406, Bluewaters Residences 5
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Bluewaters Residences 5
What is 406 worth today?
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Source: Dubai Land Department. Updated 19 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,641 sqft
- Floor
- 4th of 6
- Parking
- B756
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 47,600 /yr
- Last sold
- AED 3.68M · November 2019
- Building
- Bluewaters Residences 5
About 406, Bluewaters Residences 5
406 is a two-bedroom apartment of 1,641 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 6 November 2019 for AED 3,677,000, or AED 2,240 per sqft, in line with the AED 2,192 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 19 September 2025. The current contract, signed on 19 September 2025, is AED 390,000 a year: a gross yield of 10.6% on the 2019 price, before the service charge of about AED 47,600 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the two-bed median of each year in the building.
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 5, and where 406 sits
All 25 2-beds →406 last sold in November 2019 at AED 2,240 per sqft, in line with what two-beds in Bluewaters Residences 5 were fetching at the time (AED 2,192). Over the last 12 months two-beds sold for AED 3,875,000 to 10,200,000, around AED 4,584 per sqft, and rent for AED 400,000 to 530,000 a year. 406's AED 390,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202624 June 2026 | 1,448 sqft | 6,518,000 | 4,500 | ||
| 27 Mar 202627 March 2026 | 1,448 sqft | 10,200,000 | 7,042 | ||
| 3 Feb 20263 February 2026 | 1,639 sqft | 7,650,000 | 4,667 | ||
| 6 Dec 20256 December 2025 | 966 sqft | 3,875,000 | 4,010 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,130 sqft | AED 4.19MAED 4,194,000 · Mar 2020March 2020 | 550,000 /yr | |
| 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 | |
| 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 |
406, Bluewaters Residences 5 in numbers
- Sold once: by Blue Waters Residential on 6 November 2019 for AED 3,677,000, or AED 2,240 per sqft.
- Rented since September 2025 on one Ejari contract, at AED 390,000 a year.
- At AED 390,000 a year the gross yield on the 2019 price is 10.6%, before a service charge of about AED 47,600 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 5 sold for AED 3,875,000–10,200,000 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 19 September 2025.
Questions about 406, Bluewaters Residences 5
What did unit 406 last sell for?
AED 3,677,000 on 6 November 2019, sold by the developer: AED 2,240 per sqft for 1,641 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 390,000 a year on the contract signed on 19 September 2025.
How big is unit 406?
1,641 sqft (152.5 sqm): a two-bedroom apartment on the 4th floor of a 6-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 5 sold for AED 3,875,000 to 10,200,000 in the last 12 months, around AED 4,584 per sqft.
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Mortgage on 406, Bluewaters Residences 5
Starts from the last sale price (AED 3.68M, 6 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,677,000
- Deposit, UAE resident (20%)
- AED 735,400
- Deposit, non-resident (40%)
- AED 1,470,800
- Monthly over 25 years at 3.7%
- AED 15,044
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →