409, Bluewaters Residences 2
Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Bluewaters Residences 2
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,987 sqft
- Floor
- 4th of 7
- Parking
- B389, B390
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 57,600 /yr
- Last sold
- AED 4.6M · May 2019
- Building
- Bluewaters Residences 2
About 409, Bluewaters Residences 2
409 is a three-bedroom apartment of 1,987 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 27 May 2019 for AED 4,600,000, or AED 2,314 per sqft.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 630,000 a year: a gross yield of 13.7% on the 2019 price, before the service charge of about AED 57,600 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Bluewaters Residences 2, and where 409 sits
All 25 3-beds →Over the last 12 months three-beds sold for AED 11,250,000 to 12,600,000, around AED 5,957 per sqft, and rent for AED 550,000 to 700,000 a year. 409's AED 630,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 1,989 sqft | 12,000,000 | 6,034 | ||
| 10 Feb 202610 February 2026 | 1,987 sqft | 11,500,000 | 5,787 | ||
| 26 Dec 202526 December 2025 | 2,115 sqft | 12,600,000 | 5,957 | ||
| 18 Dec 202518 December 2025 | 1,876 sqft | 11,900,000 | 6,343 |
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 | |
| 404 | 2-bed | 1,536 sqft | AED 3.16MAED 3,156,000 · Oct 2019October 2019 | 340,000 /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 | ||
| 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 |
409, Bluewaters Residences 2 in numbers
- Sold once: by Blue Waters Residential on 27 May 2019 for AED 4,600,000, or AED 2,314 per sqft.
- Rented since May 2019 on 7 Ejari contracts, from AED 262,500 to AED 630,000 a year.
- At AED 630,000 a year the gross yield on the 2019 price is 13.7%, before a service charge of about AED 57,600 a year (AED 28.99 per sqft).
- Three-beds in Bluewaters Residences 2 sold for AED 11,250,000–12,600,000 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 15 February 2025.
Questions about 409, Bluewaters Residences 2
What did unit 409 last sell for?
AED 4,600,000 on 27 May 2019, sold by the developer: AED 2,314 per sqft for 1,987 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 630,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2025, was AED 630,000; the unit has been rented since May 2019.
How big is unit 409?
1,987 sqft (184.6 sqm): a three-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.
What is unit 409 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 2 sold for AED 11,250,000 to 12,600,000 in the last 12 months, around AED 5,957 per sqft.
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Mortgage on 409, Bluewaters Residences 2
Starts from the last sale price (AED 4.6M, 27 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 4,600,000
- Deposit, UAE resident (20%)
- AED 920,000
- Deposit, non-resident (40%)
- AED 1,840,000
- Monthly over 25 years at 3.7%
- AED 18,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →