Developer: Meraas Holding · Bluewaters Island
Bluewaters Bay is a residential project by Meraas in Bluewaters Island, Dubai, with handover Q1 2027, construction 28.4% complete per the DLD registry, 679 units.
| Type | Size, sq.ft |
|---|---|
| 1 Bedroom | 799–1 257 |
| 2 Bedroom | 1 240–1 952 |
| 3 Bedroom | 2 015–2 891 |
| 4 Bedroom | 2 891–2 994 |
| 5 Bedroom | 6 878 |
The purchase price is split into these stages.
The exact schedule is confirmed in the sale agreement for the selected unit.
Data from the Dubai Land Department project registry (updated 23.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Meraas · District: Bluewaters Island
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 20.08.2026 | 1 BR | 3.7 | 138 650 |
| 17.08.2026 | 2 BR | 156.2 | 5 508 000 |
| 10.08.2026 | 2 BR | 156.2 | 5 706 000 |
| 30.07.2026 | 2 BR | 116.5 | 5 199 000 |
| 09.07.2026 | 1 BR | 74.9 | 2 767 000 |
| 23.06.2026 | 1 BR | 74.2 | 2 839 000 |
| 03.06.2026 | 1 BR | 74.0 | 3 315 000 |
| 14.05.2026 | 2 BR | 91.5 | 3 600 000 |
| 08.05.2026 | 3 BR | 191.4 | 7 900 001 |
| 08.04.2026 | 3 BR | 191.3 | 7 040 412 |
| 31.03.2026 | 2 BR | 116.8 | 5 600 000 |
| 03.03.2026 | 1 BR | 45.9 | 2 028 640 |
| 02.03.2026 | 3 BR | 189.7 | 8 550 000 |
| 18.02.2026 | 1 BR | 37.3 | 1 420 000 |
| 17.02.2026 | 3 BR | 191.4 | 7 800 000 |
| 17.02.2026 | 1 BR | 74.5 | 3 200 000 |
| 13.02.2026 | 2 BR | 91.5 | 3 666 000 |
| 09.02.2026 | 4 BR | 283.3 | 15 726 000 |
| 09.02.2026 | 1 BR | 74.4 | 2 773 000 |
| 03.02.2026 | 2 BR | 116.8 | 5 550 000 |
Dubai Land Department transaction registry, updated 2026-08-22. Explore Dubai property transactions →
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +1% over the same period, so the building lagged.
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 74 | 3 107 000 | 41 986 | 340 |
| 2 bedrooms | 122 | 5 000 000 | 40 984 | 290 |
| 3 bedrooms | 190 | 7 254 000 | 38 179 | 184 |
| 4 bedrooms | 278 | 16 045 000 | 57 716 | 24 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
From 2023 to 2025 — +2% on the price per square metre in this building. The district moved -4% over the same period, so the building outpaced the market.
Top to bottom: purchase price per m², year, annual rent per m², gross yield.
All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.
* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
Bluewaters Bay is a two-tower residential development by Meraas in the bay between Bluewaters Island and The Beach at JBR. The project comprises 679 residences and is active, with construction recorded at 28.38% complete. Its completion date is 1 March 2027.
Bluewaters Bay consists of two residential towers. Tower 1 is configured as ground level, three parking levels, 49 floors and a roof level, while Tower 2 has ground level, three parking levels, 40 floors and a roof level. The buildings are designed with concrete structures, blockwork and internal and external finishes. The exterior is defined by a glass façade and expansive terraces, while the entrance includes a double-height lobby. Open-plan apartment layouts are designed to bring natural light into the interior spaces. The first-floor amenity level faces Bluewaters Island and Ain Dubai on one side, and the beach and city skyline on the other.
The development has 679 units across its two towers. Its apartment layouts are open plan, with interior spaces designed for functionality and natural light. Expansive terraces form part of the building design, and the project has views towards Bluewaters Island and Ain Dubai. At ground level, the promenade connects with a linear park that provides a landscaped green space for residents and visitors. Community gardens and a dedicated children’s play area are also included. The development combines residential buildings with outdoor communal areas along the waterfront setting between Bluewaters Island and The Beach at JBR.
Bluewaters Bay includes an infinity pool, tennis court and fitness centre. The infinity pool has views towards Bluewaters Island and Ain Dubai, as well as the beach and skyline. The amenity offering also includes community gardens, a children’s play area, a promenade and a linear park. The tennis court, fitness centre and infinity pool are located on the first floor. The promenade provides direct access to Bluewaters Island and The Beach at JBR, while the ground-level linear park extends the landscaped outdoor areas of the project. These facilities are planned as part of the two-tower residential development.
Bluewaters Bay is located in the bay between Bluewaters Island and The Beach at JBR. Residents have direct access to both destinations through the promenade. The principal vehicular access is from Bluewaters Bridge, which connects to Sheikh Zayed Road. A street-level access point provides an alternative route to Dubai Marina. Bluewaters Island sits adjacent to Jumeirah Beach Residence, Palm Jumeirah and Dubai Marina. Nearby destinations include Madame Tussauds at 0.7 km, Ain Dubai Observation Wheel at 0.8 km, Marina Beach at 0.9 km, The Walk JBR at 1.4 km and Reel Cinemas at Dubai Marina Mall at 1.7 km. Roxy Cinema at The Beach is 0.8 km away.
Bluewaters Bay is active. Construction began on 25 February 2023, and the recorded completion ratio is 28.38%. The project completion date is 1 March 2027. The development is registered as two residential buildings with a combined total of 679 units. Tower 1 rises to 49 floors above its ground and three parking levels, with a roof level, and Tower 2 rises to 40 floors above its ground and three parking levels, with a roof level. The construction scope includes concrete structures, blockwork and internal and external finishes.
The payment plan allocates 20% as the first payment, 60% during construction and 20% on handover. This structure divides the purchase price between the initial payment, the construction period and key handover. The project’s completion date is 1 March 2027. Bluewaters Bay comprises 679 units in two residential towers, positioned between Bluewaters Island and The Beach at JBR. The development includes direct promenade access to both destinations, with road access from Bluewaters Bridge and a street-level route towards Dubai Marina.
Meraas is the developer of Bluewaters Bay. Its Dubai residential portfolio includes City Walk Residences, Bluewaters Residences, Nikki Beach Residences, BVLGARI Residences and Port de La Mer. Bluewaters Bay is located on Bluewaters Island, a waterfront destination adjacent to Jumeirah Beach Residence and Dubai Marina. For this project, Meraas has planned two residential towers with a glass façade, expansive terraces and a double-height lobby. The scheme also includes an infinity pool, tennis court, fitness centre, community gardens, children’s play area, promenade and linear park.
Dubai market as a whole: prices, transactions and trends (DLD data) →
We will send floor plans, the payment plan and available units for this project.
Project data comes from the Dubai Land Department (DLD) registry.
