3-bed · 2,043 sqftBluewaters Bay - Building 1, Bluewaters Island · 4th floor · due 2027

406, Bluewaters Bay - Building 1

Sold prices and rental history: sold twice, last in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 7.22M5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Bay - Building 1

What is 406 worth today?

Last sold for AED 7,215,000 in 2024

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5 Aug 2024SoldOff-plan
AED 7,215,000AED 3,530 per sqft
1 May 2023Sold by developerOff-plan
AED 7,215,000AED 3,578 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.

Key facts

Type
3-bed apartment
Size
2,043 sqft
Floor
4th of 50
Parking
2
Developer
DHRE 2 Bts
Completion due
2027
Last sold
AED 7.22M · August 2024

About 406, Bluewaters Bay - Building 1

406 is a three-bedroom apartment of 2,043 sqft on the 4th floor of Bluewaters Bay - Building 1, a 50-storey tower in Bluewaters Island due for completion in 2027 by DHRE 2 Bts. It last sold on 5 August 2024 for AED 7,215,000, or AED 3,530 per sqft, 9% below the AED 3,883 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in Bluewaters Bay - Building 1
7.5M8M202320242025Typical sale price by year: 2023 AED 7,543,000; 2024 AED 8,050,000Sold by developer, May 2023: AED 7,215,000 (AED 3,578 per sqft)Sold, August 2024: AED 7,215,000 (AED 3,530 per sqft)

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

3-beds in Bluewaters Bay - Building 1, and where 406 sits

All 80 3-beds →

406 last sold in August 2024 at AED 3,530 per sqft, 9% below what three-beds in Bluewaters Bay - Building 1 were fetching at the time (AED 3,883). Over the last 12 months three-beds sold for AED 7,800,000, around AED 3,785 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
17 Feb 20267,800,000
30 Jul 202511,000,000
13 Jan 20257,890,000
27 Dec 20247,733,640
1 3-bed sale in the last 12 months

Bluewaters Bay - Building 1

Building

351 apartments, 1-bed to 5-bed over 50 floors in Bluewaters Island, due for completion in 2027 by DHRE 2 Bts. 8 sold in the last 12 months.

Typical price per sqft
AED 3,981
Typical sale
AED 4.61M
Typical rent
Few contracts
Typical yield
Bluewaters Bay - Building 1, Bluewaters Island: prices, sales and rents →
Value
4011-bedAED 3M · Jul 2025
4022-bedAED 4.7M · Feb 2025
4032-bedAED 5.83M · May 2023
4042-bedAED 4.99M · May 2023
4053-bedAED 7.5M · May 2023
4071-bedAED 3.47M · May 2023
4081-bedAED 3M · Mar 2023

406, Bluewaters Bay - Building 1 in numbers

  • Sold twice: first on 1 May 2023 for AED 7,215,000, last on 5 August 2024 for AED 7,215,000 (AED 3,530 per sqft).
  • Three-beds in Bluewaters Bay - Building 1 sold for AED 7,800,000–7,800,000 in the 12 months to November 2026; the building's median across all types is AED 3,981 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2024.

Questions about 406, Bluewaters Bay - Building 1

What did unit 406 last sell for?

AED 7,215,000 on 5 August 2024: AED 3,530 per sqft for 2,043 sqft. The unit has 2 registered sales; the first was AED 7,215,000 in May 2023.

How big is unit 406?

2,043 sqft (189.8 sqm): a three-bedroom apartment on the 4th floor of a 50-storey tower due for completion in 2027.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bluewaters Bay - Building 1 sold for AED 7,800,000 to 7,800,000 in the last 12 months, around AED 3,785 per sqft.

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Mortgage on 406, Bluewaters Bay - Building 1

Starts from the last sale price (AED 7.22M, 5 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 7,215,000
Deposit, UAE resident (20%)
AED 1,443,000
Deposit, non-resident (40%)
AED 2,886,000
Monthly over 25 years at 3.7%
AED 29,519

Plus AED 308,040 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →