Your guide to Bluewaters apartments for sale
Bluewaters Island is a magnificent man-made luxury destination developed by Meraas, positioned just 400 meters off the Jumeirah Beach Residence (JBR) coastline. Launched in 2013 and completed in 2018, this AED 6 billion project offers a highly exclusive waterfront lifestyle. It blends residential tranquility with world-class entertainment, most notably serving as home to Ain Dubai, the world's tallest observation wheel.
For buyers exploring Bluewaters apartments for sale, the island attracts international investors and professionals seeking privacy without sacrificing urban conveniences. The community features modern architecture, sea views, and a pedestrian-friendly design that encourages outdoor living. With over 200 dining outlets, premium retail, and direct pedestrian bridge access to The Beach at JBR, the island delivers resort-style living within a highly walkable environment.
Blue Waters Dubai apartments for sale operate within the luxury segment with freehold ownership available for foreign nationals. The combination of exclusive positioning, Meraas' strong developer reputation, and limited inventory supports both rental income and capital appreciation. Strong rental demand from executives and tourists, coupled with the island's iconic status, makes apartments for sale in Bluewaters attractive for both end-users seeking prestigious addresses and investors targeting premium returns.
Market overview of the apartments for sale in Bluewaters
The real estate market here operates squarely within the luxury segment. The average asking price for an apartment sits at approximately AED 8.8 million, delivering an estimated rental yield of 4.7%. Properties feature Scandinavian wooden floors, floor-to-ceiling glass windows, minimalist kitchens, and spacious balconies, maximizing the resort-style ambiance.
One-bedroom apartments average 920 square feet, ranging from 800 to 1,200 square feet. Two-bedroom units average 1,500 square feet, generally between 990 and 1,700 square feet. Three-bedroom apartments expand to an average of 2,100 square feet. Four-bedroom residences span 2,600 to 2,900 square feet, representing the pinnacle of space on the island.
Properties feature modern amenities including shared swimming pools, fully equipped gyms, covered underground parking, security, children's play areas, and open-plan layouts with ensuite bathrooms. The market appeals to high-net-worth individuals, executives seeking waterfront living, and investors targeting premium rental returns from the limited luxury inventory.
Apartment prices in Bluewaters
Prices of apartments in Bluewaters range from AED 2.85 million to AED 18 million, offering approximately 4.7% rental yields with strong tenant demand due to exclusive island location, Ain Dubai landmark status, and pedestrian bridge access to JBR beach and dining.
- 1-bedroom apartments: AED 2.85 million to AED 5.8 million, 800 to 1,200 sq ft
- 2-bedroom apartments: AED 3.99 million to AED 7.07 million, 990 to 1,700 sq ft
- 3-bedroom apartments: AED 7.29 million to AED 12.18 million, 1,800 to 2,400 sq ft
- 4-bedroom apartments: AED 16.2 million to AED 18 million, 2,600 to 2,900 sq ft
Why buy an apartment in Bluewaters?
Exclusive island living
Limited residential inventory on a man-made luxury island creates scarcity value. The island's exclusive positioning just 400 meters off JBR ensures privacy while maintaining beach and urban access.
Resort-style amenities
Over 200 dining outlets, Banyan Tree Dubai resort with private beaches and spas, and Ain Dubai create a destination environment. Residents enjoy five-star hospitality integrated into daily life.
Highly walkable environment
A pedestrian-friendly design with a 265-meter bridge to JBR eliminates car dependency for beach access and dining. The island layout encourages outdoor living and walking between amenities.
Freehold ownership with prestige
Foreign nationals can purchase with full ownership rights on an iconic island featuring the world's tallest observation wheel. The address carries global recognition, supporting resale value.
Strong rental demand
Executives and tourists seeking luxury waterfront living create consistent tenant pools. The limited supply, combined with resort amenities, ensures premium rental rates and low vacancy.
Meraas’s developer reputation
Meraas is an established developer with a track record of quality destinations, including City Walk and La Mer. This reputation supports property values and buyer confidence in long-term investment.
Who should buy Bluewaters apartments for sale?
High-net-worth individuals
Those seeking exclusive island addresses with world-class amenities will find the luxury positioning ideal.
International investors
Buyers targeting freehold premium properties with strong capital appreciation potential should consider Bluewaters Island.
Executives and professionals
Those working in Dubai Marina or DIFC wanting waterfront living will benefit from quick commutes.
Lifestyle-focused buyers
Individuals prioritizing beach access, dining variety, and resort amenities will appreciate the integrated environment.
Top locations for Bluewaters apartments for sale
The island's residential sector comprises 10 mid-rise buildings known as Bluewaters Residences, along with newer off-plan developments like Bluewaters Bay. Understanding these options helps buyers choose between ready units and staged investment.
Bluewaters Residences
This established cluster of ten apartment buildings forms the core residential zone. Buildings 6, 7, and 9 frequently feature high-value transactions, with units offering panoramic sea or Ain Dubai views. Properties are completed and ready for immediate occupancy or rental, featuring modern open-plan layouts with ensuite bathrooms. Prices range from AED 2.85 million for one-bedroom units to over AED 16 million for four-bedroom residences. The location suits buyers wanting immediate move-in or rental income without construction wait times.
