Bluewaters Bay: AED 2.85M to AED 42M on Dubai's Island Address
The price range is the first thing to understand. AED 2,850,000 to AED 42,438,000 is not a misprint. It reflects two distinct products under one project name. At the lower end, apartments. At the upper end, penthouses with private gardens, private jacuzzis, and direct landmark views. Meraas Holding developed the project on Bluewaters Island, with construction underway since February 2023 and handover targeted for March 2027.
What the Bluewaters Address Delivers
Bluewaters Island sits off the JBR coastline, connected to the mainland by a bridge and a monorail. It is a low-density island in a city that has few of them. The island's retail and dining strip runs along a walkable spine, and Ain Dubai anchors the northern end. Living here means a car-light day-to-day routine is possible in a way that most Dubai communities do not offer. JBR beach is minutes away on foot. Dubai Marina is under ten minutes by car. The island sits closer to the city core than Palm Jumeirah while delivering a comparable sense of address.
What the AED 2.85M to AED 42M Spread Means
The range is wide, and the reason is structural. Apartments at the entry end represent a realistic price for an island-address unit in this part of Dubai. Penthouses at the top carry the full premium: private outdoor space, jacuzzi, elevated water and landmark views, and the floor area that comes with a top-of-building product. A buyer at AED 2.85M and a buyer at AED 42.4M are not shopping in the same segment. The headline range spans both.
Apartments and Penthouses
The project offers apartments and penthouses. Apartments are better suited to investors prioritising liquidity and location. Penthouses are end-user products: they carry private outdoor space and larger floor plates that push price well above the apartment range. The Vastu-compliant designation in the amenities list may appeal to buyers for whom that is a purchase criterion.
The Amenity Set
| Category | Items |
|---|---|
| Fitness and wellness | Gymnasium, Shared Gym, Shared Pool, Shared Spa, Children's Pool |
| Private outdoor | Balcony, Private Garden, Private Jacuzzi, Barbecue Area |
| Services and comfort | Concierge, Security, Covered Parking, Central A/C, Lobby in Building |
| Interiors | Built-in Wardrobes, Walk-in Closet, Kitchen Appliances |
| Views and lifestyle | View of Water, View of Landmark, Pets Allowed, Vastu-compliant |
| Family | Children's Play Area |
Private garden and private jacuzzi are not standard inclusions in a mixed apartment-penthouse scheme. Their presence confirms that the upper-tier units offer genuinely private outdoor living, not just a shared rooftop. The concierge, spa, and shared gym together signal a full-service building rather than a self-managed one. The target resident is someone who wants building services and private outdoor space to coexist.
Nine Months to Handover
Construction started in February 2023. Completion is scheduled for March 2027, placing handover roughly nine months from today. Most of the build is already behind the project. An off-plan buyer entering now carries significantly less delivery uncertainty than one who committed at launch. The short remaining timeline is a practical advantage for buyers who want to avoid a long off-plan wait.
Getting In for 20%
| Stage | Share |
|---|---|
| Down payment | 20% |
| During construction | 60% |
| At handover | 20% |
The 20% down payment is standard for Dubai off-plan. Construction-period payments account for the majority of the purchase price, spread across a build that is nearly complete. The final 20% falls due at handover in March 2027. Full settlement happens at handover, with no payment obligation extending beyond that date.