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Bluewaters Island

An island off the Jumeirah Beach Residence coast containing sleek residential, hospitality and retail, plus the Ain Dubai Ferris Wheel. A prime apartment market where most homes sell ready.

Bluewaters Island, Dubai

01 / Transactions

Latest Bluewaters Island transactions

Registered transactions. Prices in AED.
PropertyPricePer sq ftSpecsRecordedOpen
AED 2,961,923AED 1,805 per sq ft2 beds1,641 sq ft12 Oct 2026Mortgage
AED 9,230,000AED 5,562 per sq ft2 beds1,659 sq ft9 Oct 2026Sale
AED 9,600,000AED 4,572 per sq ft3 beds2,100 sq ft28 Sept 2026Mortgage
AED 25,000,000AED 3,827 per sq ft4 beds6,532 sq ft28 Sept 2026Sale
AED 6,240,000AED 3,173 per sq ft2 beds1,966 sq ft25 Sept 2026Mortgage
AED 5,584,057AED 2,658 per sq ft3 beds2,101 sq ft21 Sept 2026Gift
AED 3,902,098AED 2,426 per sq ft2 beds1,609 sq ft21 Sept 2026Mortgage
AED 36,000,000AED 5,317 per sq ft4 beds6,771 sq ft18 Sept 2026Sale
AED 6,200,009AED 5,543 per sq ft1 bed1,119 sq ft14 Sept 2026Gift
AED 5,700,000AED 2,707 per sq ft3 beds2,106 sq ft14 Sept 2026Mortgage
AED 9,500,000AED 4,512 per sq ft3 beds2,106 sq ft14 Sept 2026Sale
AED 6,821,515AED 2,643 per sq ft4 beds2,581 sq ft10 Sept 2026Gift
AED 6,900,000AED 4,349 per sq ft2 beds1,587 sq ft1 Sept 2026Mortgage
AED 11,500,000AED 7,248 per sq ft2 beds1,587 sq ft1 Sept 2026Sale
AED 4,875,391AED 2,244 per sq ft3 beds2,173 sq ft15 Aug 2026Sale
AED 2,830,000AED 2,453 per sq ft1 bed1,154 sq ft6 Aug 2026Sale
AED 6,600,000AED 4,298 per sq ft2 beds1,536 sq ft5 Aug 2026Sale
AED 12,000,000AED 6,034 per sq ft3 beds1,989 sq ft4 Aug 2026Sale
AED 2,245,950AED 1,369 per sq ft2 beds1,641 sq ft28 Jul 2026Mortgage
AED 15,650,200AED 7,411 per sq ft3 beds2,112 sq ft27 Jul 2026Sale
AED 5,471,257AED 2,570 per sq ft3 beds2,129 sq ft20 Jul 2026Gift
AED 5,471,257AED 2,570 per sq ft3 beds2,129 sq ft20 Jul 2026Gift
AED 2,444,000AED 1,202 per sq ft3 beds2,033 sq ft15 Jul 2026Mortgage
AED 7,100,000AED 4,737 per sq ft2 beds1,499 sq ft13 Jul 2026Sale
AED 5,217,078AED 2,483 per sq ft3 beds2,101 sq ft3 Jul 2026Gift

02 / About

About Bluewaters Island

There are ten residential buildings on Bluewaters Island as well as two 5-star luxury hotels providing 479 guest rooms and suites.

The apartment buildings contain 698 one-, two-, three- and four-bedroom, glass-fronted apartments, each with one or two parking spaces. There are also four penthouses and 17 townhouses.

The star attraction here is the Ain Dubai Ferris Wheel (formerly known as the Dubai-Eye), making Bluewaters one of the top tourist destinations in the Middle East. At 230 metres tall it is the biggest in the world and offers unobstructed views over the entire city.

Amenities for residents include state-of-the-art gymnasiums, swimming pools, landscaped gardens, basketball courts and children’s play areas.

The four penthouses have 360-degree views of the Arabian Gulf, Dubai Marina, Ain Dubai and the Dubai skyline, and offer generous indoor and outdoor spaces, with five bedrooms, en-suite bathrooms and extended living areas.

The interiors at Bluewaters Residences are finished to the highest standards, in a minimalist style with a neutral palette, with full height windows in all apartments.

Bluewaters Island at a glance

Area
Dubai Marina
Developer
Meraas Holding

Homes, design and facilities

Amenities include a basketball court, children's play areas, grassy playgrounds, open spaces, restaurants and shops, and swimming pools.

  • basketball court
  • children's play areas
  • grassy playgrounds
  • open spaces
  • restaurants and shops
  • swimming pools

Getting around

Dubai Mall
18 min
Palm Jumeirah
10 min
Burj Al Arab
16 min
The Walk JBR
12 min

Travel times are approximate driving estimates reported by the source and vary with route and traffic.

Construction and handover

The project was completed in Oct 2018.

Construction Finished
October 2018

Nearby neighbourhoods

  • Jumeirah Beach Residence1.5 km
  • Dubai Marina1.6 km
  • Jumeirah Lakes Towers2.4 km
  • Emaar Beachfront2.9 km

Bluewaters Island recorded 59 market sales from 8 Jan 2026 – 9 Oct 2026, at a median price of AED 9,000,000 (AED 5,233/sqft). Bluewaters Island's median price per sqft (AED 5,233/sqft) is 201% above the Dubai median (AED 1,737/sqft).

