Property on Bluewaters Island: premium waterfront

Property on Bluewaters Island: premium waterfront

Bluewaters Island is among Dubai's most exclusive waterfront developments, offering premium residences and unparalleled lifestyle amenities. Designed by Meraas, the island boasts world-class properties ideal for investors and homeowners seeking luxury and convenience in a prime location.

The Appeal of Living on Bluewaters Island

Bluewaters Island is a thriving destination that combines modern living with world-class leisure and entertainment facilities. Located near Dubai Marina and JBR, the man-made island is crafted to offer a harmonious blend of urban living and waterfront elegance.

Residents and visitors alike can enjoy breathtaking views of the Arabian Gulf, direct access to pristine private beaches, and close proximity to the iconic Ain Dubai—the world's largest observation wheel. The island features a perfect balance of residential units, retail outlets, dining establishments, and green spaces, making it highly attractive to buyers and investors.

Bluewaters Island ensures excellent connectivity to the rest of Dubai through Sheikh Zayed Road and pedestrian bridges to JBR. Whether you're seeking tranquility by the water or vibrant city vibes, Bluewaters Island delivers both in equal measure.

Property Types and Prices on Bluewaters Island

Bluewaters Island offers a range of luxurious residential units, including apartments, penthouses, and townhouses. Designed to meet high standards of modern living, every property boasts premium finishes, floor-to-ceiling windows, and spacious layouts.

  • **Apartments:** Ranging from 1 to 4-bedroom units, apartment sizes start at approximately 1100 sq. ft. Prices are generally between AED 2.5 million and AED 15 million, depending on size, floor level, and views.
  • **Penthouses:** Perfect for those seeking extra luxury, penthouses offer expansive spaces and exclusive amenities, with sales starting upwards of AED 20 million.
  • **Townhouses:** These properties feature versatile layouts and private outdoor areas, ideal for families or those desiring extra space. Prices start from AED 13 million.

Amenities and Lifestyle Features

One of the biggest draws of Bluewaters Island is its exceptional array of amenities. Meraas has curated the island's facilities to cater to residents' every need while maintaining a strong focus on luxury and connectivity.

  • **Dining and Retail:** Bluewaters is home to an impressive range of high-end dining options, featuring cuisines from around the globe. It also boasts retail outlets offering premium brands, making shopping highly convenient.
  • **Recreation:** The island offers access to state-of-the-art gyms, swimming pools, and landscaped running tracks, ensuring active living for residents.
  • **Entertainment:** With Ain Dubai as its centerpiece, residents can enjoy awe-inspiring views or host guests at one of the many nearby restaurants or cafes overlooking the Gulf.
  • **Connectivity:** A dedicated pedestrian bridge seamlessly links Bluewaters Island to Jumeirah Beach Residence (JBR), offering easy access to neighboring attractions.

Investment Benefits of Bluewaters Island Properties

Investing in a property on Bluewaters Island comes with numerous benefits, given Dubai’s standing as a global city for real estate investment. Here are some of the key reasons:

  • **High Rental Yields:** Properties on Bluewaters Island generate higher-than-average rental income, given the unparalleled location and amenities.
  • **Prime Location:** Situated near Dubai Marina and JBR, with breathtaking views of the Arabian Gulf and Ain Dubai, the properties enjoy strong demand among buyers and renters alike.
  • **Developer Reputation:** Bluewaters Island is developed by Meraas, a trusted name in Dubai's real estate industry with a proven track record of delivering top-tier developments.
  • **Visa Eligibility:** Depending on the property value, investors may qualify for long-term residency visas, making this a significant attraction for foreign buyers.
  • **Strong Capital Appreciation:** Dubai’s real estate market has shown steady growth over time, and Bluewaters properties have the potential for excellent appreciation due to their exclusivity and premium offerings.

How to Buy Property on Bluewaters Island

Purchasing property on Bluewaters Island involves straightforward processes typical of Dubai's real estate market. Below are some essential steps:

  • **Initial Research:** Start by identifying your budget and the type of property (apartment, townhouse, or penthouse) that suits your needs. Engage with a trusted real estate broker specializing in Bluewaters Island.
  • **Property Viewings:** Schedule site visits or virtual tours to explore available units, assess finishes, and compare view options.
  • **Financial Preparations:** Ensure your finances are in order. If financing, Dubai’s banks often provide mortgage solutions for local and international buyers.
  • **Legal Requirements:** Submit an offer, sign a Memorandum of Understanding (MOU), and make the required deposit (usually 10%). Consult with legal advisors to navigate paperwork effectively.
  • **Completion:** Once the transaction is approved, final payments are made, and the property is officially transferred through Dubai Land Department.
Property on Bluewaters Island: premium waterfront

Frequently Asked Questions

What types of properties are available on Bluewaters Island?
Bluewaters Island offers luxurious 1 to 4-bedroom apartments, penthouses, and townhouses. Each unit is designed with premium finishes and spacious layouts.
How much does property cost on Bluewaters Island?
Apartment prices range from AED 2.5 million to AED 15 million, while penthouses and townhouses start at AED 20 million and AED 13 million, respectively.
Who is the developer behind Bluewaters Island?
Bluewaters Island is developed by Meraas, a reputable Dubai-based developer known for creating world-class communities and projects.
Can foreign investors buy property on Bluewaters Island?
Yes, foreign investors can buy properties on Bluewaters Island. Dubai’s real estate market allows full ownership for expatriates in designated freehold areas, including Bluewaters Island.
Does Bluewaters Island property qualify for a residency visa?
Yes, properties valued above AED 750,000 make investors eligible for residency visas, with specific visa lengths determined by the property value.

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