1-bed · 1,138 sqftBluewaters Residences 5, Bluewaters Island · 4th floor · completed 2019

404, Bluewaters Residences 5

Sold prices and rental history: sold twice, last in July 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 3.5M19 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Bluewaters Residences 5

What is 404 worth today?

Last sold for AED 3,500,000 in 2022

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19 Jul 2022SoldReady
AED 3,500,000AED 3,074 per sqft
15 Aug 2019Sold by developerReady
AED 2,243,900AED 1,971 per sqft

Source: Dubai Land Department. Updated 19 July 2022.

Key facts

Type
1-bed apartment
Size
1,138 sqft
Floor
4th of 6
Parking
G276
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 33,000 /yr
Last sold
AED 3.5M · July 2022

About 404, Bluewaters Residences 5

404 is a one-bedroom apartment of 1,138 sqft on the 4th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 19 July 2022 for AED 3,500,000, or AED 3,074 per sqft, 42% above the AED 2,172 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Bluewaters Residences 5
2M4M2019202120232025Typical sale price by year: 2019 AED 2,408,000; 2021 AED 2,463,500; 2022 AED 3,275,000; 2023 AED 4,950,000; 2024 AED 4,950,000Sold by developer, August 2019: AED 2,243,900 (AED 1,971 per sqft)Sold, July 2022: AED 3,500,000 (AED 3,074 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in Bluewaters Residences 5
100K200K300K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 195,000; 2023 AED 240,000; 2024 AED 315,000; 2025 AED 310,000; 2026 AED 300,000

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 5, and where 404 sits

All 20 1-beds →

404 last sold in July 2022 at AED 3,074 per sqft, 42% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,172).

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20254,800,000
7 Nov 20244,950,000
31 Oct 20245,500,000
12 Jun 20243,980,000
0 1-bed sales in the last 12 months

Bluewaters Residences 5

Building

69 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%
Bluewaters Residences 5, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 69 units in Bluewaters Residences 5
Value
4013-bedAED 4.19M · Mar 2020
4021-bedAED 2.5M · Feb 2021
4031-bedAED 3.2M · Aug 2022
4051-bedAED 4.8M · Jan 2025
4062-bedAED 3.68M · Nov 2019
4074-bedAED 9.8M · Mar 2022
4083-bedAED 15.5M · Jun 2024
1–7 of 10

404, Bluewaters Residences 5 in numbers

  • Sold twice: first on 15 August 2019 for AED 2,243,900, last on 19 July 2022 for AED 3,500,000 (AED 3,074 per sqft).

Source: Dubai Land Department. Updated 19 July 2022.

Questions about 404, Bluewaters Residences 5

What did unit 404 last sell for?

AED 3,500,000 on 19 July 2022: AED 3,074 per sqft for 1,138 sqft. The unit has 2 registered sales; the first was AED 2,243,900 in August 2019.

How big is unit 404?

1,138 sqft (105.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 404, Bluewaters Residences 5

Starts from the last sale price (AED 3.5M, 19 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

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