Skip to content

Ready building · Meraas

Bluewaters Residences 1, Marsa Dubai

Highlights

Bluewaters Residences 1 at a glance

About Bluewaters Residences 1

Bluewaters Residences 1 is a mixed-use building in Marsa Dubai, Dubai, developed by Meraas. It holds about 43 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments, commercial units. Depending on the unit, windows look out over Ain Dubai.

The building was completed in 2019 and has been in use for about 7 years. 2 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 4,773 per sq ft.

Bluewaters Residences 1 is one of 266 buildings in Marsa Dubai: 120 are complete and 39 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Marsa Dubai, Dubai
  • Developed by Meraas
  • Completed in Q1 2019
  • Unit types: 1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
  • Sizes from 1,110 to 6,460 sq ft
  • Views: Ain Dubai
  • Service charge from AED 40.85 per sq ft
  • Jumeirah Lake Towers metro station 2.1 km away
Status
Ready
Developer
Meraas
Location
Marsa Dubai, Dubai
Completed
Q1 2019
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds, Commercial
Prices from
AED 2.3M
Median price per sq ft
AED 4,773
Median gross yield
5.6%
Service charge
AED 40.85 per sq ft (2026)
Nearest metro
Jumeirah Beach Residence 2, 1.4 km

Building details

Inside Bluewaters Residences 1

Properties in Bluewaters Residences 1

1-bedroom apartments in Bluewaters Residences 1

There are about 2 of these in Bluewaters Residences 1, from 1,110 sq ft. None has sold recently enough to quote a price.

2-bedroom apartments in Bluewaters Residences 1

There are about 16 of these in Bluewaters Residences 1, from 1,480 to 1,980 sq ft. They have recently sold for a median of AED 7.3M, or AED 4,560 per sq ft. Owners who resold made a median 11% over what they paid.

3-bedroom apartments in Bluewaters Residences 1

There are about 6 of these in Bluewaters Residences 1, from 2,170 to 2,180 sq ft. None has sold recently enough to quote a price. Owners who resold made a median 8% over what they paid.

4-bedroom apartments in Bluewaters Residences 1

There are about 17 of these in Bluewaters Residences 1, from 2,470 to 6,460 sq ft. None has sold recently enough to quote a price.

Commercial units in Bluewaters Residences 1

There are about 2 of these in Bluewaters Residences 1, from 4,850 to 5,750 sq ft. None has sold recently enough to quote a price.

Unit types in Bluewaters Residences 1 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed21,110 sqft103.1 sqmtNo recent sales–
2 Beds161,480 sqft137.5 sqmt – 1,980 sqft183.9 sqmtAED 7.3MAED 700K
3 Beds62,170 sqft201.6 sqmt – 2,180 sqft202.5 sqmtNo recent sales–
4 Beds172,470 sqft229.5 sqmt – 6,460 sqft600.2 sqmtNo recent salesAED 1.5M
Commercial24,850 sqft450.6 sqmt – 5,750 sqft534.2 sqmtNo recent sales–

Recent transactions in Bluewaters Residences 1

  • Bluewaters Residences 1

    Bluewaters Island

    AED 7.1M

    AED 4,736 /sqftAED 50,978 /sqmt

    ReadyApartment
    1,499 sqft139.3 sqmt2 BedsOwner13 Jul 2026

  • Bluewaters Residences 1

    Bluewaters Island

    AED 7.5M

    AED 4,383 /sqftAED 47,178 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner29 Jun 2026

  • Bluewaters Residences 1

    Bluewaters Island

    AED 13.7M

    AED 6,276 /sqftAED 67,554 /sqmt

    ReadyApartment
    2,183 sqft202.8 sqmt3 BedsOwner5 Nov 2025

  • Bluewaters Residences 1

    Bluewaters Island

    AED 6.1M

    AED 4,093 /sqftAED 44,057 /sqmt

    ReadyApartment
    1,478 sqft137.3 sqmt2 BedsOwner22 May 2025

  • Bluewaters Residences 1

    Bluewaters Island

    AED 16.9M

    AED 6,594 /sqftAED 70,977 /sqmt

    ReadyApartment
    2,563 sqft238.1 sqmt4 BedsOwner17 Mar 2025

  • Bluewaters Residences 1

    Bluewaters Island

    AED 12.7M

    AED 5,816 /sqftAED 62,603 /sqmt

    ReadyApartment
    2,175 sqft202.1 sqmt3 BedsOwner4 Feb 2025

  • Bluewaters Residences 1

    Bluewaters Island

    AED 6.8M

    AED 3,974 /sqftAED 42,776 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner15 Nov 2024

