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Bluewaters Bay

Bluewaters Island, Dubai by Meraas Handover Q3 2027

Bluewaters Bay is an off-plan apartments and penthouses development by Meraas in Bluewaters Island, Dubai, with homes from AED 2,560,000 on an 80/20 payment plan and handover expected in Q3 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 2,560,000

Overview

Apartments and penthouses in Bluewaters Island.

Bluewaters Bay is an upscale residential development by Meraas Holding, which is located on the signature Bluewaters Island next to JBR beach. As an addition to the existing Bluewaters Residences complex, the Bluewaters Bay was launched in Q4 2022 and comprises 2 beautiful towers, with a selection of stylish 1–4 bedroom apartments and 3-bedroom opulent penthouses with generous living and dining spaces. In total, the residential project plans to have 672 residential units plus 1 retail unit.

The size of the apartments in Bluewaters Bay varies between 800 sq. ft and 3,050 sq. ft, while the layouts include one or more balconies, overlooking the stunning Dubai waterfront and the distinctive Ain Dubai. It is worth noting that select 2-bedroom apartments and all 3–4 bedroom residences will include a maid’s room, a dressing area and a powder room. From your master bedroom you will be able to enjoy a sea view, allowing you to enjoy the gorgeous sunsets.

Details

Key facts.

Developer
Meraas
City
Dubai
Starting price
AED 2,560,000
Status
Off-plan
Handover
Q3 2027
Property types
Apartment, Penthouse
Unit types
1–4 BR · Apartments, penthouses
Payment plan
80/20
Golden Visa
Priced from AED 2M

Payment plan

80/20, paid in 3 steps.

80% before handover20% on handover
  1. 120%Down paymentOn booking
  2. 260%Construction instalmentsDuring construction
  3. 320%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%512,000
Construction instalmentsDuring construction60%1,536,000
Handover paymentOn handover20%512,000
Total100%2,560,000

*Worked example on the starting price of AED 2,560,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
1 bedroom800
Unit typeSize (sq ft)
2 bedrooms1225
Unit typeSize (sq ft)
3 bedrooms2000
Unit typeSize (sq ft)
4 bedrooms2850

Location

In Bluewaters Island.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 2,560,000
Paid before handover
AED 2,048,000 (80%)
Due on handover
AED 512,000 (20%)
DLD registration (4%)
AED 102,400 verify
Golden Visa threshold
From-price is AED 2M or more

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About Meraas.

Projects on Sovereign
19
All projects by Meraas
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Bluewaters Bay?

Homes at Bluewaters Bay start from AED 2,560,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Bluewaters Bay?

Meraas offers an 80/20 payment plan: 80% during construction and 20% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Bluewaters Bay?

Handover is expected in Q3 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Bluewaters Bay?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Bluewaters Bay qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Bluewaters Bay?

Bluewaters Bay is developed by Meraas. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Bluewaters Bay?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Bluewaters Bay.

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