4-bed · 2,466 sqftBluewaters Residences 2, Bluewaters Island · 4th floor · completed 2019

407, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 13.2M18 July 2022
Current rentAED 1M /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Bluewaters Residences 2

What is 407 worth today?

Last sold for AED 13,200,000 in 2022

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7 Jul 2025RentedNew contract · flagged as an outlier
AED 1,000,000/yr12 months · AED 406 per sqft
7 Jul 2025RentedNew contract · flagged as an outlier
AED 1,000,000/yr12 months · AED 406 per sqft
10 Dec 2023RentedRenewal · flagged as an outlier
AED 1,280,000/yr12 months · AED 519 per sqft
10 Dec 2022RentedNew contract · flagged as an outlier
AED 1,280,000/yr12 months · AED 519 per sqft
18 Jul 2022SoldReady
AED 13,200,000AED 5,352 per sqft
21 Sep 2021RentedNew contract
AED 350,000/yr12 months · AED 142 per sqft
8 Sep 2020RentedRenewal
AED 332,500/yr12 months · AED 135 per sqft
8 Sep 2019RentedNew contract
AED 350,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
4-bed apartment
Size
2,466 sqft
Floor
4th of 7
Parking
B272, B273
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 71,500 /yr
Last sold
AED 13.2M · July 2022

About 407, Bluewaters Residences 2

407 is a four-bedroom apartment of 2,466 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 18 July 2022 for AED 13,200,000, or AED 5,352 per sqft, 8% above the AED 4,947 four-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 7 July 2025, is AED 1,000,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 71,500 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical four-bed in Bluewaters Residences 2
5M10M201920212023Typical sale price by year: 2019 AED 5,776,000; 2022 AED 12,200,000Sold by developer, August 2019: AED 5,776,000 (AED 2,342 per sqft)Sold, July 2022: AED 13,200,000 (AED 5,352 per sqft)

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

Rents
Unit 407, each contractTypical four-bed in Bluewaters Residences 2
320K340K2019202020212022Typical rent by year: 2019 AED 350,000; 2020 AED 320,000; 2021 AED 350,000New contract, September 2019: AED 350,000 a yearRenewal, September 2020: AED 332,500 a yearNew contract, September 2021: AED 350,000 a year

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

4-beds in Bluewaters Residences 2, and where 407 sits

All 7 4-beds →

407 last sold in July 2022 at AED 5,352 per sqft, 8% above what four-beds in Bluewaters Residences 2 were fetching at the time (AED 4,947).

Recent 4-bed salesUnit no.Price (AED)Summary
26 Oct 20239,000,000
27 Dec 202214,400,000
13 Dec 20225,894,000
6 Jul 202211,000,000
0 4-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
4032-bedAED 7.15M · Apr 2023
4042-bedAED 3.16M · Oct 2019
4052-bedAED 6.7M · Nov 2022
4062-bedAED 7.5M · Apr 2023
4082-bedAED 9.05M · Jun 2025
1–7 of 11

407, Bluewaters Residences 2 in numbers

  • Sold twice: first on 5 August 2019 for AED 5,776,000, last on 18 July 2022 for AED 13,200,000 (AED 5,352 per sqft).
  • Rented since September 2019 on 7 Ejari contracts, from AED 350,000 to AED 1,000,000 a year.
  • At AED 1,000,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 71,500 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 7 July 2025.

Questions about 407, Bluewaters Residences 2

What did unit 407 last sell for?

AED 13,200,000 on 18 July 2022: AED 5,352 per sqft for 2,466 sqft. The unit has 2 registered sales; the first was AED 5,776,000 in August 2019.

What is the rent for unit 407?

AED 1,000,000 a year on the contract signed on 7 July 2025. The previous contract, from July 2025, was AED 1,000,000; the unit has been rented since September 2019.

How big is unit 407?

2,466 sqft (229.1 sqm): a four-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 407, Bluewaters Residences 2

Starts from the last sale price (AED 13.2M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 13,200,000
Deposit, UAE resident (20%)
AED 2,640,000
Deposit, non-resident (40%)
AED 5,280,000
Monthly over 25 years at 3.7%
AED 54,005

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