Bluewaters Bay
This newer addition offers off-plan apartments for sale in Bluewaters Island with projected handover in the first quarter of 2027. Bluewaters Bay Building 1 and Building 2 provide different vantage points, with off-plan three-bedroom units recently transacting around AED 7.8 million. These off-plan options often feature payment plans, making them attractive for staged capital deployment. The area appeals to investors wanting newer inventory with payment flexibility and potential appreciation during construction.
Amenities & lifestyle
Schools and nurseries
- Emirates International School (nearby in Meadows)
- Dubai British School (nearby in Jumeirah Park)
- Chubby Cheeks Nursery (nearby in Dubai Marina)
Healthcare facilities
- Life Pharmacy (on island)
- Emirates Hospital Clinic (nearby in Dubai Marina)
- Marina Medical Center (nearby in Dubai Marina)
Shopping and dining
- Franpix (grocery shopping)
- Over 200 food and beverage outlets
- L'ETO (coffee and pastries)
- SHI (Chinese fine dining)
- The Pods (Pan-Asian cuisine)
Recreation and entertainment
- Ain Dubai (world's tallest observation wheel)
- Madame Tussauds Dubai
- Banyan Tree Dubai (5-star resort with private beach and spa)
- Brass Monkey (arcade games and bowling)
Fitness and outdoors
- HOTWORX (infrared fitness)
- Range Gym (martial arts)
- Pedestrian bridge to The Beach at JBR
Location & transportation
Strategic island positioning
Bluewaters sits just 400 meters off the JBR coastline, connected via a dedicated Sheikh Zayed Road exit and a 265-meter pedestrian bridge. This positioning provides island exclusivity while maintaining immediate beach and urban access.
Proximity to major roads
Direct connection to Sheikh Zayed Road allows efficient travel across Dubai. The dedicated exit serves the island exclusively, reducing traffic from passing vehicles.
Public transport availability
No internal metro station exists on the island. DMCC Metro Station sits 5 to 7 minutes away by car. RTA feeder buses service the area, though most residents rely on private vehicles or taxis.
Commute times to business hubs
Dubai Marina and JLT take 5 to 10 minutes. Downtown Dubai sits roughly 25 minutes away during normal traffic conditions.
Nearby landmarks
The community sits adjacent to The Beach at JBR via a pedestrian bridge, placing it within walking distance of JBR. Dubai Marina is reachable within a short drive. Palm Jumeirah sits approximately 10 to 15 minutes away by car.
Pros & cons of buying Blue Waters Dubai apartments for sale
Pros
- Freehold ownership available for foreign investors
- Highly walkable environment
- Direct access to JBR beach via a pedestrian bridge
- Resort-style living with Banyan Tree facilities
- Over 200 dining outlets within walking distance
- Ain Dubai is a landmark, creating an iconic address
- Limited residential inventory supporting scarcity value
- Modern architecture with floor-to-ceiling windows and sea views
- Massive underground parking with over 2,000 spaces
- Strong rental demand from executives and tourists
Cons
- High entry price point compared to average Dubai neighborhoods
- No direct metro station on the island
- Reliance on nearby districts for major schools and hospitals
- Service charges for luxury amenities can be substantial
- Limited grocery options compared to mainland communities
- Tourist crowds year-round in public areas
FAQs about apartments for sale in Bluewaters Island
Is Bluewaters a freehold area?
Yes, Blue Waters Dubai apartments for sale are available on a freehold basis, allowing foreign investors and expatriates to purchase real estate with full ownership rights. Buyers receive complete ownership without restrictions and can pass property to heirs.
Is buying a Bluewaters apartment a good investment?
Yes, the exclusive island location with limited inventory creates scarcity value. Rental yields of approximately 4.7% combine with strong capital appreciation potential from the prestigious address. Meraas' established reputation and the landmark Ain Dubai status support long-term value and consistent tenant demand from luxury seekers.
What is the average price per square foot in Bluewaters?
Luxury positioning places prices significantly above Dubai averages. One-bedroom units average around AED 4,020 per square foot, while larger configurations vary based on views and finishes. Units overlooking the sea or Ain Dubai command premium rates compared to internal-facing properties.
Are there off-plan opportunities in Bluewaters?
Yes, Bluewaters Bay Building 1 and Building 2 offer off-plan investment opportunities with projected handover in the first quarter of 2027. These developments feature payment plans allowing staged capital deployment. Off-plan prices often provide entry points below completed inventory with appreciation potential during construction.
Does Bluewaters have its own metro station?
No, there is no dedicated metro station on the island. The nearest is DMCC Metro Station, which is 5 to 7 minutes away by car. RTA feeder buses service the area, though most residents use private vehicles or taxis. The pedestrian bridge to JBR provides walking access to The Beach.
