# Bluewaters Bay Dubai — Apartments for Sale | WIZI PREMIUM > Buy at Bluewaters Bay by Meraas: 1-4 bed sea-view apartments from ~AED 2.8M on Bluewaters Island. Ain Dubai views, ~5-6% yield, 2027 handover. RERA deal. > Canonical (HTML): https://wizipremium.com/projects/bluewaters-bay-meraas.html > Markdown twin generated from the live page content. Date: 2026-09-16 --- 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 Jumeirah AED 3,450 Downtown Dubai AED 3,011 Business Bay AED 2,547 Dubai Marina AED 2,058 Dubai Hills Estate AED 1,820 JVC AED 1,150 Dubai South AED 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 home 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 residential sales, Jan–Jun 2026. Apartments, villas and townhouses only; land plots are excluded because plot prices are not comparable with homes. 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 AED 2.8M AED 8.4M 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 — Payback — ### Get Bluewaters Bay units that match this A shortlist with floor plans, payment plan and yield breakdown — to your WhatsApp within the hour. 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. Explore more ## Related pages [Beachfront apartments](https://wizipremium.com/buy/beachfront-apartments-dubai.html) [Central Park at City Walk](https://wizipremium.com/projects/central-park-city-walk-meraas.html) [Off-plan guide](https://wizipremium.com/buy/off-plan-dubai.html) [All Dubai projects →](https://wizipremium.com/projects.html) Get started ## Buy at Bluewaters Bay Leave your details — we'll send live availability, floor plans and the full payment plan. Free; we reply within an hour.