Luxury Island Destination · Dubai
Bluewaters Island is Meraas' luxury island development just off JBR, home to Ain Dubai (the world's largest observation wheel), Caesars Palace Dubai, and a curated selection of retail and F&B. Residential properties here are premium by any measure — low supply, high quality, exclusive address.
With only a limited number of apartments across two phases, Bluewaters Island offers extreme scarcity value. Yields are lower (4–6%) but the asset class is positioned more for capital preservation and lifestyle than pure income. Ain Dubai's iconic status keeps international buyer interest high.
| Unit Type | Purchase Price | Annual Rent | Gross Yield |
|---|---|---|---|
| 1 Bedroom | AED 2,100,000 | AED 115,000/yr | 5.5% |
| 2 Bedrooms | AED 3,400,000 | AED 175,000/yr | 5.1% |
| 3 Bedrooms | AED 5,200,000 | AED 255,000/yr | 4.9% |
| 4 Bedrooms | AED 8,000,000 | AED 380,000/yr | 4.8% |