3-bed · 2,115 sqftBluewaters Residences 2, Bluewaters Island · 4th floor · completed 2019

401, Bluewaters Residences 2

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 October 2025
Last soldAED 4.61M23 July 2019
Current rentAED 598K /yr9 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Bluewaters Residences 2

What is 401 worth today?

Last sold for AED 4,605,000 in 2019

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9 Oct 2025RentedNew contract
AED 598,391/yr12 months · AED 283 per sqft
17 Jan 2025RentedNew contract
AED 600,000/yr12 months · AED 284 per sqft
17 Jan 2025RentedNew contract
AED 600,000/yr12 months · AED 284 per sqft
23 Jul 2019Sold by developerReady
AED 4,605,000AED 2,177 per sqft

Source: Dubai Land Department. Updated 9 October 2025.

Key facts

Type
3-bed apartment
Size
2,115 sqft
Floor
4th of 7
Parking
B313, B314
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 61,300 /yr
Last sold
AED 4.61M · July 2019

About 401, Bluewaters Residences 2

401 is a three-bedroom apartment of 2,115 sqft on the 4th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 23 July 2019 for AED 4,605,000, or AED 2,177 per sqft, 6% below the AED 2,317 three-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, signed on 9 October 2025, is AED 598,391 a year: a gross yield of 13.0% on the 2019 price, before the service charge of about AED 61,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Bluewaters Residences 2
5M10M2019202120232025Typical sale price by year: 2019 AED 4,630,500; 2020 AED 4,074,575; 2022 AED 7,700,000; 2024 AED 12,750,000; 2025 AED 12,250,000Sold by developer, July 2019: AED 4,605,000 (AED 2,177 per sqft)

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

Rents
Unit 401, each contractTypical three-bed in Bluewaters Residences 2
200K400K600K20192021202320252027Typical rent by year: 2019 AED 248,750; 2020 AED 230,000; 2021 AED 300,000; 2022 AED 450,000; 2023 AED 625,000; 2024 AED 595,500; 2025 AED 600,000; 2026 AED 640,000New contract, January 2025: AED 600,000 a yearNew contract, January 2025: AED 600,000 a yearNew contract, October 2025: AED 598,391 a year

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

3-beds in Bluewaters Residences 2, and where 401 sits

All 25 3-beds →

401 last sold in July 2019 at AED 2,177 per sqft, 6% below what three-beds in Bluewaters Residences 2 were fetching at the time (AED 2,317). Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year. 401's AED 598,391 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
4 Aug 202612,000,000
10 Feb 202611,500,000
26 Dec 202512,600,000
18 Dec 202511,900,000
5 3-bed sales in the last 12 months

Bluewaters Residences 2

Building

81 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,730 Up 14.6%
Typical sale
AED 10.13M
Typical rent
AED 400K /yr
Typical yield
4.9%
Bluewaters Residences 2, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 81 units in Bluewaters Residences 2
Value
4022-bedAED 7.1M · Jan 2025
4032-bedAED 7.15M · Apr 2023
4042-bedAED 3.16M · Oct 2019
4052-bedAED 6.7M · Nov 2022
4062-bedAED 7.5M · Apr 2023
4074-bedAED 13.2M · Jul 2022
4082-bedAED 9.05M · Jun 2025
1–7 of 11

401, Bluewaters Residences 2 in numbers

  • Sold once: by Blue Waters Residential on 23 July 2019 for AED 4,605,000, or AED 2,177 per sqft.
  • Rented since January 2025 on 3 Ejari contracts, from AED 600,000 to AED 598,391 a year.
  • At AED 598,391 a year the gross yield on the 2019 price is 13.0%, before a service charge of about AED 61,300 a year (AED 28.99 per sqft).
  • Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 in the 12 months to November 2026; the building's median across all types is AED 5,730 per sqft.

Source: Dubai Land Department. Updated 9 October 2025.

Questions about 401, Bluewaters Residences 2

What did unit 401 last sell for?

AED 4,605,000 on 23 July 2019, sold by the developer: AED 2,177 per sqft for 2,115 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 598,391 a year on the contract signed on 9 October 2025. The previous contract, from January 2025, was AED 600,000; the unit has been rented since January 2025.

How big is unit 401?

2,115 sqft (196.5 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.

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Mortgage on 401, Bluewaters Residences 2

Starts from the last sale price (AED 4.61M, 23 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 4,605,000
Deposit, UAE resident (20%)
AED 921,000
Deposit, non-resident (40%)
AED 1,842,000
Monthly over 25 years at 3.7%
AED 18,840

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