Community · #83 by 12M value
Bluewaters Island
Market bulletin · Thu, 22 Oct 2026
Bluewaters Island: 3 sales worth AED 24.4M in 30 days
Bluewaters Island recorded 3 sales worth AED 24.4M in the 30 days to Thu, 22 Oct 2026, up 50.0% on the previous 30 days. Over the last week 2 sales were registered (AED 15.2M), against 1 the week before.
The median sale over the last three months was AED 5.71M, or AED 4,004/sqft. Monthly medians over the past year ranged from AED 3,395/sqft to AED 5,913/sqft.
By market over 12 months: off-plan resales 29.3%, secondary (ready) sales 70.7%.
Bluewaters Residences 8 was the most active project by value over 12 months (10 sales, AED 206M), and Meraas Development the leading developer with 100% of value.
Leases registered in the last three months had a median annual rent of AED 365K. The best gross yield is on 1 BR apartments at about 5%.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | AED 3,395 |
| Jul 26 | — |
| Jun 26 | AED 4,590 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | AED 4,665 |
| Feb 26 | AED 4,558 |
| Jan 26 | AED 5,346 |
| Dec 25 | AED 5,400 |
| Nov 25 | AED 5,913 |
| Oct 25 | AED 5,793 |
| Sept 25 | AED 3,620 |
| Aug 25 | AED 4,628 |
| Jul 25 | AED 4,291 |
| Jun 25 | AED 5,308 |
| May 25 | AED 4,097 |
| Apr 25 | AED 3,826 |
| Mar 25 | AED 5,150 |
| Feb 25 | AED 5,480 |
| Jan 25 | AED 4,136 |
| Dec 24 | AED 4,949 |
| Nov 24 | AED 3,564 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 1 | 2 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 4 | 3 |
| Jul 26 | 0 | 2 | 2 |
| Jun 26 | 0 | 1 | 4 |
| May 26 | 0 | 0 | 2 |
| Apr 26 | 0 | 0 | 1 |
| Mar 26 | 0 | 2 | 3 |
| Feb 26 | 0 | 5 | 7 |
| Jan 26 | 0 | 4 | 13 |
| Dec 25 | 0 | 4 | 15 |
| Nov 25 | 0 | 3 | 11 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 3 | up 50.0% | AED 24.4M | — | — |
| Last 3 months | 13 | up 44.4% | AED 84.4M | 4,004 | down 15.5% |
| Last 6 months | 22 | down 68.6% | AED 158M | 4,321 | down 17.5% |
| Last 12 months | 92 | down 43.2% | AED 868M | 4,790 | up 12.1% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan resale | 27 | 29% | AED 3.46M | 3,638 | down 3.6% |
| Secondary (ready) | 65 | 71% | AED 10.0M | 5,672 | up 11.4% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 1 bedroom | 24 | 26% | AED 3.34M | 3,922 | up 1.4% |
| 2 bedrooms | 32 | 35% | AED 6.85M | 4,436 | down 9.6% |
| 3 bedrooms | 29 | 32% | AED 12.6M | 5,974 | up 41.6% |
| 4 bedrooms | 6 | 7% | AED 17.1M | 6,751 | up 40.1% |
| 5+ bedrooms | 1 | 1% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 4 | 4% | — | — | — |
| AED 2M–10M | 53 | 58% | AED 5.71M | 4,147 | up 4.9% |
| AED 10M–50M | 34 | 37% | AED 13.0M | 6,327 | down 1.5% |
| AED 50M+ | 1 | 1% | — | — | — |
Rents & yields
Leases registered with Ejari / DLD.
