New Dubai coast
Bluewaters Island
A compact reclaimed island just off JBR, opened in 2018 and anchored by the Ain Dubai observation wheel. It combines a small number of low-rise residential buildings with hotels, a waterfront dining strip and a beach, and records the highest sale price per sq ft in this group.
- 1-bed rent
- AED 311,000per year
- 2-bed rent
- AED 425,000per year
- Apartment price
- AED 5,042per sq ft
- 1-bed apartment
- AED 4.91Maverage asking
- Gross yield
- 4.88%published
Averages published by Property Finder Area Insights, September 2026. How they are measured.
Living in Bluewaters Island
Why people choose it
- Car-light island with beach, dining and hotels on foot
- Footbridge to The Beach at JBR
- Small, low-rise residential stock with sea views
Worth knowing
- Very high rents and purchase prices; limited choice of homes
- Visitor crowds around the wheel and restaurants at weekends
- Character
- Small island, ultra-prime apartments
- Master developer
- Meraas
- Since
- 2013
- Freehold
- Yes, freehold for foreign buyers
- Homes
- Apartments, Townhouses
- Metro
- None in the district
- Getting around
- Footbridge to The Beach at JBR (tram and metro beyond); road bridge from Sheikh Zayed Road
- Beach
- Island beach; JBR Beach across the footbridge
- Schools
- —
Rent or buy
Bluewaters Island in numbers
Renting
Suits high-budget tenants who want a quiet-at-night island address with the JBR buzz a short walk away.
| 1 bedroom | AED 311,000 |
|---|---|
| 2 bedrooms | AED 425,000 |
Buying
Thin, high-priced market with few transactions a year, so resale timing can be slow.
| Apartments, per sq ft | AED 5,042 |
|---|---|
| 1-bed apartment | AED 4,910,000 |
| Gross yield | 4.88% |
How these figures are measured
- Rents: Property Finder Area Insights, average asking rent of current listings (not DLD), retrieved 29 Sep 2026; no studio listings found source
- Prices: Property Finder Area Insights, retrieved 29 Sep 2026: 1BR/3BR = average asking price of current listings; price per sq ft = average of DLD sale transactions over the past 12 months (all property types) source
- Yield: Property Finder Area Insights, rental yield shown in the area market data (past 12 months), retrieved 29 Sep 2026 source
Asking figures reflect advertised listings, not signed contracts; transaction figures are Dubai Land Department records. Freehold: Yes, freehold for foreign buyers.
Out and about
Things to do in Bluewaters Island
Draws visitors for Ain Dubai, Madame Tussauds and the waterfront restaurants.
- Ain Dubaiattraction
Giant observation wheel, operating as of 2026
- Madame Tussauds Dubaiattraction
Wax museum, opened 2021
- Bluewaters Wharfdining
Waterfront row of restaurants and bars
- Banyan Tree Dubaihotel & beach
Beach resort, formerly Caesars Palace
Visiting, or just moved in? We can arrange a short stay or a tour around Bluewaters Island.
Addresses people ask about
Notable buildings & projects
- Bluewaters Residences
- Bluewaters Bay
Names only, for orientation: not an offer. Ask us for what is available in each.
Nearby
Neighbouring districts
Jumeirah Beach Residence
beachfront tower strip, very lively
Dubai Marina
high-rise canal-side waterfront
Dubai Harbour
new beachfront towers and marina
Palm Jumeirah
island resort living, villas and towers
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- Hours
- Sun–Fri, 9:00–19:00 (UAE)
- Languages
- English, French, Arabic, Russian
FAQ
Bluewaters Island: common questions
Average asking rents per year in Bluewaters Island: one-bedroom AED 311,000, two-bedroom AED 425,000 (Property Finder Area Insights, September 2026). Actual rents depend on the building, view, floor and furnishing.
Yes, freehold for foreign buyers. Foreign buyers can own homes here outright and register them with the Dubai Land Department.
No metro station inside the district. Footbridge to The Beach at JBR (tram and metro beyond); road bridge from Sheikh Zayed Road
Car-light island with beach, dining and hotels on foot. Footbridge to The Beach at JBR. Small, low-rise residential stock with sea views. On the other hand: very high rents and purchase prices; limited choice of homes. visitor crowds around the wheel and restaurants at weekends.
Ain Dubai (giant observation wheel, operating as of 2026); Madame Tussauds Dubai (wax museum, opened 2021); Bluewaters Wharf (waterfront row of restaurants and bars); Banyan Tree Dubai (beach resort, formerly caesars palace).