Living · Bluewaters Island

Expat Guide to Bluewaters Island

Everything a new arrival needs to know about renting, buying and settling in Bluewaters Island.

Price per sqft

AED 3,400 per sqft

1-bed rent

AED 175,000/yr

Gross yield

6–7%

Short-let occupancy

87%

First 30 days

Secure an address, register Ejari, open DEWA, get a UAE bank account and Salik tag. Budget AED 14,583 a month for a one-bed in Bluewaters Island plus a security deposit of 5%.

Life here

Bluewaters Island is an island of sea-view residences wrapped around Ain Dubai. Ain Dubai, Caesars Palace and everyday retail cover most of daily life, and the community skews toward professionals and families who want that balance.

Bluewaters Island at a glance

Bluewaters Island is an island of sea-view residences wrapped around Ain Dubai. Buying sits at AED 3,400 per sqft — roughly AED 2,652,000 for a standard one-bedroom — while long-term tenants pay about AED 175,000 a year. Hosted as a licensed holiday home, the same unit averages AED 1,007 a night at 87% occupancy, around AED 319,773 gross. Owners on our managed programme average AED 441,287 — a 38% uplift.

Frequently asked questions

Is Bluewaters Island good for expats?

Yes — it is freehold, well served by amenities near Ain Dubai, and rents around AED 14,583 a month for a one-bed.

Can expats buy property in Bluewaters Island?

Yes, with 100% freehold ownership regardless of nationality.