Developer: Meraas · Bluewaters Island

Bluewaters Bay

Bluewaters Bay is a residential project by Meraas in Bluewaters Island, Dubai, with prices from AED 2 850 000, handover Q1 2027, construction 37% complete per the DLD registry, 679 units, 829 DLD-registered sales since 2023.

Price fromAED 2 850 000Developer supplied
HandoverQ1 2027Developer supplied
Construction37%DLD registry · checked 25.08.2026
Units679DLD registry
DLD sales829 since 2023DLD registry
Median sale priceAED 39 582/m²Our calculation
Mortgage~AED 12 030/moOur calculation

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

Layouts and sizes

TypeSize, sq.ft
1 Bedroom799–1 257
2 Bedroom1 240–1 952
3 Bedroom2 015–2 891
4 Bedroom2 891–2 994
5 Bedroom6 878

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 2 850 000 AED is 12 035 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

36.97%
  • StatusActive
  • Construction started25.02.2023
  • HandoverQ1 2027
  • Status date25.08.2026
  • Progress between DLD inspections+8.59% (27.04.2026 → 25.08.2026)
  • Escrow bankADCB
  • Scale2 bldg
  • DLD project number2530

Data from the Dubai Land Department project registry (updated 07.10.2026 09:55).

Construction progress 120
25 August 2026 36.97%
Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 1 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 2 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 3 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 4 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 5 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 6 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 7 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 8 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 9 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 10 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 11 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 12 of 13Bluewaters Bay, Bluewaters Island construction progress — 25 August 2026, 36.97% complete, photo 13 of 13

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.

Recent transactions

DateTypeSize, m²Price, AED
31.08.20262 BR91.73 950 000
20.08.20261 BR3.7138 650
17.08.20262 BR156.25 508 000
10.08.20262 BR156.25 706 000
30.07.20262 BR116.55 199 000
09.07.20261 BR74.92 767 000
23.06.20261 BR74.22 839 000
03.06.20261 BR74.03 315 000
14.05.20262 BR91.53 600 000
08.05.20263 BR191.47 900 001
08.04.20263 BR191.37 040 412
31.03.20262 BR116.85 600 000
03.03.20261 BR45.92 028 640
02.03.20263 BR189.78 550 000
18.02.20261 BR37.31 420 000
17.02.20263 BR191.47 800 000
17.02.20261 BR74.53 200 000
13.02.20262 BR91.53 666 000
09.02.20261 BR74.42 773 000
09.02.20264 BR283.315 726 000

Dubai Land Department transaction registry, updated 06.10.2026. Explore Dubai property transactions →

Registered transactions in Bluewaters Bay

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.

829deals since 2023
39 582AED per m², median
0%resale, the rest bought from the developer
-1%over the past year

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 0% over the same period, so the building matched it.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom743 108 00042 000335
2 bedrooms1224 994 00040 934286
3 bedrooms1907 246 00038 137180
4 bedrooms27816 045 00057 71624

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

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.

39 4772023——
39 8552024——
40 4092025——
41 9972026*——

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.

How much is your property in Bluewaters Bay worth?

DLD has recorded 829 sales in this building since 2023. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Amenities

  • Tennis court
  • Infinity pool
  • Community gardens
  • Kids play area
  • Fitness centre
  • Promenade
  • Linear park
Bluewaters Bay

About the project

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 36.97% complete. Its completion date is 1 March 2027.

The project and architecture

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.

Residences and shared spaces

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.

Amenities

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.

Setting and connections

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.

Construction progress and completion

Bluewaters Bay is active. Construction began on 25 February 2023, and the recorded completion ratio is 36.97%. 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.

Payment plan

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.

The developer

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.

Frequent questions

Who is the developer of Bluewaters Bay?
Bluewaters Bay is developed by Meraas.
Where is Bluewaters Bay located?
Bluewaters Bay is located in the bay between Bluewaters Island and The Beach at JBR. It has direct promenade access to both destinations.
What is the completion status of Bluewaters Bay?
The project is active and recorded at 36.97% complete. Construction began on 25 February 2023.
When is Bluewaters Bay scheduled for completion?
The completion date is 1 March 2027.
What is the Bluewaters Bay payment plan?
The plan is 20% as the first payment, 60% during construction and 20% on handover.
How many residences are in Bluewaters Bay?
Bluewaters Bay comprises 679 units across two residential towers.
What amenities are planned at Bluewaters Bay?
Amenities include an infinity pool, tennis court, fitness centre, community gardens, a children’s play area, promenade and linear park.
What is near Bluewaters Bay?
Ain Dubai Observation Wheel and Roxy Cinema at The Beach are each 0.8 km away, while Marina Beach is 0.9 km away. The Walk JBR is 1.4 km away.
How can I buy an apartment in Bluewaters Bay?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

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How to cite:Bluewaters Bay — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-12, https://continentalclub.ae/project/bluewaters-bay-bluewaters-island/