Costs · Bluewaters Island

Service Charges in Bluewaters Island

Typical service-charge rates in Bluewaters Island, what they cover, and how they eat into your net yield.

Price per sqft

AED 3,400 per sqft

1-bed rent

AED 175,000/yr

Gross yield

6–7%

Short-let occupancy

87%

What owners pay in Bluewaters Island

Service charges in Bluewaters Island generally run AED 12–22 per sqft a year depending on the tower and its amenities. On a 1,000 sqft unit that is AED 12,000–22,000 annually, paid to the owners' association and set by the RERA service-charge index.

What it covers

Chiller infrastructure, common-area cleaning, security, lifts, pool and gym, insurance and the reserve fund. Buildings near Ain Dubai with large podium amenities sit at the top of the range.

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

Are service charges negotiable in Bluewaters Island?

No — they are set annually by the owners' association and approved by RERA, but you can compare towers before you buy.

Who pays service charges, landlord or tenant?

The owner pays. Tenants pay DEWA, chiller consumption and internet unless the contract says otherwise.