408, Bluewaters Residences 5
Sold prices and rental history: sold 4 times, last in June 2024, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Bluewaters Residences 5
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,033 sqft
- Floor
- 4th of 6
- Parking
- B740, B742
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 58,900 /yr
- Last sold
- AED 15.5M · June 2024
- Building
- Bluewaters Residences 5
About 408, Bluewaters Residences 5
408 is a three-bedroom apartment of 2,033 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 21 June 2024 for AED 15,500,000, or AED 7,623 per sqft.
One Ejari contract is registered, from 3 October 2021. The current contract, renewed on 3 October 2021, is AED 220,000 a year: a gross yield of 1.4% on the 2024 price, before the service charge of about AED 58,900 a year.
Sales and rents for 408 over time
408 has sold 4 times; 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 408 sits
All 15 3-beds →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. 408's AED 220,000 is in the lower 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 | ||
| 29 Nov 202229 November 2022 | 2,130 sqft | 8,850,000 | 4,154 | ||
| 1 Nov 20221 November 2022 | 2,130 sqft | 7,180,000 | 3,370 | ||
| 8 Sep 20228 September 2022 | 2,126 sqft | 7,000,000 | 3,292 |
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 | |
| 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 | ||
| 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 |
408, Bluewaters Residences 5 in numbers
- Sold 4 times: first on 27 October 2019 for AED 4,668,000, last on 21 June 2024 for AED 15,500,000 (AED 7,623 per sqft).
- Rented since October 2021 on one Ejari contract, at AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2024 price is 1.4%, before a service charge of about AED 58,900 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 21 June 2024.
Questions about 408, Bluewaters Residences 5
What did unit 408 last sell for?
AED 15,500,000 on 21 June 2024: AED 7,623 per sqft for 2,033 sqft. The unit has 4 registered sales; the first was AED 4,668,000 in October 2019.
What is the rent for unit 408?
AED 220,000 a year on the contract renewed on 3 October 2021.
How big is unit 408?
2,033 sqft (188.9 sqm): a three-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 408 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.
Selling 408? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 408, Bluewaters Residences 5
Starts from the last sale price (AED 15.5M, 21 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 15,500,000
- Deposit, UAE resident (20%)
- AED 3,100,000
- Deposit, non-resident (40%)
- AED 6,200,000
- Monthly over 25 years at 3.7%
- AED 63,415
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →