Bluewaters Residences, developed by Meraas, occupies one of Dubai's most distinctive addresses — Bluewaters Island, a pedestrian-friendly destination anchored by Ain Dubai, the world's largest observation wheel. Available in one- to four-bedroom configurations, these ready resale apartments offer immediate occupancy and established rental demand. Units priced at AED 2 million and above qualify buyers for the UAE Golden Visa, adding long-term residency value to an already compelling investment. Sarphan Property provides direct access to current listings, verified pricing, and full transaction support. Contact our team to explore available units.
Bluewaters Residences represents one of Dubai's most deliberate urban planning achievements. Developed by Meraas — the same master developer behind City Walk and Boxpark — the project occupies Bluewaters Island, a purpose-built destination connected to Jumeirah Beach Residence by a dedicated pedestrian bridge and to Sheikh Zayed Road via direct road access. The island is designed around walkability, retail, and waterfront dining, making it a self-contained urban enclave rather than a conventional residential compound.
The residences are spread across ten low-to-mid-rise buildings, offering one- to four-bedroom apartments with interiors finished to a high specification. Units are oriented to capture views of the Arabian Gulf, the Dubai Marina skyline, and Ain Dubai — the 250-metre observation wheel that serves as the island's centrepiece. Floor plans are well-proportioned, with generous balconies and open-plan living areas that maximise the waterfront setting.
As a ready, resale asset, Bluewaters Residences appeals to investors seeking immediate rental income. The island draws consistent footfall from tourists and residents drawn to its dining, entertainment, and beach access, supporting short-term rental yields alongside more conventional long-term leasing. Proximity to Dubai Marina, JBR, and the broader Sheikh Zayed Road corridor ensures strong capital appreciation fundamentals underpinned by sustained demand.
For buyers committing AED 2 million or above, the purchase triggers eligibility for the UAE Golden Visa — a ten-year renewable residency programme that covers the primary applicant and immediate family members. This residency benefit is increasingly central to international investor decision-making and adds a dimension of value that goes beyond pure yield.
Bluewaters Residences is particularly well-suited to portfolio investors seeking a stabilised, income-generating asset in a proven location, as well as end-users who require a permanent or secondary Dubai residence. Sarphan Property holds active listings across the development and provides structured guidance through valuation, negotiation, and registration.