 9 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 4,720
Typical sale
AED 7M
Typical rent
AED 425K /yr
Typical yield
4.9%
Bluewaters Residences 10, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 53 units in Bluewaters Residences 10
Value
4032-bedAED 7.5M · Aug 2024
4044-bedAED 4.77M · Nov 2019
4053-bedAED 4.88M · Aug 2026
4064-bedAED 7.1M · Nov 2021

402, Bluewaters Residences 10 in numbers

  • Sold twice: first on 2 May 2021 for AED 3,008,000, last on 4 April 2024 for AED 6,200,000 (AED 4,184 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 250,000 to AED 330,000 a year.
  • At AED 330,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 43,000 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 10 sold for AED 6,700,000–7,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,720 per sqft.

Source: Dubai Land Department. Updated 4 April 2024.

Questions about 402, Bluewaters Residences 10

What did unit 402 last sell for?

AED 6,200,000 on 4 April 2024: AED 4,184 per sqft for 1,482 sqft. The unit has 2 registered sales; the first was AED 3,008,000 in May 2021.

What is the rent for unit 402?

AED 330,000 a year on the contract signed on 20 December 2022. The previous contract, from November 2021, was AED 250,000.

How big is unit 402?

1,482 sqft (137.7 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2019.

What is unit 402 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 10 sold for AED 6,700,000 to 7,000,000 in the last 12 months, around AED 4,283 per sqft.

Selling 402? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 402, Bluewaters Residences 10

Starts from the last sale price (AED 6.2M, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,200,000
Deposit, UAE resident (20%)
AED 1,240,000
Deposit, non-resident (40%)
AED 2,480,000
Monthly over 25 years at 3.7%
AED 25,366

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