Bluewaters Residences 1

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community Bluewaters Island
Property type Apartment
Data updated Nov 05, 2025

Bluewaters Residences 1 is a Delivered development by Meraas Development L.L.C in Bluewaters Island. 41 units across 4 Bedroom (42%), 2 Bedroom (39%), 3 Bedroom (15%). Over the trailing 12 months, 81 sales at a median of AED 9,875,000.

Limited transaction data available for this project. Community-level metrics shown where project data is insufficient.

Key Metrics
Median Price
Value
AED 9,875,000
Change
28.8% YoY
Transactions
Value
81
Change
2 in period
Price / sqft
Value
AED 5,184
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 9,875,000
↑ 28.8% YoY
Transactions
81
↑ 2 in period
Price / sqft
AED 5,184
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
21.8%
Holding Period
Value
2.3 yrs
Liquidity
Value
4.9%
Ready Market Mix
Value
0.0%
Rental Activity
Value
26.8%
Capital Return
21.8%
Holding Period
2.3 yrs
Liquidity
4.9%
Ready Market Mix
0.0%
Rental Activity
26.8%

Rental Performance

Rental Volume
Value
62
Avg Annual Rent
Value
AED 334,096
New Leases
Value
79.0%
Renewals
Value
21.0%
Rental Volume
62
Avg Annual Rent
AED 334,096
New Leases
79.0%
Renewals
21.0%

Unit Mix

By bedroom type
1 Bedroom 2 units · 5%
2 Bedroom 16 units · 39%
3 Bedroom 6 units · 15%
4 Bedroom 17 units · 42%

Transaction Breakdown

All time — 81 transactions
Off-Plan Primary
13
Ready Primary
28
Ready Secondary
40

Recent Transactions

Showing last 10 of 81
Date Type Price (AED) Size (sqft) AED/sqft
Nov 05, 2025 RP Secondary 13,700,000 2,183 6,275
May 22, 2025 RP Secondary 6,050,000 1,478 4,093
Mar 17, 2025 RP Secondary 16,900,000 2,562 6,594
Feb 04, 2025 RP Secondary 12,650,000 2,174 5,817
Nov 15, 2024 RP Secondary 6,800,000 1,711 3,973
Sep 20, 2024 RP Secondary 4,700,000 1,979 2,374
Jul 22, 2024 RP Secondary 3,600,000 1,711 2,103
Jun 20, 2024 RP Secondary 8,900,000 1,711 5,200
Jun 11, 2024 RP Secondary 7,665,000 1,711 4,479
Sep 26, 2023 RP Secondary 7,900,000 1,711 4,616

This project is in Bluewaters Island

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