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Blue Zone

New Off-Plan Projects in Bluewaters Island

Bluewaters Island β€” Meraas's premium man-made island next to Dubai Marina, home to Ain Dubai (world's tallest observation wheel) and Caesars Palace.

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New Off-Plan Projects in Bluewaters Island

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New launches in Bluewaters Island coming soon

We are tracking upcoming off-plan releases in Bluewaters Island. Drop your contact and we will send you the first listings as soon as they are announced.

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About Bluewaters Island

Bluewaters Island is a 240,000 mΒ² man-made island developed by Meraas, opened in 2018. Sitting just off the coast next to JBR and Dubai Marina, it's connected to the mainland by a road bridge and a pedestrian walkway. The island hosts Ain Dubai (the world's tallest observation wheel at 250m), Caesars Palace Dubai, the Madame Tussauds Dubai, and a curated retail and dining promenade. Residential inventory is limited and premium β€” the entire 'Residences at Bluewaters' complex contains ~700 apartments across 10 buildings, plus a handful of penthouses. There are no villas or budget options. Most units offer either Marina skyline views or open-sea views, and a portion face Ain Dubai directly. For investors, Bluewaters is a niche premium play. Yields are 5–7%, capital appreciation has been steady, and short-term rental performance is excellent thanks to tourist footfall. The island is well-suited to single-unit buyers seeking exclusivity and lifestyle, rather than multi-unit portfolio operators.

  • Direct access to Ain Dubai (world's tallest observation wheel)
  • Caesars Palace, Madame Tussauds, premium retail and dining
  • Pedestrian bridge to JBR Beach + road bridge to Marina
  • Limited residential supply β€” only ~700 apartments total
  • Year-round tourist footfall supports strong short-term rental performance

Location & Connectivity β€” Bluewaters Island

  • Dubai Marina3 min
  • JBR Beach3 min
  • Palm Jumeirah10 min
  • Mall of the Emirates15 min
  • Downtown Dubai22 min
  • Al Maktoum Airport (DWC)28 min
Bluewaters Island area on Dubai map β€” Blue Zone
HomeBase MapBlue Zone

Why Invest in Bluewaters Island

Gross rental yield
5–7%
Annual price growth
6–12%
Ownership
100% freehold
  • Scarce supply (only ~700 apartments) β€” built-out island
  • Year-round tourist demand thanks to Ain Dubai and Caesars Palace
  • Premium pricing supported by views and exclusivity
  • Walking distance to Marina without Marina density
  • 100% freehold + Golden Visa eligibility at AED 2M (most units qualify)

Indicative figures based on publicly available market data. Not a guarantee of returns or investment advice. Always verify with the developer and your own due diligence.

Frequently Asked Questions about Bluewaters Island

How many off-plan projects are currently available in Bluewaters Island?
There are 0 active off-plan projects in Bluewaters Island listed on HomeBase, from 0 developers.
Where is Bluewaters Island located in Dubai?
Bluewaters Island is centrally located in Dubai, within easy reach of Dubai Marina (3 min), JBR Beach (3 min), Palm Jumeirah (10 min).
What is the rental yield in Bluewaters Island?
Bluewaters Island delivers an indicative gross rental yield of 5–7% β€” among the more attractive ranges in central Dubai. Actual yield depends on unit type, finish level and short-vs-long-term rental strategy.
Can foreigners buy off-plan property in Bluewaters Island?
Yes. Bluewaters Island is a 100% freehold area, meaning buyers of any nationality can own property here outright. Purchases above AED 2 million also qualify the buyer for the UAE Golden Visa (10-year residency).
What payment plans are typical for Bluewaters Island off-plan?
Most developers in Bluewaters Island offer staged payment plans β€” commonly 60/40, 50/50, or 20/60/20 (down payment / during construction / on handover). Plans are typically interest-free and structured around construction milestones. Check each project page for the exact plan.

Other Top Areas in Dubai

Dubai MarinaDubai MarinaJBRPalm JumeirahEmaar Beachfront

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