2-bed · 1,641 sqftBluewaters Residences 4, Bluewaters Island · 4th floor · completed 2019

406, Bluewaters Residences 4

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 2.95M9 July 2020
Current rentAED 560K /yr28 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Bluewaters Residences 4

What is 406 worth today?

Last sold for AED 2,950,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Apr 2025RentedNew contract
AED 560,000/yr12 months · AED 342 per sqft
28 Nov 2023RentedRenewal · flagged as an outlier
AED 27,000,000/yrAED 16,502 per sqft
28 Nov 2022RentedNew contract
AED 525,000/yr12 months · AED 321 per sqft
1 Dec 2021RentedRenewal
AED 199,500/yr12 months · AED 122 per sqft
1 Dec 2020RentedNew contract
AED 190,000/yr12 months · AED 116 per sqft
9 Jul 2020SoldReady
AED 2,950,000AED 1,797 per sqft
8 Jul 2019Sold by developerReady
AED 3,381,000AED 2,060 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Floor
4th of 7
Parking
B488
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 47,600 /yr
Last sold
AED 2.95M · July 2020

About 406, Bluewaters Residences 4

406 is a two-bedroom apartment of 1,641 sqft on the 4th floor of Bluewaters Residences 4, a 7-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 9 July 2020 for AED 2,950,000, or AED 1,797 per sqft, 11% below the AED 2,018 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 28 April 2025, is AED 560,000 a year: a gross yield of 19.0% on the 2020 price, before the service charge of about AED 47,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in Bluewaters Residences 4
5M10M2019202120232025Typical sale price by year: 2019 AED 3,327,500; 2021 AED 3,550,000; 2022 AED 5,600,000; 2023 AED 6,650,000; 2024 AED 7,950,000; 2025 AED 10,500,000Sold by developer, July 2019: AED 3,381,000 (AED 2,060 per sqft)Sold, July 2020: AED 2,950,000 (AED 1,797 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 4
200K400K600K20192021202320252027Typical rent by year: 2019 AED 190,000; 2020 AED 165,000; 2021 AED 210,000; 2022 AED 299,196; 2023 AED 460,000; 2024 AED 440,000; 2025 AED 400,000; 2026 AED 320,000New contract, December 2020: AED 190,000 a yearRenewal, December 2021: AED 199,500 a yearNew contract, November 2022: AED 525,000 a yearNew contract, April 2025: AED 560,000 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 4, and where 406 sits

All 27 2-beds →

406 last sold in July 2020 at AED 1,797 per sqft, 11% below what two-beds in Bluewaters Residences 4 were fetching at the time (AED 2,018). 406's AED 560,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Apr 202510,000,000
21 Feb 202511,000,000
11 Feb 202510,500,000
19 Dec 20247,500,000
0 2-bed sales in the last 12 months

Bluewaters Residences 4

Building

78 apartments, 1-bed to 4-bed over 7 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 5 sold in the last 12 months.

Typical price per sqft
AED 5,636
Typical sale
AED 12M
Typical rent
AED 489K /yr
Typical yield
4.9%
Bluewaters Residences 4, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 78 units in Bluewaters Residences 4
Value
4013-bedAED 12.25M · Feb 2026
4021-bedAED 5.4M · Apr 2024
4031-bedAED 2.35M · Jun 2021
4041-bedAED 2.29M · Oct 2019
407AED 23M · Nov 2025
4083-bedAED 4.6M · Nov 2019
4092-bedAED 10.5M · Feb 2025
1–7 of 9

406, Bluewaters Residences 4 in numbers

  • Sold twice: first on 8 July 2019 for AED 3,381,000, last on 9 July 2020 for AED 2,950,000 (AED 1,797 per sqft).
  • Rented since December 2020 on 5 Ejari contracts, from AED 190,000 to AED 560,000 a year.
  • At AED 560,000 a year the gross yield on the 2020 price is 19.0%, before a service charge of about AED 47,600 a year (AED 28.99 per sqft).

Source: Dubai Land Department. Updated 28 April 2025.

Questions about 406, Bluewaters Residences 4

What did unit 406 last sell for?

AED 2,950,000 on 9 July 2020: AED 1,797 per sqft for 1,641 sqft. The unit has 2 registered sales; the first was AED 3,381,000 in July 2019.

What is the rent for unit 406?

AED 560,000 a year on the contract signed on 28 April 2025. The previous contract, from November 2023, was AED 27,000,000; the unit has been rented since December 2020.

How big is unit 406?

1,641 sqft (152.5 sqm): a two-bedroom apartment on the 4th floor of a 7-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.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Bluewaters Residences 4

Starts from the last sale price (AED 2.95M, 9 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →