1-bed · 1,307 sqftBluewaters Residences 4, Bluewaters Island · 4th floor · completed 2019

402, Bluewaters Residences 4

Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 5.4M19 April 2024
Current rentAED 260K /yr28 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Bluewaters Residences 4

What is 402 worth today?

Last sold for AED 5,400,000 in 2024

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19 Apr 2024SoldReady
AED 5,400,000AED 4,132 per sqft
28 Feb 2023RentedNew contract
AED 260,000/yr12 months · AED 200 per sqft
29 Mar 2022RentedNew contract
AED 200,000/yr12 months · AED 154 per sqft
29 Jul 2019Sold by developerReady
AED 2,764,000AED 2,115 per sqft

Source: Dubai Land Department. Updated 19 April 2024.

Key facts

Type
1-bed apartment
Size
1,307 sqft
Floor
4th of 7
Parking
B208
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 37,900 /yr
Last sold
AED 5.4M · April 2024

About 402, Bluewaters Residences 4

402 is a one-bedroom apartment of 1,307 sqft on the 4th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 19 April 2024 for AED 5,400,000, or AED 4,132 per sqft, in line with the AED 4,210 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 28 February 2023, is AED 260,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 37,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Bluewaters Residences 4
2M4M2019202120232025Typical sale price by year: 2019 AED 2,313,500; 2022 AED 3,180,000; 2023 AED 5,200,000; 2024 AED 3,525,000Sold by developer, July 2019: AED 2,764,000 (AED 2,115 per sqft)Sold, April 2024: AED 5,400,000 (AED 4,132 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Bluewaters Residences 4
100K200K20192021202320252027Typical rent by year: 2019 AED 117,500; 2020 AED 112,500; 2021 AED 120,375; 2022 AED 132,850; 2024 AED 235,000; 2025 AED 222,857; 2026 AED 245,000New contract, March 2022: AED 200,000 a yearNew contract, February 2023: AED 260,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bluewaters Residences 4, and where 402 sits

All 22 1-beds →

402 last sold in April 2024 at AED 4,132 per sqft, in line with what one-beds in Bluewaters Residences 4 were fetching at the time (AED 4,210). Over the last 12 months one-beds sold for AED 4,400,000 to 5,000,000, around AED 3,847 per sqft, and rent for AED 160,000 to 285,000 a year. 402's AED 260,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Mar 20264,400,000
17 Dec 20255,000,000
13 Dec 20245,000,000
8 Nov 20243,200,000
2 1-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 4th floor

All 78 units in Bluewaters Residences 4
Value
4013-bedAED 12.25M · Feb 2026
4031-bedAED 2.35M · Jun 2021
4041-bedAED 4.4M · Mar 2026
4062-bedAED 2.95M · Jul 2020
4074-bedAED 23M · Nov 2025
4083-bedAED 4.6M · Nov 2019
4092-bedAED 10.5M · Feb 2025
1–7 of 9

402, Bluewaters Residences 4 in numbers

  • Sold twice: first on 29 July 2019 for AED 2,764,000, last on 19 April 2024 for AED 5,400,000 (AED 4,132 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 200,000 to AED 260,000 a year.
  • At AED 260,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 37,900 a year (AED 28.99 per sqft).
  • One-beds in Bluewaters Residences 4 sold for AED 4,400,000–5,000,000 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 19 April 2024.

Questions about 402, Bluewaters Residences 4

What did unit 402 last sell for?

AED 5,400,000 on 19 April 2024: AED 4,132 per sqft for 1,307 sqft. The unit has 2 registered sales; the first was AED 2,764,000 in July 2019.

What is the rent for unit 402?

AED 260,000 a year on the contract signed on 28 February 2023. The previous contract, from March 2022, was AED 200,000.

How big is unit 402?

1,307 sqft (121.4 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2019.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bluewaters Residences 4 sold for AED 4,400,000 to 5,000,000 in the last 12 months, around AED 3,847 per sqft.

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Mortgage on 402, Bluewaters Residences 4

Starts from the last sale price (AED 5.4M, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,400,000
Deposit, UAE resident (20%)
AED 1,080,000
Deposit, non-resident (40%)
AED 2,160,000
Monthly over 25 years at 3.7%
AED 22,093

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