Bluewaters Residence 3

Nine storeys on Bluewaters, completed. Price per square foot: AED 5,707, at a size of around 2,050 square feet.

What it is

Bluewaters Residence 3 is a building within the Meraas Holding residential complex on Bluewaters island, 9 storeys, status "complete".

Our stock holds one listing of around 2,050 square feet for AED 11.7 million, at AED 5,707 per square foot.

Building 3 comes in below Buildings 2 and 4 (6,070–6,073) and noticeably below Building 7 (7,262).

Price per square foot by Bluewaters building

The spread between the island's buildings runs from AED 3,729 to AED 7,262 per square foot — nearly double.

An island where supply won't grow

Bluewaters in our database — 149 lots, median AED 10.7 million at AED 6,717 per square foot.

The island is small and fully built out: there will be no new buildings here. Low-rise construction adds to that — nine storeys means few apartments across the whole island.

It's this built-in scarcity, not the finishes or the brand, that holds the price per square foot above every district in the city — above Palm (4,781), Emaar Beachfront (4,578) and Downtown (3,720).

For a buyer, that makes the market predictable: supply won't grow, because there's nowhere left to build. But the entry price reflects that too.

propsearch passport: 9 storeys, developer Meraas Holding, status "complete". Our own stock as of 28 August 2026: the building's listing (size, price, price per square foot), calculations by island building, medians and prices per square foot for Bluewaters, Palm, Emaar Beachfront and Downtown.