  • Bluewaters Residences 1

    Bluewaters Island

    AED 4.7M

    AED 2,374 /sqftAED 25,554 /sqmt

    ReadyApartment
    1,980 sqft183.9 sqmt2 BedsOwner20 Sept 2024

  • Bluewaters Residences 1

    Bluewaters Island

    AED 3.6M

    AED 2,104 /sqftAED 22,647 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner22 Jul 2024

  • Bluewaters Residences 1

    Bluewaters Island

    AED 8.9M

    AED 5,202 /sqftAED 55,994 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner20 Jun 2024

  • Bluewaters Residences 1

    Bluewaters Island

    AED 7.7M

    AED 4,480 /sqftAED 48,222 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner11 Jun 2024

  • Bluewaters Residences 1

    Bluewaters Island

    AED 7.9M

    AED 4,617 /sqftAED 49,697 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner26 Sept 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 19.4M

    AED 7,569 /sqftAED 81,472 /sqmt

    ReadyApartment
    2,563 sqft238.1 sqmt4 BedsOwner29 May 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 15M

    AED 6,897 /sqftAED 74,239 /sqmt

    ReadyApartment
    2,175 sqft202.1 sqmt3 BedsOwner4 May 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 19.1M

    AED 7,723 /sqftAED 83,130 /sqmt

    ReadyApartment
    2,473 sqft229.7 sqmt4 BedsOwner17 Mar 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 8.5M

    AED 4,810 /sqftAED 51,774 /sqmt

    ReadyApartment
    1,767 sqft164.2 sqmt2 BedsOwner22 Feb 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 16.6M

    AED 6,477 /sqftAED 69,718 /sqmt

    ReadyApartment
    2,563 sqft238.1 sqmt4 BedsOwner8 Feb 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 17.5M

    AED 7,076 /sqftAED 76,165 /sqmt

    ReadyApartment
    2,473 sqft229.7 sqmt4 BedsOwner7 Feb 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 5.8M

    AED 3,390 /sqftAED 36,490 /sqmt

    ReadyApartment
    1,711 sqft159 sqmt2 BedsOwner13 Jan 2023

  • Bluewaters Residences 1

    Bluewaters Island

    AED 8M

    AED 4,525 /sqftAED 48,707 /sqmt

    ReadyApartment
    1,768 sqft164.3 sqmt2 BedsOwner28 Nov 2022

  • Bluewaters Residences 1

    Bluewaters Island

    AED 400K/yr

    ApartmentNew contract
    1,980 sqft183.9 sqmt2 Bedsto

  • Bluewaters Residences 1

    Bluewaters Island

    AED 1M/yr

    ApartmentNew contract
    1,499 sqft139.3 sqmt2 Bedsto

  • Bluewaters Residences 1

    Bluewaters Island

    AED 1.5M/yr

    ApartmentNew contract
    6,363 sqft591.1 sqmt4 Bedsto

Every sale in Bluewaters Residences 1Every rent contract in Bluewaters Residences 1

Service charges in Bluewaters Residences 1

The 2026 service charge in Bluewaters Residences 1 is AED 40.85 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department. Each parking space adds about AED 2,618 a year.

Service charges in Bluewaters Residences 1
Unit typeRate per sq ftSizeYearly charge
Retail (2026)AED 40.854,850 sqft450.6 sqmt – 5,750 sqft534.2 sqmtAED 198,123 – AED 234,888

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Bluewaters Residences 1

Transportation near Bluewaters Residences 1

The nearest Dubai Metro station from Bluewaters Residences 1 is Jumeirah Lake Towers (red line, 2.1 km, about 6 min drive), then Nakheel Harbour & Tower (red line, 2.5 km, about 7 min drive). Stations planned on new lines nearby include Jumeirah Beach Residence 2 (orange line, 1.4 km, about 5 min drive) and Jumeirah Beach Residence 1 (orange line, 1.9 km, about 6 min drive). Most residents will drive or take a taxi to the metro.

  • Jumeirah Beach Residence 2Orange line · 1.4 km · about 5 min drive
  • Jumeirah Beach Residence 1Orange line · 1.9 km · about 6 min drive
  • Jumeirah Lake TowersOrange line · 2 km · about 6 min drive
  • Jumeirah Lake TowersRed line · 2.1 km · about 6 min drive
  • Dubai Marina MallOrange line · 2.3 km · about 7 min drive
  • Nakheel Harbour & TowerRed line · 2.5 km · about 7 min drive

Shopping and groceries near Bluewaters Residences 1

The closest is Al Maya / Bahar 6, Jumeirah Beach Residence, 1.7 km from Bluewaters Residences 1 (about 5 min drive).

