Bluewaters 5Bluewaters Island
4,875,000 AEDmarket
4,492 AED/ft²
Delivered: Q1 2019
Completed
Bluewaters 5
Bluewaters Island
1 - 4 BedsApartment
Launch price
2,240,000 AED
Booking
10%
Booking
Construction
-
Construction
Handover
10%
Handover
Local Information
-- to
Description
Bluewaters Residences offers apartments for sale in Bluewaters Island, a completed luxury development by Meraas. This waterfront project features ten residential buildings with 717 apartments, providing a mix of one, two, three, and four-bedroom layouts. Meraas completed construction in February 2019, delivering homes with high-quality finishes and open-plan kitchens. The development is home to Ain Dubai, the world's largest observation wheel, and offers direct pedestrian access to Jumeirah Beach Residence. Bluewaters Residences is conveniently located near Sheikh Zayed Road, Dubai Marina, and The Walk JBR. A historical payment plan included a 10% deposit, 10% on handover, and 80% post-handover over 60 months.
Price Analysis for Bluewaters 5
Apartment
1 B/R
128%
121 units
819 – 1,310 ft²
No market history available yet
Starting price
2.24M
1,972 /ft²
Current price
4.88M
4,492 /ft²
Every bedroom
priced differently.
All chartsLaunch curvesLive comparables
Price History for Bluewaters 5
| Date | Price | Type | Beds | |||
|---|---|---|---|---|---|---|
| 9 Jan 2025 | 4,800,000 | Apartment | 1 B/R | 1,133 ft² | — | 4,237 |
| 7 Nov 2024 | 4,950,000 | Apartment | 1 B/R | 1,146 ft² | — | 4,319 |
| 31 Oct 2024 | 5,500,000 | Apartment | 1 B/R | 1,179 ft² | — | 4,665 |
| 12 Jun 2024 | 3,980,000 | Apartment | 1 B/R | 820 ft² | — | 4,854 |
9 Jan 2025
4,800,000
1 B/RApartment
1,133 ft²
—
4,237
7 Nov 2024
4,950,000
1 B/RApartment
1,146 ft²
—
4,319
31 Oct 2024
5,500,000
1 B/RApartment
1,179 ft²
—
4,665
12 Jun 2024
3,980,000
1 B/RApartment
820 ft²
—
4,854
A little more context
changes the read.
All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²
Showing 4 most recent sales transactions
What's Available for Bluewaters 5
| Unit # | Type | Beds | From | Built-up | Int. Area | Ext. Area | Floor |
|---|---|---|---|---|---|---|---|
No units to display | |||||||
No units to display
Price Trends
For units in Bluewaters Island
Comparable Buildings in Bluewaters Island
Assigned Schools
Affordability
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FAQ
Bluewaters Island functions as a self-contained destination featuring Ain Dubai, the world's largest observation wheel, alongside a high density of retail and dining outlets. This man-made island environment offers a distinct separation from mainland traffic while maintaining direct pedestrian access to the JBR beachfront.
Bluewaters 5 provides a range of 1, 2, 3, and 4-bedroom apartments, catering to both individual professionals and families seeking waterfront residency. The variety of sizes allows for diverse household configurations within a single residential complex.
Residents of Bluewaters 5 have access to a gymnasium, a swimming pool, basketball courts, and landscaped gardens. The building also provides dedicated parking spaces for all unit owners.
Meraas Holding developed the entire Bluewaters Island project, ensuring consistent architectural standards across the residential buildings and the surrounding commercial zones. This master-planned approach integrates the residential blocks with the island's broader entertainment infrastructure.
