Bluewaters Residences 2

P1 — Delivered Ready Secondary
Developer Meraas Development L.L.C
Community Bluewaters Island
Property type Apartment
Data updated Feb 10, 2026

Bluewaters Residences 2 is a Delivered development by Meraas Development L.L.C in Bluewaters Island. 81 units across 2 Bedroom (47%), 3 Bedroom (31%), 1 Bedroom (14%). Over the trailing 12 months, 166 sales at a median of AED 10,300,000.

Key Metrics
Median Price
Value
AED 10,300,000
Change
22.6% YoY
Transactions
Value
166
Change
13 in period
Price / sqft
Value
AED 5,787
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 10,300,000
↑ 22.6% YoY
Transactions
166
↑ 13 in period
Price / sqft
AED 5,787
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
19.8%
Holding Period
Value
3.0 yrs
Liquidity
Value
16.1%
Ready Market Mix
Value
0.0%
Rental Activity
Value
22.2%
Capital Return
19.8%
Holding Period
3.0 yrs
Liquidity
16.1%
Ready Market Mix
0.0%
Rental Activity
22.2%

Rental Performance

Rental Volume
Value
182
Avg Annual Rent
Value
AED 357,233
New Leases
Value
74.2%
Renewals
Value
25.8%
Rental Volume
182
Avg Annual Rent
AED 357,233
New Leases
74.2%
Renewals
25.8%

Unit Mix

By bedroom type
1 Bedroom 11 units · 14%
2 Bedroom 38 units · 47%
3 Bedroom 25 units · 31%
4 Bedroom 7 units · 9%

Transaction Breakdown

All time — 166 transactions
Ready Primary
81
Ready Secondary
85

Price History

Median Price — Bluewaters Residences 2

Median prices in Bluewaters Residences 2 have declined significantly, down 20% to AED 8.7M over the past 9 months.

Recent Transactions

Showing last 10 of 166
Date Type Price (AED) Size (sqft) AED/sqft
Feb 10, 2026 RP Secondary 11,500,000 1,987 5,787
Feb 03, 2026 RP Secondary 5,900,000 1,146 5,148
Jan 28, 2026 RP Secondary 4,267,093 1,826 2,336
Dec 26, 2025 RP Secondary 12,600,000 2,114 5,957
Dec 18, 2025 RP Secondary 11,900,000 1,875 6,343
Dec 08, 2025 RP Secondary 9,000,000 1,488 6,047
Nov 26, 2025 RP Secondary 11,250,000 2,114 5,319
Sep 24, 2025 RP Secondary 11,000,000 1,759 6,251
Aug 27, 2025 RP Secondary 10,300,000 2,060 4,998
Aug 07, 2025 RP Secondary 5,500,000 1,198 4,590

This project is in Bluewaters Island

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