406, Bluewaters Residences 7
Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Bluewaters Residences 7
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,670 sqft
- Floor
- 4th of 15
- Parking
- B626
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 48,400 /yr
- Last sold
- AED 3.52M · July 2019
- Building
- Bluewaters Residences 7
About 406, Bluewaters Residences 7
406 is a two-bedroom apartment of 1,670 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 31 July 2019 for AED 3,520,000, or AED 2,107 per sqft, 5% below the AED 2,210 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 15 October 2022, is AED 310,000 a year: a gross yield of 8.8% on the 2019 price, before the service charge of about AED 48,400 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 7, and where 406 sits
All 26 2-beds →406 last sold in July 2019 at AED 2,107 per sqft, 5% below what two-beds in Bluewaters Residences 7 were fetching at the time (AED 2,210). 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. 406's AED 310,000 is in the lower 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 | |
| 402 | 2-bed | 1,607 sqft | AED 3.66MAED 3,663,000 · Oct 2019October 2019 | 390,000 /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, Bluewaters Residences 7 in numbers
- Sold once: by Blue Waters Residential on 31 July 2019 for AED 3,520,000, or AED 2,107 per sqft.
- Rented since October 2020 on 3 Ejari contracts, from AED 192,500 to AED 310,000 a year.
- At AED 310,000 a year the gross yield on the 2019 price is 8.8%, before a service charge of about AED 48,400 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 15 October 2022.
Questions about 406, Bluewaters Residences 7
What did unit 406 last sell for?
AED 3,520,000 on 31 July 2019, sold by the developer: AED 2,107 per sqft for 1,670 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 310,000 a year on the contract renewed on 15 October 2022. The previous contract, from October 2021, was AED 270,000; the unit has been rented since October 2020.
How big is unit 406?
1,670 sqft (155.1 sqm): a two-bedroom apartment on the 4th floor of a 15-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 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 406, Bluewaters Residences 7
Starts from the last sale price (AED 3.52M, 31 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,520,000
- Deposit, UAE resident (20%)
- AED 704,000
- Deposit, non-resident (40%)
- AED 1,408,000
- Monthly over 25 years at 3.7%
- AED 14,401
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →