2-bed · 1,503 sqftBluewaters Residences 8, Bluewaters Island · 4th floor · completed 2019

405, Bluewaters Residences 8

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 3.05M11 November 2019
Current rentAED 350K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Bluewaters Residences 8

What is 405 worth today?

Last sold for AED 3,050,000 in 2019

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1 Sep 2026RentedRenewal
AED 350,000/yr12 months · AED 234 per sqft
1 Sep 2025RentedRenewal
AED 350,000/yr12 months · AED 234 per sqft
1 Sep 2024RentedRenewal
AED 310,500/yr12 months · AED 208 per sqft
1 Sep 2023RentedRenewal
AED 270,000/yr12 months · AED 180 per sqft
1 Sep 2022RentedRenewal
AED 225,000/yr12 months · AED 149 per sqft
1 Sep 2021RentedRenewal
AED 175,000/yr12 months · AED 116 per sqft
1 Sep 2020RentedNew contract
AED 150,000/yr12 months · AED 100 per sqft
11 Nov 2019Sold by developerReady
AED 3,050,000AED 2,029 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
2-bed apartment
Size
1,503 sqft
Floor
4th of 16
Parking
G405
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 43,600 /yr
Last sold
AED 3.05M · November 2019

About 405, Bluewaters Residences 8

405 is a two-bedroom apartment of 1,503 sqft on the 4th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. The developer sold it on 11 November 2019 for AED 3,050,000, or AED 2,029 per sqft, 3% below the AED 2,094 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 350,000 a year: a gross yield of 11.5% on the 2019 price, before the service charge of about AED 43,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Bluewaters Residences 8
5M10M2017202020232026Typical sale price by year: 2017 AED 4,100,500; 2018 AED 3,672,000; 2019 AED 3,479,000; 2020 AED 3,353,055; 2021 AED 3,650,000; 2022 AED 5,400,000; 2023 AED 7,100,000; 2024 AED 7,650,000; 2025 AED 8,000,000; 2026 AED 9,100,000Sold by developer, November 2019: AED 3,050,000 (AED 2,029 per sqft)

405 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, each contractTypical two-bed in Bluewaters Residences 8
200K400K201920222025Typical rent by year: 2019 AED 170,000; 2020 AED 162,500; 2021 AED 176,000; 2022 AED 340,000; 2023 AED 380,000; 2024 AED 400,000; 2025 AED 420,000; 2026 AED 458,100New contract, September 2020: AED 150,000 a yearRenewal, September 2021: AED 175,000 a yearRenewal, September 2022: AED 225,000 a yearRenewal, September 2023: AED 270,000 a yearRenewal, September 2024: AED 310,500 a yearRenewal, September 2025: AED 350,000 a yearRenewal, September 2026: AED 350,000 a year

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 8, and where 405 sits

All 55 2-beds →

405 last sold in November 2019 at AED 2,029 per sqft, 3% below what two-beds in Bluewaters Residences 8 were fetching at the time (AED 2,094). Over the last 12 months two-beds sold for AED 7,150,000 to 11,300,000, around AED 5,312 per sqft, and rent for AED 130,000 to 520,000 a year. 405's AED 350,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Oct 20269,100,000
26 Jan 20267,150,000
8 Jan 202611,300,000
25 Nov 202510,000,000
4 2-bed sales in the last 12 months

Bluewaters Residences 8

Building

85 apartments, 1-bed to 5-bed over 16 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 9 sold in the last 12 months.

Typical price per sqft
AED 6,000
Typical sale
AED 11.3M
Typical rent
AED 450K /yr
Typical yield
4.5%
Bluewaters Residences 8, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 85 units in Bluewaters Residences 8
Value
4013-bedAED 6.6M · Jun 2022
4022-bedAED 4.01M · Aug 2018
4033-bedAED 5.15M · Jul 2019
4042-bedAED 7.15M · Feb 2024
4062-bedAED 8.95M · Mar 2024

405, Bluewaters Residences 8 in numbers

  • Sold once: by Blue Waters Residential on 11 November 2019 for AED 3,050,000, or AED 2,029 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 150,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2019 price is 11.5%, before a service charge of about AED 43,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 8 sold for AED 7,150,000–11,300,000 in the 12 months to November 2026; the building's median across all types is AED 6,000 per sqft.

Source: Dubai Land Department. Updated 1 September 2026.

Questions about 405, Bluewaters Residences 8

What did unit 405 last sell for?

AED 3,050,000 on 11 November 2019, sold by the developer: AED 2,029 per sqft for 1,503 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 350,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 350,000; the unit has been rented since September 2020.

How big is unit 405?

1,503 sqft (139.6 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2019.

What is unit 405 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 8 sold for AED 7,150,000 to 11,300,000 in the last 12 months, around AED 5,312 per sqft.

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Mortgage on 405, Bluewaters Residences 8

Starts from the last sale price (AED 3.05M, 11 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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