Overview

Property Description

Meraas Holding developed Bluewaters Bay, an upscale residential development on Bluewaters Island, just steps from JBR's beach. As an addition to the existing Bluewaters Residences complex, the Bluewaters Bay was launched in Q4 2022, and comprises 2 beautiful towers with a variety of stylish 1–4 bedroom apartments and 3-bedroom opulent penthouses with generous living and dining spaces. Approximately 672 residential units are planned along with 1 retail unit at the residential development. The size of the apartments in Bluewaters Bay varies between 800 sq. ft. and 3,050 sq. ft., with balconies overlooking the stunning Dubai waterfront and the iconic Ain Dubai. Select 2-bedroom apartments as well as all 3–4 bedroom residences come with a maid's room, dressing area, and powder room. In your master bedroom, you will be able to see the stunning sea view that will allow you to enjoy gorgeous sunsets. A waterfront 1-bedroom property in Bluewaters Bay costs AED 2,560,000 (USD 700,000). *Prices are valid for 2022 only Between Bluewaters Island and The Beach, which are connected by a promenade, Bluewaters Bay redefines waterfront living. A direct access to the complex is through the Bluewaters Bridge, which is connected to the Sheikh Zayed Road. Bluewaters Marine Transport Station and Bluewaters Island 1 bus station are both located within walking distance of Bluewaters Bay, which will make it easy for you to commute around the rest of the city. It is expected that Bluewaters Bay will be completed in Q2 2027, which means you have plenty of time to purchase a property here at a discounted price, since construction is still in its infancy. As part of our flexible payment plan, our real estate agents can provide you with detailed information. With Bluewaters Bay, you'll enjoy unparalleled views of the world's most iconic attraction, Ain Dubai, as well as the sea and an abundance of world-class amenities nearby. When Bluewaters Bay is ready for handover, it might be worth considering not only living here yourself, but also renting out the property either for long-term or short-term leases.. Tourists and those who want to live on a secluded island and enjoy excellent connectivity to Dubai will be attracted to the area. It is a good idea to take a look at the Bluewaters Residences indicators if you are interested in earning potential rental income. With an initial rental price of AED 250,000 (USD 68,000), 1-bedroom apartments generate a gross average ROI of 7.5% in this mega-project developed by Meraas Holding. In addition, 1-bedroom apartments cost AED 2,340 (USD 637) daily and AED 24,000 (USD 6,500) monthly respectively. One can obtain a 10-year Golden Visa when investing in a completed property worth AED 2,000,000 (USD 545,000). In addition to sponsoring your family and domestic staff, this long-term residency program lets you obtain an Esaad card in Dubai. When Bluewaters Bay is ready, you can apply for a Golden Visa and bring your spouse and children to the UAE.

Features & Amenities

Location