Bluewaters Island Apartments H1 2025 Resale Report

(1st January – 30th June 2025)

-2.6

AED 4,907

Average price per sq. ft

Compared to H1 2024

-22

78 transactions

-23

AED 713M total resale value

Apartments in Bluewaters Island H1 2025 Resale Report

Executive Summary

Two-bedroom apartments led resale activity in H1 2025 with 34 transactions at an average price of AED 7,624,527, representing an 11.0 percent decline in transaction count year-over-year. Three-bedroom units recorded 27 transactions in H1 2025 at an average price of AED 10,964,815, with transaction count falling 27.0 percent year-over-year. One-bedroom apartments saw 14 transactions in H1 2025 at an average price of AED 3,523,721, a 26.0 percent drop in transaction count compared to H1 2024. The Bluewaters Island apartments market recorded zero off-plan primary transactions in H1 2025, with total off-plan primary value of AED 0.

Key Facts

  • In H1 2025, the average resale price per square foot for apartments on Bluewaters Island was AED 4,907, down 2.6% year-over-year.
  • Bluewaters Island recorded 78 resale apartment transactions in H1 2025, a decline of 22.0% compared to the same period in 2024.
  • The total value of resale apartment transactions on Bluewaters Island in H1 2025 was AED 713,016,020, representing a 23.0% year-over-year decrease.
  • Ready properties accounted for 69.2% of resale transactions on Bluewaters Island in H1 2025, while off-plan completions made up 30.8%.
  • Two-bedroom apartments led resale activity on Bluewaters Island in H1 2025 with 34 transactions at an average price of AED 7,624,527, down 11.0% in transaction count year-over-year.
  • Three-bedroom apartments on Bluewaters Island recorded 27 resale transactions in H1 2025 at an average price of AED 10,964,815, with transaction count falling 27.0% year-over-year.
  • One-bedroom apartments saw 14 resale transactions on Bluewaters Island in H1 2025 at an average price of AED 3,523,721, down 26.0% in transaction count year-over-year.

Key Performance Indicators

Key Performance Indicators

Resale - H1 2025

Total Resale Value AED 713M
-23% YoY
Avg Sale Price per Sq. Ft AED 4,907
-2.6% YoY
Resale Transactions 78
-22% YoY

Rental - H1 2025

Gross Rental Yield 5.86%
Avg Rent per Sq. Ft AED 283
+8.8% YoY
Rental Contracts 117
+39.3% YoY

Source: Property Monitor, Metropolitan Premium Properties Analysis

Price Trend

Price Trend - Bluewaters Island Apartments

Average Price per Sq. Ft - Bluewaters Island Apartments

Line chart showing Average Price per Sq. Ft - Bluewaters Island Apartments with 4 data points from H2 2023 to H1 2025.
Bluewaters Island Apartments - Average Price per Sq. Ft over semi-annual periods
Period Average Price per Sq. Ft (AED)
H2 2023 4,442
H1 2024 5,035
H2 2024 4,329
H1 2025 4,906

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did Bluewaters Island Apartments transactions split between off-plan and ready in H1 2025?

In H1 2025, ready property transactions dominated Bluewaters Island's apartment market, accounting for 69.2% of all deals and 83.0% of total transaction value, while off-plan sales represented 30.8% of transactions and 17.0% of value. This distribution indicates that ready properties commanded the majority of market activity in both volume and monetary terms during the period. The notable gap between transaction share and value share for off-plan units—30.8% of deals generating only 17.0% of value—suggests that off-plan apartments transacted at lower average prices than their ready counterparts in Bluewaters Island during H1 2025.

Completion Status

Completion Status: Bluewaters Island H1 2025

Off-plan: 30.8%, Ready: 69.2%.
Bluewaters Island H1 2025 - Completion Status (transactions and AED value) -- Transactions
Category Percentage
Off-plan30.8%
Ready69.2%
Off-plan: 17.0%, Ready: 83.0%.
Bluewaters Island H1 2025 - Completion Status (transactions and AED value) -- AED Value
Category Percentage
Off-plan17.0%
Ready83.0%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Which Apartments bedroom configurations recorded the highest resale activity in Bluewaters Island during H1 2025?

Two-bedroom apartments led transaction activity in Bluewaters Island during H1 2025, accounting for 34 sales, followed by three-bedroom units with 27 transactions and one-bedroom apartments with 14 deals. All three reportable segments recorded year-on-year declines in transaction counts, with one-bedroom and three-bedroom configurations each falling 26–27% and two-bedroom units declining 11%. Average prices across the three segments ranged from AED 3,523,721 for one-bedroom apartments to AED 10,964,815 for three-bedroom units in Bluewaters Island during the first half of 2025.

Performance by Bedroom Type

Price Insights by Bedroom

Bluewaters Island H1 2025 - Bedroom-level Resale Insights
Bedrooms Avg Price Price YoY Transactions Trans. YoY
1 B/R AED 3,523,721 -11.4% 14 -26%
2 B/R AED 7,624,527 +6% 34 -11%
3 B/R AED 10,964,815 -9.5% 27 -27%
4 B/R AED 16,900,000 -21.2% 1 -83%
5 B/R AED 45,750,000 N/A 2 N/A

Transaction Distribution by Bedroom

Transaction Volume by Bedroom Type - H1 2025

Bar chart showing Transaction Volume by Bedroom Type - H1 2025 with 5 categories.
Transaction Volume by Bedroom Type - H1 2025
Bedroom Type Transactions
1 B/R Bed14
2 B/R Bed34
3 B/R Bed27
4 B/R Bed1
5 B/R Bed2

Source: Property Monitor, Metropolitan Premium Properties Analysis

How did off-plan primary-market sales of Apartments in Bluewaters Island perform in H1 2025?

During H1 2025, Bluewaters Island Apartments recorded zero off-plan transactions with no corresponding transaction value, reflecting the absence of new developer releases in this established island community. By contrast, the resale market remained active with 78 transactions totaling AED 713,016,020 over the same six-month period. The complete absence of primary market activity underscores that Bluewaters Island Apartments operated exclusively as a secondary market during the first half of 2025, with all trading activity concentrated among existing unit owners.

Rental Summary

Rental Contract Distribution - H1 2025

Contract Types

New Contracts 65%
Renewals 35%

Rental Insights by Bedroom

Bluewaters Island H1 2025 - Bedroom-level Rental Insights
Bedrooms Avg Rent Price YoY Transactions Trans. YoY
1 B/R AED 266,258 +10.2% 23 +35%
2 B/R AED 439,854 +5.5% 53 +51%
3 B/R AED 583,746 +6% 35 +25%
4 B/R AED 920,217 +42.1% 6 +100%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Dubai Apartments Market Context -- H1 2025

Dubai recorded 91,974 sale transactions and 288,259 rental transactions in H1 2025, with the initial sale segment accounting for 64.5% of all sales across the emirate and resale representing 35.5%. In the rental market during H1 2025 in Dubai, contract renewals comprised 65.1% of activity while new leases made up 34.9%. These emirate-wide metrics provide the contextual backdrop for evaluating Bluewaters Island Apartments performance within Dubai's broader residential property landscape.

Dubai Overall Market Context

Dubai Apartments Market Totals - H1 2025

Sales
Total Value AED 262.776B
Transactions 91,974
Value YoY +36.4%
Rentals
Total Value AED 24.295B
Contracts 288,259
Value YoY +64.5%
Initial Sale: 64.5%, Resale: 35.5%.
Dubai Overall Market - Sale Split
Category Percentage
Initial Sale64.5%
Resale35.5%
New: 34.9%, Renewal: 65.1%.
Dubai Overall Market - Rental Contract Split
Category Percentage
New34.9%
Renewal65.1%

Source: Property Monitor, Metropolitan Premium Properties Analysis

Frequently Asked Questions

What was the average price per square foot for resale apartments in Bluewaters Island during H1 2025?
In H1 2025, resale apartments in Bluewaters Island recorded an average price of AED 4,907 per square foot, down 2.6% year-over-year.
How many resale apartment transactions occurred in Bluewaters Island in H1 2025?
Bluewaters Island recorded 78 resale apartment transactions in H1 2025, representing a decline of 22.0% compared to the same period in 2024.
What was the total transaction value for resale apartments in Bluewaters Island during H1 2025?
The total value of resale apartment transactions in Bluewaters Island reached AED 713,016,020 in H1 2025, down 23.0% year-over-year.
What was the split between off-plan and ready resale apartments in Bluewaters Island in H1 2025?
In H1 2025, off-plan units represented 30.8% of resale transactions and 17.0% of value in Bluewaters Island, while ready units accounted for 69.2% of transactions and 83.0% of value.
What was the average price for two-bedroom resale apartments in Bluewaters Island during H1 2025?
Two-bedroom resale apartments in Bluewaters Island averaged AED 7,624,527 in H1 2025, based on 34 transactions.
What was the average price for three-bedroom resale apartments in Bluewaters Island in H1 2025?
Three-bedroom resale apartments in Bluewaters Island recorded an average price of AED 10,964,815 in H1 2025, based on 27 transactions.
How many one-bedroom resale apartments were sold in Bluewaters Island during H1 2025?
Bluewaters Island recorded 14 one-bedroom resale apartment transactions in H1 2025, with an average price of AED 3,523,721.

Methodology

The resale transaction data presented in this report is sourced from Property Monitor's aggregation of Dubai Land Department registration records for Bluewaters Island apartments during the first half of 2025, covering the period from 1 January to 30 June 2025. Year-on-year comparisons reflect the corresponding H1 2024 period, with percentage changes calculated on both transaction volume and average price per square foot metrics. Readers should note that registration dates may lag actual transaction agreement dates by several weeks, meaning that deals negotiated in late 2024 could appear in the H1 2025 dataset if registration was delayed, which may affect the precise periodization of market shifts captured in the year-on-year comparison.

Glossary

PSF
Price per square foot, calculated by dividing the property's sale price by its total area in square feet, used as a standardized metric to compare property values across different unit sizes.
Off-plan
Properties purchased directly from developers before construction is complete, typically requiring staged payments during the building phase.
Secondary market
The resale market where properties are sold between private parties or investors after the original developer sale, including both ready and under-construction units.
Ready property
A completed, habitable property with a certificate of occupancy, available for immediate possession and use.
Resale Off-Plan Origin
A property originally purchased off-plan from a developer that is being resold before construction completion, still in the secondary market category.
Resale
A transaction classification for ready properties being sold in the secondary market, where ownership transfers between private parties rather than from a developer.
AED/sqft
The price per square foot expressed in UAE dirhams, the standard currency unit for Dubai real estate pricing and valuation.
Bluewaters Island
A man-made island development in Dubai located off the Jumeirah Beach Residence coastline, featuring residential apartments, retail spaces, and hospitality offerings including Ain Dubai.

Source: Property Monitor, Metropolitan Premium Properties Analysis

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