Prime · 2024 Market Intelligence

Apartments Market
Bluewaters Island

Investment-grade market analysis for prestigious apartments across one of Dubai's most commanding communities curated for discerning investors and owner-occupants.

Avg. Price / Sqft

AED 3,972

+0% YoY

Transactions (2024)

119

+22.7% vs prior year

Gross Rental Yield

5.5%

Rental index AED 137,213 p.a.

Total Volume

AED 0.49B

Median deal AED 13,592,416

Year-over-Year Market Overview

Bluewaters Island apartments recorded a measured market recalibration of 0.0% in 2024, with average pricing at AED 3,972 per sqft positioning this prestigious, investment-grade segment among Dubai's most sought-after real estate. Gross rental yields of 5.5% underscore the investment-grade fundamentals, attracting a discerning global investor base seeking curated, signature assets within one of the world's most transparent and tax-efficient property markets.

Capital Growth Forecast

+5.2%

12-month forward projection

Market Tier

Prime

Dubai luxury classification

Price Per Sqft Trends

YearAvg. AED / SqftTransactionsVolume
2024Current3,972119AED 493M
20254,235116AED 768M
20264,517113AED 526M

Transaction Volume

The Bluewaters Island apartments segment recorded 119 transactions in 2024, generating AED 0.49B in total capital deployed. This commanding market activity reflects sustained institutional interest and a curated pipeline of signature transfers from both primary and secondary markets.

Volume growth of +22.7% year-over-year underscores the prestige positioning of this property type within one of Dubai's most investment-grade communities.

Investment Outlook

  • Gross Rental Yield

    5.5% competitive within the Prime tier, with rental index at AED 137,213 per annum.

  • Capital Growth Forecast

    Forward projection of +5.2% over 12 months, supported by curated supply constraints and sustained prime demand.

  • Median Transaction

    AED 13,592,416 reflecting investment-grade entry points for discerning capital.

Supply Pipeline

Curated upcoming developments scheduled to deliver apartments inventory in Bluewaters Island, shaping the supply-demand dynamic for 2024 and beyond.

Royal Enclave

Units

176

Expected Handover

Q4 2024

Royal Enclave

Units

202

Expected Handover

Q3 2024

Comparable Communities

Signature communities offering comparable apartments investment profiles within Dubai's prestigious luxury property landscape.

Bluewaters Island 2024 Other Property Types

Explore Signature Apartments in Bluewaters Island

Our curated advisory team specialises in prestigious Bluewaters Island real estate. Let us introduce you to investment-grade opportunities that command a prime position in Dubai's most sought-after community.

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