Properties for Sale
in Meraas Bluewaters Island

Bluewaters Island is a man-made island located next to Jumeirah Beach Residence in Dubai by Meraas.

The development offers apartments and townhouses at a prime location and also features 5-star hotels, retail outlets and entertainment establishments.

Bluewaters Island is home to Ain Dubai, the world’s largest observation wheel. Bluewaters Island is a $1.6 billion project developed by Meraas, the real estate company that is famous for their City Walk in Jumeirah and The Beach at Jumeirah Beach Residence.

The development is located in 500 meters from Jumeirah Beach Residence. Meraas Bluewaters Island is considered to be one of Dubai's best destinations.

The area features ten residential buildings, two 5-star hotels, 164 shops and cafes, and its most significant attraction the Ain Dubai. It is the largest observation wheel in the world with the height of 210 meters which offers unobstructed views of the city.

The residential buildings comprise totally 698 apartments including 1-3-bedroom units. Each residential unit is provided with one or two parking spaces. There are also 4 penthouses and 17 townhouses. Each residential building provides its residents with gym, swimming pool, landscaped garden children’s playground.

There is only one sub-community in the area – Bluewaters Residences. It features ten apartments building with 698 apartments in total including 1-3-bedroom units, 4 penthouses and 17 townhouses.

The minimalist interior design of apartments in Bluewaters Residences meets the highest standards, features neutral colors and floor to ceiling windows.

Each apartment features an open-plan kitchen equipped with high-quality Italian appliances and marble countertops. The penthouses in Bluewaters Residences can offer 5 bedrooms, a lot of indoor space, extended living areas and 360-degree views of the Arabian Gulf, Marina, Ain Dubai and the city’s skyline.

If you are interested in investing in Bluewaters Island properties you can expect high rental yield in the area. The highest rental yield of 7.1% is offered by 4BR apartments. Further, 1-bedroom apartments can generate up to 6.2% returns on investment while 3-bedroom units show a 5.9% ROI. Two-bedroom apartments in Bluewaters Island yield 5.8% of ROI.