Dubai · Bluewaters Island
Penthouses Short Term Rental & Holiday Homes in Bluewaters Island
Bluewaters Island is an island of sea-view residences wrapped around Ain Dubai. Here's exactly what a penthouse costs to book as a holiday home here in 2026, what it earns, and how Alayan Homes handles it end to end.
Per night
AED 4,430
Occupancy
87%
Typical size
4,200 sqft
Annual revenue
AED 1,406,747
Penthouses in Bluewaters Island: the 2026 picture
A typical penthouse in Bluewaters Island runs about 4,200 sqft and trades near AED 3,400/sqft, putting purchase prices around AED 14,280,000. Long-term tenants pay roughly AED 805,000 a year, while the same unit operated as a licensed holiday home averages AED 4,430 a night at 87% occupancy — about AED 1,406,747 gross before costs. Owners on our managed programme average AED 1,941,310, a 38% uplift driven by dynamic pricing, multi-channel distribution and 4.9★ guest reviews.
Why investors pick Bluewaters Island
- ✓ Minutes from Ain Dubai
- ✓ Minutes from Caesars Palace
- ✓ Minutes from Bluewaters Beach
- ✓ 6–7% gross rental yield
- ✓ 100% freehold, Golden Visa eligible
How Alayan Homes helps
Every Bluewaters Island stay is a licensed holiday home with hotel-grade linen, professional cleaning between guests, 24/7 support and flexible check-in.
Available near Bluewaters Island
Island★ 4.89Bluewaters Cove 1BR
1 BR
Bluewaters Island · Apartment · 1,050 sqft
From
AED 1K/ night
Trophy★ 4.99Bluewaters Sky Penthouse
4 BR
Bluewaters Island · Penthouse · 4,600 sqft
From
AED 9K/ night
Island★ 4.92Bluewaters Family 3BR
3 BR
Bluewaters Island · Apartment · 2,280 sqft
From
AED 3K/ night
FAQ — penthouses short term rental & holiday homes in Bluewaters Island
How much is a short term penthouse in Bluewaters Island?
Nightly rates average AED 4,430 for a penthouse in Bluewaters Island, with lower monthly rates for stays over 28 nights.
Is short-term renting legal in Bluewaters Island?
Yes — every Alayan Homes property is operated under a DET holiday-home permit, with tourism fees and guest registration handled for you.
What is the minimum stay?
Most Bluewaters Island units accept 2–3 night minimums, extending to 5–7 nights in peak season (November–March).
Does Alayan Homes charge upfront fees in Bluewaters Island?
No. We work on a performance model for hosting and a standard brokerage fee on sales — you only pay once your penthouse is earning or a deal completes.
Can foreigners own a penthouse in Bluewaters Island?
Yes. Bluewaters Island sits in a designated freehold zone, so any nationality can buy 100% ownership, and purchases above AED 2M qualify for the 10-year Golden Visa.