What's the price range at Bluewaters Residences?
Current price per sqft: AED 4200. Recent transactions: 3BR 3100sqft at AED 13,020,000; 2BR 1900sqft at AED 7,980,000. Price history (12 months): ranging from AED 4169 to AED 4200/sqft.
Bluewaters Residences – Investment & Lifestyle FAQ
Complete guide to Bluewaters Residences in Bluewaters: pricing, amenities, rental potential and ownership costs.
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Pricing & Units
What units are available at Bluewaters Residences?
Unit mix: 70 × 1BR, 130 × 2BR, 90 × 3BR, 0 × 4BR, 10 × Penthouse. Total: 300 units. Standard residential tower.
Is Bluewaters Residences a good value, or overpriced?
Tier: PREMIUM. Investment thesis: "New waterfront destination with entertainment and retail ecosystem; good yields and emerging market appreciation potential.". Comparable buildings in Bluewaters range AED 3700–4700/sqft. Verdict: Competitive positioning; check comps in the building. Consult a local agent for current market assessment.
Amenities & Building Features
What amenities does Bluewaters Residences offer?
Amenities: Waterfront location, Beach access, Observation wheel, Shopping mall, Multiple restaurants and more. Year completed: 2021. Floors: 16. Well-maintained common areas and 24/7 security.
How many floors and units per floor in Bluewaters Residences?
16 floors. Total units: 300. Average units/floor: 19. View types: Marina views, City views. Higher floors command premium pricing.
What's the typical apartment layout in Bluewaters Residences?
Layouts: Studio to 4-bedroom units. Most popular: 2-bedroom (130 units). Sizes vary 500–2,500 sqft. Many units have balconies/terraces. Furnished and unfurnished options available (check listing details).
Location & Proximity
How far is Bluewaters Residences from key landmarks?
Beach: 2 mins. Bluewaters metro: 8 mins. Downtown Dubai: 25 mins. Airport (DXB): 20 mins.
Is Bluewaters Residences easy to get to and from?
Metro accessible via Bluewaters. Schools within 5–15 mins. Shopping malls: Dubai Marina Mall, Ibn Battuta nearby. Parking: typically 1–2 spaces per unit. Good road connectivity to Sheikh Zayed Road and key exits.
What's the neighborhood like around Bluewaters Residences?
Located in Bluewaters, a premium community. Residents: expat professionals, families, investors. Dining & retail: diverse options within 5–15 mins. Safety: 24/7 security in building and community. Vibe: upscale and vibrant.
Owning Here
What are the service charges and annual costs?
Service charge: ~AED 1470/sqft/year typical for tier PREMIUM. Estimate for 2BR (1500 sqft): AED 183750/month. DEWA: AED 400–600/month. Insurance: AED 1,000–2,000/year. Total holding cost: AED 800–1,500/month.
What kind of residents live in Bluewaters Residences?
Profile: Mix of owner-occupiers and investors. Typical buyers: expat professionals, families seeking quality lifestyle, buy-to-let investors targeting 4%–6% yields. Nationalities: diverse (UK, India, Saudi, Russia, China well represented). Community vibe: professional, family-oriented, investment-savvy.
What's the rental yield at Bluewaters Residences?
Gross rental yield: 5%–6.5%. 1BR typical rent: AED 13,750/month. 2BR: AED 22,500/month. Strong tenant demand; typical vacancy: 1–2 months/year.