2-bed · 1,711 sqftBluewaters Residences 1, Bluewaters Island · 4th floor · completed 2019

403, Bluewaters Residences 1

Sold prices and rental history: sold 3 times, last in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 7.9M26 September 2023
Current rentAED 400K /yr19 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Bluewaters Residences 1

What is 403 worth today?

Last sold for AED 7,900,000 in 2023

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19 Aug 2025RentedRenewal
AED 400,000/yr12 months · AED 234 per sqft
19 Aug 2024RentedNew contract
AED 400,000/yr12 months · AED 234 per sqft
26 Sep 2023SoldReady
AED 7,900,000AED 4,616 per sqft
5 Jan 2023SoldReady
AED 5,800,000AED 3,389 per sqft
26 Feb 2022RentedRenewal
AED 240,000/yr12 months · AED 140 per sqft
17 Feb 2019Sold by developerOff-plan
AED 3,575,000AED 2,089 per sqft

Source: Dubai Land Department. Updated 19 August 2025.

Key facts

Type
2-bed apartment
Size
1,711 sqft
Floor
4th of 6
Parking
G154
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 49,600 /yr
Last sold
AED 7.9M · September 2023

About 403, Bluewaters Residences 1

403 is a two-bedroom apartment of 1,711 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 26 September 2023 for AED 7,900,000, or AED 4,616 per sqft, in line with the AED 4,526 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 19 August 2025, is AED 400,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 49,600 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Bluewaters Residences 1
2.5M5M7.5M2019202120232025Typical sale price by year: 2019 AED 3,575,000; 2021 AED 3,057,500; 2022 AED 5,800,000; 2023 AED 7,900,000; 2024 AED 7,232,500Sold by developer, February 2019: AED 3,575,000 (AED 2,089 per sqft)Sold, January 2023: AED 5,800,000 (AED 3,389 per sqft)Sold, September 2023: AED 7,900,000 (AED 4,616 per sqft)

403 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Bluewaters Residences 1
300K400K202120232025Typical rent by year: 2021 AED 245,000; 2022 AED 245,000; 2025 AED 380,000Renewal, February 2022: AED 240,000 a yearNew contract, August 2024: AED 400,000 a yearRenewal, August 2025: AED 400,000 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 1, and where 403 sits

All 14 2-beds →

403 last sold in September 2023 at AED 4,616 per sqft, in line with what two-beds in Bluewaters Residences 1 were fetching at the time (AED 4,526).

Recent 2-bed salesUnit no.Price (AED)Summary
22 May 20256,050,000
15 Nov 20246,800,000
22 Jul 20243,600,000
20 Jun 20248,900,000
0 2-bed sales in the last 12 months

Bluewaters Residences 1

Building

41 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
Bluewaters Residences 1, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 41 units in Bluewaters Residences 1
Value
4012-bedAED 8M · Nov 2022
4022-bedAED 2.9M · Apr 2021
4044-bedAED 19.4M · May 2023
4053-bedAED 15M · May 2023
4064-bedAED 5.59M · Sep 2018

403, Bluewaters Residences 1 in numbers

  • Sold 3 times: first on 17 February 2019 for AED 3,575,000, last on 26 September 2023 for AED 7,900,000 (AED 4,616 per sqft).
  • Rented since February 2022 on 3 Ejari contracts, from AED 240,000 to AED 400,000 a year.
  • At AED 400,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 49,600 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 19 August 2025.

Questions about 403, Bluewaters Residences 1

What did unit 403 last sell for?

AED 7,900,000 on 26 September 2023: AED 4,616 per sqft for 1,711 sqft. The unit has 3 registered sales; the first was AED 3,575,000 in February 2019.

What is the rent for unit 403?

AED 400,000 a year on the contract renewed on 19 August 2025. The previous contract, from August 2024, was AED 400,000; the unit has been rented since February 2022.

How big is unit 403?

1,711 sqft (159.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2019.

What is unit 403 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 403, Bluewaters Residences 1

Starts from the last sale price (AED 7.9M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 7,900,000
Deposit, UAE resident (20%)
AED 1,580,000
Deposit, non-resident (40%)
AED 3,160,000
Monthly over 25 years at 3.7%
AED 32,321

Plus AED 336,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →