2-bed · 1,641 sqftBluewaters Residences 3, Bluewaters Island · 4th floor · completed 2019

406, Bluewaters Residences 3

Sold prices and rental history: sold 3 times, last in May 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 8.2M26 May 2025
Current rentAED 187K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Residences 3

What is 406 worth today?

Last sold for AED 8,200,000 in 2025

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26 May 2025SoldReady
AED 8,200,000AED 4,996 per sqft
1 Aug 2021RentedNew contract
AED 186,667/yr36 months · AED 114 per sqft
24 Nov 2020SoldReady
AED 3,000,000AED 1,827 per sqft
9 Aug 2020RentedNew contract
AED 200,000/yr12 months · AED 122 per sqft
1 May 2019RentedNew contract
AED 205,000/yr12 months · AED 125 per sqft
11 Jul 2018Sold by developerOff-plan
AED 3,502,000AED 2,133 per sqft

Source: Dubai Land Department. Updated 26 May 2025.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
4th of 8
Parking
B431
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 8.2M · May 2025

About 406, Bluewaters Residences 3

406 is a two-bedroom apartment of 1,641 sqft on the 4th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 26 May 2025 for AED 8,200,000, or AED 4,996 per sqft, 12% below the AED 5,668 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 1 August 2021, is AED 186,667 a year: a gross yield of 2.3% on the 2025 price, before the service charge of about AED 47,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Bluewaters Residences 3
5M10M2017202020232026Typical sale price by year: 2017 AED 3,626,000; 2018 AED 3,390,000; 2019 AED 3,467,000; 2020 AED 3,511,000; 2021 AED 3,940,500; 2022 AED 5,600,000; 2023 AED 7,500,000; 2025 AED 9,650,000Sold by developer, July 2018: AED 3,502,000 (AED 2,133 per sqft)Sold, November 2020: AED 3,000,000 (AED 1,827 per sqft)Sold, May 2025: AED 8,200,000 (AED 4,996 per sqft)

406 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 406, each contractTypical two-bed in Bluewaters Residences 3
200K400K20192021202320252027Typical rent by year: 2019 AED 175,000; 2020 AED 186,625; 2021 AED 169,125; 2022 AED 300,000; 2023 AED 385,000; 2024 AED 462,500; 2025 AED 325,000; 2026 AED 375,000New contract, May 2019: AED 205,000 a yearNew contract, August 2020: AED 200,000 a yearNew contract, August 2021: AED 186,667 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 3, and where 406 sits

All 31 2-beds →

406 last sold in May 2025 at AED 4,996 per sqft, 12% below what two-beds in Bluewaters Residences 3 were fetching at the time (AED 5,668). Over the last 12 months two-beds sold for AED 3,467,000 to 11,150,000, around AED 4,551 per sqft, and rent for AED 321,000 to 550,000 a year. 406's AED 186,667 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 202511,150,000
11 Dec 20253,467,000
22 Oct 20259,650,000
23 Sep 202510,000,000
2 2-bed sales in the last 12 months

Bluewaters Residences 3

Building

91 apartments, 1-bed to 4-bed over 8 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 15 sold in the last 12 months.

Typical price per sqft
AED 5,346 Down 8.8%
Typical sale
AED 6.25M
Typical rent
AED 368K /yr
Typical yield
4.8%
Bluewaters Residences 3, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 91 units in Bluewaters Residences 3
Value
4013-bedAED 4.82M · Nov 2019
4021-bedAED 2.59M · Sep 2017
4031-bedAED 4M · Feb 2023
4041-bedAED 5.23M · Jun 2026
4051-bedAED 2.37M · Jul 2018
4074-bedAED 5.56M · Apr 2018
4083-bedAED 4.5M · Nov 2017
1–7 of 10

406, Bluewaters Residences 3 in numbers

  • Sold 3 times: first on 11 July 2018 for AED 3,502,000, last on 26 May 2025 for AED 8,200,000 (AED 4,996 per sqft).
  • Rented since May 2019 on 3 Ejari contracts, from AED 205,000 to AED 186,667 a year.
  • At AED 186,667 a year the gross yield on the 2025 price is 2.3%, before a service charge of about AED 47,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 3 sold for AED 3,467,000–11,150,000 in the 12 months to November 2026; the building's median across all types is AED 5,346 per sqft.

Source: Dubai Land Department. Updated 26 May 2025.

Questions about 406, Bluewaters Residences 3

What did unit 406 last sell for?

AED 8,200,000 on 26 May 2025: AED 4,996 per sqft for 1,641 sqft. The unit has 3 registered sales; the first was AED 3,502,000 in July 2018.

What is the rent for unit 406?

AED 186,667 a year on the contract signed on 1 August 2021. The previous contract, from August 2020, was AED 200,000; the unit has been rented since May 2019.

How big is unit 406?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2019.

What is unit 406 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 3 sold for AED 3,467,000 to 11,150,000 in the last 12 months, around AED 4,551 per sqft.

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Mortgage on 406, Bluewaters Residences 3

Starts from the last sale price (AED 8.2M, 26 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 8,200,000
Deposit, UAE resident (20%)
AED 1,640,000
Deposit, non-resident (40%)
AED 3,280,000
Monthly over 25 years at 3.7%
AED 33,549

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