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Bluewaters Bay by Meraas — apartments for sale

Name: Bluewaters Bay — Dubai
Brand: Meraas
Availability: InStock

Twin-tower waterfront living on Bluewaters Island beside Ain Dubai, with 1-beds from ~AED 2.8M.

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AED 2.8M

1-bed from

2027

handover

~5-6%

gross yield

10/90

payment plan

By WIZI PREMIUM · Updated 27 June 2026

In short

Meraas builds a premium two-tower waterfront community on Bluewaters Island, with 1-bedroom apartments from ~AED 2.8M. Iconic Ain Dubai and sea views, plus scarce island supply, support gross yields around ~5-6%. With 672 homes and 2027 handover, it suits lifestyle buyers and investors wanting a flagship beachfront address with strong long-term capital growth.

Developer: Meraas · Sources: developer brochure, Bayut, Property Finder, DLD · 2026

The project

About Bluewaters Bay on Bluewaters Island

Bluewaters Bay is a Meraas twin-tower development of around 672 homes — 1- to 4-bedroom apartments and 3-bedroom penthouses — on Bluewaters Island, beside Ain Dubai and a short walk from JBR beach. Residents get private beach access, pools, wellness amenities and the island's dining and retail scene.

The investment case rests on a scarce, master-planned island address and Meraas's premium delivery, with projected gross yields near 5-6% and strong appreciation potential. The plan is investor-friendly, typically around 10% on booking with the balance across construction and handover in 2027. It suits buyers prioritising lifestyle and long-term capital growth over peak yield.

Bluewaters Island, Dubai

Gallery

Inside Bluewaters Bay

Prices & payment · 2026

How much Bluewaters Bay costs

Type	From	Gross yield
1 bedroom	~AED 2.8M	5.5-6%
2 bedroom	~AED 4.5M	5-5.5%
3 bedroom	~AED 7M	4.5-5%
Penthouse	from ~AED 15M	4-4.5%

Indicative 2026 launch pricing; varies by unit, floor and view. Payment plan: 10/90. Sources: Meraas, Property Finder, DLD.

Market context

Dubai apartment price ladder

How Dubai's busiest apartment districts compare on price per square foot — useful market context when weighing Bluewaters Bay.

Palm JumeirahAED 3,450

Downtown DubaiAED 3,011

Business BayAED 2,547

Dubai MarinaAED 2,058

Dubai Hills EstateAED 1,820

JVCAED 1,150

Dubai SouthAED 1,050

Average price / sqft by area · Source: Dubai Land Department transactions & Bayut, 2026 · indicative

Recent sales · DLD

What Bluewaters Bay actually sold for

18 sales were registered at Bluewaters Bay in Jan–Jun 2026, at a median of AED 3,531,000 (~AED 3,770/sqft). Most recent registered transactions:

Date	Beds	Status	Size	Price	AED/sqft
2026-06-22	1 B/R	Off-plan	799 sqft	AED 2,839,000	3,553
2026-06-03	1 B/R	Off-plan	797 sqft	AED 3,315,000	4,161
2026-05-14	2 B/R	Off-plan	985 sqft	AED 3,600,000	3,656
2026-03-30	2 B/R	Off-plan	1,257 sqft	AED 5,600,000	4,456
2026-03-03	1 B/R	Off-plan	797 sqft	AED 2,028,640	2,546
2026-02-27	3 B/R	Off-plan	2,041 sqft	AED 8,550,000	4,188

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

Investment view

Is Bluewaters Bay right for you?

In favour

Scarce, master-planned Bluewaters Island address
Iconic Ain Dubai and Arabian Gulf views
Meraas premium delivery and private beach access
Strong long-term capital appreciation potential

Worth knowing

High ~AED 2.8M entry for a 1-bedroom
Yields below mid-market Dubai apartments
Island living means a confined footprint
2027 handover delays rental income

Calculator

Estimate your return

Currency

Purchase budget 2,800,000 AED

2.8M8.4M AED

Gross estimate from typical Bluewaters Island yields; net is lower after service charges (AED 12–25/sq.ft). Off-plan rent applies after handover (2027).

Monthly rent—

Annual income—

Gross yield—

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FAQ

Common questions

How much is an apartment at Bluewaters Bay?

1-bedroom apartments start from around AED 2.8M, with 2- and 3-bedroom homes from roughly AED 4.5M and AED 7M, and penthouses higher still.

What yield does Bluewaters Bay give?

As a premium island address it projects gross rental yields of about 5-6%, with strong capital growth potential.

When does Bluewaters Bay hand over?

Handover is expected in 2027.

Is Bluewaters Bay a good investment?

Bluewaters Bay yields around ~5-6% gross and suits buyers after scarce, master-planned Bluewaters island address.

What is the payment plan at Bluewaters Bay?

Bluewaters Bay is offered on a 10/90 plan (developer terms, subject to availability). Handover is 2027. We confirm the exact schedule and any current incentives per unit on request.

Does Bluewaters Bay qualify for the Golden Visa?

Yes — units at Bluewaters Bay from AED 2M qualify the buyer for the UAE 10-year Golden Visa, available off-plan. With entry around AED 2.8M, most units clear the threshold; we handle the application paperwork.

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