Costs · Bluewaters Island

Maintenance Costs for Bluewaters Island Landlords

What an owner in Bluewaters Island should budget annually for upkeep.

Price per sqft

AED 3,400 per sqft

1-bed rent

AED 175,000/yr

Gross yield

6–7%

Short-let occupancy

87%

Annual budget

Set aside 1–1.5% of property value a year. For a AED 2,652,000 unit in Bluewaters Island that is a realistic reserve for AC servicing, plumbing, white goods replacement and repainting between tenancies.

Short-let adds

Hosted units need deeper cleaning cycles, linen replacement roughly every 12–18 months and faster wear on soft furnishings — budget an extra 3–5% of revenue.

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

Who pays for maintenance in Dubai?

The landlord covers major maintenance; tenants cover minor repairs under AED 500 unless the contract says otherwise.

Is AC servicing included in service charges?

Chiller infrastructure is; in-unit AC servicing is the owner's responsibility.