Dubai · Area Investment Guide
Bluewaters Island: Prices, Yields & Investor Guide
Bluewaters Island is a premium waterfront destination off JBR, home to Ain Dubai (the world's largest observation wheel) and a mix of luxury apartments, townhouses and retail.
Updated August 2026
At a glance
What are property prices and rental yields in Bluewaters Island?
In Bluewaters Island, average prices are around AED 4,760 per square foot, gross rental yields sit near 6%. Figures move with the market, so treat them as a guide and ask us for the current number on a specific building.
| Average price per sqft | AED 4,760 |
|---|---|
| Gross rental yield | 6% |
| Ownership | Freehold |
See how Bluewaters Island compares to other Dubai areas by yield ›
Useful guides: off-plan payment plans, the cost of buying in Dubai.
What has actually sold in Bluewaters Island over the last 12 months, straight from Dubai Land Department records. Data as of November 2026 · source: Dubai Land Department via DXB Interact. The developments with the most recorded sales in Bluewaters Island over the last 12 months. Ranked by number of recorded sales. Price per sqft can read high for towers of small or serviced units, where studios and hotel apartments sell at a higher rate per foot than larger homes nearby. Where tenants are actually signing, and which buildings give landlords the strongest gross yield. Data as of November 2026 · source: Dubai Land Department via DXB Interact. Yields are gross, before service charges. Ask us for a rental projection on a specific building in Bluewaters Island › Bluewaters is a Meraas-built island connected to JBR by bridge, anchored by Ain Dubai, Caesars Palace and a lively retail and dining promenade. It offers premium residences with sea and skyline views in a lifestyle-rich setting. For investors it combines a landmark location, strong short-let appeal and premium branded stock. Prices sit in the upper band; the value is a scarce island address with tourist draw and beachfront proximity. It combines a landmark location, strong short-let appeal and premium branded stock. Prices are upper-band; the value is a scarce island address with tourist draw. Yes, it is freehold and open to foreign ownership. Ain Dubai, the world’s largest observation wheel, plus a premium residential, retail and hotel destination. Yes, its tourist appeal and beachfront proximity support strong nightly demand.Sales data in Bluewaters Island
Top-selling projects in Bluewaters Island
Project
Sales (12 mo)
Median price
Per sqft
Bluewaters Bay – Building 2
21
AED 3.48M
AED 3,528
Bluewaters Bay – Building 1
16
AED 4.44M
AED 4,023
Bluewaters Residences 3
15
AED 6.25M
AED 5,344
Bluewaters Residences 2
13
AED 9M
AED 5,672
Bluewaters Residences 4
11
AED 12M
AED 5,754
Rental data in Bluewaters Island
Most-rented buildings
Building
Leases (12 mo)
Median annual rent
Bluewaters Residences 5
31
AED 280,000
Bluewaters Residences 8
29
AED 466,200
Bluewaters Residences 4
28
AED 345,000
Bluewaters Residences 3
27
AED 360,000
Bluewaters Residences 2
22
AED 352,500
Best gross yields by building
Building
Gross yield
Median price
Median rent
Bluewaters Residences 3
6.4%
AED 6.25M
AED 400,000
Bluewaters Residences 6
5.2%
AED 8.87M
AED 457,500
Bluewaters Residences 2
3.9%
AED 9M
AED 350,000
What is Bluewaters Island?
Prices & market data
Amenities & lifestyle
Lifestyle
Connectivity
Bluewaters Island — frequently asked questions