Project Overview
Bluewaters Bay is an impressive project by the developer Meraas, consisting of two elegant towers offering stylish 1–4 bedroom apartments. Each tower features one ground level, three podium floors, and a rooftop. Tower 1 comprises 49 residential floors, while Tower 2 includes 40 residential floors. The complex stands out with its timeless architecture, contemporary interiors, and an array of amenities designed for residents’ comfort. The layouts are spacious and functional, while the floor-to-ceiling windows maximize natural light and frame stunning views of the sea, the Dubai skyline, and the iconic Ain Dubai observation wheel. Residents of Bluewaters Bay enjoy access to a rooftop terrace with BBQ areas, generous open spaces and outdoor lounges, as well as a tennis court. The complex also features a resort-style swimming pool overlooking Ain Dubai, a children’s pool, a gym, a fitness studio, and an outdoor workout area. Surrounded by water, the project is set between the man-made Bluewaters Island and mainland Dubai. A major road interchange is located just two minutes away, ensuring quick and convenient access to all parts of the city. Public transport stops and the ferry terminal are only 5 minutes away. Key destinations are also within close proximity: JBR and Dubai Marina beaches - 5 minutes, DMCC Metro Station - 3 minutes, Dubai Marina Mall - 5 minutes, Ain Dubai - 10 minutes, and Palm Jumeirah - 7 minutes.
Illustrative Rental Scenario
Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Astraterra Properties
Official Documents
Download official marketing materials from Meraas Developer.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Blue Waters Island
Nearby Destinations
Developer and Project Facts
Bluewaters Bay by Meraas Developer
Located in Blue Waters Island
Starting from AED 3,400,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: Mar 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae