2-bed · 1,339 sqftBluewaters Residences 4, Bluewaters Island · 2nd floor · completed 2019

209, Bluewaters Residences 4

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 18 January 2024
Last soldAED 7.6M18 January 2024
Current rentAED 420K /yr4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Bluewaters Residences 4

What is 209 worth today?

Last sold for AED 7,600,000 in 2024

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18 Jan 2024SoldReady
AED 7,600,000AED 5,675 per sqft
7 Aug 2023SoldReady
AED 5,800,000AED 4,331 per sqft
4 Jan 2023RentedNew contract
AED 420,000/yr12 months · AED 315 per sqft
12 Aug 2022RentedNew contract
AED 340,000/yr12 months · AED 254 per sqft
30 Nov 2021RentedNew contract
AED 250,000/yr12 months · AED 187 per sqft
20 Nov 2020RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft
20 Jun 2019Sold by developerReady
AED 2,947,000AED 2,200 per sqft

Source: Dubai Land Department. Updated 18 January 2024.

Key facts

Type
2-bed apartment
Size
1,339 sqft
Floor
2nd of 7
Parking
B523
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 38,800 /yr
Last sold
AED 7.6M · January 2024

About 209, Bluewaters Residences 4

209 is a two-bedroom apartment of 1,339 sqft on the 2nd floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 18 January 2024 for AED 7,600,000, or AED 5,675 per sqft, 23% above the AED 4,621 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 4 January 2023, is AED 420,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 38,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,342,000; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,300,000Sold by developer, June 2019: AED 2,947,000 (AED 2,200 per sqft)Sold, August 2023: AED 5,800,000 (AED 4,331 per sqft)Sold, January 2024: AED 7,600,000 (AED 5,675 per sqft)

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

Rents
Unit 209, each contractTypical two-bed in Bluewaters Residences 4
200K400K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 200,000; 2022 AED 299,196; 2023 AED 500,000; 2024 AED 440,000; 2025 AED 391,625; 2026 AED 325,839New contract, November 2020: AED 165,000 a yearNew contract, November 2021: AED 250,000 a yearNew contract, August 2022: AED 340,000 a yearNew contract, January 2023: AED 420,000 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 4, and where 209 sits

All 28 2-beds →

209 last sold in January 2024 at AED 5,675 per sqft, 23% above what two-beds in Bluewaters Residences 4 were fetching at the time (AED 4,621). Over the last 12 months two-beds sold for AED 9,800,000 to 10,100,000, around AED 6,159 per sqft, and rent for AED 85,000 to 560,000 a year. 209's AED 420,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Mar 20269,800,000
24 Feb 202610,100,000
20 Oct 202510,100,000
7 Apr 202510,000,000
2 2-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.

Typical price per sqft
AED 5,754 Up 4.5%
Typical sale
AED 12M
Typical rent
AED 323K /yr
Typical yield
4.0%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 2nd floor

All 78 units in Bluewaters Residences 4
Value
2013-bedAED 5.15M · May 2021
2021-bedAED 3.2M · Nov 2024
2032-bedAED 6.65M · Nov 2023
2042-bedAED 2.78M · Jul 2019
2052-bedAED 9.8M · Mar 2026
2064-bedAED 5.49M · Nov 2019
2073-bedAED 4.53M · May 2019
1–7 of 9

209, Bluewaters Residences 4 in numbers

  • Sold 3 times: first on 20 June 2019 for AED 2,947,000, last on 18 January 2024 for AED 7,600,000 (AED 5,675 per sqft).
  • Rented since November 2020 on 4 Ejari contracts, from AED 165,000 to AED 420,000 a year.
  • At AED 420,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 38,800 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 4 sold for AED 9,800,000–10,100,000 in the 12 months to November 2026; the building's median across all types is AED 5,754 per sqft.

Source: Dubai Land Department. Updated 18 January 2024.

Questions about 209, Bluewaters Residences 4

What did unit 209 last sell for?

AED 7,600,000 on 18 January 2024: AED 5,675 per sqft for 1,339 sqft. The unit has 3 registered sales; the first was AED 2,947,000 in June 2019.

What is the rent for unit 209?

AED 420,000 a year on the contract signed on 4 January 2023. The previous contract, from August 2022, was AED 340,000; the unit has been rented since November 2020.

How big is unit 209?

1,339 sqft (124.4 sqm): a two-bedroom apartment on the 2nd floor of a 7-storey tower completed in 2019.

What is unit 209 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 4 sold for AED 9,800,000 to 10,100,000 in the last 12 months, around AED 6,159 per sqft.

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Mortgage on 209, Bluewaters Residences 4

Starts from the last sale price (AED 7.6M, 18 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,600,000
Deposit, UAE resident (20%)
AED 1,520,000
Deposit, non-resident (40%)
AED 3,040,000
Monthly over 25 years at 3.7%
AED 31,094

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