Bluewaters Bay Property Development By Meraas Holding
Last Updated on: 15th November 2024, 12:11 pm
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Introducing the stunning Bluewaters Bay property development by Meraas Holding, a leading name in luxury real estate in Dubai. Nestled between Bluewaters Island and The Beach at JBR, Bluewaters Bay promises an unmatched lifestyle of luxury and elegance. With its strategically ideal location, this upscale residential project is designed to meet the highest expectations of modern living. It features various unit sizes, starting from 799 sq ft to 6,878 sq ft, making it a unique investment opportunity for both homeowners and investors alike. The remarkable development is set for completion by Q3 2027, allowing ample time for potential buyers to explore options within this exclusive community. As Meraas Holding continues to expand its portfolio, the Bluewaters Bay Property Development stands as a beacon of high living standards and promising investment potential123.
Key Takeaways
- Prominent location between Bluewaters Island and The Beach at JBR.
- Development caters to elite living standards in Dubai’s real estate market.
- Offers various upscale residential units and luxurious amenities.
- Expected completion date is Q3 2027.
- Investment options suitable for diverse buyer profiles.
- Designed for modern seaside community living.
Discovering the Allure of Bluewaters Bay
Bluewaters Bay stands out as a premier destination within the Dubai property market, known for its vibrant seaside community and exceptional residential offerings. Situated in a prime location, it provides residents with convenient connectivity to the city’s most iconic attractions, making it a sought-after choice for those looking to invest in luxury real estate.
Prime Location and Connectivity
Accessibility is one of the key features that makes Bluewaters Bay appealing. The primary entrance from Sheikh Zayed Road, via the connected Bluewaters Bridge, ensures residents can swiftly reach significant areas like Dubai Marina and Downtown Dubai. This seamless connectivity enhances the charm of the community. Living in this upscale residential project means immersing oneself in an environment surrounded by entertainment options, such as Ain Dubai, the largest observation wheel globally.
Luxury Real Estate in Dubai’s Vibrant Market
Bluewaters Bay is a testament to the luxurious real estate market in Dubai, with various options ranging from 1 to 4-bedroom apartments, showcasing sizes that exceed average market offerings. The project consists of 672 residential units and 3 penthouses, providing a diverse choice for potential new homeowners. Apartment sizes span from 800 to 3,050 sq. ft, which caters to a wide range of lifestyle preferences, and prices for a 1-bedroom start at AED 2.56 million, while 3-bedroom options reach up to AED 6.35 million4. With 365 properties available for sale, the average price per square foot is 4,969 AED, and the average sale price for all apartments is 9,139,181 AED5. The potential for lucrative investment opportunities is not overlooked, especially with the gross rental yield standing at 5.26%5 and a year-on-year average price increase of 57.64%5.
Exceptional Amenities and Design
Bluewaters Bay stands as a hallmark of modern luxury, showcasing stunning architectural features that cater to discerning residents. The project offers a range of residential options, including 1-4 bedroom apartments and expansive 5-bedroom penthouses, each adorned with striking glass facades and spacious terraces, fostering a seamless indoor-outdoor living experience.
Stunning Architectural Features
The architectural design enhances the aesthetic value of this upscale residential project, marrying elegance with functionality. The innovative layout not only emphasizes luxury but also highlights breathtaking views of the surrounding city skyline and serene waters of the Gulf. Such attributes reflect the core of luxury living, inviting residents to indulge in a vibrant lifestyle.
A Wealth of Facilities
Residents at Bluewaters Bay enjoy an impressive array of amenities that fortify the project’s appeal. Key facilities include:
- Infinity pool with scenic views of Ain Dubai
- State-of-the-art fitness center
- Designated children’s play areas
- Landscaped walking trails and jogging paths
- Community-focused gardens for relaxation
- Tennis courts for active recreation
This comprehensive wealth of facilities not only cultivates a dynamic community atmosphere but also embraces a luxurious lifestyle that promotes health and well-being. Prospective buyers can take advantage of attractive payment plans, including a 20% down payment, 60% during construction, and the final 20% upon completion, making owning a home in such a prime location more accessible. For further details on living in this exquisite development, explore the offerings at Bluewaters Bay6.
Conclusion
In summary, Bluewaters Bay represents a premier property development by Meraas Holding within Dubai’s vibrant luxury real estate market. With its contemporary architectural design and strategic location on Bluewaters Island, it captures the essence of upscale living by offering limited edition apartments and penthouses that enhance exclusivity in a competitive atmosphere. The project consists of two towers—one soaring 53 floors and the other 33—drawing inspiration from the stunning Persian Gulf landscape7.
Moreover, the development is complemented by a rich array of amenities, over 160 shops, cafes, and restaurants nestled nearby, ensuring residents enjoy a dynamic lifestyle7. As Bluewaters Bay progresses towards its anticipated completion in 2027, it emerges as a sought-after haven for both those seeking an elegant lifestyle and investors eyeing potential returns in this flourishing community. The area’s proximity to renowned attractions, including Ain Dubai and Caesar’s Palace, further boosts its appeal, making Bluewaters Bay a remarkable choice for discerning buyers7.
Ultimately, investing in Bluewaters Bay allows one to partake in a burgeoning seaside community that echoes the luxury and vibrancy of Dubai. As investor interest continues to grow and promises of a unique lifestyle take shape, this Meraas Holding development stands firm as a beacon of exceptional investment opportunities for those looking to secure a piece of7.
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Source Links
- https://www.meraas.com/en/project/bluewaters-bay
- https://www.propertyfinder.ae/en/new-projects/meraas-holding/bluewaters-bay
- https://offplaninvestingdubai.com/projects/bluewaters-bay/
- https://www.evernestre.ae/project/meraas-bluewaters-bay.html
- https://www.propertyfinder.ae/en/plp/buy/apartment-for-sale-dubai-bluewaters-bluewaters-bay-bluewaters-bay-building-2-11382577.html
- https://aeontrisl.com/bluewaters-bay-real-estate/
- https://aeontrisl.com/luxury-living-bluewaters-bay/