Property in Bluewaters Island
Ain Dubai, exclusive island living, limited units
Price / sqft
AED 2’200–3’200
Rental Yield
4.5–6%
1BR From
AED 2.5M–3.5M
Service Charge
AED 18–28/sqft
About Bluewaters Island
Bluewaters Island is a premium island destination by Meraas, home to Ain Dubai — the world's largest observation wheel. The residential component offers a limited number of luxury apartments and penthouses with sea views. Its exclusivity and limited supply drive strong capital appreciation. Connected to JBR via a pedestrian bridge, residents enjoy both island tranquility and mainland convenience.
Key Amenities
Frequently Asked Questions about Bluewaters Island
What is the average property price in Bluewaters Island?
As of Q1 2026, the average property price in Bluewaters Island is AED 2’200–3’200 per square foot. A 1-bedroom apartment typically costs AED 2.5M–3.5M, while a 2-bedroom is AED 4M–6M.
Is Bluewaters Island a freehold area for foreigners?
Yes, Bluewaters Island is a designated freehold zone where foreign nationals can purchase property with full ownership rights. There are no nationality-based restrictions.
What is the rental yield in Bluewaters Island?
The average gross rental yield in Bluewaters Island is 4.5–6%. While yields are moderate, Bluewaters Island offers strong capital appreciation potential.
What are the service charges in Bluewaters Island?
Service charges in Bluewaters Island typically range from AED 18–28 per square foot per year. These cover maintenance of common areas, security, pools, gyms, and building management.
Can I get a Golden Visa by buying property in Bluewaters Island?
Yes, if your property investment in Bluewaters Island meets the AED 2,000,000 minimum threshold, you can qualify for a 10-year UAE Golden Visa. This covers you, your spouse, and your children.
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