BLUEWATERS RESIDENCES by Meraas Holding LLC in Bluewaters island, Dubai, UAE: prices from the developer, № 24163

Bluewaters Residences residential estate on Bluewaters Island, Dubai

Bluewaters Residences is a large residential estate located on Bluewaters – a small private island near the popular Palm Jumeirah artificial archipelago and Dubai Marina District. The island is famous for its huge 230-meter observation wheel which is considered to be the highest in the world.

Residential property options in Bluewaters Residences estate

Bluewaters’ sequestered city island offers various options of elite real estate in Dubai. Bluewaters Residences Estate consists of 17 spacious townhouses and 10 multi-story buildings with classic apartments and four penthouses.

Apartments’ floor plans include a large living room combined with a dining room, an enclosed kitchen area, a balcony with a view, large bedrooms, and several bathrooms. 107 m2 one-bedroom apartments have two bathrooms. Two-bedroom apartments have an area of 139 m2 and have 4 bathrooms, while 3-bedroom apartments with a total area of 195 m2 feature five bathrooms. Each apartment comes with one or more parking spaces.

Infrastructure on Bluewaters Island, Dubai

Bluewaters private island has a great inner infrastructure, meaning that residents can enjoy themselves without setting foot out of the island community.

Key amenities in Bluewaters Residences:

Private beach for estate residents only
Infinity swimming pool
Children’s playground
Enclosed area surrounded by a landscaped garden with a basketball court, an open-air infinity swimming pool, a children’s play area, and a fitness center
Pedestrian paths along the coast on two sides of the island
132 retail and catering facilities
Separate conference center building that accommodates 400 people
Huge hotel with 575 rooms
Theater that accommodates 500 people

Transport accessibility of Bluewaters Island

The island is connected to the mainland by two bridges – a 265-meter pedestrian bridge leads to the beach of Jumeirah Beach Residence, while the motorway bridge merges into an interchange, providing quick access from the Bluewaters Residences Estate to all Dubai’s major districts.

Bluewaters Island also has Bluewaters Marine Sea Station where you can take a ferry or a water taxi.

You will only need 12 minutes to reach Dubai Marina Walk – the iconic pedestrian street with an abundance of renowned restaurants, cozy cafes, and diverse shops. A drive to Topgolf Dubai, a large golf course, takes about 13 minutes. The underground station closest to the residential estate is 5.7 kilometers away, and the airport is a 30-minute drive away.

Retail outlets near Bluewaters Residences

Bluewaters Island houses the Bluewaters Island shopping mall located a few minutes’ walk away from the residential estate. Several big malls on the mainland are also quickly accessible. For instance, Ibn Battuta Mall famous for its lush interiors is only a 10-minute drive away from Bluewaters Residences. A trip to The Springs Souk and Mall of the Emirates shopping malls will take about 15 minutes.

Nearest schools

There are several schools near Bluewaters Residences estate:

The nearest international schools – Meadows and Winchester – are a 12-minute drive away
Sunmarke school is a 16-minute drive away

These educational establishments have a high ranking according to the city’s state inspectorate.

Investing in property in Bluewaters Residences, Dubai

Since the tourism sector in Dubai is booming, the value of housing in seaside districts is constantly on the rise. The same goes for rental prices. The wonderful infrastructure and seclusion of Bluewaters Island make this place very attractive to tourists from all over the world. All this means that investing in real estate in Bluewaters Residences in Dubai may yield a good profit when leasing the property and will also protect your money from inflation if you buy housing for personal use.

Features

Type of Complex

The premium-class residential real estate in Bluewaters Residences displays all the conditions for a life of luxury or an amazing holiday on the Persian Gulf coast. A long stretch of private beach will allow you to enjoy swimming in the ocean in a calm atmosphere, where you can relax with the sound of the waves. In the restaurants on the island, you can taste delicious dishes and drinks, or explore local shops that have all the necessary goods and products. Bluewaters Residences is suitable for families with children, as there are spacious family townhouses and choices of entertainment for the youngest within walking distance.

Uniqueness

The main feature of the Bluewaters Island community is the Ain Dubai Ferris Wheel, which is the highest in the world. The height of the structure reaches 230 meters, and the attraction has 48 cabins with air conditioning. The wheel accommodates 1,750 passengers and operates both day and night. A full turn of the wheel takes 38 minutes. There is an entertainment complex at the entrance to the attraction.

Another attraction of the island is Madame Tussauds Museum, where wax figures of international stars and celebrities of the Middle East are displayed.

Architecture and Design

The architecture of Bluewaters Residences is dominated by a classic urban style with straight, clear lines and an abundance of glass elements. The principal feature of all residential premises of the complex is a large number of panoramic windows. The penthouses boast gorgeous 360-degree views of the clear waters of the Persian Gulf, the marina, and the famous Dubai palm tree. The townhouses have open viewing areas.

The interior decor of the premises is designed in a modern minimalist style with a predominance of light shades that harmonize well with black details. The kitchen is equipped with state-of-the-art Italian appliances and seamless countertops.

Economic Attractiveness

Bluewaters Island is considered a popular place in Dubai, so buying an apartment or a townhouse in Bluewaters Residences can be safely considered a profitable investment. Rental rates in the area are quite high, so you can earn a good profit by renting out housing. Penthouses bring the highest annual yield of 7.1%. Owners of one-bedroom apartments can expect a profit of up to 6.2% per year. Apartments with two and three bedrooms bring landlords 5.8 and 5.9% annual profit.

Builder

Blue waters Residences is one of the many luxury projects of Meraas, founded in Dubai in 2007. The developer is one of the largest in Dubai and its key concept is the promotion of activity and a healthy lifestyle in the city. Meraas creates entire districts with restaurants, entertainment centers, retail facilities, and medical institutions.

The developer pays special attention to innovation and luxury design, offering its customers the highest quality product. Among the developments of Meraas are such projects as Bulgari Residences, City Walk Residences, and Port de La Mer among many others.