404, Bluewaters Residences 2
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 404, Bluewaters Residences 2
What is 404 worth today?
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Source: Dubai Land Department. Updated 10 March 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,536 sqft
- Floor
- 4th of 7
- Parking
- G240
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 44,500 /yr
- Last sold
- AED 3.16M · October 2019
- Building
- Bluewaters Residences 2
About 404, Bluewaters Residences 2
404 is a two-bedroom apartment of 1,536 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 21 October 2019 for AED 3,156,000, or AED 2,055 per sqft, 3% below the AED 2,123 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 10 March 2026, is AED 340,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 44,500 a year.
Sales and rents for 404 over time
404 has sold once; the dashed line is the two-bed median of each year in the building.
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 404 sits
All 38 2-beds →404 last sold in October 2019 at AED 2,055 per sqft, 3% below what two-beds in Bluewaters Residences 2 were fetching at the time (AED 2,123). 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. 404's AED 340,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,536 sqft | 6,600,000 | 4,298 | ||
| 28 Jan 202628 January 2026 | 1,826 sqft | 4,267,093 | 2,336 | ||
| 8 Dec 20258 December 2025 | 1,488 sqft | 9,000,000 | 6,047 | ||
| 24 Sep 202524 September 2025 | 1,760 sqft | 11,000,000 | 6,251 |
Bluewaters Residences 2
Building81 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%
Other units on the 4th floor
All 81 units in Bluewaters Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,115 sqft | AED 4.61MAED 4,605,000 · Jul 2019July 2019 | 598,391 /yr | |
| 402 | 2-bed | 1,512 sqft | AED 7.1MAED 7,100,000 · Jan 2025January 2025 | 125,000 /yr | |
| 403 | 2-bed | 1,677 sqft | AED 7.15MAED 7,150,000 · Apr 2023April 2023 | 500,000 /yr | |
| 405 | 2-bed | 1,511 sqft | AED 6.7MAED 6,700,000 · Nov 2022November 2022 | ||
| 406 | 2-bed | 1,636 sqft | AED 7.5MAED 7,500,000 · Apr 2023April 2023 | ||
| 407 | 4-bed | 2,466 sqft | AED 13.2MAED 13,200,000 · Jul 2022July 2022 | 1,000,000 /yr | |
| 408 | 2-bed | 1,487 sqft | AED 9.05MAED 9,050,000 · Jun 2025June 2025 | ||
| 409 | 3-bed | 1,987 sqft | AED 4.6MAED 4,600,000 · May 2019May 2019 | 630,000 /yr | |
| 410 | 3-bed | 1,990 sqft | AED 9.4MAED 9,400,000 · Jul 2022July 2022 | 550,000 /yr | |
| 411 | 1-bed | 1,146 sqft | AED 2.6MAED 2,600,000 · Sep 2021September 2021 | 555,224 /yr | |
| 412 | 3-bed | 2,061 sqft | AED 10.3MAED 10,300,000 · Aug 2025August 2025 | 690,000 /yr |
404, Bluewaters Residences 2 in numbers
- Sold once: by Blue Waters Residential on 21 October 2019 for AED 3,156,000, or AED 2,055 per sqft.
- Rented since March 2020 on 8 Ejari contracts, from AED 185,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 44,500 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 10 March 2026.
Questions about 404, Bluewaters Residences 2
What did unit 404 last sell for?
AED 3,156,000 on 21 October 2019, sold by the developer: AED 2,055 per sqft for 1,536 sqft. It is the only registered sale of the unit.
What is the rent for unit 404?
AED 340,000 a year on the contract renewed on 10 March 2026. The previous contract, from March 2025, was AED 340,000; the unit has been rented since March 2020.
How big is unit 404?
1,536 sqft (142.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.
What is unit 404 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 404, Bluewaters Residences 2
Starts from the last sale price (AED 3.16M, 21 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,156,000
- Deposit, UAE resident (20%)
- AED 631,200
- Deposit, non-resident (40%)
- AED 1,262,400
- Monthly over 25 years at 3.7%
- AED 12,912
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →