Buy real estate on Bluewaters Island by Meraas Holding, Dubai
Lifestyle Bluewaters Island is a lively resort destination with luxury properties, hotels, and entertainment venues. This island is an ideal retreat for shopping and gourmet enthusiasts, as well as for beach lovers. It is located just 500 meters off the coast of Jumeirah Beach Residence, close to Dubai Marina. Bluewaters Island is home to Ain Dubai, the largest Ferris wheel in the world, Madame Tussauds Dubai, the first and the only museum of its kind in the Middle East, and a wide range of boutiques and chain stores. Here, you will find over 200 F&B establishments with almost all the cuisines of the world. Lush greenery, recreation areas, coffee shops, and supermarkets will be appreciated by residents and guests of all ages. The island is connected to Dubai Marina by a bridge. A major King Salman Bin Abdulaziz Al Saud Street runs nearby and ensures connectivity to other areas of the emirate.
Architecture The multi-billion dollar project of Bluewaters Island was brought to life by Meraas Holding. A world-famous developer opened the island to the public in November 2018. Along the coast of the man-made island, you will find ten 14-storey buildings in a minimalist style, as well as 17 townhouses with private gardens. The architecture is made in a single style with strict lines, refined details, eclectic art installations, and urban infrastructure.
We will help you find a residence with significant growth potential.
Bluewaters Island is surrounded by the sparkling waters of the Arabian Gulf. It extends 400 meters into the gulf and offers stunning views of Dubai Marina and Palm Jumeirah. The island's pristine beach, perfect for relaxation, makes the area one of the most prestigious and sought-after destinations in Dubai. Bluewaters Island attracts investors, businessmen, wealthy foreigners, and connoisseurs of luxury life.
Bluewaters Island hosts vibrant events throughout the year, including live music performances, art exhibitions, gastronomic festivals, family events, fitness marathons, and celebrations of national holidays with the participation of international stars. Thanks to all that, the island has become one of the most vibrant locations in Dubai and is popular among people of all ages. Moreover, Dubai Marina, which is easily accessible from Bluewaters Island, annually hosts the Shopping Festival (from December to January) with exclusive deals on luxury brands.
Bluewaters Island is home to one of the best beaches in Dubai named Cove Beach. Thanks to its location, gentle waves continuously splash here and a fresh sea breeze fills the air. The white sandy beach is equipped with everything you need and includes soft sun loungers, changing rooms, and showers. A picturesque promenade with palm trees, restaurants with haute cuisine, and charming cafes creates an ambiance of endless relaxation.
Bluewaters Island is popular among wealthy foreigners, businessmen with families, and employees of large companies. This results in potentially high profits from renting and reselling properties here. The average return on investment (ROI) is 5.1%. Bluewaters Island continues to develop, and after all the work is completed, the developer predicts an increase in profitability to 10%. In 2024, property prices for premium and luxury real estate in the area have increased by almost 21%. According to experts, this trend will continue in the coming years.
Bluewaters Island is a magnet for those who appreciate resort-style living and luxury. Here, you will enjoy mesmerizing panoramic views and beautiful sunsets. World-class restaurants offer amazing cuisine and are perfect for meetings with friends. On this small piece of land, you will find everything you need for a comfortable and carefree life.
The area is home to Ain Dubai, the largest Ferris wheel in the world. Bluewaters Island features nightclubs, the iconic Cove Beach, a luxurious five-star hotel Banyan Tree Dubai, and over 200 F&B establishments. Specialty shops, supermarkets, boutiques, and spas elevate the lifestyle to a new level.
The island is connected to Dubai Marina by pedestrian and car bridges. From the island, along Bluewaters Island Street, there is a quick exit to the Sheikh Zayed Road, which allows access to other areas of the emirate. Dubai International Airport and Аl Maktoum International Airport are reachable in 30 minutes by car. Travel time to Downtown Dubai with Burj Khalifa and The Dubai Mall is 20–25 minutes, Business Bay and DIFC are also at the same distance. Palm Jumeirah, Media City Park, and Burj Al Arab are reachable in 10–15 minutes.
Entertainment Venues
Dubai Marina
Mall
5 min
Skydive Dubai
10 min
Ibn Battuta Mall
20 min
Healthcare Facilities
Aster Xpress
Clinic JBR
10 min
Aesthete Dentistry
5 min
Life GP Clinic
5 min
Educational Institutions
Willow Children’s Nursery
10 min
British Orchard Nursery JBR
15 min
Blossom Marina Nursery Dubai
15 min
Transportation
Bluewaters Island
bus stop
5 min
Bluewaters Marine Transport Station
5 min
DMCC Metro Station
10 min
Entertainment Venues
Ibn Battuta
Mall
Transportation
DMCC Metro Station
Bluewaters Island is a vibrant location and an ideal choice for a resort life. The developer has carefully thought out the infrastructure of the area.
Bluewaters Island features a leisurely and carefree atmosphere. Here, at every step, you will find places to relax, such as cozy coffee shops, restaurants on the waterfront, and charming cafes on the beach. This area is a dream destination for those who have always wanted to live on the coast, enjoy quality shopping, and relax on a white-sand beach. Despite the fact that there are no nurseries and schools in the area itself, they are reachable in 5–10 minutes by car. Business districts and student campuses are 15–20 minutes away. Bluewaters Island has convenient road junctions and well-developed public transport.
Real estate in Dubai on Bluewaters Island is a perfect solution for resort living and profitable investments. The average return on investment (ROI) here is 5.1%, but can reach 10%
5,41 mln 35%
Median price (AED)
3,780 74%
Median price per sqft (AED)
1,242 91%
Transactions
* Source: Data taken from DXB for the last 3 years, overview - Bluewaters Island
Bluewaters Island is a popular area, which attracts wealthy couples, businessmen, and employees of large companies. It has a well-developed infrastructure, a wide range of recreation areas, a long embankment, and seamless transport connections. The nearby area of Dubai Marina offers a wide choice of nurseries, schools, and medical centres.
Since Bluewaters Island is part of the freehold zone, not only UAE citizens but also foreigners can buy real estate units here. As of Q1 2025, the minimum price for a 1-bedroom apartment on Bluewaters Island is AED 2.8M (USD 756K). The cost of a luxurious 5-bedroom penthouse reaches AED 50M (USD 13.6M).
Real estate units in Bluewaters Island can be rented out for short-term or long-term. Short-term rentals offer higher income potential but require active management. The rental cost for a 1-bedroom apartment starts from AED 250K (USD 68K) per year. The average ROI is 5.1%.
Bluewaters Island offers all the conditions for resort holidays, business meetings, and family living. It offers an excellent sandy beach, spas, gymnasiums, retail stores, boutiques, restaurants, entertainment venues, and a five-star hotel. The island has several observation decks with breathtaking views of the Arabian Gulf and Palm Jumeirah. Nurseries, schools, universities, development centers, and clinics are reachable in a several-minute drive. Bluewaters Island has a quick exit to the E11 highway, which leads to Dubai International Airport.
In 2024, the Dubai Residential Property Price Index (RPPI) increased by almost 21%. According to experts, this trend will persist in the coming years. It means that buying a home with subsequent resale in 2–3 years is a perfect investment opportunity. Some residential projects are at the construction stage, which allows you to buy an off-plan residence and resell it more profitably in the future.
Residence Visa
When purchasing a property from AED 2M (USD 545K), you can apply for a 10-year Golden Visa. This visa is renewed as long as you maintain ownership of the property.
Visa for Your Family
Your family members, including your spouse and children, can also get a Golden Visa. Once you receive a residence visa, you can continue your studies in the UAE, enjoy tax benefits, and conduct business in the country.
At Alcenza Properties, we present the best properties in Dubai, whether for permanent residence or investment. Our team handles every aspect of the process, including transactions, documentation, legal issues, and logistics. This ensures you can focus on your daily life without wasting time on organizational matters.
Step 1.
Initial
Consultation
Our agent will arrange a personal meeting or discuss everything in a format that suits you best. During this consultation, you will outline your goals, be it residence, investment, visa acquisition, or other needs. We will provide you with the most optimal solutions.
Step 2.
Finding the Best Property
Based on your budget and investment goals, we will present a selection of real estate options, including off-plan, primary, and secondary market properties. We will handle all communication with a developer or private owner.
Step 3.
Communication With a Seller
We act as the liaison between you and the seller. From verifying documentation to organizing meetings and monitoring every stage of the transaction, we manage the whole process.
Step 4.
Legal Documentation and Management
Our team ensures the smooth and transparent transfer of property rights through the Dubai Land Department (DLD). We assist with visa applications and offer property management services.
We are in touch with our clients 24/7 so that every process will flow smoothly.
We collaborate only with reputable developers, including Meraas Holding, Emaar Properties, DAMAC Properties, Sobha Realty, etc.
98% of our clients express high satisfaction with our services and recommend us to friends and family.
We only recommend properties we would buy ourselves. Our brokers focus on projects that promise strong potential and will allow you to preserve and increase your capital.
Meraas Holding has been operating in the UAE real estate market for almost 20 years. This is one of the most fashionable developers in the country. In 2020, Meraas Holding became part of the state investment group Dubai Holding. The company’s portfolio includes 3,500 complexes, 2,000 retail properties, and 15 iconic locations, including City Walk, Dubai Harbour, Jumeirah Bay, Kite Beach, La Mer, and others. The developer's residential projects are sold out within hours of launch.
40+
Completed Projects
2007 y.
Founded in
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