2-bed · 1,487 sqftBluewaters Residences 2, Bluewaters Island · 4th floor · completed 2019

408, Bluewaters Residences 2

Sold prices and rental history: sold twice, last in June 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 11 June 2025
Last soldAED 9.05M11 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Bluewaters Residences 2

What is 408 worth today?

Last sold for AED 9,050,000 in 2025

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11 Jun 2025SoldReady
AED 9,050,000AED 6,084 per sqft
23 Sep 2019Sold by developerReady
AED 3,541,000AED 2,380 per sqft

Source: Dubai Land Department. Updated 11 June 2025.

Key facts

Type
2-bed apartment
Size
1,487 sqft
Floor
4th of 7
Parking
B252
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,100 /yr
Last sold
AED 9.05M · June 2025

About 408, Bluewaters Residences 2

408 is a two-bedroom apartment of 1,487 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 11 June 2025 for AED 9,050,000, or AED 6,084 per sqft, 24% above the AED 4,889 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Bluewaters Residences 2
5M10M2019202120232025Typical 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, September 2019: AED 3,541,000 (AED 2,380 per sqft)Sold, June 2025: AED 9,050,000 (AED 6,084 per sqft)

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

Rents
Unit 408, 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 350,000

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 408 sits

All 38 2-beds →

408 last sold in June 2025 at AED 6,084 per sqft, 24% above what two-beds in Bluewaters Residences 2 were fetching at the time (AED 4,889). 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.

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
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
1–7 of 11

408, Bluewaters Residences 2 in numbers

  • Sold twice: first on 23 September 2019 for AED 3,541,000, last on 11 June 2025 for AED 9,050,000 (AED 6,084 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 11 June 2025.

Questions about 408, Bluewaters Residences 2

What did unit 408 last sell for?

AED 9,050,000 on 11 June 2025: AED 6,084 per sqft for 1,487 sqft. The unit has 2 registered sales; the first was AED 3,541,000 in September 2019.

How big is unit 408?

1,487 sqft (138.1 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 408 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 408, Bluewaters Residences 2

Starts from the last sale price (AED 9.05M, 11 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 9,050,000
Deposit, UAE resident (20%)
AED 1,810,000
Deposit, non-resident (40%)
AED 3,620,000
Monthly over 25 years at 3.7%
AED 37,026

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