Penthouses for Sale in Bluewaters Island Dubai
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About Bluewaters Island
Bluewaters Island is a new artificial island in Dubai, located 300 meters from Jumeirah Beach Residence and belonging to the Dubai Marina district. The developer of the project, which was completed in 2018, is Meraas Holding, a well-known company in the UAE. In addition to 10 mid-rise residential complexes, the community features:
- two upscale hotels;
- 164 brand and grocery stores;
- catering facilities;
- an equipped beach;
- a parking lot for 2,400 cars;
- a marina;
- entertainment venues.
Bluewaters Island is connected to the mainland by pedestrian and vehicular bridges, and its main attraction is the world’s tallest Ferris wheel, Ain Dubai, which attracts international tourists. Residential real estate in the community is represented by 698 properties, namely, apartments with 1, 2, 3, 4 bedrooms, penthouses and townhouses, with which residents get the use of 1-2 parking spaces.
What types of penthouses are for sale at Bluewaters Island?
Bluewaters Island residences include only four exclusive penthouses, each with five spacious bedrooms, a spacious living room with panoramic windows and 360-degree views of the Arabian Gulf, the marina, the Ferris wheel and the dynamic skyline of Dubai. All residences have light-colored interiors and modern, high-quality materials used throughout. All penthouses have open terraces, built-in closets, Scandinavian hardwood floors, fitted kitchens with marble countertops and European appliances, fully equipped bathrooms, maids quarters and private swimming pools.
Penthouse Prices at Bluewaters Island
One 5-bedroom, 7-bathroom penthouse with 858 sq ft (9,235 sq ft) is currently available for sale. It is listed at AED 20,516,000 (USD 5,233,000).
*The price is valid for 2021
Bluewaters Island features
Island residences offer residents state-of-the-art fitness centers, swimming pools, landscaped grounds with recreation areas, sports pitches and playgrounds. Also, the ground floors of the buildings house stores and a variety of dining options.
Bluewaters Island is an attractive object for investment. On average, the return on investment in real estate on the island can range from 5.8% to 7.1%.
Bluewaters Island is easily accessible by personal and public transport. With its well-developed infrastructure, beautiful beaches and convenient location, the community’s residences are suitable for comfortable living, for long-term rentals and for more profitable short-term rentals to tourists.