Apartment by MERAAS “Bluewaters Bay”

AED 5,500,000

Discount: 4% of original price AED 5,700,000
Share Share
Vector icon 2 Beds Vector icon 2 Baths Vector icon 1670 sqft

Blue Waters Island

Daria
Daria Property broker

Get in touch with broker using email, phone or WhatsApp. It’s free and does not require any commitment from your side

Bluewaters Bay 2BR Apartment in Blue Waters Island — Distress Deal, 4% Below OP

Bluewaters Bay sits on one of Dubai’s most distinctive man-made islands, directly connected to JBR and facing the open Arabian Gulf. This two-bedroom-plus-maid apartment on a high floor delivers unobstructed sea views across 1,670 square feet of well-proportioned living space. The unit is being offloaded below its original purchase price — a genuine distress sale that opens a rare entry point into a project where resale stock at this level rarely appears.

For end-users, it is a ready home in a landmark waterfront address. For investors, the discount against the original transaction price compresses the cost basis considerably from day one.

Unit Features:

– 2 bedrooms plus maid’s room
– 1,670 sq ft / 155 sq m
– High floor
– Full sea view
– Unfurnished
– Ready resale unit
– Distress deal below original price

Complex Amenities:

– Infinity pool facing the sea
– State-of-the-art gym
– Landscaped podium deck
– Dedicated parking
– Concierge services
– Children’s play area

Architecture & Concept:

Bluewaters Bay is a residential tower positioned on Bluewaters Island, designed to maximise sightlines toward the Arabian Gulf and the Dubai Eye. The architecture prioritises open facades and generous balcony depths to bring the waterfront into everyday living. Interior layouts follow a straightforward residential logic with clear separation between living areas and bedrooms.

About the Developer:

Meraas developed Bluewaters Island as a destination community, with a track record that includes City Walk, La Mer, and Boxpark across Dubai.

Location & Benefits:

– Bluewaters Island, off JBR
– Minutes to Dubai Marina
– Direct link to The Walk, JBR
– Adjacent to Ain Dubai
– Accessible via Sheikh Zayed Road
– Close to Dubai Marina Mall
– Strong tourist and resident footfall year-round

Investment Appeal:

– Consistent short-term and long-term rental demand from the island’s tourist profile
– Limited residential supply within the island keeps vacancy low
– Waterfront positioning supports long-term capital value
– High-floor sea-view units attract premium rental premiums
– Entry below original purchase price provides immediate equity cushion
– Rare opportunity to acquire at a discount in an otherwise tightly held building

Frequently Asked Questions:

Q: Is the unit ready for immediate occupation or rental?
A: Yes, it is a completed resale unit available for transfer.

Q: Why is the seller accepting below the original purchase price?
A: This is a distress sale driven by the seller’s personal circumstances, not by any issue with the property or the project.

Q: Can the unit be used for short-term rental given its location?
A: Bluewaters Island has strong short-term rental activity and the location near Ain Dubai and JBR supports consistent occupancy throughout the year.

Enquire through the form on this page to receive full transaction details and arrange a viewing.

Property information

Handover Date

March 1, 2027

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

MERAAS “Bluewaters Bay”

Amenities

  • BBQ
  • Children’s pool
  • Covered Parking
  • Dining outlets (coffee houses & restaurants)
  • Leisure areas
  • Retail outlets
  • SPA
  • Security and CCTV
  • Shared Pool
  • Shared gym & fitness
Meraas Developer
Meraas Developer View developer

Location

Contact broker to learn more and get special offers.