
Meraas Bluewaters Residences for Sale in Bluewaters Island
Bluewaters Residences By Meraas
On Bluewaters Island, a private island in Dubai, Bluewaters Residences by Meraas is a waterfront community. An influential attraction of the island is the Ain Dubai observation wheel, the world’s largest. Rising above the glittering waters of the Arabian Gulf, the scene captivates visitors with its impressive size and breathtaking design.
Bluewaters Island features 10 residential buildings containing floorplans with 1 to 4-bedroom apartments and penthouses. However, number of units varies by property type.
You can expect high rental yields in the area if you invest in Bluewaters apartments. Among the 4-bedroom apartments, the rental yield is the highest at 7.1%. Additionally, 1-bedroom units can yield a 6.2% return on investment while 3-bedroom units generate a 5.9% return on investment. Bluewaters Residences offers 2-bedroom apartments that generate a 5.8% return on investment.
Meraas’ Bluewaters Residences apartments come with floor-to-ceiling windows and have spacious bedrooms.

Key Project Highlights
- Overlooks the Caesars Palace and Ain Dubai- the world’s tallest and largest observation wheel
- Set in an idyllic famil-centric island
- A fusion of urban modern and waterfront living
- Star-class amenities with a shopping and dining experience
Amenities
Kid's Play Area
Beach Access
Swimming Pool
Pet Friendly
Spacious Kitchen
Parks and Gardens
Cafe & Restaurants
Balcony
Parking
Air Conditioning
Bluewaters Residences By Meraas Location
Payment Plan
10% Down Payment
10% Till Construction
80% Post Handover
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Permit Number: 2024240650
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