Authorised Sales Partner — Meraas
Destinations
Projects
Bluewaters, Dubai
Bluewaters Bay is marked sold out by Meraas; the developer's launch price was AED 2.85 M for one- to five-bedroom apartments in two towers on the island. Wincasa handles resale enquiries on Bluewaters.
Sold out — register for resale units and the next release
Developed by Meraas · Sold by Wincasa LLC
Starting price
Sold out by the developer — resale only
Bedrooms
1 BR to 5 BR
Destination
Bluewaters
Status
Sold out
Renders and photographs supplied by Meraas. Finishes, landscaping and views are indicative and may differ at handover.
Amenities
The amenities Meraas lists for Bluewaters Bay.
Floor plans
Construction progress
According to our internal inspection conducted on 11 June 2026, the project’s progress stands at 31.30%. As per the Real Estate Regulatory Agency, the reported progress is 28.38%, based on their inspection conducted on 27 April 2026.
Every figure above is published by Meraas and describes the developer’s own project, not Wincasa’s. Progress is reported as at the inspection dates the developer states and moves after them — ask Wincasa for the current position before you rely on it.
Bluewaters Bay is a pair of residential towers by Meraas at the entrance to Bluewaters, the man-made island off Jumeirah Beach Residence, and the developer's page marks the project sold out. Meraas published a starting price of AED 2.85 M and listed homes from one to five bedrooms before the release closed. Because no developer stock remains, a buyer now deals with an existing purchaser: the price is whatever that owner asks, the remaining instalments transfer with the contract, and Meraas has to issue a no-objection certificate before the Dubai Land Department will record the change. Wincasa Properties, an authorised sales partner for Meraas, works that resale market and reports what is genuinely trading.
The towers are still going up and the developer publishes its own progress. The most recent update has Tower 1 at Level 40 and Tower 2 at its thirty-fourth level, with internal finishing, mechanical, electrical and plumbing installation and façade work advancing across both, and superstructure due to complete in both towers over the following quarter. That is unusually useful information for a resale buyer, because it sets roughly how much of the payment plan the seller will already have paid and therefore how much cash a purchase needs at signing. It also means the building can be inspected from the promenade before an offer is made.
What separates this from most off-plan purchases is that the neighbourhood already exists. Bluewaters is finished and trading: Ain Dubai stands at the centre of it, the island carries shops, restaurants, entertainment venues and a Banyan Tree hotel, and Madame Tussauds Dubai sits among the attractions. A buyer can walk the promenade, eat there on a Friday evening and judge the noise, the crowds and the parking before committing, which is rarely possible when buying a tower in a district that has not been built yet. The developer lists Ain Dubai at five minutes, Jumeirah Beach Residence and Palm Jumeirah at ten, Downtown Dubai at fifteen and Dubai International Airport at thirty.
Inside the scheme, Meraas describes an entrance through a double-height lobby with views towards the sea and the city skyline, and lists an infinity pool looking out to sea, a tennis court, walkways and running paths through the landscaping, a community garden raised above the street and an area set aside for exercise and meditation. The apartments are open-plan and the developer's material emphasises light and outlook rather than square footage, which is worth remembering: aspect is the main price driver in a building like this. A home facing the Gulf, one facing Ain Dubai and one facing the mainland skyline are three different propositions even on the same floor.
A man-made island off the JBR coast built around Ain Dubai, with two Meraas addresses on it: Bluewaters Residences and Bluewaters Bay. Both are sold out at the developer, so Wincasa works the resale market.
Explore BluewatersWincasa’s view
Bluewaters Bay suits a buyer who wants a sea address with a working neighbourhood attached rather than a quiet residential street. The island runs on visitors as well as residents, so weekends and holidays are busy, parking is managed and the promenade below is public. That is exactly what supports short-let and holiday-let demand, and exactly what irritates an owner-occupier who expected calm. Decide which of those two buyers you are before choosing between a tower here and a mainland alternative in Dubai Marina or Jumeirah Beach Residence, and visit at a weekend rather than on a weekday morning.
Because the project is sold out but not yet complete, the transaction is an off-plan assignment rather than a straightforward sale. Establish what percentage of the price the seller has already paid, what remains, and what Meraas charges to issue the no-objection certificate that allows the transfer. Confirm the unit is registered in the seller's name with the Dubai Land Department and budget the Land Department transfer and registration costs on top of the agreed price. Where the developer sells a unit directly, the contract is with Meraas Development LLC and instalments go into the project escrow account under Land Department rules, never to the broker; Wincasa is paid by the developer on those sales.
On the investment side, treat aspect and floor as the two variables that matter most and service charges as the cost that decides the yield. Island buildings with pools, gardens, tennis and a manned lobby are not cheap to run, and the charge is not printed on the developer's page, so ask for the current figure before modelling a return. Bluewaters Residences, the older group of buildings further along the island, is the natural comparison: it is also sold out, is already lived in, and gives a buyer a sense of how the island's stock rents and resells once the newer towers hand over.
This section is Wincasa Properties’ own assessment as the sales partner. It is not the developer’s statement, and it is not financial or legal advice — take your own before you commit.
The neighbourhood
Bluewaters Bay sits in Bluewaters, Dubai. The places below are the landmarks Meraas names around the project, with the developer's own distances.
Landmarks as named by the developer. Ask Wincasa for driving times measured from the plot at the time you visit.
The developer has not published map coordinates for this project. Ask Wincasa for the plot location and a site visit.
The enquiry goes to Wincasa Properties, the authorised sales partner — not to the developer. We reply with what is actually available, the developer’s current price and the payment plan in writing.
Tell Wincasa the unit type and budget you have in mind for Bluewaters Bay. A consultant replies with what is released today, the developer's payment plan and the steps to reserve — at the developer's own price, with independent advice from the first call through to handover.
Your enquiry is received and answered by Wincasa Properties (Wincasa LLC), authorised sales partner. It is not sent to Meraas.
