2-bed · 1,662 sqftBluewaters Residences 9, Bluewaters Island · 4th floor · completed 2019

406, Bluewaters Residences 9

Sold prices and rental history: sold twice, last in November 2021, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 8 March 2025
Last soldAED 4.1M28 November 2021
Current rentAED 50K /yr8 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Residences 9

What is 406 worth today?

Last sold for AED 4,100,000 in 2021

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8 Mar 2025RentedRenewal
AED 50,000/yr24 months · AED 30 per sqft
8 Mar 2025RentedRenewal
AED 50,000/yr24 months · AED 30 per sqft
8 Mar 2024RentedNew contract
AED 50,000/yr12 months · AED 30 per sqft
28 Nov 2021SoldReady
AED 4,100,000AED 2,466 per sqft
14 Oct 2019Sold by developerReady
AED 3,387,000AED 2,037 per sqft

Source: Dubai Land Department. Updated 8 March 2025.

Key facts

Type
2-bed apartment
Size
1,662 sqft
Floor
4th of 14
Parking
B052
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 48,200 /yr
Last sold
AED 4.1M · November 2021

About 406, Bluewaters Residences 9

406 is a two-bedroom apartment of 1,662 sqft on the 4th floor of Bluewaters Residences 9, a 14-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 November 2021 for AED 4,100,000, or AED 2,466 per sqft, in line with the AED 2,466 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 8 March 2025, is AED 50,000 a year: a gross yield of 1.2% on the 2021 price, before the service charge of about AED 48,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Bluewaters Residences 9
5M10M2019202120232025Typical sale price by year: 2019 AED 4,022,500; 2020 AED 4,167,000; 2022 AED 6,000,000; 2023 AED 7,400,000; 2025 AED 9,400,000Sold by developer, October 2019: AED 3,387,000 (AED 2,037 per sqft)Sold, November 2021: AED 4,100,000 (AED 2,466 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Bluewaters Residences 9
0200K400K2020202220242026Typical rent by year: 2020 AED 192,500; 2021 AED 185,000; 2023 AED 450,000; 2024 AED 474,531; 2025 AED 453,659; 2026 AED 400,000New contract, March 2024: AED 50,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, March 2025: AED 50,000 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 9, and where 406 sits

All 25 2-beds →

406 last sold in November 2021 at AED 2,466 per sqft, in line with what two-beds in Bluewaters Residences 9 were fetching at the time (AED 2,466). 406's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Oct 202511,050,000
1 Aug 202510,600,000
19 Mar 20259,400,000
17 Mar 20257,600,000
0 2-bed sales in the last 12 months

Bluewaters Residences 9

Building

73 apartments, 1-bed to 5-bed over 14 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 7 sold in the last 12 months.

Typical price per sqft
AED 5,967
Typical sale
AED 12.5M
Typical rent
AED 395K /yr
Typical yield
4.1%
Bluewaters Residences 9, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 73 units in Bluewaters Residences 9
Value
4013-bedAED 5M · Feb 2022
4022-bedAED 8.8M · Mar 2025
4033-bedAED 12.5M · Nov 2025
4043-bedAED 5.5M · Mar 2022
4051-bedAED 2.85M · Dec 2021

406, Bluewaters Residences 9 in numbers

  • Sold twice: first on 14 October 2019 for AED 3,387,000, last on 28 November 2021 for AED 4,100,000 (AED 2,466 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2021 price is 1.2%, before a service charge of about AED 48,200 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 8 March 2025.

Questions about 406, Bluewaters Residences 9

What did unit 406 last sell for?

AED 4,100,000 on 28 November 2021: AED 2,466 per sqft for 1,662 sqft. The unit has 2 registered sales; the first was AED 3,387,000 in October 2019.

What is the rent for unit 406?

AED 50,000 a year on the contract renewed on 8 March 2025. The previous contract, from March 2025, was AED 50,000; the unit has been rented since March 2024.

How big is unit 406?

1,662 sqft (154.4 sqm): a two-bedroom apartment on the 4th floor of a 14-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.

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Mortgage on 406, Bluewaters Residences 9

Starts from the last sale price (AED 4.1M, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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