Penthouses for Sale in Bluewaters Island
Exclusive top-floor residences with panoramic views, private terraces, and luxury finishes in prime towers. Available in 2 bedroom, 3 bedroom, 4 bedroom, 5+ bedroom configurations.
Price / sqft
AED 3’960–5’760
Est. Yield
3.5–5%
Configurations
4 Types
Service Charge
AED 18–28/sqft
Available Penthouses in Bluewaters Island
Browse available configurations with estimated pricing based on Q1 2026 market data.
Buying Costs for Penthouses in Bluewaters Island
| Fee | Amount |
|---|---|
| DLD Transfer Fee | 4% of purchase price |
| Agency Commission | 2% of purchase price |
| NOC Fee | AED 500–5,000 |
| Trustee / Admin Fee | AED 4,000–4,200 |
| Mortgage Registration (if applicable) | 0.25% of loan amount |
| Total Estimated | ~7–8% of purchase price |
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.
Community Amenities
Penthouses in Bluewaters Island — FAQ
How much does a penthouse cost in Bluewaters Island?
Penthouses in Bluewaters Island are priced from AED 3’960 to AED 5’760 per square foot as of Q1 2026. Available configurations include 2 bedroom, 3 bedroom, 4 bedroom, 5+ bedroom.
What is the rental yield for penthouses in Bluewaters Island?
Penthouses in Bluewaters Island offer an estimated gross rental yield of 3.5–5%. This reflects the premium nature of the area, with strong potential for capital appreciation.
Can foreigners buy penthouses in Bluewaters Island?
Yes, Bluewaters Island is a freehold zone where foreign nationals can purchase penthouses with full ownership rights. There are no nationality restrictions. Investments of AED 2M+ also qualify for a 10-year Golden Visa.
What amenities do penthouses in Bluewaters Island offer?
Penthouses in Bluewaters Island typically feature: Ain Dubai, Caesars Palace, Retail, Dining, Beach club. The community is known for its upscale lifestyle and world-class facilities.
Is Bluewaters Island a good area to buy a penthouse?
Bluewaters Island is one of Dubai's most prestigious addresses. Key developer: Meraas. Ain Dubai, exclusive island living, limited units.
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