Bluewaters Bay

Meraas · Dubai · 679 homes · Under construction

A Meraas project under construction in Dubai: 679 homes, 37% built, with completion promised for Q1 2027 on the register. Registered off-plan sales from Jul 2025 to Jun 2026 had a median of AED 3,755 per sqft, 5% above the launch quarter.

Updated 27 Oct 2026
Due Q1 202737% built, as reported to the register
679 homes1, 2, 3 and 4+ bedrooms
DubaiDubai Land Department project 2530

Prices. Quarter by quarter since launch.

Launch quarter, Q1 2023AED 3,565/sqft
Median paid, Q1 2026AED 3,960/sqft
Sales, Jul 2025 to Jun 202644
Median paidLatest quarterLaunch quarter AED 3,565
3,5004,000Q1 23: AED 3,565/sqft, 355 salesQ2 23: AED 3,770/sqft, 274 salesQ3 23: AED 3,788/sqft, 53 salesQ4 23: AED 3,623/sqft, 18 salesQ2 24: AED 3,891/sqft, 11 salesQ3 24: AED 3,700/sqft, 15 salesQ4 24: AED 3,701/sqft, 20 salesQ2 25: AED 3,772/sqft, 15 salesQ3 25: AED 3,754/sqft, 15 salesQ4 25: AED 3,530/sqft, 11 salesQ1 26: AED 3,960/sqft, 15 salesQ1 23Q4 23Q3 24Q2 25Q1 26
Every quarter as a table
QuarterMedian AED/sqftSales
Q1 20233,565355
Q2 20233,770274
Q3 20233,78853
Q4 20233,62318
Q2 20243,89111
Q3 20243,70015
Q4 20243,70120
Q2 20253,77215
Q3 20253,75415
Q4 20253,53011
Q1 20263,96015

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs today. Launch to today.

At launchTodayHandoverQ1 202737% builtunder constructionPrice / sqftAED 3,565AED 3,755+5% on launch, off-plan median

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When will Bluewaters Bay be completed?

The register declares completion for Q1 2027, and the project is reported 37% built. Meraas's completed Dubai projects typically finished a quarter late.

What do homes in Bluewaters Bay sell for?

From Jul 2025 to Jun 2026, 44 homes sold on the register at a median of AED 3,755 per sqft and AED 3.41M per home. By unit type: 1 BR AED 3M (25 sales), 2 BR AED 5.48M (10 sales), 3 BR AED 8.18M (6 sales). These are registered deeds, not the developer's price list.

Who built Bluewaters Bay?

Meraas. The project is registered to Meraas on the Dubai Land Department register, which lists 61 projects for the developer in Dubai, 32 of them under construction. 10 of its 23 dated handovers came within 3 months of the promised date.

How many homes are in Bluewaters Bay?

679, as counted on the Dubai Land Department register. The declared mix: 264 1 BR, 239 2 BR, 152 3 BR, 23 4+ BR.

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