Bluewaters Bay T1 (offplan)
1 BR · Apartment
About the building
53-storey residential building in Bluewaters Island.
Specifications for Bluewaters Bay Tower 1 per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by project — accurate to the development, not the door.
Bluewaters Island
A small island off JBR built around Ain Dubai: low unit count, high specification, and a short bridge to the mainland.
- low-density waterfront
- upmarket short-let
- capital preservation
What to check: The market here is small, so comparable transactions are few and resale takes longer than on the mainland. Buy it as a long hold and confirm the service charge, which is high by Dubai standards for a low unit count.
Full district guide →Questions and answers about lot NP6-467660
How much is this 1-bedroom apartment in Bluewaters Bay T1 (offplan)?
Lot NP6-467660 is priced at AED 17 250 000, about $4 697 000. The size is 2 900 sq ft (269 m²), which works out at AED 5 948 per sq ft.
Is there a discount on this lot?
There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.
How does this price compare with other lots in Bluewaters Bay T1 (offplan)?
The database holds 3 lots in Bluewaters Bay T1 (offplan) right now, from AED 5 100 000 to AED 17 250 000. At AED 5 948 per sq ft this lot is 51% above the median for the other lots in the project (AED 3 934).
Is this expensive or cheap for Bluewaters Island?
The database holds 142 lots in Bluewaters Island, starting from AED 1 800 000. The area median is AED 6 629 per sq ft; this lot, at AED 5 948, is 10% below it. 4 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Bluewaters Island area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 30%, here AED 5 175 000; a loan of AED 12 075 000 over 25 years at 3.75–4.99% a year comes to roughly AED 62 100–70 500 a month. A non-resident puts down from 40% (AED 6 900 000) and pays about AED 53 200–60 400 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 690 000 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 17 250 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Bluewaters Bay T1 (offplan)?
The building has 53 floors and 360 units. The developer is Meraas. Figures are from the project passport: Propsearch and the Dubai Land Department.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP6-467660 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
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