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Bluewaters Island

What apartments in Bluewaters Island cost, how prices and rents have moved since 2019, every building with its figures, and what it is like to live there. All of it from Dubai Land Department records.

Bluewaters Island · last 12 monthsUpdated 10 November 2026
Typical price per sqftAED 4,831Down 1.0% on the year
Typical saleAED 7.85M118 sales
Typical rentAED 400K /yrAED 260 per sqft
Typical yield5.4%1-beds 6.1% · 4-bed+s 4.3%

About Bluewaters Island

Bluewaters Island is a man-made, mixed-use island off the coast of Jumeirah Beach Residence (JBR) in Dubai. Meraas is the master developer. The island is home to Ain Dubai, the observation wheel, and has hotels and restaurants alongside its homes. The residential side has 12 buildings with 1,393 apartments. The first were completed in 2019, and the latest are due for completion in 2027. Blue Waters Residential is one of the main developers. The largest buildings include Bluewaters Bay Building 1, Bluewaters Bay Building 2 and Bluewaters Residences 8. A pedestrian bridge links the island to JBR, and a road bridge connects it directly to Sheikh Zayed Road. The Wharf shopping and dining area is within walking distance, about 100 m away. Apogée Clinic is about 1 km away and a dog playground about 1.1 km away. The nearest metro stop, DMCC Metro Station, is about 2 km away.

Bluewaters Island is an apartment district of about 1,393 apartments, built from 2019 onwards. Ten buildings are complete and another two are under construction. A typical building here has about 75 homes; the tallest, Bluewaters Residences 8, has 16 floors. Every building was built by one developer, Blue Waters Residential.

Over the last 12 months 116 apartments changed hands in Bluewaters Island at a median of AED 4,823 per sqft, down 0.6% on the year before. The typical sale was AED 7.8M for a 1,650 sqft apartment. Two-beds are the largest share of the apartments at 38%, followed by one-beds at 28%; three-beds are 27% and four-beds and larger make up 7%. Rents run at AED 258 per sqft a year, a gross yield of 5.3% at today's prices, below the Dubai-wide 6.0%.

204 rental contracts were registered in the same 12 months, 33% of them renewals, and a typical apartment rents for AED 400,000 a year.

YallaValue estimates what the homes in Bluewaters Island are worth today, home by home, and updates the estimates daily. An estimate is free: find the building in the list in this guide, choose the home and verify once by WhatsApp, email or Google.

Buildings
10
Under construction
2
Homes
about 1,393
First completions
2019

In this guide

  1. About Bluewaters Island
  2. Average prices by type
  3. What is in Bluewaters Island
  4. Prices and rents over time
  5. Every sale: the chart and the table
  6. Every building, with figures
  7. Rents and yields
  8. Who builds in Bluewaters Island
  9. Buying or renting in Bluewaters Island
  10. Living in Bluewaters Island
  11. Nearby areas compared
  12. Questions about Bluewaters Island

Bluewaters Island, DubaiOpen the map →

Average prices in Bluewaters Island

In Bluewaters Island, typical sale prices over the last 12 months were around AED 3.8M for one-beds, AED 7M for two-beds, AED 12M for three-beds and AED 19.4M for four-beds and larger. Per square foot the larger homes cost more too: four-beds and larger at about AED 6,507 against AED 3,981 for one-beds. Sales ranged from AED 989,000 to AED 90M, and 39 of the 116 were two-beds, the most traded type.

Off-plan sales were 28% of the last 12 months (32 of 116), down from 33% the year before. Off-plan homes went for AED 3,717 per sqft against AED 5,575 for completed ones, 33% less.

TypeTypical pricePer sqftSales
1-bedAED 3,836,500AED 3,98130
2-bedAED 7,050,000AED 4,66640
3-bedAED 12,000,000AED 5,96039
4-bed+AED 19,450,000AED 6,5079
Off-plan share
27% · 32 of 118
Off-plan /sqft
AED 3,717
Completed /sqft
AED 5,575

Medians of the last 12 months of DLD sales, per type. A change needs ten records in each year.

What is in Bluewaters Island

About 28% of Bluewaters Island's apartments are studios and one-beds; even so the typical sale here, 1,650 sqft, is larger than the Dubai median of about 826 sqft. There are no villas or townhouses. The two buildings under construction add about 678 homes, half of today's stock, with handovers in 2027.

TypeHomesShareTypical size
1-bed38528%799–1,119 sqft
2-bed53138%1,310–1,671 sqft
3-bed37927%2,023–2,101 sqft
4-bed+987%2,466–3,050 sqft
Under construction2 buildings · about 678 homes
2027
2 buildings678 homes
Tallest, 16 floors
Bluewaters Residences 8
Typical building
75 homes

Counted from DLD unit records of 10 completed buildings.

Price history in Bluewaters Island

2,0004,0006,0008,000May 2026Nov 20262025-11-13: AED 5,973, 3-bed, 2,109 sqft2025-11-14: AED 5,794, 2-bed, 1,608 sqft2025-11-14: AED 5,960, 3-bed, 2,097 sqft2025-11-17: AED 6,000, 3-bed, 2,100 sqft2025-11-19: AED 4,044, 1-bed, 804 sqft2025-11-19: AED 3,529, 2-bed, 987 sqft2025-11-25: AED 4,768, 3-bed, 2,097 sqft2025-11-25: AED 5,866, 2-bed, 1,705 sqft2025-11-26: AED 3,450, 2-bed, 1,681 sqft2025-11-26: AED 5,319, 3-bed, 2,115 sqft2025-11-27: AED 3,619, 1-bed, 799 sqft2025-11-27: AED 3,971, 1-bed, 925 sqft2025-11-27: AED 9,354, 4-bed, 2,459 sqft2025-12-03: AED 3,712, 1-bed, 922 sqft2025-12-06: AED 4,010, 2-bed, 966 sqft2025-12-08: AED 3,376, 3-bed, 2,055 sqft2025-12-08: AED 6,047, 2-bed, 1,488 sqft2025-12-09: AED 3,520, 1-bed, 799 sqft2025-12-10: AED 6,994, 4-bed, 2,531 sqft2025-12-11: AED 2,112, 2-bed, 1,641 sqft2025-12-11: AED 6,952, 3-bed, 2,129 sqft2025-12-15: AED 6,892, 3-bed, 2,104 sqft2025-12-16: AED 3,527, 1-bed, 799 sqft2025-12-17: AED 3,826, 1-bed, 1,307 sqft2025-12-18: AED 3,899, 1-bed, 1,154 sqft2025-12-18: AED 6,343, 3-bed, 1,876 sqft2025-12-19: AED 6,990, 2-bed, 1,595 sqft2025-12-23: AED 4,812, 3-bed, 2,130 sqft2025-12-24: AED 2,383, 2-bed, 415 sqft2025-12-24: AED 5,843, 2-bed, 1,609 sqft2025-12-24: AED 6,484, 3-bed, 2,097 sqft2025-12-25: AED 6,005, 3-bed, 2,023 sqft2025-12-26: AED 5,957, 3-bed, 2,115 sqft2025-12-30: AED 5,399, 3-bed, 2,111 sqft2026-01-05: AED 3,756, 1-bed, 922 sqft2026-01-08: AED 5,346, 1-bed, 1,119 sqft2026-01-08: AED 5,415, 3-bed, 1,828 sqft2026-01-08: AED 7,044, 2-bed, 1,604 sqft2026-01-12: AED 5,139, 1-bed, 1,133 sqft2026-01-12: AED 5,636, 3-bed, 2,129 sqft2026-01-12: AED 7,033, 3-bed, 2,033 sqft2026-01-14: AED 3,959, 1-bed, 799 sqft2026-01-15: AED 3,846, 2-bed, 1,742 sqft2026-01-16: AED 3,267, 3-bed, 2,045 sqft2026-01-16: AED 9,536, 3-bed, 2,097 sqft2026-01-22: AED 6,627, 3-bed, 2,173 sqft2026-01-26: AED 4,757, 2-bed, 1,503 sqft2026-01-26: AED 7,910, 4-bed, 2,459 sqft2026-01-27: AED 4,720, 2-bed, 1,483 sqft2026-01-27: AED 5,410, 4-bed, 3,050 