🟢 Completed — Ready to Move

Bluewaters Residences

by Meraas — Bluewaters Island, Dubai — Handed over 2020
Gross Yield: 5.4% Capital Gain: +35% since launch Occupancy: 93%

Investment Performance

Bluewaters Residences benefits from the island's unique leisure positioning. Rental demand is supported by tourists and short-stay visitors attracted to Ain Dubai and the promenade. Supply is structurally constrained by the island's fixed land area.

Performance note: Bluewaters Island is one of Dubai's most distinctive leisure destinations. As a fully island-based residential address adjacent to Ain Dubai, the project commands lifestyle premiums rarely found elsewhere in Dubai.

About Bluewaters Residences

Bluewaters Residences by Meraas sits on the man-made Bluewaters Island adjacent to the world's largest observation wheel, Ain Dubai. The development offers 1–4 bedroom apartments with direct promenade access, retail and dining at your doorstep, and sweeping views of the Arabian Gulf and JBR skyline.

Launch Pricing Reference

Original launch prices for reference. Current resale prices are higher.

TypeSizeLaunch PriceLaunch Price/sqft
1BR750–950AED 1.8M (launch)AED 2,200
2BR1,300–1,650AED 3.2M (launch)AED 2,150
3BR2,000–2,500AED 5.5M (launch)AED 2,100
4BR3,200–4,000AED 9.0M (launch)AED 2,200

Amenities

  • Ain Dubai views
  • Private beach access
  • Swimming pool
  • Gym & wellness
  • Direct retail promenade
  • Marina views