Diyor Kosimov

  1. Area Guide
  2. Bluewaters Island

About Bluewaters Island

Bluewaters Island is a synonym for opulence and ultramodern lifestyle. Having a prime location and a vast collection of attractions has made it one of the most wanted destinations in the town. This Marina community, by Meraas, contains a jaw-dropping collection of apartments, penthouses, and townhouses. Here, we will try to introduce you to the most complete guide to this area, its economic advantages, main landmarks, popular residences, and rental prices.
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28  MinutesDxb Airport
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24  MinutesDowntown Dubai
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19  MinutesBurj Al Arab
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21  MinutesDubai Mall
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Guide to Bluewaters Island

Bluewaters Island is an artificial marvel built by Meraas. It's not only a location; it's an event. Situated right 500 meters from Jumeirah Beach Residence, this $1. The 6 billion project includes 10 residential buildings, 2 five-star hotels,164 shops and cafes, and the magnificent Ain Dubai as the top tourist view.

 

Economic Attractiveness:


Investment in Bluewaters Island property can be very rewarding. The region displays high rental yields, in which 4-bedroom properties yield the highest returns at 7%. 1%. A one-bedroom apartment is on the market at up to 6. The two-bedroom units have lower returns, 2%, and the three-bedroom units generate higher returns, 5%. One bedroom — 9%, and two bedrooms — 5. 8%. Such returns suggest that Bluewaters Island is indeed profitable for investors.

Off Plan Projects for Sale in bluewaters island

Landmarks and Popular Residential Projects

The first extraordinary feature of Bluewaters Island is the Ain Dubai, the record-setting observation wheel that will be the tallest in the globe once completed. The platform will provide you with panoramic views of Dubai Marina, Palm Jumeirah, and the other popular tourist attractions around.


The island is also a paradise for eating facilities, which include many from the superstar chef Gordon Ramsay's Hell’s Kitchen and Cove Beach at Caesar’s Palace, The Coffee Club, and La Brioche, as well as The London Project, and Alici. Apart from that, the main residential section, Bluewaters Residences, is characterized by an interior design that incorporates minimalist finishes, floor-to-ceiling windows, open-plan kitchens, and penthouse apartments that have panoramic views of the Arabian Gulf, Marina, Ain Dubai, and the city skyline.

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Rental Price for 1, 2 or 3 Bedroom Apartments in Bluewaters Island

The Island of Bluewaters rent prices differ in accordance with the type of apartment you are looking for. One-bedroom flats will be longed for because of this favorable characteristic. 2% ROI, while North-facing, 2-bedroom units give a 5% return. 8%. Aside from the larger apartments that offer plenty of space and a high-class touch, the four-bedroom version features an incredible 7%. 1% earning capacity and 2-bedroom units are not forgotten as they also display a 5. 9% return. These fantastic returns definitely prove the fact that Bluewaters Island is an island that is looked for by both the dwellers and investors.


Reasons for Renting an Apartment:


In the case of renting Bluewaters Island apartment at a minimum, you will opt for the luxury lifestyle. The island has private beaches and offers a shaded pedestrian bridge to The Beach at Jumeirah Beach residence where you can partake in diverse water sports activities and entertainment. The high-class infrastructure, great views, and dynamic dining experience combine to bring to life superlative ease of living, at Bluewaters Island.


If you're attracted by Bluewaters Island and have a plan to move here or invest, call our experts immediately. We are here as your consultant, to answer your questions and help you make the correct choice for your future in this breathtaking place. Reach out to us now to start your journey of discovery on this amazing island.

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FAQs

Buyers/owners of properties can get a legal proxy with a proper and duly legalized power of attorney. This person with the POA can have the right to dispose of the properties on behalf of the client, as mentioned in the POA. The POA is valid for purposes like sale, mortgage, and gifting and is valid for a period of 2 years. In case of purchasing with a POA, the said POA is valid for 5 years from the date of notarization at the notary public.
Yes, you can sell an off-plan property before its completion date.
A buyer is eligible for UAE investor visa if his total investment is AED 1 million or above in one of maximum three properties.
Yes, any nationality can own freehold property in designated freehold areas in Dubai and an heir can inherit it.
An escrow account is that which acts as a third-party funding medium wherein the merchant receives access to the transferred money (by the buyer), once an escrow agreement has been fulfilled. If the agreement is not fulfilled by the merchant, the fund is then returned to the buyer. In UAE’s real estate market, an escrow account has a very particular function. The developers of the various projects have to open different escrow accounts for every project, as per the Escrow Account Law in UAE. It protects the buyers funds and regulates the funding that the developers receive from the

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