Median annual rent
Monthly median of registered leases (new and renewed)
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | AED 359K |
| Sept 26 | AED 355K |
| Aug 26 | AED 450K |
| Jul 26 | AED 420K |
| Jun 26 | AED 350K |
| May 26 | AED 340K |
| Apr 26 | AED 400K |
| Mar 26 | AED 450K |
| Feb 26 | AED 412K |
| Jan 26 | AED 412K |
| Dec 25 | AED 480K |
| Nov 25 | AED 400K |
| Oct 25 | AED 400K |
| Sept 25 | AED 360K |
| Aug 25 | AED 365K |
| Jul 25 | AED 525K |
| Jun 25 | AED 440K |
| May 25 | AED 355K |
| Apr 25 | AED 465K |
| Mar 25 | AED 414K |
| Feb 25 | AED 448K |
| Jan 25 | AED 386K |
| Dec 24 | AED 450K |
| Nov 24 | AED 400K |
- Leases (12M)
- 393
- New leases
- 62.8%
- Median rent 3M
- AED 365K
- Rent/sqft 3M
- AED 250
| 1 BR apartments | AED 285K / AED 5.75M | 5.0% |
|---|---|---|
| 2 BR apartments | AED 400K / AED 8.40M | 4.8% |
| 3 BR apartments | AED 500K / AED 12.6M | 4.0% |
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| 1 BR | 63 | AED 285K | AED 290K | 269 |
| 2 BR | 128 | AED 400K | AED 394K | 268 |
| 3 BR | 94 | AED 500K | AED 500K | 268 |
| 4 BR | 27 | AED 850K | AED 850K | 333 |
Top projects
By sales value, last 12 months
| Project | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bluewaters Residences 8Bluewaters Island | 10 | — | — |
| Bluewaters Residences 3Bluewaters Island | 11 | — | — |
| Bluewaters Residences 4Bluewaters Island | 6 | — | — |
| Bluewaters Bay - Building 2Bluewaters Island | 17 | — | — |
| Bluewaters Bay - Building 1Bluewaters Island | 10 | — | — |
| Bluewaters Residences 9Bluewaters Island | 5 | — | — |
| Bluewaters Residences 10Bluewaters Island | 6 | — | — |
| Bluewaters Residences 7Bluewaters Island | 7 | — | — |
| Bluewaters Residences 6Bluewaters Island | 8 | — | — |
| Bluewaters Residences 2Bluewaters Island | 6 | — | — |
| Bluewaters Residences 5Bluewaters Island | 4 | — | — |
| Bluewaters Residences 1Bluewaters Island | 2 | — | — |
Developers in Bluewaters Island
Their sales here only, last 12 months
| Developer | Sales 12M | AED/sqft | Share |
|---|---|---|---|
| Meraas Development | 92 | 4,790 | 100% |
Similarly priced communities
CompareCommunities with the closest 12-month median AED/sqft
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Trade Center First | 193 | 3,937 | — |
| Dubai Harbour | 613 | 3,716 | down 8.6% |
| DIFC 2.0 | 196 | 3,893 | down 2.1% |
| Zaabeel Second | 76 | 3,687 | — |
| Palm Jumeirah | 949 | 3,262 | up 4.5% |
| Zaabeel First | 77 | 3,471 | — |
| Palm Jebel Ali | 584 | 3,554 | up 3.0% |
| Meydan City | 1,455 | 3,451 | down 1.1% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 15.7M | 3 BR Apartment · 2,112 sqftBluewaters Residences 9 | 27 Jul |
| AED 9.50M | 3 BR Apartment · 2,106 sqftBluewaters Residences 7 | 14 Sept |
| AED 9.23M | 2 BR Apartment · 1,659 sqftBluewaters Residences 6 | 9 Oct |
| AED 9.10M | 2 BR Apartment · 2,095 sqftBluewaters Residences 8 | 16 Oct |
| AED 6.60M | 2 BR Apartment · 1,536 sqftBluewaters Residences 2 | 5 Aug |
| AED 6.12M | 2 BR Apartment · 1,682 sqftBluewaters Bay - Building 1 | 21 Oct |
Questions about Bluewaters Island
What is the average price per sqft in Bluewaters Island?
The median sale price in Bluewaters Island over the last three months was AED 4,004 per sqft (median sale AED 5.71M), based on 13 sales registered with Dubai Land Department.
How many properties were sold in Bluewaters Island in the last year?
92 sales worth AED 868M were registered in the last 12 months: 0% developer off-plan, 29% off-plan resales and 71% secondary (ready) sales.
What is the average rent in Bluewaters Island?
The median annual rent on leases registered in the last three months was AED 365K, and the best gross rental yield is about 5.0%.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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