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Bluewaters Island is an entertainment and residential district currently under-construction 500 meters off the coast of JBR/Dubai Marina, within touching distance of the Marina connected to the mainland by a direct road link to Sheikh Zayed Road, providing easy access to Dubai and Abu Dhabi. The Island's center-piece is 210 meter tall Ain Dubai, which will be the largest ferris wheel in the world upon completion.

Don’t miss the most exclusive offer for this apartment only for now!

Post handover 5 years payment plan

Pay 20% and move in your own apartment

You can pay 80% in the next 5 YEARS

100% Discount on Dubai land registration fees will save you 200,000 AED plus

DEVELOPER’S OFFER VALID ONLY TILL 31st of DECEMBER, 2018!

There will also be a 265-metre pedestrian bridge linking the island to the beachfront at Jumeirah Beach Residence, a monorail connecting to the Dubai Metro, and a cable car to JBR. A driverless Group Rapid Transit service will also offer passengers a unique travel experience. Bluewaters Island is offering a chance to purchase exclusive, luxury real estate within a world-class entertainment district providing a premium lifestyle for the whole family with residential amenities including:

  • State-of-the-art gymnasiums,
  • Swimming pools,
  • Landscaped gardens,
  • Basketball courts,
  • Children’s play areas.

Average price for properties here is AED2200 per sq.feet, which is comparable to Palm Jumeriah and Downtown Dubai.

Meraas, the developer for the project, is dedicated to making Dubai better for people to live, work and play in.

INVESTMENT SCORE:

Value for Money: 80%

Project Uniqueness: 100%

Location & Connectivity: 90%

Rental Yield Expectation: 65%

Capital Growth Expectation: 75%

OTHER DEVELOPMENT POSITIVES:

  1. Freehold development with 698 apartments, four penthouses and 17 townhouses under construction
  2. 10 Low-rise to mid-rise buildings (G+6 to G+14)
  3. Basement parking for residents
  4. Scenic outdoor spaces, landscaped common areas and panoramic ocean views
  5. Resale after 55% payment covered.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management