03 / Prices

Bluewaters Island prices by property type and bedrooms

Median prices of market sales; open a row for that segment's own price page.

Market sale medians. Prices in AED.
PropertySalesMedian · AEDAED / sqftOpen
1-Bedroom Apartments821 – 1,154 sqft
145.63M AED4,928
2-Bedroom Apartments1,448 – 1,826 sqft
207.73M AED4,747
3-Bedroom Apartments1,828 – 2,173 sqft
2012.13M AED6,034
4-Bedroom Apartments2,459 – 6,771 sqft
422.23M AED5,912
5+ bedroom apartments9,415 sqft
190M AED9,559

04 / Rents

Renting in Bluewaters Island

From 11 registered market rents. Gross yield: apartment rent per sqft against the sale price per sqft.

Median rent / yr
AED 350,000
Per sqft / yr
AED 236/sqft
Gross yield
4.5%

Market pulse / weekly

Bluewaters Island sale price history

Weekly median of market sales (sales, mortgages and gifts are not mixed). Periods without sales are not shown.

Median sale price · AED

Registered market sales only

View data table
Exact figures behind the chart
PeriodSalesMedian · AEDAED / sqft
Week of 5 Jan 2026Total AED 27,180,0003AED 9,900,000AED 5,415/sqft
Week of 12 Jan 2026Total AED 46,825,0004AED 10,500,000AED 6,087/sqft
Week of 19 Jan 2026Total AED 14,400,0001AED 14,400,000AED 6,627/sqft
Week of 26 Jan 2026Total AED 37,867,0934AED 7,075,000AED 4,739/sqft
Week of 2 Feb 2026Total AED 60,400,0006AED 10,050,000AED 5,451/sqft
Week of 9 Feb 2026Total AED 11,500,0001AED 11,500,000AED 5,787/sqft
Week of 16 Feb 2026Total AED 28,750,0004AED 7,350,000AED 5,179/sqft
Week of 23 Feb 2026Total AED 24,150,0003AED 7,800,000AED 5,587/sqft
Week of 2 Mar 2026Total AED 5,750,0001AED 5,750,000AED 4,982/sqft
Week of 9 Mar 2026Total AED 20,000,0002AED 10,000,000AED 5,432/sqft
Week of 16 Mar 2026Total AED 15,300,0002AED 7,650,000AED 5,403/sqft
Week of 23 Mar 2026Total AED 14,600,0002AED 7,300,000AED 5,456/sqft
Week of 30 Mar 2026Total AED 90,000,0001AED 90,000,000AED 9,559/sqft
Week of 13 Apr 2026Total AED 16,000,0001AED 16,000,000AED 6,507/sqft
Week of 27 Apr 2026Total AED 18,650,0002AED 9,325,000AED 4,505/sqft
Week of 4 May 2026Total AED 13,100,0001AED 13,100,000AED 6,204/sqft
Week of 11 May 2026Total AED 7,150,0002AED 3,575,000AED 4,873/sqft
Week of 18 May 2026Total AED 18,000,0001AED 18,000,000AED 8,572/sqft
Week of 8 Jun 2026Total AED 12,990,0001AED 12,990,000AED 6,420/sqft
Week of 15 Jun 2026Total AED 16,950,0003AED 5,225,000AED 4,590/sqft
Week of 22 Jun 2026Total AED 6,518,0001AED 6,518,000AED 4,501/sqft
Week of 29 Jun 2026Total AED 16,500,0002AED 8,250,000AED 4,456/sqft
Week of 13 Jul 2026Total AED 7,100,0001AED 7,100,000AED 4,737/sqft
Week of 27 Jul 2026Total AED 15,650,2001AED 15,650,200AED 7,411/sqft
Week of 3 Aug 2026Total AED 21,430,0003AED 6,600,000AED 4,298/sqft
Week of 10 Aug 2026Total AED 4,875,3911AED 4,875,391AED 2,244/sqft
Week of 31 Aug 2026Total AED 11,500,0001AED 11,500,000AED 7,248/sqft
Week of 14 Sept 2026Total AED 45,500,0002AED 22,750,000AED 4,914/sqft
Week of 28 Sept 2026Total AED 25,000,0001AED 25,000,000AED 3,827/sqft
Week of 5 Oct 2026Total AED 9,230,0001AED 9,230,000AED 5,562/sqft

05 / Projects

Projects in Bluewaters Island

Ranked by number of market sales.

Ranked by number of market sales.
ProjectSalesMedian · AEDAED / sqftOpen
01
Bluewaters Residences821 – 9,415 sqft
599M AED5,233

06 / Nearby

Communities with comparable activity and prices.

Areas ranked by market sales. Prices in AED.
CommunitySalesMedian · AEDAED / sqftOpen
8,0981.01M AED1,468
2,389963.14K AED1,345
2,2601.14M AED1,678
2,074900K AED1,320
1,6891.95M AED2,027
1,6341.6M AED1,625
8005.5M AED3,425
7052.44M AED4,062