  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 1.7 km · about 5 min drive
  • Al Maya / Dream Tower, Dubai MarinaSupermarket · 1.8 km · about 6 min drive
  • Wafi MallShopping Mall · 2.1 km · about 6 min drive
  • Marina MallShopping Mall · 2.1 km · about 6 min drive
  • Dubai Marina MallShopping Mall · 2.1 km · about 6 min drive

Restaurants and hotels near Bluewaters Residences 1

The closest is The Beach, 1 km from Bluewaters Residences 1 (about 12 min walk).

  • The BeachHotel · 1 km · about 12 min walk
  • Amwaj Rotana, Jumeirah Beach - DubaiHotel · 1.2 km · about 14 min walk
  • Sofitel Dubai Jumeirah BeachHotel · 1.3 km · about 5 min drive
  • Oasis Beach Tower ApartmentsHotel · 1.7 km · about 5 min drive
  • Suha Hotel ApartmentsHotel · 1.9 km · about 6 min drive

Hospitals and clinics near Bluewaters Residences 1

The closest is Eternity Medicine Institute Dubai, 1.2 km from Bluewaters Residences 1 (about 14 min walk).

  • Eternity Medicine Institute DubaiHospital · 1.2 km · about 14 min walk
  • Eternity Medicine InstituteHospital · 1.3 km · about 5 min drive
  • Cosmesurge & Emirates HospitalHospital · 2.3 km · about 7 min drive
  • Dr Marc Mueller VIP ClinicHospital · 2.5 km · about 7 min drive
  • Armada Medical CentreHospital · 2.6 km · about 7 min drive

Parks and leisure near Bluewaters Residences 1

The closest is JBR Beach, 1.5 km from Bluewaters Residences 1 (about 5 min drive).

  • JBR BeachPark · 1.5 km · about 5 min drive

Schools near Bluewaters Residences 1

The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 4 km away. Ratings are the KHDA's latest inspection grades.

  • EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 4 km
  • The Winchester School - DUBAI BRANCHUK · KHDA: Very good · 4.4 km
  • Delhi Private School L.L.CIndian · KHDA: Very good · 4.5 km
  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 4.8 km
  • Al Ghaf Private School L.L.CUK · KHDA: Acceptable · 5.5 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 5.5 km

Other buildings in Marsa Dubai

Marsa Dubai has 266 buildings. A few others to compare Bluewaters Residences 1 with:

All 266 Marsa Dubai buildings →

Things to consider about Bluewaters Residences 1

In its favour

  • Owners who resold have made money: a median gain of up to 11%.
  • Ready to move into or let, with no construction risk.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 40.85 per sq ft are on the higher side for Dubai.
  • The nearest running metro station is 2.1 km away, so a car helps.

Specialists

Brokers who know Bluewaters Residences 1

These brokers handle sales and lettings in Bluewaters Residences 1 and can tell you what is available now.

FAQs

Bluewaters Residences 1: questions answered

Bluewaters Residences 1 was developed by Meraas in Marsa Dubai.

Bluewaters Residences 1 is completed in Q1 2019.

Across its 20 most recent registered sales, Bluewaters Residences 1 sold for a median of AED 4,773 per sq ft and AED 8.3M per unit.

Recent yearly contracts in Bluewaters Residences 1 have a median rent of AED 1.0M.

The median gross yield on recently sold units in Bluewaters Residences 1 is 5.6%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Bluewaters Residences 1 is AED 40.85 per sq ft a year, as registered with the Dubai Land Department.

Bluewaters Residences 1 has 1 Bed (1,110 sq ft), 2 Beds (1,480 to 1,980 sq ft), 3 Beds (2,170 to 2,180 sq ft), 4 Beds (2,470 to 6,460 sq ft), Commercial (4,850 to 5,750 sq ft).

Jumeirah Beach Residence 2 is about 1.4 km from Bluewaters Residences 1.

The nearest schools include EMIRATES INTERNATIONAL SCHOOL MEADOWS (4 km), The Winchester School - DUBAI BRANCH (4.4 km), Delhi Private School L.L.C (4.5 km).

Buying, selling or renting in Bluewaters Residences 1?

A broker who works Marsa Dubai will tell you what is available and what comparable homes went for.

Get a free valuation
Message us on WhatsApp