Bluewaters Island
Photos and renders of the building and grounds — not of this particular unit.
Located in Bluewaters Island, completed in 2019.
Specifications for Bluewaters Residences per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Bluewaters Residences is a residential complex in Bluewaters Island, completed in 2019.
The database currently holds 8 lots in this project, from 1 800 000 AED; 3 of them priced below the market, the deepest discount 20%.
The residential portion of Bluewaters Island, completed 2019. Seven of our lots for 2–4 bedrooms, AED 7.8 to 18.8 million at AED 6,393/ft².
Bluewaters Residences is the residential development on Bluewaters Island, completion year 2019 per the listing; confirmed infrastructure includes parking. The island sits opposite JBR, is linked to the mainland by a footbridge, and its main landmark is the Ain Dubai observation wheel.
The residential portion is small — a set of low-rise buildings along the water. No new plots will appear on the island: it's fully built out, and that's the key fact for pricing.
Our seven lots are 2-, 3- and 4-bedroom apartments from 1,463 to 2,530 square feet, all ready.
Prices run from AED 7.8 to 18.8 million at an average price of around AED 6,393/ft². This is Dubai's top tier, comparable to the best Marina addresses and second only to the Palm crescent.
Six of seven lots carry a discount, averaging 8.7%. For the premium ready-market segment that's a meaningful figure — negotiating room exists on nearly every lot here.
Worth a separate note on data quality. For the neighbouring Bluewaters Residence 1 listing, the size field in our stock is filled in incorrectly, so a price per square foot can't be calculated for it. Here, sizes are plausible and consistent with bedroom counts, so the figures are given.
First — a narrow market. The island is small, deals are few, and there's no stable exit price. You'll have to look to neighbouring buildings and to JBR across the strait for benchmarks.
Second — orientation. Some apartments face open sea and the Palm, others face JBR and the island itself. The price difference is significant and persistent.
Third — seasonality. Bluewaters is a tourist spot with an observation wheel, restaurants and beach clubs. For a landlord that means high seasonal demand; for a resident, it means crowds on weekends.
propsearch listing (completion year, district, infrastructure) and our own stock as of 28 August 2026: 7 lots — price range, sizes, price per square foot, bedroom mix, readiness status, number of discounted lots and average discount size.
A neighbouring building on the island — Bluewaters Residence 1 →Handed over: 2019. The property is complete, so after the deal you can move in or put it on the rental market at once.
Bluewaters Island. A small island off JBR built around Ain Dubai: low unit count, high specification, and a short bridge to the mainland.
The database currently holds 8 lots in this project, from 1 800 000 AED; 3 of them priced below the market, the deepest discount 20%. Prices move every day, so it is worth asking for the current list for this building.
What has been written about the building, its developer and Bluewaters Island
A small island with an observation wheel, restaurants and a promenade that draws the whole city. For an owner it is both the main asset and the main drawback.
A Meraas island opposite JBR that spent almost three years with its anchor attraction switched off. What that did to retail, to housing and to short lets — a rare clean experiment in what an anchor is actually worth.
I will send the available layouts, the real entry price and what owners and tenants actually say about the building — without the brochure language.
Telegram is the fastest way — I answer personally.
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