Property in Bluewaters

Property for sale in Bluewaters Island

Bluewaters Island is an artificially created community with elite overseas properties. The district is divided into residential, beach, shopping, hotel, and entertainment areas. The world’s highest Ferris wheel is located in the heart of the complex. The shopping and entertainment area features more than 200 boutiques and supermarkets, and cafes and restaurants.

The community is one of the largest projects by Meraas Holding. It has become home to ultra luxury residences with upscale amenities, the fashionable Caesars Palace Hotel, and the famous Madame Tussauds Dubai Museum. Dubai Super Trees, an artificial shining tree resembling Singapore glass gardens, will also become an exciting attraction of the complex.

You can buy any real estate in Bluewaters Island such as an apartment, a duplex, a townhouse, and other residential units. Saunas, swimming pools, spas, fitness studios, and equipped gyms are available to residents of gated communities in this district. Additionally, the outdoor area has walking and jogging paths, landscaped gardens, and children's playgrounds.

Buying a property in Bluewaters Island for investment and permanent residence is available not only to citizens of the United Arab Emirates, but also to foreigners. Representatives of other countries buy local apartments to have rest, live here permanently, and generate income.

Lifestyle in Bluewaters Island

The area is favourable for leading both a measured and an active lifestyle. There is a great variety of recreation areas, shops, and sports complexes with modern equipment. There is an exit from the island to the emirate’s mainland. Dubai Marina is located near this community, so Bluewaters residents can easily reach this prestigious location for lunch or dinner in restaurants with outdoor terraces and walk along the waterfront. The island also has its own promenade on the seashore.

Its well-thought-out location allows residents to combine the coastal lifestyle with the luxurious diversity of the metropolis. They can find everything they need here or nearby. For example, the prestigious Dubai Marina district is less than 10 minutes away, the central Business Bay and Downtown Dubai districts are half an hour away.

Property prices in Bluewaters Island

The property cost in Bluewaters Island starts at AED 2.55 million (about $694,255). You can buy a cosy 86 m² flat with a living room and a bedroom for this amount.

138 m² three–bedroom flats with a living room and 2 bedrooms can be purchased for at least AED 2.8 million ($766,600).

The lowest cost of a four–bedroom apartment with a living room and 3 bedrooms is AED 2.65 million (about $697,000).

The price of an apartment with a living room, 4 bedrooms, and 4 bathrooms starts at AED 6.35 million (almost $1.73 million).

A 639 m² penthouse with a living room, 5 bedrooms, and 5 bathrooms can cost at least AED 6.35 million (about $1.73 million).

Real estate investment in Bluewaters Island

Due to its convenient location near the emirate, Bluewaters Island is ideal for both families and businessmen who prefer a resort lifestyle. This area includes a wide range of real estate types, from small studios to spacious townhouses.

The property in Dubai in this community can bring its owners a good regular income. Landlords of apartments and villas in Dubai have up to 8% of the cost of properties per year. You can calculate the approximate amount of potential income by knowing the exact cost of the residence.

Foreigners can buy a property for investment and permanent residence in 2023. If you want to purchase a flat or a house to live in Dubai or come to the emirate from time to time, and want to save up to 20% of the cost of the residence, you need to pay attention to off-plan housing in the real estate market. If you wish to get the maximum benefit, you should consider the project before it is implemented.

If you plan to earn money on Bluewaters Island properties, you need to follow this plan: you can buy a local off-plan residence and sell it after the house is put into operation.

Some investors first rent out their residences and resell them after a year or two. There is a reason for this approach: for example, according to some analysts, housing prices in the city will grow from 5% to 20% in 2023. That is why, apartment owners and businessmen have the opportunity to first receive regular income from leasing and make good money on resale after a while. Additionally, they can invest some of this money in purchasing more highly liquid and profitable housing to make higher profits in the future.

Buy a property in Bluewaters Island on Emirates.Estate

Emirates.Estate specialists will help a foreigner to buy real estate in Bluewaters Island. This aggregator contains the best deals from developers and agencies. Before contacting the realtor, you can have a closer look at some residences.

You can search for a villa or apartment in Dubai by the following parameters: emirate, type of property, number of bedrooms and bathrooms, area of an apartment or house, primary or secondary housing, purchase by instalments or not, number of floors of the house, date of commissioning, distance to the nearest airport and the seashore, fully, partially furnished or unfurnished real estate and with/without household appliances.

You can check the price of properties for sale in Bluewaters Island, Dubai, UAE, at Emirates.Estate. Almost all offers have prices in dollars and euros.

Foreigners have the opportunity to buy real estate for sale in Bluewaters Island in instalments or with a mortgage. Brokers and lawyers will competently guide the buyer through all stages of the transaction: from choosing various flats to receiving keys. A foreigner can pick up a residence and purchase an entire house remotely while in another country. To do this, he first needs to call us at the phone numbers listed on the website or write in the feedback form.