Bluewaters Island

An island paradise with all the essentials for a comfortable life

Bluewaters Island — is a man-made island connected by a pedestrian bridge to the coastal neighbourhoods of JBR and Dubai Marina. This area is a popular place for affluent tourists and expats, and real estate here mainly consists of low-rise homes that feature penthouses and premium apartments. It is also home to luxury 5-star hotels, boutiques and restaurants.

from AED 4.2MApartments (USD 1.14M)

from AED 29.8MTownhouses (USD 8.1M)

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Apartment

Bluewaters

Bluewaters Residences

Exclusive | Vacant | Sea View | With Maids room

Bedroom(s)

Bathroom(s)

AED 13,500,000

Ready to move in

The benefits of living on Bluewaters Island

Despite the abundance of entertainment, it is a picturesque and tranquil place with a unique atmosphere, which is ideal for families with children and active lifestyle enthusiasts alike.

Entertainment to suit any taste

Bluewaters Island is home to luxurious restaurants, vibrant nightlife, excellent sports facilities and family-friendly relaxation zones. A couple of the most famous sights and attractions in the area include the world’s largest Ferris wheel, Ain Dubai, and the Arabian Gulf’s first-ever Madame Tussaud's Wax Museum.

Beach holidays year round

The island has several beaches and beach clubs where you can spend your free time relaxing in the resort-like atmosphere and doing various water sports.

ROI from 7.1%

and a diverse selection of premium real estate

Excellent transport options

Bluewaters Island is connected to other areas by walking bridges and by vehicular bridges that exit to Sheikh Zayed Road. Cars, taxis and water taxis are all available on the island.

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Inna Bocharova

Community Expert

One of the Largest and Most Reliable Real Estate Agencies in the UAE

Metropolitan Group is a prime example of success in the competitive international real estate market. With a track record spanning over 15 years, the company has not only expanded its range of services but has also established itself as a trusted partner for large-scale investment projects.

In addition to buying and selling real estate, Metropolitan Group offers comprehensive support and guidance on various aspects such as legal assistance, property management, mortgage consulting and visa acquisition, among other services.

Our dedication and expertise have been acknowledged through numerous prestigious awards. We have been honoured as one of the top brokers in the UAE, working closely with renowned developers including Emaar Properties, Dubai Properties, Meraas Holding, DAMAC Properties, and Aldar Properties. These valuable partnerships grant us exclusive access to the finest properties, giving our clients a distinct advantage in securing their dream homes or investment opportunities.

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Leading Real Estate Companies

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Strong reputation

15 years

Of productive work

Why buy real estate in Bluewaters Island

Madame Tussaud Dubai

The Middle East’s first-ever Madame Tussaud’s Wax Museum is located here. Visitors can get up close and personal with wax figures of such celebrities as Justin Bieber, Vin Diesel, Kylie Jenner and more.

Ain Dubai

Bluewaters Island is home to the world’s largest Ferris wheel, Ain Dubai. It is a staggering 820 feet high which is taller than the London Eye in London, the Singapore Flyer in Singapore or the High Roller in Las Vegas.

Seaside spirit

The island has a long coastline with access to the sea, picturesque views and clean azure waters – perfect for beach holidays and leisurely strolls. The 5-star Cove Beach and Venus beach clubs give you a safe retreat from the noise and pace of city life, providing you with sun loungers and hammocks, atmospheric music, scrumptious food and delicious cocktails.

Infrastructure

Bluewaters Island is connected to the mainland of Dubai by a motorway that exits onto Sheikh Zayed Road. The popular Dubai Marina and JBR neighbourhoods are a 5-minute drive away, while Palm Jumeirah takes 15 minutes to reach. The Downtown area and the famous Burj Khalifa can be reached in 25 minutes, and Dubai International Airport is a half-hour drive away. Dubai Marina Mall and Dubai Mall are 10 and 20 minutes away, respectively.

Entertainment and relaxation

Gastronomy lovers will be able to visit some of Dubai’s best international restaurants on the island. These include The London Project, The Pods Pan-Asian cuisine, Venus Italian, Virgin Izakaya Dubai Japanese cuisine and SHI Restaurant & Lounge Chinese cuisine. Additionally, the Tr88house Entertainment Centre features interactive and soft play areas, with mazes and dry pools, as well as mini golf, laser tag and a trampoline park.

Resident visa for the purchase of real estate in Dubai

AED 750,000

2-year resident visa (USD 204,000)

AED 2,000,000

Golden visa (USD 545,000)

One of the most advantageous reasons to invest in real estate in Dubai is gaining eligibility to receive a resident visa.

If the value of the property is AED 750,000 (USD 204,000) or more, the owner will become eligible for a 2-year resident visa. The owner will qualify for a 10-year Golden visa if the purchase amount of their investment meets or exceeds AED 2,000,000 (USD 545,000).

Buying a ready-made property also allows the owner to apply for a Golden visa.

Sponsoring resident visas on behalf of family members, including spouses and children regardless of age

Receiving a driver’s licence and open a local bank account

Enrolling children in public and private educational institutions

Using public utilities and telecommunication services, such as getting a local phone number

Those who hold a Golden visa receive even more privileges, including:

Having the right to reside in the Emirates for 10 years, with the option of spending an unlimited amount of time outside the country

Being able to remain in the UAE until their visa expires even if the primary Golden visa holder has passed away

Sponsoring an unlimited number of resident visas on behalf of domestic staff

Economic attractiveness

This island area has next to no free places to build new developments. It is dominated by low-rise buildings with the highest quality finishes and from the best developers in the UAE.Therefore, real estate here retains its value very well and property prices remain quite high.

Apartments, penthouses and 4-bedroom duplexes on Bluewaters Island tend to have an ROI of 7.1% or more per year. These properties can be rented for short- or long-term stays, and with the current prognosis of 3 million or more tourists here per year, price increases for renting or selling will continue to be stable and lucrative.

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More than 100 exclusive project direcly from developer

ROI from 7.1%

Bluewaters Island is popular among wealthy families who appreciate the island’s close proximity to the sea, its developed infrastructure, and its perfect combination of comfort and privacy. The centre of the emirate can be reached in 25 minutes, which will provide all the essentials such as family-friendly activities, shopping and more.

AED 4,200,000

Apartments (USD 1,140,000)

AED 29,800,000

Townhouses (USD 8,100,000)

Mortgage financing — a convenient way to purchase real estate in the UAE

You now have the opportunity to own property without having to pay the full amount right away.

The UAE has established a mortgage financing system with flexible terms and conditions for interested customers. Banks, financial institutions and service providers can assume a significant portion of the purchase cost of the property on behalf of the buyer, who will then repay it over a long period of time.

There are two types of mortgage options available to finance your future property investment:

Variable rate mortgage

The interest rate for this type of mortgage will vary depending on the EIBOR*

Fixed rate mortgage

This option provides the lender with a fixed payment rate from the beginning to the end of the loan term. The amount of the monthly instalments (EMI) will remain constant throughout the duration of the loan, making it easy to plan and pay back.

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*EIBOR — The Emirates Interbank Offered Rate is the benchmark interest rate for lending between banks within the UAE. The Central Bank of the UAE publishes the reference rate that UAE banks use to issue loans every working day.