The island's established address
Bluewaters Residences is the residential part of Bluewaters, the island Meraas built off Jumeirah Beach Residence, and the developer marks it sold out. No starting figure is published on the project page, so the honest answer on cost is price on request: values here are set by individual owners and by the letting market, not by a developer price list. The developer lists homes from one to five bedrooms and publishes floor plans for one-, two- and three-bedroom apartments and for a penthouse layout. Wincasa Properties, an authorised sales partner for Meraas, follows what changes hands on the island and quotes current asking prices in writing rather than from an old brochure.
Unlike the newer towers on the island, this project has no construction update on the developer's page — there is no progress report, no remaining payment plan being drawn down and no completion date to wait for. In practice that makes it the straightforward end of the Bluewaters market: a buyer views an actual apartment, sees the finish, the outlook and the state of the common areas, and can ask the building manager what the service charge has actually been rather than estimating it. Buyers who want certainty about what they are getting, and who are willing to pay a second-hand price for it, tend to end up here rather than in an off-plan tower.
The island around it is finished and busy. Ain Dubai stands at its centre, and Bluewaters carries shops, restaurants, entertainment venues, a Banyan Tree hotel and Madame Tussauds Dubai, with Brass Monkey and Tr88house among the leisure operators the developer names. The residential amenity list runs to swimming pools, among them an infinity pool facing the sea, fitness centres, a tennis court, a community garden raised above the street, walkways and running paths through the planting, a space for exercise and meditation, a beach club, a ferry dock and outlets for shopping, dining and entertainment on the doorstep. Very little of daily life requires leaving the island, which is part of the appeal and part of the price.
For location, the developer puts the island itself at five minutes, The Beach at Jumeirah Beach Residence at ten, Dubai Marina at five minutes' drive, Palm Jumeirah at ten, Downtown Dubai at fifteen and Dubai International Airport at thirty. That places the building inside the busiest strip of new Dubai while keeping it on its own piece of land, reached over the link at Jumeirah Beach Residence. The trade-off is traffic at weekends and during events, when the island fills with visitors, and a service-charge level that reflects the pools, gardens, beach club and manned lobbies an island building carries.