
Bluewaters Residences is a residential development by the renowned developer Meraas. It consists of ten buildings labeled A–K, seventeen townhouses, and two hotels located on Bluewaters Island. Each of the ten residential buildings includes a ground level and between six and sixteen residential floors. Buildings F, G, H, and J feature two-storey penthouses, while buildings A–E and K also include a rooftop. The complex offers a variety of residences, including 1–4 bedroom apartments, penthouses, and townhouses. Each residential space is finished on a turnkey basis, interiors are made according to the design project, finishing in a neutral palette and minimalist style. The residences are fully furnished and equipped with household appliances. The internal infrastructure takes into account the needs of residents, there are swimming pools and fitness clubs for those who want to keep fit. Children's play areas are equipped with safe flooring and brightly colored developmental structures, there is a basketball court, picturesque green spaces. The residential complex is located on Bluewaters Island, which is connected to the coast by a bridge that leads to Sheikh Zayed Road. Thanks to this, car owners can take short routes to the center of Dubai and its suburbs. The Burj Khalifa Tower is 25 km away and the international airport is 39 km away.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Bluewaters Residences launch basis | 8,111 | AED 7.30M | Current launch / asking basis |
| Blue Waters Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Blue Waters Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |


















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Blue Waters Island
Bluewaters Residences by Meraas Developer
Located in Blue Waters Island
Starting from AED 7,300,000
Unit mix includes 2 BR, Apartments
Expected handover: Feb 2019
Official brochure and PDF marketing materials available
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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