Dubai · Areas · Bluewaters Island

Apartments for sale on Bluewaters Island

Bluewaters Island apartments from ~AED 2.8M at 5–6% gross yield — Meraas’s man-made island off JBR, home to Ain Dubai (the world’s largest observation wheel), a beach, residences and the Caesars resorts. A scarce, flagship waterfront address with sea-and-skyline views.

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AED 2.8M

apartments from

~5,330

AED / sq.ft

5–6%

gross yield

Island

flagship waterfront

Updated 30 June 2026

In short

Bluewaters Island is Meraas’s man-made island off JBR, home to Ain Dubai, the world’s largest observation wheel. Apartments start from ~AED 2.8M with gross yields of 5–6%. It is largely off-plan, so most buyers are here for capital growth and payment-plan access as the district fills out, rather than for day-one rental income.

Sources: Bayut, Property Finder, Engel & Völkers, DLD · 2026

The area

A flagship island off JBR

Bluewaters is a compact man-made island off JBR and Dubai Marina, connected by bridge and a cable car, built around Ain Dubai — the world’s largest observation wheel — with a beach, retail, the Caesars Palace and Bluewaters resorts and a handful of residential towers.

The pitch is scarcity and prestige: a small island next to the Marina with sea-and-skyline views, commanding among the highest per-sqft prices in the city (~AED 5,330/sq.ft) and gross yields around 5–6% lifted by elite short-let demand. Entry is high — this is a flagship, lifestyle-led address.

Bluewaters Island

Gallery

A look at Bluewaters Island

Lifestyle

Interiors

Amenities

Prices & yield · 2026

How much does property in Bluewaters Island cost in 2026?

Type	From	Gross yield
1 bedroom	~AED 2.8M	5.5–6%
2 bedroom	~AED 7.7M	5–5.5%
3 bedroom	~AED 12.3M	4.5–5.5%

Indicative 2026 figures; vary by tower, floor and view. Sources: Property Finder, Engel & Völkers, DLD.

Recent sales · DLD

What Bluewaters Island actually sold for

49 sales were registered in Bluewaters Island in Jan–Jun 2026, at a median of AED 8,900,000 (~AED 5,329/sqft). Most recent registered transactions:

Date	Beds	Status	Size	Price	AED/sqft
2026-06-29	3 B/R	Ready	1,987 sqft	AED 9,000,000	4,529
2026-06-29	2 B/R	Ready	1,711 sqft	AED 7,500,000	4,383
2026-06-24	2 B/R	Ready	1,448 sqft	AED 6,518,000	4,501
2026-06-19	1 B/R	Ready	1,138 sqft	AED 5,225,000	4,590
2026-06-19	1 B/R	Ready	1,138 sqft	AED 5,225,000	4,590
2026-06-18	1 B/R	Ready	1,146 sqft	AED 6,500,000	5,672

Source: Dubai Land Department — registered sales transactions, Jan–Jun 2026. Actual recorded deals, not asking prices.

Investment view

Is Bluewaters Island right for you?

In favour

Scarce island address next to the Marina
Ain Dubai, beach, Caesars resorts on-island
Sea-and-skyline views, elite short-let demand
Strong capital-value retention

Worth knowing

Among the highest AED/sqft in Dubai
Yields (5–6%) modest vs the high entry
Small island — limited supply & parking
Premium service charges

Calculator

Run the numbers

Currency

Purchase budget 2,800,000 AED

2.8M14.8M AED

Gross estimate from typical Bluewaters Island yields; net is lower after service charges (AED 12–25/sq.ft). Actual rent varies by tower.

Monthly rent—

Annual income—

Gross yield—

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FAQ

Common questions

How much is an apartment in Bluewaters Island?

One-beds start around ~AED 2.8M and two-beds around ~AED 7.7M (2026). Bluewaters is among the most expensive addresses per sqft in Dubai.

What yield does Bluewaters Island give?

About 5–6% gross — lifted by elite short-let demand on a scarce island next to the Marina.

Is Bluewaters Island a good investment?

For flagship-asset buyers, yes — a scarce island address with Ain Dubai, a beach and Marina-adjacency. Not for those seeking value or maximum yield.

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