Bluewaters Residences
Bluewaters
Developer: Meraas
Current Price
AED 4,200
per sqft
Rental Yield
5%
Total Units
300
Floors
16
Year Completed
2021
Tier
PREMIUM
Investment Thesis
New waterfront destination with entertainment and retail ecosystem; good yields and emerging market appreciation potential.
Best For
- Yield investors
- Families
- Emerging market buyers
Tier Classification
Premium residential with good amenities, professional management and broad appeal.
12-Month Price History
2025-07
AED 4,169
2025-08
AED 4,137
2025-09
AED 4,131
2025-10
AED 4,151
2025-11
AED 4,191
2025-12
AED 4,241
2026-01
AED 4,286
2026-02
AED 4,316
2026-03
AED 4,322
2026-04
AED 4,300
2026-05
AED 4,257
2026-06
AED 4,200
Trend: Upward trend over past 12 months
Unit Mix
1 Bedroom
70
2 Bedroom
130
3 Bedroom
90
Penthouse
10
Recent Transactions
| Unit | BR | Area (sqft) | Price (AED) | Date |
|---|---|---|---|---|
| 1605 | 3 | 3,100 | AED 13,020,000 | 3/5/2026 |
| 1005 | 2 | 1,900 | AED 7,980,000 | 2/9/2026 |
Rental Yield & Annual Rent
Gross Rental Yield
5%
1BR Annual Rent
AED 165,000
2BR Annual Rent
AED 270,000
3BR Annual Rent
AED 375,000
Amenities
Waterfront location
Beach access
Observation wheel
Shopping mall
Multiple restaurants
Infinity pool
Gym
Kids play area
Proximity & Access
Metro: Bluewaters
8 min away
Airport: DXB
20 min away
Beach
2 min away
Downtown Dubai
25 min away
Pros
- New destination (2021)
- Good 5% yields
- Waterfront with entertainment
- Retail and dining
Cons
- Relatively new (less proven)
- Service charges may increase
- Slower capital appreciation
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