Bluewaters Island property investment guide
Island living around Ain Dubai
Bluewaters Island is a luxury waterfront community in Dubai where recorded residential sales have a median price of AED 5,555 per sqft. Ownership is freehold. The nearest metro station is DMCC, 1.4 km away.
A leisure-led island off JBR built around the Ain Dubai wheel — premium apartments with skyline and sea views.
Key numbers
- Price tier
- Luxury
- Ownership
- Freehold
- Maturity
- Established
- Handover
- Ready
- Metro served
- No
- Commute to downtown
- 18 min
- Projects tracked
- 2
Market data: recorded sales
Over the 12 months to Jun 2026, Bluewaters Island recorded 99 property sales with a residential median of AED 5,559 per sqft — +7.6% on the previous 12 months.
See how Bluewaters Island ranks city-wide: price per sqft, sales momentum, price growth.
- Median sale price
- AED 5,555/sqft
- 85 residential sales, last 4 quarters
- Sales, last 12 months
- 99
- +4.2% vs the 12 months before
- Price change, year on year
- +7.6%
- residential median AED/sqft
Monthly figures, last 12 months
| Month | Median AED/sqft | Sales |
|---|---|---|
| Jun 2026 | 4,590 | 7 |
| May 2026 | 6,086 | 4 |
| Apr 2026 | 4,963 | 3 |
| Mar 2026 | 5,477 | 8 |
| Feb 2026 | 5,459 | 14 |
| Jan 2026 | 5,415 | 13 |
| Dec 2025 | 5,958 | 17 |
| Nov 2025 | 5,987 | 12 |
| Oct 2025 | 6,002 | 6 |
| Sep 2025 | 6,181 | 4 |
| Aug 2025 | 5,213 | 7 |
| Jul 2025 | 4,498 | 4 |
Price by bedroom count
| Type | Median price | Median AED/sqft | Sales |
|---|---|---|---|
| 3 bedrooms | AED 10,150,000 | 5,967 | 7 |
Latest quarter with recorded residential sales; thin sample sizes are excluded.
Top-selling projects in Bluewaters Island
Ranked by registered sales, Jul 2025 – Jun 2026. "Prior year" is the 12 months before that window.
| Project | Sales | Prior year | Median AED/sqft |
|---|---|---|---|
| Bluewaters Residences | 99 | 95 | 5,672 |
Projects
Build status and unit counts from the Dubai Land Department project register; rows we could not match to a register entry are marked unverified.
| Project | Developer | Units | Status | From |
|---|---|---|---|---|
| Bluewaters Bay | Meraas | 1–4 BR | Off-plan· unverified | AED 3,000,000 |
| Bluewaters Residences | Meraas | 751 | Complete | AED 3,467,000 |
Amenities & access
- Beach
- Island beach
- Metro
- Cable link to JBR
- Schools
- 15 min
- Also nearby
- Ain Dubai, dining
Getting around & daily life
Nearest of each, measured to the edge of Bluewaters Island — not driving distance.
- Metro station
- DMCC · 1.4 km away
- Tram stop
- Jumeirah Beach Residence 2 · 670 m away
- School
- Emirates International School - Meadows · 3.2 km away
- Hospital
- Saudi German Hospital · 6.2 km away
- Mall
- The Wharf · within the area
- Supermarket
- Al Maya · 710 m away
- Park
- DEWA Staff · 1.1 km away
- Beach
- within the area
- Golf course
- Par 3 course and driving range · 3.5 km away
- University
- American University in Dubai · 3.4 km away
- Airport
- Al Maktoum International Airport · 19 km away
Locations © OpenStreetMap contributors.
Infrastructure that moves values
- Sobha Realty / DMCC Metro Station (Red Line)operational · 2009
Nearest existing Red Line metro stations, about 5-7 minutes by car or via tram interchange, linking to Downtown, Expo and the airport.
- Dubai Marina Tram interchangeoperational · 2014
Dubai Tram stops (Dubai Marina Mall, JBR 1/JBR 2) serve the mainland end of the Bluewaters bridge and interchange with the Red Line at Sobha Realty station.
- The Wharf at Bluewatersoperational · 2018
Waterfront retail and dining promenade with roughly 130-200 shops, restaurants and cafes wrapping around the base of Ain Dubai.
- Caesars Palace Bluewaters Dubaioperational · 2018
Flagship beachfront resort cluster (Caesars Palace, Caesars Resort and The Residences) with 450m of private beach, Cove Beach Club and Gordon Ramsay's Hell's Kitchen.
- The Wharf Link pedestrian bridge to JBRoperational · 2018
265m pedestrian bridge connecting Bluewaters directly to JBR, a roughly 10-minute walk to the mainland beachfront.
- Bluewaters Bridge to Sheikh Zayed Road (E11)operational · 2018
Dh475m vehicular bridge giving the island direct road access to Sheikh Zayed Road and the wider city.
- The Address Beach Resort (JBR)operational · 2020
Iconic 77-storey JBR beachfront hotel and tower with one of the world's highest infinity pools, directly facing and serving the island.
- Ain Dubaioperational · 2021
World's tallest observation wheel at 250m and the island's signature landmark; reopened to the public in December 2024 after a multi-year closure for enhancements.
- Bluewaters Residencesunder construction · 2026
New Meraas residential development (2-4BR, penthouses, townhouses) designed by 10 Design, adding fresh waterfront housing stock; handover targeted Q4 2026.
- Bluewaters Bayunder construction · 2027
Meraas twin-tower waterfront project (53 and 44 floors, ~670 apartments) under active construction by CSCEC; both towers past L20 with facade work underway, completion targeted 2027.
Frequently asked questions
- How much does property cost in Bluewaters Island?
- Recorded residential sales in Bluewaters Island over the last four quarters have a median price of AED 5,555 per sqft, across 85 transactions. Prices are up +7.6% year on year. Buying costs add roughly 7–10% on top, and net rental yield after service charges typically lands 2–3 percentage points below the gross figure.
- What is the nearest metro station to Bluewaters Island?
- DMCC is the nearest metro station — 1.4 km away, measured to the edge of Bluewaters Island.
- Can foreigners buy property in Bluewaters Island?
- Yes — Bluewaters Island is a freehold zone, so foreign buyers get full ownership with no residency requirement.
- How far is Bluewaters Island from downtown Dubai?
- Bluewaters Island is roughly 18 minutes from downtown by car. Upcoming infrastructure: Bluewaters Residences, Bluewaters Bay.
Compare with nearby areas
Source: Dubai Land Department open data, sales data through Jun 2026. Medians are computed from registered residential sales and can lag or diverge from asking prices. Not investment advice. Asking-price figures come from Esto’s area dataset, updated 2026-07-15. Net yield after service charges and buying costs is what decides a deal —here’s how to run that math.
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