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

406, Bluewaters Residences 4

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

Unit 406 · DLD and Ejari recordsUpdated 28 April 2026
Last soldAED 2.95M9 July 2020
Current rentAED 560K /yr28 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Residences 4

What is 406 worth today?

Last sold for AED 2,950,000 in 2020

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28 Apr 2026RentedRenewal
AED 560,000/yr12 months · AED 342 per sqft
28 Apr 2025RentedNew contract · flagged as an outlier
AED 560,000/yr12 months · AED 342 per sqft
28 Apr 2025RentedNew contract
AED 560,000/yr12 months · AED 342 per sqft
5 Dec 2023RentedRenewal
AED 525,000/yr12 months · AED 321 per sqft
28 Nov 2023RentedRenewal · flagged as an outlier
AED 27,000,000/yrAED 16,502 per sqft
28 Nov 2022RentedNew contract
AED 525,000/yr12 months · AED 321 per sqft
1 Dec 2021RentedRenewal
AED 199,500/yr12 months · AED 122 per sqft
1 Dec 2020RentedNew contract
AED 190,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 28 April 2026.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
4th of 7
Parking
B488
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 2.95M · July 2020

About 406, Bluewaters Residences 4

406 is a two-bedroom apartment of 1,641 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 9 July 2020 for AED 2,950,000, or AED 1,797 per sqft, 11% below the AED 2,018 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 28 April 2026, is AED 560,000 a year: a gross yield of 19.0% on the 2020 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 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, July 2019: AED 3,381,000 (AED 2,060 per sqft)Sold, July 2020: AED 2,950,000 (AED 1,797 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Bluewaters Residences 4
200K400K600K20192021202320252027Typical 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, December 2020: AED 190,000 a yearRenewal, December 2021: AED 199,500 a yearNew contract, November 2022: AED 525,000 a yearRenewal, December 2023: AED 525,000 a yearNew contract, April 2025: AED 560,000 a yearRenewal, April 2026: AED 560,000 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 406 sits

All 28 2-beds →

406 last sold in July 2020 at AED 1,797 per sqft, 11% below what two-beds in Bluewaters Residences 4 were fetching at the time (AED 2,018). 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. 406's AED 560,000 is at the top 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 4th floor

All 78 units in Bluewaters Residences 4
Value
4013-bedAED 12.25M · Feb 2026
4021-bedAED 5.4M · Apr 2024
4031-bedAED 2.35M · Jun 2021
4041-bedAED 4.4M · Mar 2026
4074-bedAED 23M · Nov 2025
4083-bedAED 4.6M · Nov 2019
4092-bedAED 10.5M · Feb 2025
1–7 of 9

406, Bluewaters Residences 4 in numbers

  • Sold twice: first on 8 July 2019 for AED 3,381,000, last on 9 July 2020 for AED 2,950,000 (AED 1,797 per sqft).
  • Rented since December 2020 on 8 Ejari contracts, from AED 190,000 to AED 560,000 a year.
  • At AED 560,000 a year the gross yield on the 2020 price is 19.0%, before a service charge of about AED 47,600 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 28 April 2026.

Questions about 406, Bluewaters Residences 4

What did unit 406 last sell for?

AED 2,950,000 on 9 July 2020: AED 1,797 per sqft for 1,641 sqft. The unit has 2 registered sales; the first was AED 3,381,000 in July 2019.

What is the rent for unit 406?

AED 560,000 a year on the contract renewed on 28 April 2026. The previous contract, from April 2025, was AED 560,000; the unit has been rented since December 2020.

How big is unit 406?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 4th floor of a 7-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 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 406, Bluewaters Residences 4

Starts from the last sale price (AED 2.95M, 9 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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