2-bed · 1,512 sqftBluewaters Residences 2, Bluewaters Island · 4th floor · completed 2019

402, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in January 2025, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 28 January 2025
Last soldAED 7.1M28 January 2025
Current rentAED 125K /yr13 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Bluewaters Residences 2

What is 402 worth today?

Last sold for AED 7,100,000 in 2025

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28 Jan 2025SoldReady
AED 7,100,000AED 4,694 per sqft
13 Jul 2020RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
16 Mar 2020Sold by developerReady
AED 3,222,000AED 2,130 per sqft

Source: Dubai Land Department. Updated 28 January 2025.

Key facts

Type
2-bed apartment
Size
1,512 sqft
Floor
4th of 7
Parking
B311
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,800 /yr
Last sold
AED 7.1M · January 2025

About 402, Bluewaters Residences 2

402 is a two-bedroom apartment of 1,512 sqft on the 4th floor of Bluewaters Residences 2, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 January 2025 for AED 7,100,000, or AED 4,694 per sqft, 5% below the AED 4,949 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 July 2020. The current contract, signed on 13 July 2020, is AED 125,000 a year: a gross yield of 1.8% on the 2025 price, before the service charge of about AED 43,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Bluewaters Residences 2
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,311,000; 2020 AED 3,222,000; 2021 AED 3,300,000; 2022 AED 6,390,000; 2023 AED 7,500,000; 2024 AED 8,050,000; 2025 AED 8,400,000Sold by developer, March 2020: AED 3,222,000 (AED 2,130 per sqft)Sold, January 2025: AED 7,100,000 (AED 4,694 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 2
200K400K20192021202320252027Typical rent by year: 2019 AED 165,000; 2020 AED 160,000; 2021 AED 200,000; 2022 AED 300,000; 2023 AED 390,000; 2024 AED 430,000; 2025 AED 355,000; 2026 AED 350,000New contract, July 2020: AED 125,000 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 2, and where 402 sits

All 38 2-beds →

402 last sold in January 2025 at AED 4,694 per sqft, 5% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 4,949). Over the last 12 months two-beds sold for AED 4,267,093 to 9,000,000, around AED 4,298 per sqft, and rent for AED 280,000 to 480,000 a year. 402's AED 125,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 20266,600,000
28 Jan 20264,267,093
8 Dec 20259,000,000
24 Sep 202511,000,000
3 2-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
4013-bedAED 4.61M · Jul 2019
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

402, Bluewaters Residences 2 in numbers

  • Sold twice: first on 16 March 2020 for AED 3,222,000, last on 28 January 2025 for AED 7,100,000 (AED 4,694 per sqft).
  • Rented since July 2020 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2025 price is 1.8%, before a service charge of about AED 43,800 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 2 sold for AED 4,267,093–9,000,000 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 28 January 2025.

Questions about 402, Bluewaters Residences 2

What did unit 402 last sell for?

AED 7,100,000 on 28 January 2025: AED 4,694 per sqft for 1,512 sqft. The unit has 2 registered sales; the first was AED 3,222,000 in March 2020.

What is the rent for unit 402?

AED 125,000 a year on the contract signed on 13 July 2020.

How big is unit 402?

1,512 sqft (140.5 sqm): a two-bedroom apartment on the 4th floor of a 7-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 2 sold for AED 4,267,093 to 9,000,000 in the last 12 months, around AED 4,298 per sqft.

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Mortgage on 402, Bluewaters Residences 2

Starts from the last sale price (AED 7.1M, 28 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

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