Bluewaters Bay

Bluewaters Bay is a Meraas-developed residential project situated on Bluewaters Island, a man-made island off the coast of Jumeirah Beach Residence in Dubai. The project introduces one- to four-bedroom apartments to one of the city's most sought-after waterfront communities, offering unobstructed views across the Arabian Gulf and the Dubai Marina skyline. Bluewaters Island is home to the globally recognised Ain Dubai observation wheel and a curated retail and dining promenade, making it both a residential and leisure destination. The island connects directly to JBR via a pedestrian bridge and is accessible by car from Sheikh Zayed Road, placing residents within minutes of Dubai Marina, Palm Jumeirah, and the wider commercial corridors of New Dubai. A metro link to the adjacent area further enhances connectivity for daily commuters. For investors, Bluewaters Bay presents a compelling case on multiple fronts. Waterfront inventory on the island is structurally limited, and Meraas developments have historically demonstrated strong capital appreciation post-handover. Gross rental yields in the Bluewaters and JBR corridor consistently rank among the higher-performing segments in Dubai's residential market, driven by sustained demand from high-income expatriates and short-term rental activity. As an off-plan project, Bluewaters Bay is available on a developer-structured payment plan, allowing buyers to stage capital deployment across the construction period and benefit from pre-completion price growth. Units priced at AED 2 million or above qualify purchasers for the UAE Golden Visa, a ten-year renewable residency permit that has become a key consideration for international buyers seeking long-term stability in the Emirates. This project is well-suited for regional and international investors seeking yield-generating waterfront assets, as well as owner-occupiers who prioritise connectivity, community quality, and long-term capital preservation. Sarphan Property holds licensed brokerage access to the full unit inventory. Contact our team for floor plans, payment schedule details, and current pricing.