
409, Bluewaters Residences 3
Sold prices and rental history: sold once, by the developer in November 2017, 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 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 31 January 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,594 sqft
- Floor
- 4th of 8
- Parking
- B430
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 46,200 /yr
- Last sold
- AED 3.64M · November 2017
- Building
- Bluewaters Residences 3
About 409, Bluewaters Residences 3
409 is a two-bedroom apartment of 1,594 sqft on the 4th floor of Bluewaters Residences 3, a 8-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 6 November 2017 for AED 3,644,000, or AED 2,286 per sqft, in line with the AED 2,263 two-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 31 January 2026, is AED 515,000 a year: a gross yield of 14.1% on the 2017 price, before the service charge of about AED 46,200 a year.
Sales and rents for 409 over time
409 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 3, and where 409 sits
All 31 2-beds →409 last sold in November 2017 at AED 2,286 per sqft, in line with what two-beds in Bluewaters Residences 3 were fetching at the time (AED 2,263). 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. 409's AED 515,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202519 December 2025 | 1,595 sqft | 11,150,000 | 6,990 | ||
| 11 Dec 202511 December 2025 | 1,641 sqft | 3,467,000 | 2,112 | ||
| 22 Oct 202522 October 2025 | 1,595 sqft | 9,650,000 | 6,050 | ||
| 23 Sep 202523 September 2025 | 1,450 sqft | 10,000,000 | 6,898 |
Bluewaters Residences 3
Building91 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%
Other units on the 4th floor
All 91 units in Bluewaters Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,129 sqft | AED 4.82MAED 4,816,000 · Nov 2019November 2019 | ||
| 402 | 1-bed | 1,307 sqft | AED 2.59MAED 2,594,000 · Sep 2017September 2017 | 270,000 /yr | |
| 403 | 1-bed | 1,119 sqft | AED 4MAED 4,000,000 · Feb 2023February 2023 | 170,500 /yr | |
| 404 | 1-bed | 1,138 sqft | AED 5.23MAED 5,225,000 · Jun 2026June 2026 | ||
| 405 | 1-bed | 1,133 sqft | AED 2.37MAED 2,371,000 · Jul 2018July 2018 | 115,000 /yr | |
| 406 | 2-bed | 1,641 sqft | AED 8.2MAED 8,200,000 · May 2025May 2025 | 186,667 /yr | |
| 407 | 4-bed | 2,459 sqft | AED 5.56MAED 5,562,000 · Apr 2018April 2018 | ||
| 408 | 3-bed | 2,033 sqft | AED 4.5MAED 4,495,000 · Nov 2017November 2017 | ||
| 410 | 2-bed | 1,450 sqft | AED 11MAED 11,000,000 · Mar 2025March 2025 | 550,000 /yr | |
| 411 | 3-bed | 2,023 sqft | AED 4.47MAED 4,472,000 · Oct 2019October 2019 |
409, Bluewaters Residences 3 in numbers
- Sold once: by Blue Waters Residential on 6 November 2017 for AED 3,644,000, or AED 2,286 per sqft.
- Rented since June 2019 on 7 Ejari contracts, from AED 230,000 to AED 515,000 a year.
- At AED 515,000 a year the gross yield on the 2017 price is 14.1%, before a service charge of about AED 46,200 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 31 January 2026.
Questions about 409, Bluewaters Residences 3
What did unit 409 last sell for?
AED 3,644,000 on 6 November 2017, sold by the developer: AED 2,286 per sqft for 1,594 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 515,000 a year on the contract signed on 31 January 2026. The previous contract, from November 2024, was AED 525,000; the unit has been rented since June 2019.
How big is unit 409?
1,594 sqft (148.1 sqm): a two-bedroom apartment on the 4th floor of a 8-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. 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 409, Bluewaters Residences 3
Starts from the last sale price (AED 3.64M, 6 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 3,644,000
- Deposit, UAE resident (20%)
- AED 728,800
- Deposit, non-resident (40%)
- AED 1,457,600
- Monthly over 25 years at 3.7%
- AED 14,909
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →