Bluewaters Island. Island living next to Ain Dubai. Mario Costa, Costa Global Capital
Prime · Waterfront

Bluewaters Island. Island living next to Ain Dubai.

Bluewaters is a Meraas-built island sitting off the JBR coastline, anchored by Ain Dubai (the world's tallest observation wheel) and a curated retail promenade. Residential is limited supply, low-rise apartments and townhouses, with direct boardwalk access. Limited supply plus Ain Dubai footfall make it one of the strongest short-let plays in the city; the premium is for scarcity and the island lifestyle, and the variable is the specific building and sea-versus-marina orientation.

AED 2.5MEntry price
AED 50MCeiling today
5.5-7.0%Net yield range
20-26 AEDService charge / sqft
The team's read

What you need to know about Bluewaters Island.

Who buys here

Buyer profile

Lifestyle-led buyers who want island feel without the Palm price tag, plus investors targeting consistent high-end tenant demand.

What to watch

Diligence points

Resale liquidity is thinner than Marina because of low total unit count. The upside is scarcity holds the price.

Best for

The clean thesis

Lifestyle living, government-developer pedigree, scarcity premium.

Bluewaters Island at a glance.

Property types
Apartments, Penthouses, Townhouses
Major developers
Meraas
Nearby landmarks
Ain Dubai · Caesars Palace · Madame Tussauds · JBR
Service charge
20-26 AED per sqft per year
Net rental yield
5.5 to 7.0 percent depending on building and unit type
Schools nearby
ASD (12 min), EIS (10 min).
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Available in Bluewaters Island

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Mario Costa
Talk to the team about Bluewaters Island

Off-market in Bluewaters Island? Often.

Developers and long-term owners in Bluewaters Island don't always list on the public portals. Pre-launch allocations, distressed resales, and investor-to-investor transfers move through a short list. The team keeps that list current.

If you want to be on it for Bluewaters Island, message him direct. He responds himself, usually inside an hour.

Mario Costa, Founder · Costa Global Capital

WhatsApp the team direct Book a 30-min call
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