
406, Bluewaters Residences 8
Sold prices and rental history: sold 5 times, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Bluewaters Residences 8
What is 406 worth today?
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Source: Dubai Land Department. Updated 4 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,667 sqft
- Floor
- 4th of 16
- Parking
- B101
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 48,300 /yr
- Last sold
- AED 8.95M · March 2024
- Building
- Bluewaters Residences 8
About 406, Bluewaters Residences 8
406 is a two-bedroom apartment of 1,667 sqft on the 4th floor of Bluewaters Residences 8, a 16-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 4 March 2024 for AED 8,950,000, or AED 5,369 per sqft, 21% above the AED 4,421 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 13 September 2022, is AED 200,000 a year: a gross yield of 2.2% on the 2024 price, before the service charge of about AED 48,300 a year.
Sales and rents for 406 over time
406 has sold 5 times; 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 8, and where 406 sits
All 55 2-beds →406 last sold in March 2024 at AED 5,369 per sqft, 21% above what two-beds in Bluewaters Residences 8 were fetching at the time (AED 4,421). 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. 406's AED 200,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 2,095 sqft | 9,100,000 | 4,343 | ||
| 26 Jan 202626 January 2026 | 1,503 sqft | 7,150,000 | 4,757 | ||
| 8 Jan 20268 January 2026 | 1,604 sqft | 11,300,000 | 7,044 | ||
| 25 Nov 202525 November 2025 | 1,705 sqft | 10,000,000 | 5,866 |
Bluewaters Residences 8
Building85 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%
Other units on the 4th floor
All 85 units in Bluewaters Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,100 sqft | AED 6.6MAED 6,600,000 · Jun 2022June 2022 | 800,000 /yr | |
| 402 | 2-bed | 1,603 sqft | AED 4.01MAED 4,008,000 · Aug 2018August 2018 | ||
| 403 | 3-bed | 2,097 sqft | AED 5.15MAED 5,153,000 · Jul 2019July 2019 | ||
| 404 | 2-bed | 1,705 sqft | AED 7.15MAED 7,150,000 · Feb 2024February 2024 | 450,000 /yr | |
| 405 | 2-bed | 1,503 sqft | AED 3.05MAED 3,050,000 · Nov 2019November 2019 | 350,000 /yr |
406, Bluewaters Residences 8 in numbers
- Sold 5 times: first on 2 September 2019 for AED 3,466,000, last on 4 March 2024 for AED 8,950,000 (AED 5,369 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 180,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2024 price is 2.2%, before a service charge of about AED 48,300 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 4 March 2024.
Questions about 406, Bluewaters Residences 8
What did unit 406 last sell for?
AED 8,950,000 on 4 March 2024: AED 5,369 per sqft for 1,667 sqft. The unit has 5 registered sales; the first was AED 3,466,000 in September 2019.
What is the rent for unit 406?
AED 200,000 a year on the contract renewed on 13 September 2022. The previous contract, from September 2021, was AED 200,000; the unit has been rented since September 2019.
How big is unit 406?
1,667 sqft (154.9 sqm): a two-bedroom apartment on the 4th floor of a 16-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 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 406, Bluewaters Residences 8
Starts from the last sale price (AED 8.95M, 4 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 8,950,000
- Deposit, UAE resident (20%)
- AED 1,790,000
- Deposit, non-resident (40%)
- AED 3,580,000
- Monthly over 25 years at 3.7%
- AED 36,617
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →