401, Bluewaters Residences 1
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Bluewaters Residences 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 13 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,768 sqft
- Floor
- 4th of 6
- Parking
- B376
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 51,200 /yr
- Last sold
- AED 8M · November 2022
- Building
- Bluewaters Residences 1
About 401, Bluewaters Residences 1
401 is a two-bedroom apartment of 1,768 sqft on the 4th floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 28 November 2022 for AED 8,000,000, or AED 4,526 per sqft, 17% above the AED 3,869 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 13 February 2026, is AED 500,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 51,200 a year.
Sales and rents for 401 over time
401 has sold twice; 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 1, and where 401 sits
All 14 2-beds →401 last sold in November 2022 at AED 4,526 per sqft, 17% above what two-beds in Bluewaters Residences 1 were fetching at the time (AED 3,869).
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 May 202522 May 2025 | 1,478 sqft | 6,050,000 | 4,093 | ||
| 15 Nov 202415 November 2024 | 1,711 sqft | 6,800,000 | 3,973 | ||
| 22 Jul 202422 July 2024 | 1,711 sqft | 3,600,000 | 2,103 | ||
| 20 Jun 202420 June 2024 | 1,711 sqft | 8,900,000 | 5,200 |
Bluewaters Residences 1
Building41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 463K /yr
- Typical yield
Other units on the 4th floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,478 sqft | AED 2.9MAED 2,900,350 · Apr 2021April 2021 | ||
| 403 | 2-bed | 1,711 sqft | AED 7.9MAED 7,900,000 · Sep 2023September 2023 | 400,000 /yr | |
| 404 | 4-bed | 2,563 sqft | AED 19.4MAED 19,400,000 · May 2023May 2023 | ||
| 405 | 3-bed | 2,175 sqft | AED 15MAED 15,000,000 · May 2023May 2023 | 280,000 /yr | |
| 406 | 4-bed | 2,473 sqft | AED 5.59MAED 5,590,000 · Sep 2018September 2018 |
401, Bluewaters Residences 1 in numbers
- Sold twice: first on 19 November 2019 for AED 3,987,000, last on 28 November 2022 for AED 8,000,000 (AED 4,526 per sqft).
- Rented since June 2021 on 5 Ejari contracts, from AED 245,000 to AED 500,000 a year.
- At AED 500,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 51,200 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 13 February 2026.
Questions about 401, Bluewaters Residences 1
What did unit 401 last sell for?
AED 8,000,000 on 28 November 2022: AED 4,526 per sqft for 1,768 sqft. The unit has 2 registered sales; the first was AED 3,987,000 in November 2019.
What is the rent for unit 401?
AED 500,000 a year on the contract signed on 13 February 2026. The previous contract, from April 2025, was AED 500,000; the unit has been rented since June 2021.
How big is unit 401?
1,768 sqft (164.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.
What is unit 401 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 401, Bluewaters Residences 1
Starts from the last sale price (AED 8M, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 8,000,000
- Deposit, UAE resident (20%)
- AED 1,600,000
- Deposit, non-resident (40%)
- AED 3,200,000
- Monthly over 25 years at 3.7%
- AED 32,730
Plus AED 341,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →