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Bluewaters Residences

Meraas · Bluewaters Island · Dubai

5.0–6.5%Gross Yield
AED 2,800,000Entry Price

About Bluewaters Residences

Luxury apartments on Dubai's Bluewaters Island, steps from Ain Dubai (the world's largest observation wheel) and a vibrant beachfront retail strip.

Meraas is one of the UAE's leading developers with a track record of delivering quality residential communities across Dubai. Bluewaters Residences sits within Bluewaters Island, benefiting from established infrastructure and strong tenant demand from the region's professional and expatriate population.

Investment Overview

MetricDetail
DeveloperMeraas
LocationBluewaters Island, Dubai
Entry PriceAED 2,800,000
Gross Yield (est.)5.0–6.5%
Asset ClassResidential — Freehold

Why Invest in Bluewaters Residences?

Bluewaters Island has established itself as a premium residential destination in Dubai, supported by strong population growth, improving public infrastructure, and sustained rental demand from the UAE's growing expatriate community. Meraas's track record in master-planned community development provides investors with confidence in long-term asset quality and management standards.

Investors in Bluewaters Residences benefit from: UAE's 0% income and capital gains tax environment, freehold ownership rights for all nationalities in designated investment zones, and access to UAE's stable AED-USD peg which eliminates currency risk for dollar-denominated investors. Service charges are managed by Meraas's in-house management arm, ensuring consistent community standards.

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Key Highlights

Meraas developer Bluewaters Island 5.0–6.5% gross yield UAE freehold ownership 0% income tax

Frequently Asked Questions

Is Bluewaters Residences a good investment?
Bluewaters Residences offers gross yields of 5.0–6.5% with entry prices from AED 2,800,000. Located in Bluewaters Island, the project benefits from Meraas's established developer reputation and strong tenant demand in Dubai. As with all property investments, returns depend on purchase price, financing costs, and management quality.
Can foreigners buy in Bluewaters Residences?
Yes. Bluewaters Island in Dubai is a designated freehold investment zone, allowing all nationalities to purchase and own property with full ownership rights. Meraas projects are widely traded on the secondary market with strong international buyer demand.

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