Properties for Sale in Bluewaters Island
Apartments, Penthouses available from AED 2’200/sqft. 4.5–6% rental yield. 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
2BR From
AED 4M–6M
Property Types in Bluewaters Island
Browse apartments, penthouses for sale with real market data.
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
Investment Highlights
Buying Property in Bluewaters Island — FAQ
How much does property cost in Bluewaters Island?
Property prices in Bluewaters Island range from AED 2’200 to AED 3’200 per square foot as of Q1 2026. A 1-bedroom apartment typically costs AED 2.5M–3.5M, and a 2-bedroom is AED 4M–6M.
What types of property can I buy in Bluewaters Island?
Bluewaters Island offers apartments, penthouses for sale. As a premium community, it features high-end developments with world-class amenities.
What is the rental yield in Bluewaters Island?
Gross rental yields in Bluewaters Island range from 4.5% to 6%. While yields are moderate, Bluewaters Island offers strong capital appreciation driven by premium demand.
Can foreigners buy property in Bluewaters Island?
Yes, Bluewaters Island is a designated freehold zone. Foreign nationals can purchase property with full ownership rights — no nationality restrictions apply. You can also qualify for a 10-year Golden Visa with investments of AED 2M+.
What are the total costs of buying in Bluewaters Island?
Total buying costs are approximately 7–8% of the property price: DLD transfer fee (4%), agency fee (2%), NOC fee (AED 500–5,000), and trustee/admin fees (AED 4,000–4,200). For a AED 2.5M–3.5M 1-bedroom, expect additional costs of approximately AED 0–0.
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