sqft2026-01-28: AED 2,336, 2-bed, 1,826 sqft2026-02-02: AED 4,416, 2-bed, 1,257 sqft2026-02-02: AED 4,262, 3-bed, 2,112 sqft2026-02-03: AED 5,148, 1-bed, 1,146 sqft2026-02-03: AED 4,667, 2-bed, 1,639 sqft2026-02-05: AED 6,900, 2-bed, 1,609 sqft2026-02-05: AED 6,811, 3-bed, 2,129 sqft2026-02-06: AED 5,754, 3-bed, 2,129 sqft2026-02-06: AED 5,156, 4-bed, 3,050 sqft2026-02-09: AED 3,463, 1-bed, 801 sqft2026-02-10: AED 5,787, 3-bed, 1,987 sqft2026-02-12: AED 3,722, 2-bed, 985 sqft2026-02-16: AED 5,725, 2-bed, 1,659 sqft2026-02-17: AED 3,990, 1-bed, 802 sqft2026-02-17: AED 3,942, 1-bed, 1,154 sqft2026-02-17: AED 3,785, 3-bed, 2,061 sqft2026-02-17: AED 5,329, 2-bed, 1,670 sqft2026-02-20: AED 5,027, 1-bed, 1,154 sqft2026-02-24: AED 6,346, 2-bed, 1,592 sqft2026-02-25: AED 4,700, 2-bed, 1,659 sqft2026-02-26: AED 5,587, 1-bed, 1,119 sqft2026-02-27: AED 4,188, 3-bed, 2,041 sqft2026-03-03: AED 4,982, 1-bed, 1,154 sqft2026-03-10: AED 6,198, 3-bed, 2,097 sqft2026-03-12: AED 4,665, 2-bed, 1,500 sqft2026-03-17: AED 4,834, 1-bed, 1,138 sqft2026-03-17: AED 5,972, 2-bed, 1,641 sqft2026-03-24: AED 3,868, 1-bed, 1,137 sqft2026-03-27: AED 7,042, 2-bed, 1,448 sqft2026-03-30: AED 4,456, 2-bed, 1,257 sqft2026-03-30: AED 9,559, 5-bed, 9,415 sqft2026-04-13: AED 6,507, 4-bed, 2,459 sqft2026-04-28: AED 4,047, 3-bed, 2,100 sqft2026-04-30: AED 4,962, 3-bed, 2,045 sqft2026-05-07: AED 6,203, 3-bed, 2,112 sqft2026-05-12: AED 5,967, 3-bed, 528 sqft2026-05-14: AED 3,655, 2-bed, 985 sqft2026-05-14: AED 4,872, 1-bed, 821 sqft2026-05-19: AED 8,572, 3-bed, 2,100 sqft2026-06-03: AED 4,160, 1-bed, 797 sqft2026-06-13: AED 6,419, 3-bed, 2,023 sqft2026-06-18: AED 5,672, 1-bed, 1,146 sqft2026-06-19: AED 4,590, 1-bed, 1,138 sqft2026-06-19: AED 4,590, 1-bed, 1,138 sqft2026-06-22: AED 3,552, 1-bed, 799 sqft2026-06-24: AED 4,500, 2-bed, 1,448 sqft2026-07-09: AED 3,433, 1-bed, 806 sqft2026-07-13: AED 4,736, 2-bed, 1,499 sqft2026-07-27: AED 7,411, 3-bed, 2,112 sqft2026-07-30: AED 4,146, 2-bed, 1,254 sqft2026-08-04: AED 6,034, 3-bed, 1,989 sqft2026-08-05: AED 4,298, 2-bed, 1,536 sqft2026-08-06: AED 2,453, 1-bed, 1,154 sqft2026-08-08: AED 3,394, 2-bed, 1,681 sqft2026-08-15: AED 2,243, 3-bed, 2,173 sqft2026-08-17: AED 3,276, 2-bed, 1,681 sqft2026-09-01: AED 7,247, 2-bed, 1,587 sqft2026-09-14: AED 4,511, 3-bed, 2,106 sqft2026-09-18: AED 5,316, 4-bed, 6,771 sqft2026-09-28: AED 3,827, 4-bed, 6,532 sqft2026-10-09: AED 5,562, 2-bed, 1,659 sqft2026-10-16: AED 4,343, 2-bed, 2,095 sqft2026-10-21: AED 3,637, 2-bed, 1,682 sqft2026-10-29: AED 4,057, 1-bed, 799 sqft2026-10-29: AED 3,836, 3-bed, 2,057 sqft2026-11-02: AED 3,554, 2-bed, 985 sqft2026-11-05: AED 4,827, 2-bed, 1,636 sqft2026-11-10: AED 7,423, 3-bed, 2,115 sqftTrend: AED 5,114 to AED 4,658

Every registered sale in Bluewaters Island in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.

Transaction history in Bluewaters Island

Over the last 12 months Bluewaters Island recorded 118 sales; typical homes sold for around AED 7.85M (about AED 4,831 per sqft); with a median size of 1,650 sqft; most were 2-beds; from roughly AED 989K to AED 90M.

1–10 of 2,304

Buildings in Bluewaters Island

10 completed · 2 under construction
Bluewaters Residences 3BuildingAED 5,3464.9%15
Bluewaters Residences 2BuildingAED 5,7305.0%12
Bluewaters Residences 4BuildingAED 5,7544.0%11
Bluewaters Residences 7BuildingAED 4,9825.2%11
Bluewaters Residences 6BuildingAED 5,2954.9%10
Bluewaters Residences 8BuildingAED 6,0004.6%9
Bluewaters Residences 9BuildingAED 5,9674.1%7
Bluewaters Residences 10BuildingAED 4,7205.0%5
Bluewaters Residences 5BuildingAED 4,6675.5%5
Bluewaters Residences 1BuildingAED 4,7366.0%1

The eight busiest buildings account for 78 of Bluewaters Island's 116 sales in the last 12 months: Bluewaters Residences 3, Bluewaters Residences 4, Bluewaters Residences 7, Bluewaters Residences 2 and Bluewaters Residences 6 and three more. Gross yields run from 4.0% to 5.5% across the buildings with enough sales and lets to measure. The newest are Bluewaters Residences 3 (2019) and Bluewaters Residences 4 (2019); the oldest, Bluewaters Residences 3, handed over in 2019. Every building links to its own page with each unit's sales and rents.

Every building in Bluewaters Island, A to Z

Rents and yields in Bluewaters Island

Last 12 months
1-bedAED 280,000AED 2426.1%
2-bedAED 421,000AED 2605.6%
3-bedAED 550,000AED 2694.5%
4-bed+AED 976,150AED 2824.3%
New contract vs renewal
+1%
Renewals
34% of 206

204 rental contracts were registered in Bluewaters Island in the last 12 months, 33% of them renewals. New contracts and renewals were signed at much the same rate per sqft. Gross yields run from 6.1% on one-beds to 4.2% on four-beds and larger, before service charges of AED 29 to 29 per sqft a year.

Ejari registrations via Dubai Land Department; yields use the same 12 months of sales.

Who builds in Bluewaters Island

1 developer
  • Blue Waters Residential10 buildingsAED 5,321 /sqft

Blue Waters Residential built every one of Bluewaters Island's 10 completed buildings, so the area has one look, one management company and one service charge regime.

Buying or renting in Bluewaters Island

Buying

Expect a 20% deposit as a UAE resident or 25% as a non-resident on a home under AED 5M, plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. On a typical one-bed at AED 3.8M, that is AED 767,000 down and AED 153,000 in transfer fee. Before offering, check the service charge per sqft on the building page (AED 29 to 29 across Bluewaters Island), the registered size against the marketed one, and whether the unit has sold before and at what price.

Mortgage calculator →Service charges by building →

Renting

A typical one-bed rents for AED 280,000 a year and a two-bed AED 421,000. Increases on renewal are capped by the RERA rental index. Landlords in Dubai usually take one to four cheques and a 5% security deposit, and every contract is registered on Ejari, which is where the figures on this page come from.

Rents by type and building →Rent increase calculator →

Living in Bluewaters Island

Most of Bluewaters Island's buildings are small, with a typical 75 homes each. Service charges run from AED 29 to 29 per sqft a year, set building by building and listed on each building page.

Nearby areas compared

All Dubai areas →
AreaSale /sqftYieldBuildings
Bluewaters Island AED 4,8315.4%10
Jumeirah Beach ResidenceAED 1,7395.4%38
Dubai MarinaAED 1,9355.5%143
Jumeirah Lake Towers (JLT)AED 1,6116.3%79
Dubai HarbourAED 3,7004.5%36
Jumeirah HeightsAED 2,4173.6%7
The HillsAED 2,5425.1%5

Bluewaters Island is about 178% dearer per square foot than Jumeirah Beach Residence, its nearest neighbour, at AED 4,823 against AED 1,738. Jumeirah Lake Towers (JLT) is the cheapest nearby at AED 1,620.

Bluewaters Island in numbers

  • Across 116 DLD sales in the 12 months to 9 November 2026, the median price in Bluewaters Island was AED 4,823 per sqft and the typical apartment sold for about AED 7.8M.
  • Prices are down 0.6% on the year, 124% over five years and 122% since 2019; rents down 0.7% and 90.9% over the same periods.
  • 10 completed buildings and 2 under construction from 1 developer; about 1,393 homes, 28% of the apartments studios and one-beds.
  • Gross yields of 6.1% on one-beds, 5.6% on two-beds, 4.5% on three-beds and 4.2% on four-beds and larger, before service charges of AED 29 to 29 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 November 2026.

Questions about Bluewaters Island

How much does an apartment in Bluewaters Island cost?

Over the 12 months to 9 November 2026 the median was AED 4,823 per sqft, and one-beds sold for around AED 3.8M, two-beds sold for around AED 7M, three-beds sold for around AED 12M and four-beds and larger sold for around AED 19.4M.

Have prices in Bluewaters Island gone up?

No: down 0.6% in the 12 months to 9 November 2026 and up 124% over five years, on the monthly median of every registered sale. Over the whole record they are 122% above the 2019 level.

What is the rental yield in Bluewaters Island?

About 5.3% gross across all types at today's prices: 6.1% on one-beds, 5.6% on two-beds, 4.5% on three-beds and 4.2% on four-beds and larger, before service charges of AED 29 to 29 per sqft a year.

Which are the most traded buildings in Bluewaters Island?

Bluewaters Residences 3 (15 sales), Bluewaters Residences 4 (11 sales), Bluewaters Residences 7 (11 sales), Bluewaters Residences 2 (10 sales) and Bluewaters Residences 6 (10 sales) in the last 12 months.

What is the service charge in Bluewaters Island?

Between AED 29 and AED 29 per sqft a year, set building by building; Bluewaters Residences 3 is AED 28.99. Each building page lists its own.

How many buildings are there in Bluewaters Island?

10 completed apartment buildings and two under construction, with about 1,393 homes between them. Every one has its own page here.

What does it cost to rent in Bluewaters Island?

The median contract in the 12 months to 9 November 2026 was AED 400,000 a year: AED 280,000 for one-beds, AED 421,000 for two-beds, AED 550,000 for three-beds and AED 972,299 for four-beds and larger, across 204 Ejari registrations.

What is my home in Bluewaters Island worth?

YallaValue keeps an estimate for the homes in Bluewaters Island, home by home, updated daily. It is free: find the building in the list in this guide, choose the home and verify once by WhatsApp, email or Google. For a guide before that: the median across 118 sales in Bluewaters Island over the last 12 months was AED 4,831 per sqft.

For sale with OpenOffers in Bluewaters Island

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