403, Bluewaters Residences 5
Sold prices and rental history: sold 3 times, last in August 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 403, Bluewaters Residences 5
What is 403 worth today?
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Source: Dubai Land Department. Updated 2 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,118 sqft
- Floor
- 4th of 6
- Parking
- G277
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 32,400 /yr
- Last sold
- AED 3.2M · August 2022
- Building
- Bluewaters Residences 5
About 403, Bluewaters Residences 5
403 is a one-bedroom apartment of 1,118 sqft on the 4th floor of Bluewaters Residences 5, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 30 August 2022 for AED 3,200,000, or AED 2,861 per sqft, 21% above the AED 2,358 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 2 October 2024, is AED 401,009 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 32,400 a year.
Sales and rents for 403 over time
403 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bluewaters Residences 5, and where 403 sits
All 20 1-beds →403 last sold in August 2022 at AED 2,861 per sqft, 21% above what one-beds in Bluewaters Residences 5 were fetching at the time (AED 2,358). 403's AED 401,009 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,133 sqft | 4,800,000 | 4,236 | ||
| 7 Nov 20247 November 2024 | 1,146 sqft | 4,950,000 | 4,320 | ||
| 31 Oct 202431 October 2024 | 1,179 sqft | 5,500,000 | 4,665 | ||
| 12 Jun 202412 June 2024 | 820 sqft | 3,980,000 | 4,855 |
Bluewaters Residences 5
Building69 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 3 sold in the last 12 months.
- Typical price per sqft
- AED 4,667
- Typical sale
- AED 7.65M
- Typical rent
- AED 320K /yr
- Typical yield
- 5.9%
Other units on the 4th floor
All 69 units in Bluewaters Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,130 sqft | AED 4.19MAED 4,194,000 · Mar 2020March 2020 | 550,000 /yr | |
| 402 | 1-bed | 1,310 sqft | AED 2.5MAED 2,497,000 · Feb 2021February 2021 | ||
| 404 | 1-bed | 1,138 sqft | AED 3.5MAED 3,500,000 · Jul 2022July 2022 | ||
| 405 | 1-bed | 1,133 sqft | AED 4.8MAED 4,800,000 · Jan 2025January 2025 | 230,000 /yr | |
| 406 | 2-bed | 1,641 sqft | AED 3.68MAED 3,677,000 · Nov 2019November 2019 | 390,000 /yr | |
| 407 | 4-bed | 2,459 sqft | AED 9.8MAED 9,800,000 · Mar 2022March 2022 | ||
| 408 | 3-bed | 2,033 sqft | AED 15.5MAED 15,500,000 · Jun 2024June 2024 | 220,000 /yr | |
| 409 | 2-bed | 1,594 sqft | AED 5.5MAED 5,500,000 · Mar 2022March 2022 | ||
| 410 | 1,448 sqft | AED 7.55MAED 7,550,000 · Aug 2025August 2025 | 700,000 /yr | ||
| 411 | 3-bed | 2,022 sqft | AED 4.16MAED 4,156,250 · Sep 2019September 2019 | 510,000 /yr |
403, Bluewaters Residences 5 in numbers
- Sold 3 times: first on 14 October 2019 for AED 2,355,000, last on 30 August 2022 for AED 3,200,000 (AED 2,861 per sqft).
- Rented since November 2021 on 4 Ejari contracts, from AED 160,000 to AED 401,009 a year.
- At AED 401,009 a year the gross yield on the 2022 price is 12.5%, before a service charge of about AED 32,400 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 2 October 2024.
Questions about 403, Bluewaters Residences 5
What did unit 403 last sell for?
AED 3,200,000 on 30 August 2022: AED 2,861 per sqft for 1,118 sqft. The unit has 3 registered sales; the first was AED 2,355,000 in October 2019.
What is the rent for unit 403?
AED 401,009 a year on the contract signed on 2 October 2024. The previous contract, from February 2024, was AED 330,000; the unit has been rented since November 2021.
How big is unit 403?
1,118 sqft (103.9 sqm): a one-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 5
Starts from the last sale price (AED 3.2M, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,200,000
- Deposit, UAE resident (20%)
- AED 640,000
- Deposit, non-resident (40%)
- AED 1,280,000
- Monthly over 25 years at 3.7%
- AED 13,092
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →