401, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in March 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Bluewaters Residences 5
What is 401 worth today?
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Source: Dubai Land Department. Updated 12 May 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,130 sqft
- Floor
- 4th of 6
- Parking
- B715, B716
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 61,700 /yr
- Last sold
- AED 4.19M · March 2020
- Building
- Bluewaters Residences 5
About 401, Bluewaters Residences 5
401 is a three-bedroom apartment of 2,130 sqft on the 4th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 3 March 2020 for AED 4,194,000, or AED 1,969 per sqft, 10% below the AED 2,181 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 12 May 2025, is AED 550,000 a year: a gross yield of 13.1% on the 2020 price, before the service charge of about AED 61,700 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Bluewaters Residences 5, and where 401 sits
All 15 3-beds →401 last sold in March 2020 at AED 1,969 per sqft, 10% below what three-beds in Bluewaters Residences 5 were fetching at the time (AED 2,181). Over the last 12 months three-beds sold for AED 10,250,000, around AED 4,812 per sqft, and rent for AED 120,000 to 650,000 a year. 401's AED 550,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Dec 202523 December 2025 | 2,130 sqft | 10,250,000 | 4,812 | ||
| 21 Jun 202421 June 2024 | 2,033 sqft | 15,500,000 | 7,623 | ||
| 30 Nov 202330 November 2023 | 2,033 sqft | 12,200,000 | 6,000 | ||
| 29 Nov 202229 November 2022 | 2,130 sqft | 8,850,000 | 4,154 |
Bluewaters Residences 5
Building69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.
- Typical price per sqft
- AED 4,667
- Typical sale
- AED 7.65M
- Typical rent
- AED 320K /yr
- Typical yield
- 5.5%
Other units on the 4th floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 1,310 sqft | AED 2.5MAED 2,497,000 · Feb 2021February 2021 | ||
| 403 | 1-bed | 1,118 sqft | AED 3.2MAED 3,200,000 · Aug 2022August 2022 | 263,583 /yr | |
| 404 | 1-bed | 1,138 sqft | AED 3.5MAED 3,500,000 · Jul 2022July 2022 | ||
| 405 | 1-bed | 1,133 sqft | AED 4.8MAED 4,800,000 · Jan 2025January 2025 | 360,000 /yr | |
| 406 | 2-bed | 1,641 sqft | AED 3.68MAED 3,677,000 · Nov 2019November 2019 | 390,000 /yr | |
| 407 | 4-bed | 2,459 sqft | AED 9.8MAED 9,800,000 · Mar 2022March 2022 | ||
| 408 | 3-bed | 2,033 sqft | AED 15.5MAED 15,500,000 · Jun 2024June 2024 | 220,000 /yr | |
| 409 | 2-bed | 1,594 sqft | AED 5.5MAED 5,500,000 · Mar 2022March 2022 | ||
| 410 | 2-bed | 1,448 sqft | AED 7.55MAED 7,550,000 · Aug 2025August 2025 | 530,000 /yr | |
| 411 | 3-bed | 2,022 sqft | AED 4.16MAED 4,156,250 · Sep 2019September 2019 | 521,364 /yr |
401, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 3 March 2020 for AED 4,194,000, or AED 1,969 per sqft.
- Rented since September 2021 on 5 Ejari contracts, from AED 300,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2020 price is 13.1%, before a service charge of about AED 61,700 a year (AED 28.99 per sqft).
- Three-beds in Bluewaters Residences 5 sold for AED 10,250,000–10,250,000 in the 12 months to November 2026; the building's median across all types is AED 4,667 per sqft.
Source: Dubai Land Department. Updated 12 May 2025.
Questions about 401, Bluewaters Residences 5
What did unit 401 last sell for?
AED 4,194,000 on 3 March 2020, sold by the developer: AED 1,969 per sqft for 2,130 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 550,000 a year on the contract signed on 12 May 2025. The previous contract, from May 2025, was AED 550,000; the unit has been rented since September 2021.
How big is unit 401?
2,130 sqft (197.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Residences 5 sold for AED 10,250,000 to 10,250,000 in the last 12 months, around AED 4,812 per sqft.
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Mortgage on 401, Bluewaters Residences 5
Starts from the last sale price (AED 4.19M, 3 March 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 4,194,000
- Deposit, UAE resident (20%)
- AED 838,800
- Deposit, non-resident (40%)
- AED 1,677,600
- Monthly over 25 years at 3.7%
- AED 17,159
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →