Bluewaters Island
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","Title":"Are you looking for a property in Bluewaters Island?
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","Title":null,"moduleClass":null,"moduleId":null,"sectionSpacing":null,"id":"6a0b09bbe6ab5d2e37627637"}},{"moduleType":"NormalText","moduleData":{"Text":"The island's finite and largely completed masterplan — 698 apartments across 10 mid-rise buildings, 17 exclusive townhouses, penthouses, two major hotels and 160+ retail and dining outlets — creates genuine scarcity within one of Dubai's most photographed and internationally recognised addresses. Since its opening, prices have risen over 21% through mid-2025, and the short-term rental market performs exceptionally well given the island's year-round tourist appeal. For residents, Bluewaters delivers something genuinely unique: the calm and intimacy of island living, combined with the energy of JBR and Dubai Marina a pedestrian bridge away.
Life on Bluewaters Island is defined by its boardwalk. The pedestrian-friendly promenade wraps the residential cluster on its southern and eastern sides, with Ain Dubai at the north and the Caesars Palace resort hotels framing the island's character. It is, as has been observed, an address where the entire island is the amenity.
For those seeking property for sale in Dubai's most exclusive island addresses, Bluewaters Island's deliberately limited residential offering creates the scarcity that underpins its premium pricing and investment performance.
Bluewaters Island sits firmly in Dubai's ultra-luxury tier, with pricing reflecting the scarcity, island setting and world-class amenity on offer.
Bluewaters Island is a mature, supply-constrained luxury investment with strong appreciation credentials and exceptional short-term rental upside.
Bluewaters Island's residential offering is concentrated in Bluewaters Residences (Buildings 1 to 10) and the 17 townhouses, plus the newer Bluewaters Bay off-plan development. The hotels, retail boardwalk and Ain Dubai form the non-residential spine of the island.
Bluewaters Island is located approximately 400 metres off the JBR coastline, connected to the mainland by road and a 265-metre pedestrian bridge.
There is no dedicated metro station on the island. DMCC Metro Station and Sobha Realty Metro Station on the Red Line are both 5 to 7 minutes by car. The pedestrian bridge connects to The Beach at JBR, from which the Dubai Tram and tram connection to DMCC Metro are accessible. Over 2,000 underground parking spaces are available on the island.
Nearby schools: No schools directly on the island. GEMS Wellington International School in Al Sufouh, Jumeirah English Speaking School and others accessible within 10 to 15 minutes. Several nurseries in JBR and Dubai Marina are a short walk or drive away.
Pros
Cons
Bluewaters Island is for buyers and investors who understand that the most compelling real estate is often defined by irreplicability. A man-made island with the world's tallest observation wheel, Cipriani, Madame Tussauds and two five-star hotels — all wrapped around a curated boardwalk with a pedestrian bridge to one of Dubai's most energetic beaches — cannot be built again. Its limited supply, consistent appreciation and outstanding short-term rental performance make it as compelling for investors as its island lifestyle makes it irresistible for residents.
","Title":null,"id":"6a0b09bbe6ab5d2e37627638","moduleClass":null,"moduleId":"","sectionSpacing":null},"id":"6a0b09bbe6ab5d2e37627633"},{"moduleType":"NormalText","moduleData":{"Text":"Who developed Bluewaters Island?
Bluewaters Island was developed by Meraas Holding, a Dubai government-owned developer (part of Dubai Holding) responsible for City Walk, La Mer, Boxpark and other landmark lifestyle destinations in Dubai. The project cost approximately AED 6 billion.
What is Ain Dubai?
Ain Dubai is the world's tallest observation wheel at 250 metres, located at the northern tip of Bluewaters Island. It has 48 air-conditioned cabins and offers 360-degree views of Palm Jumeirah, Burj Al Arab and the Dubai Marina skyline. One full rotation takes approximately 38 minutes. The attraction reopened in late 2024 following enhancement works.
Is Bluewaters Island freehold?
Yes. Bluewaters Island is a freehold community, fully accessible to both UAE nationals and international buyers.
How many residences are on the island?
698 apartments across 10 mid-rise towers, 17 exclusive townhouses and a number of penthouses. The finite nature of this supply is a core component of the island's investment case.
What are the rental yields?
Long-term gross rental yields approximately 6.68%; short-term furnished holiday home rentals can achieve up to 10% ROI driven by year-round tourist demand.
Is there metro access?
No direct metro station on the island. DMCC and Sobha Realty Metro Stations on the Red Line are 5 to 7 minutes away by car. The pedestrian bridge connects to The Beach at JBR and the Dubai Tram network.
Are there schools on the island?
No. The nearest schools are in JBR, Al Sufouh and Dubai Marina, all within 10 to 15 minutes by car.
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