2-bed · 1,677 sqftBluewaters Residences 2, Bluewaters Island · 4th floor · completed 2019

403, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in April 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 7.15M24 April 2023
Current rentAED 500K /yr30 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Bluewaters Residences 2

What is 403 worth today?

Last sold for AED 7,150,000 in 2023

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24 Apr 2023SoldReady
AED 7,150,000AED 4,264 per sqft
30 Nov 2022RentedNew contract
AED 500,000/yr12 months · AED 298 per sqft
28 Oct 2019Sold by developerReady
AED 3,329,000AED 1,985 per sqft

Source: Dubai Land Department. Updated 24 April 2023.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
4th of 7
Parking
G128
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,600 /yr
Last sold
AED 7.15M · April 2023

About 403, Bluewaters Residences 2

403 is a two-bedroom apartment of 1,677 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 24 April 2023 for AED 7,150,000, or AED 4,264 per sqft, 4% below the AED 4,430 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 November 2022. The current contract, signed on 30 November 2022, is AED 500,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 48,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, October 2019: AED 3,329,000 (AED 1,985 per sqft)Sold, April 2023: AED 7,150,000 (AED 4,264 per sqft)

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

Rents
Unit 403, 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, November 2022: AED 500,000 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 403 sits

All 38 2-beds →

403 last sold in April 2023 at AED 4,264 per sqft, 4% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 4,430). 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. 403's AED 500,000 is at the top 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
4022-bedAED 7.1M · Jan 2025
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

403, Bluewaters Residences 2 in numbers

  • Sold twice: first on 28 October 2019 for AED 3,329,000, last on 24 April 2023 for AED 7,150,000 (AED 4,264 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 500,000 a year.
  • At AED 500,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 48,600 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 24 April 2023.

Questions about 403, Bluewaters Residences 2

What did unit 403 last sell for?

AED 7,150,000 on 24 April 2023: AED 4,264 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 3,329,000 in October 2019.

What is the rent for unit 403?

AED 500,000 a year on the contract signed on 30 November 2022.

How big is unit 403?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 403 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 403, Bluewaters Residences 2

Starts from the last sale price (AED 7.15M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,150,000
Deposit, UAE resident (20%)
AED 1,430,000
Deposit, non-resident (40%)
AED 2,860,000
Monthly over 25 years at 3.7%
AED 29,253

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