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Apartments for Sale in Bluewaters Island
Bluewaters Island is an island district, which offers high-end property in Dubai. The development was carried out by Meraas, one of the leading developers in the region. The infrastructure of Bluewaters Island is designed to provide pleasant living and recreational facilities for locals and visitors. Here are some of the main features:
- First-class entertainment. Bluewaters Island has an entertainment complex with The Ain Dubai, the largest Ferris wheel in the world. This attraction offers stunning views of the emirate and the bay. Additionally, the island is home to many restaurants, cafes, and boutiques.
- The Walk. This is a popular place for strolling and shopping in Dubai with accommodation options, located near Bluewaters Island.
- Beaches. The district has access to private beaches for residents and guests.
- Developed transport network. Various modes of transport are available to get to Bluewaters Island, including traditional abra boats and express boats. There is also underground parking spaces for cars.
- Healthcare and education. This place has several medical centers and clinics, which provide high-quality services. In terms of education, there are numerous schools and universities in the surrounding areas of Dubai.
The area offers plenty of housing options, including 1- to 4-bedroom apartments and lavish penthouses. Apartments in Dubai feature modern designs, spacious layouts, and high-quality finishing. Many properties offer beautiful views of the bay or the iconic Burj Khalifa. Residents and visitors can enjoy various amenities, such as private beaches, swimming pools, fitness centers, restaurants, cafes, and picturesque walking zones. Here, flats and apartments have a favorable location, right on the waterfront and close to excellent shopping and entertainment options.
Prices
There are penthouses with 4 and 5 bedrooms that start at 222 m² and AED 22.4 million. The cost of apartments in Bluewaters Island varies depending on their size, layouts, and locations. Housing prices are higher than the average in Dubai, but the investment potential is also higher. Townhouses on the island range from AED 11.9 million to AED 24.9 million, with an area of about 585 m². If you're interested in a 1-bedroom apartment, you can find one for AED 2.2 million. For more spacious options, the average cost of a 3-bedroom apartment on Bluewaters Island is around AED 4.49 million.
When acquiring flats in Bluewaters Island for investments, it's important to consider the return on investment (ROI). A 4-bedroom apartment worth AED 5.8 million has the ROI of 6%. Similarly, 1-bedroom apartments also have a rental yield of 6%, while 3-bedroom apartments have a yield of about 6.1%. For a 2-bedroom apartment priced at AED 3.4 million, the expected ROI is 5.7%.
In terms of renting, a 1-bedroom apartment can be rented for AED 120,000 to AED 150,000 per year. Renting a 2-bedroom apartment costs AED 190,000 per year. The rent for a 3-bedroom apartment starts at AED 270,000 per year, and for a 4-bedroom apartment, it is AED 350,000 per year.
Apartments in Bluewaters Island
Bluewaters Island has a lot of apartments and flats to offer for those who want to live in a prestigious neighbourhood. The complex provides amenities such as swimming pools, fitness centers, sports grounds, and parking spaces. Before you make a purchase decision you can check available studios, which are one-room open-plan apartments that include a sleeping zone, living room, and kitchen all in one space. These studios are ideal for one or two people. The island also offers a wide selection of 1-bedroom and multi-bedroom apartments, as well as luxurious penthouses on the top floors of buildings with stunning designs and breathtaking views of the bay or the emirate. For those interested in elite real estate, villas in Dubai are also available for purchase.
Investing in real estate on Bluewaters Island is a wise decision as it is a renowned neighbourhood with a growing demand for housing and high returns. All types of units are sought-after by tourists and expats, making them a good source of rental income.
It is profitable to buy an apartment in Bluewaters Island
When deciding on the acquisition of investment flats in Bluewaters Island, it is crucial to take into account all financial aspects, such as the purchase cost and ongoing maintenance payments for the apartment. In addition, it is important to look into market trends and consult with professional agents who can help estimate the potential return on investment.
Our team of specialists is always available to provide detailed consultation, inform you about prices, and suggest the most profitable investment options. Our experts continuously monitor the real estate market and can offer recommendations on selecting trustworthy developers in the United Arab Emirates with an excellent reputation. Start house-hunting for your perfect property today. We look forward to assisting you!