Meraas Bluewaters Bay
Bluewaters Island, Dubai
Bluewaters Bay, The Final Residential Release on Dubai's Most Iconic Island.
Meraas presents the last residential opportunity on Bluewaters Island, home to Ain Dubai, the world's largest observation wheel. Bluewaters Bay's 260 residences will be the island's most refined, with direct promenade access and unobstructed views of the wheel and the Arabian Gulf.
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A Closer Look
The Vision
The Island's Last Chapter
Bluewaters Island is one of the most recognised addresses in the world. The Bay represents its final residential chapter, a collection conceived to endure as the island's most sought-after address for decades to come.
Q1 2027
Estimated Handover
1–3 Bedrooms
Residences
AED 2,900,000
Starting From
Investment Fundamentals
The Case for The Island's Last Chapter
Dubai continued infrastructure investment, zero personal income tax, and sustained global demand place this development within the emirate highest-growth corridors. Comparable completions in this micro-location have delivered 18-34% appreciation within 36 months of handover.
Gross rental yields across Dubai prime residential sector currently range between 5-8% per annum, outperforming London, Singapore, and Hong Kong. This project location, brand, and specification are benchmarked for the upper quartile of that range.
The developer has delivered over 30,000 units across the UAE with no material delays recorded in the past five years. All construction is funded through RERA-regulated escrow, providing full investor protection throughout the build cycle.
Dubai grants full freehold ownership to foreign nationals in designated zones. A 4% DLD transfer fee applies on purchase. There is no annual property tax, no capital gains tax, and no inheritance tax -- making this among the most investor-friendly jurisdictions globally.
Population growth of 4-5% annually, record tourism arrivals, and a diversifying economy anchored to finance, technology, and logistics underpin Dubai residential demand cycle. Off-plan unit absorption in Q1 2025 reached a decade high.
An island address. A global landmark.
The Process
Your Acquisition Journey
01
Private Briefing
A confidential consultation covering the project, district fundamentals, and current allocation.
02
Unit Selection & Reservation
Priority access to inventory, with your preferred residence secured against a reservation deposit.
03
SPA Review & Signing
Full review of the Sales & Purchase Agreement by our advisory before signature.
04
Construction Milestones
Payments released through registered escrow against verified construction progress.
05
Handover & Registration
Inspection, title registration, and key handover coordinated on your behalf.
06
Leasing & Asset Management
Ongoing leasing strategy and portfolio support beyond completion.
The Address
Location & Connectivity
Structure
Payment Plan
| Milestone | % Due | Estimated Amount |
|---|---|---|
| On Booking | 10% | AED 290,000 |
| During Construction | 40% | AED 1,160,000 |
| On Handover | 50% | AED 1,450,000 |
Estimate
Talk to an Advisor
Private Consultation
Connect with our advisors
Our advisors respond within 2 hours.
