BLUEWATERS BAY is a premium residential complex from the creator Meraas on the favored man-made island of Bluewaters Island. Real estate here is ideal for those who want to live on the bay's shore, surrounded by first-class amenities.
The complex consists of two elegant buildings that harmoniously combine classical architecture and cutting-edge design elements. Stylish apartments with 1-4 bedrooms and three exclusive penthouses are for sale.
All residences have immense balconies or patios, presenting spectacular sights of the waterfront, the Arabian Gulf, and the famous Ain Dubai Ferris Wheel. The design has an ample living room, equipped kitchen, and laundry room; 3- and 4-bedroom apartments have a maid's room with an attached bathroom.
About the project
Dubai has numerous internationally acclaimed goals, but Bluewater Island is less well known. Ain Dubai is home to the world's giant Ferris wheel, the 1st and only outside the US, and various cafes, stores, relaxation, and recreation. Bluewaters Island is next to Jumeirah Beach Residence, assembling it one of the city's most famous and energetic locations.
Motivated by the lifestyle of Dubai, Bluewaters Bay's modern architectural design and amazing establishment produce a real feeling of brilliance that has evolved interchangeably with our beloved city. From the brilliant lights of the Bluewaters to the sparkling waters of the Arabian Gulf, its open floor plans make living conditions inside and out, encouraging a lifestyle in balance with the world around.
Constructing a home that blends the peace and privacy of the seaside with the tinsel and power of a vibrant city. Bluewaters Bay absolutely exemplifies this amazing variety. Residents will have direct entry to these two destinations along the waterfront, which is located in the bay between Bluewaters Island and The Beach at JBR. The options here are limitless, whether you desire to spend a restful day on the seaside or dine in an amazing restaurant.
Bluewaters Bay can be accessed straight from the Bluewaters Bridge, bonded to Sheikh Zayed Road. It stands out with its stunning design, ascending high and assuming its proper position on the skyline of Dubai Marina and JBR. The glass façade and spacious patios offer residents the feeling that they are merging indoor and outdoor environments, evolving one with the tranquil seascape.
Upon entering, residents enter an unusual double-ceilinged lobby overlooking the sparkling city skyline. On the ground floor, visitors may play tennis, work out in the superbly provided fitness center or swim in the infinity pool, overlooking Bluewaters Island and Ain Dubai on one side and the beach and skyline on the other.
The interior areas allow abundant natural light, accentuating the carefully crafted furnishings. Ample interior structures are specially developed for maximum functionality and meticulous attention to detail. The path joins with a leafy park at the base floor level, making a cozy green area for citizens and sightseers alike.
About the community
Meraas' project is a passionate, active lifestyle goal featuring distinctive residential, retail, hospitality, and recreation complexes with premium luxuries. It offers a splendid panorama of the whole of Dubai and its towers.
Arrive and experience a shopper's heaven featuring special retail and restaurant ideas. This is where you can remain at Caesars Palace's world-class hotel with great gifts, see your loved ones, or study the entire island, from its amusement shops to its restaurants.
Meraas is a personal holding corporation established in Dubai. Since its beginning in 2007, the creator has built retail and residential establishments and infrastructure facilities. In 2020, the area of the developer's actions was created: Meraas evolved as part of Dubai Holding by the determination of the ruler of Dubai.
The thought of the union was to climb up the actions of Meraas Holding and develop its competence to make investment effects to entice investors from all over the world to Dubai.
The luxury residences will be perfect for youthful partners and families with kids, thanks to a large selection of apartments with spacious structures. The waterfront complex suggests a special resort lifestyle that provides owners access to the many entertainment places on Bluewaters Island.
It will be complemented by an abundance of special luxuries such as:
- ample grounds
- outdoor seating places surrounded by scenic Arabian Gulf and skyline sights
- well-equipped wellness center
- resort-style swimming pool
- outdoor wellness center, and others.
The flats, discovered on the sought-after Bluewaters Island, will be a profitable investment opportunity, as the residences' value will only increase as the complex forms. The real estate investment has an ROI of around 9%, and the starting cost for a 1-bedroom flat is AED 250,000 (USD 68,000) per year. At the same time, potential owners can be involved in a 10-year UAE Golden Visa to acquire a residence.
Motivations to invest in Dubai
The investment market is considered one of the most profitable in the world. You can get a reasonable income with the right approach and choice of object.
The main reasons why you should invest in real estate in Dubai:
- Rental outcomes are higher than in the real estate markets of other major cities. The moderate gross profit from putting an object into a short-term lease is up to 10%, and in a long-term lease - 5-7%.
- Apartments and villas for rent are in high demand. More than 14 million tourists visited the city in 2022, according to the Dubai Economy and Tourism Department. This is 97% more than in 2021.
- Dubai presents favorable conditions for the purchase of the luxury real estate. The price per square foot in flats in Dubai or villas is lower than in other cities worldwide.
- You can obtain a residence permit when funding in real estate and meeting many conditions. The real-time of it relies on the property's value. If the apartment costs 1 million dirhams, you can get a visa for 2 years. The higher the price, the longer the validity of the visa.
- Dubai has favorable tax requirements. There are no property taxes and stamp duties, which positively affects the net revenue from investments.
If you are determined to search for a property in Dubai, check Emirates.Estate and get qualified help.
Sylvia Silverstone is a passionate writer who loves to share her knowledge and expertise on a wide range of topics, including beauty, life hacks, entertainment, health, news, and money. With a keen eye for detail and a talent for storytelling, Sylvia's engaging writing style keeps readers coming back for more.