Bluewaters Residences is a waterfront community with ready luxurious apartments and located on a private island near the world’s largest Ain Dubai 230-meters observation wheel. The community comprises ten residential buildings that feature apartments in Bluewaters Island for sale with 1 to 3 bedrooms and penthouses
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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.
to Downtown Dubai
to Dubai Marina
to DXB Airport
to DWC Airport
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Investing in off-plan properties in Dubai offers numerous benefits, including lower prices, flexible payment plans, customization opportunities, and the potential for capital appreciation. You have a range of options, from various reputable developers to branded properties offering high-quality real estate. Whether looking for a luxurious beachfront property or a family-friendly community, you can find an off-plan real estate in Dubai.
Dubai Off-Plan Realty can help you with the following steps on your off-plan real estate purchase journey:
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.
Although Ain Dubai is not yet officially opened, it’s still an impressive, record-breaking development to be completed soon. Upon completion it will be 210 metres (689 ft.) height, which is higher than High Roller in Las Vegas and the London Eye in London. This wheel can carry up to 1,400 passengers in its 48 capsules provided by French company POMA. Tourists will enjoy the views of Dubai Marina and some of the city’s renowned landmarks including the man-made island Palm Jumeirah. It will also have an entertainment area with a 260 ft. LED screen.
The island will soon have six new restaurants in addition to the beachfront cafes and restaurants. Caesar’s Palace offers famous Gordon Ramsay’s Hell’s Kitchen and Cove Beach. Some of the Bluewaters Island’s restaurants are already opened for business. For breakfast, brunch or a cup of coffee one can visit The Coffee Club or La Brioche. For international cuisines The London Project and Alici are the most recommended.
Like most of the waterfront residences in Dubai, Bluewaters Residences provides access to private beaches inside the community. If this isn’t enough one can travel to The Beach at JBR via the pedestrian bridge and enjoy fun activities there including various watersports.
Senior Sales Advisor
of Dubai Off Plan
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