402, Bluewaters Residences 7
Sold prices and rental history: sold once, by the developer in October 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Bluewaters Residences 7
What is 402 worth today?
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Source: Dubai Land Department. Updated 11 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,607 sqft
- Floor
- 4th of 15
- Parking
- B627
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 46,600 /yr
- Last sold
- AED 3.66M · October 2019
- Building
- Bluewaters Residences 7
About 402, Bluewaters Residences 7
402 is a two-bedroom apartment of 1,607 sqft on the 4th floor of Bluewaters Residences 7, a 15-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 23 October 2019 for AED 3,663,000, or AED 2,279 per sqft, in line with the AED 2,274 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 11 September 2025, is AED 390,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 46,600 a year.
Sales and rents for 402 over time
402 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 7, and where 402 sits
All 26 2-beds →402 last sold in October 2019 at AED 2,279 per sqft, in line with what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,274). Over the last 12 months two-beds sold for AED 7,000,000 to 11,500,000, around AED 5,562 per sqft, and rent for AED 240,000 to 510,000 a year. 402's AED 390,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20261 September 2026 | 1,587 sqft | 11,500,000 | 7,247 | ||
| 12 Mar 202612 March 2026 | 1,500 sqft | 7,000,000 | 4,665 | ||
| 17 Feb 202617 February 2026 | 1,670 sqft | 8,900,000 | 5,329 | ||
| 14 Nov 202514 November 2025 | 1,608 sqft | 9,320,000 | 5,794 |
Bluewaters Residences 7
Building77 apartments, 1-bed to 5-bed over 15 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 11 sold in the last 12 months.
- Typical price per sqft
- AED 4,982 Down 6.0%
- Typical sale
- AED 9.32M
- Typical rent
- AED 366K /yr
- Typical yield
- 5.3%
Other units on the 4th floor
All 77 units in Bluewaters Residences 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,112 sqft | AED 4.6MAED 4,595,000 · Nov 2019November 2019 | 600,000 /yr | |
| 403 | 3-bed | 2,109 sqft | AED 8.51MAED 8,510,000 · Jan 2025January 2025 | 560,000 /yr | |
| 404 | 3-bed | 2,045 sqft | AED 10.3MAED 10,300,000 · Jun 2025June 2025 | ||
| 405 | 1-bed | 1,154 sqft | AED 3.23MAED 3,226,580 · Jun 2022June 2022 | 140,000 /yr | |
| 406 | 2-bed | 1,670 sqft | AED 3.52MAED 3,520,000 · Jul 2019July 2019 | 310,000 /yr |
402, Bluewaters Residences 7 in numbers
- Sold once: by Blue Waters Residential on 23 October 2019 for AED 3,663,000, or AED 2,279 per sqft.
- Rented since January 2020 on 5 Ejari contracts, from AED 165,000 to AED 390,000 a year.
- At AED 390,000 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 46,600 a year (AED 28.99 per sqft).
- Two-beds in Bluewaters Residences 7 sold for AED 7,000,000–11,500,000 in the 12 months to November 2026; the building's median across all types is AED 4,982 per sqft.
Source: Dubai Land Department. Updated 11 September 2025.
Questions about 402, Bluewaters Residences 7
What did unit 402 last sell for?
AED 3,663,000 on 23 October 2019, sold by the developer: AED 2,279 per sqft for 1,607 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 390,000 a year on the contract signed on 11 September 2025. The previous contract, from March 2024, was AED 450,000; the unit has been rented since January 2020.
How big is unit 402?
1,607 sqft (149.3 sqm): a two-bedroom apartment on the 4th floor of a 15-storey tower completed in 2019.
What is unit 402 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 7 sold for AED 7,000,000 to 11,500,000 in the last 12 months, around AED 5,562 per sqft.
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Mortgage on 402, Bluewaters Residences 7
Starts from the last sale price (AED 3.66M, 23 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,663,000
- Deposit, UAE resident (20%)
- AED 732,600
- Deposit, non-resident (40%)
- AED 1,465,200
- Monthly over 25 years at 3.7%
- AED 14,986
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →