Bluewaters Bay is an upscale residential development by Meraas Holding, which is located on the iconic Bluewaters Island next to JBR beach. As an addition to the existing Bluewaters Residences complex, the Bluewaters Bay was launched in Q4 2022 and comprises 2 beautiful towers, with a selection of stylish 1–4 bedroom apartments and 3-bedroom opulent penthouses with generous living and dining spaces. In total, the residential project plans to have 672 residential units plus 1 retail unit.
The size of the apartments in Bluewaters Bay varies between 800 sq. ft and 3,050 sq. ft, while the layouts include one or more balconies, overlooking the stunning Dubai waterfront and the iconic Ain Dubai. It is worth noting that select 2-bedroom apartments and all 3–4 bedroom residences will include a maid’s room, a dressing area and a powder room. From your master bedroom you will be able to enjoy an unparalleled sea view, allowing you to enjoy the gorgeous sunsets.
Bluewaters Bay will be designed to offer invigorating leisure and entertainment experiences thanks to plenty of amenities onsite. These are as follows:
In addition, Bluewaters Bay will boast a scenic promenade walkway, which will lead to the record-breaking Ain Dubai and The Beach at JBR.
The initial cost of a waterfront 1-bedroom property in Bluewaters Bay is AED 2,560,000 (USD 700,000).
*The price is valid for 2022
Redefining waterfront living, Bluewaters Bay is located in the bay between Bluewaters Island and The Beach, which are linked by the promenade. The main access point to the complex is directly from Bluewaters Bridge, which is connected to the Sheikh Zayed Road. For easy commutes around the rest of the city, you will be able to use the Bluewaters Marine Transport Station and the Bluewaters Island 1 bus station, which are both located within the immediate vicinity of Bluewaters Bay.
As well as that, within walking distance of the residential complex by Meraas Holding, you can visit some of the most iconic Dubai attractions and a collection of the ultimate gourmet venues found below:
At the same time, within a 10-15 minute drive, it is possible to reach the following social facilities:
Bluewaters Bay is due for completion in Q2 2027, which means you have sufficient time to purchase a property here at a lower cost, as the development is at the initial stages of construction. You may also take advantage of a flexible payment plan, the detailed information on which our real estate agents will be glad to provide.
When living in Bluewaters Bay, you will enjoy unparalleled views of one of the world’s most iconic attractions; Ain Dubai, as well as the sea and an abundance of world-class amenities right on your doorstep. That being said, as soon as Bluewaters Bay is ready for handover, it is worth considering not only residing here yourself, but also renting the property out either for long-term or short-term leases. This is because the area is set to witness a strong demand among tourists and those who want to enjoy a waterfront living on a secluded island, but still benefit from excellent connectivity to the rest of Dubai.
If you are keen on learning more about earning a potential rental income, then taking a look at the indicators in the Bluewaters Residences will help. In this mega-project developed by Meraas Holding, 1-bedroom apartments generate a gross average ROI of 7.5%, with an initial yearly rental price of AED 250,000 (USD 68,000). At the same time, daily and monthly rental costs of 1-bedroom apartments amounts to AED 2,340 (USD 637) and AED 24,000 (USD 6,500) respectively.
When investing in a completed property worth a minimum of AED 2,000,000 (USD 545,000), one has the opportunity to avail a 10-year Golden Visa. This long-term residency scheme boasts multiple perks, including sponsoring your family and domestic staff, as well as obtaining an Esaad card in Dubai. Thus, as soon as Bluewaters Bay is ready, you may apply for a Golden Visa and bring your spouse and children to the UAE.
*The price is valid for 2022
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