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Ready building · Meraas

Bluewaters Residences 3, Marsa Dubai

Highlights

Bluewaters Residences 3 at a glance

About Bluewaters Residences 3

Bluewaters Residences 3 is a mixed-use building in Marsa Dubai, Dubai, developed by Meraas. It holds about 91 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments. Depending on the unit, windows look out over Ain Dubai and Marina.

The building was completed in 2019 and has been in use for about 7 years. 15 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 5,608 per sq ft.

Bluewaters Residences 3 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
  • Sizes from 820 to 6,770 sq ft
  • Views: Ain Dubai, Marina
  • Service charge from AED 40.85 per sq ft
  • Jumeirah Lake Towers metro station 2 km away
Status
Ready
Developer
Meraas
Location
Marsa Dubai, Dubai
Completed
Q1 2019
Unit types
1 Bed, 2 Beds, 3 Beds, 4 Beds
Prices from
AED 2.2M
Median price per sq ft
AED 5,608
Median gross yield
5.6%
Service charge
AED 40.85 per sq ft (2026)
Nearest metro
Jumeirah Beach Residence 2, 1.2 km

Building details

Inside Bluewaters Residences 3

Properties in Bluewaters Residences 3

1-bedroom apartments in Bluewaters Residences 3

There are about 27 of these in Bluewaters Residences 3, from 820 to 1,310 sq ft. They have recently sold for a median of AED 5.5M, or AED 4,870 per sq ft.

2-bedroom apartments in Bluewaters Residences 3

There are about 32 of these in Bluewaters Residences 3, from 1,120 to 1,970 sq ft. They have recently sold for a median of AED 7.3M, or AED 4,550 per sq ft. Owners who resold made a median 13% over what they paid.

3-bedroom apartments in Bluewaters Residences 3

There are about 21 of these in Bluewaters Residences 3, from 1,830 to 2,130 sq ft. They have recently sold for a median of AED 14.4M, or AED 6,880 per sq ft. Owners who resold made a median 26% over what they paid.

4-bedroom apartments in Bluewaters Residences 3

There are about 11 of these in Bluewaters Residences 3, from 2,460 to 6,770 sq ft. They have recently sold for a median of AED 27.7M, or AED 6,610 per sq ft.

Unit types in Bluewaters Residences 3 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed27820 sqft76.2 sqmt – 1,310 sqft121.7 sqmtAED 5.5MAED 240K
2 Beds321,120 sqft104.1 sqmt – 1,970 sqft183 sqmtAED 7.3M–
3 Beds211,830 sqft170 sqmt – 2,130 sqft197.9 sqmtAED 14.4M–
4 Beds112,460 sqft228.5 sqmt – 6,770 sqft629 sqmtAED 27.7M–

Recent transactions in Bluewaters Residences 3

  • Bluewaters Residences 3

    Bluewaters Island

    AED 36M

    AED 5,317 /sqftAED 57,232 /sqmt

    ReadyApartment
    6,771 sqft629 sqmt4 BedsOwner18 Sept 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 5.2M

    AED 4,591 /sqftAED 49,417 /sqmt

    ReadyApartment
    1,138 sqft105.7 sqmt1 BedOwner19 Jun 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 5.2M

    AED 4,591 /sqftAED 49,417 /sqmt

    ReadyApartment
    1,138 sqft105.7 sqmt1 BedOwner19 Jun 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 4M

    AED 4,872 /sqftAED 52,442 /sqmt

    ReadyApartment
    821 sqft76.3 sqmt1 BedOwner14 May 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 5.5M

    AED 4,833 /sqftAED 52,022 /sqmt

    ReadyApartment
    1,138 sqft105.7 sqmt1 BedOwner17 Mar 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 6.3M

    AED 5,585 /sqftAED 60,116 /sqmt

    ReadyApartment
    1,119 sqft104 sqmt1 BedOwner26 Feb 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 14.5M

    AED 6,811 /sqftAED 73,313 /sqmt

    ReadyApartment
    2,129 sqft197.8 sqmt3 BedsOwner5 Feb 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 19.5M

    AED 7,910 /sqftAED 85,143 /sqmt

    ReadyApartment
    2,459 sqft228.4 sqmt4 BedsOwner26 Jan 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 5.8M

    AED 5,141 /sqftAED 55,337 /sqmt

    ReadyApartment
    1,133 sqft105.3 sqmt1 BedOwner12 Jan 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 14.3M

    AED 7,034 /sqftAED 75,713 /sqmt

    ReadyApartment
    2,033 sqft188.9 sqmt3 BedsOwner12 Jan 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 6M

    AED 5,344 /sqftAED 57,522 /sqmt

    ReadyApartment
    1,119 sqft104 sqmt1 BedOwner8 Jan 2026

  • Bluewaters Residences 3

    Bluewaters Island

    AED 12.2M

    AED 6,006 /sqftAED 64,648 /sqmt

    ReadyApartment
    2,023 sqft187.9 sqmt3 BedsOwner25 Dec 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 11.2M

    AED 6,991 /sqftAED 75,250 /sqmt

    ReadyApartment
    1,595 sqft148.2 sqmt2 BedsOwner19 Dec 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 3.5M

    AED 2,113 /sqftAED 22,744 /sqmt

    ReadyApartment
    1,641 sqft152.5 sqmt2 BedsOwner11 Dec 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 14.8M

    AED 6,952 /sqftAED 74,831 /sqmt

    ReadyApartment
    2,129 sqft197.8 sqmt3 BedsOwner11 Dec 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 9.7M

    AED 6,050 /sqftAED 65,122 /sqmt

    ReadyApartment
    1,595 sqft148.2 sqmt2 BedsOwner22 Oct 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 6.3M

    AED 5,630 /sqftAED 60,601 /sqmt

    ReadyApartment
    1,119 sqft104 sqmt1 BedOwner8 Oct 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 10M

    AED 6,897 /sqftAED 74,239 /sqmt

    ReadyApartment
    1,450 sqft134.7 sqmt2 BedsOwner23 Sept 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 11.3M

    AED 5,308 /sqftAED 57,135 /sqmt

    ReadyApartment
    2,129 sqft197.8 sqmt3 BedsOwner30 Jun 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 11.5M

    AED 5,660 /sqftAED 60,924 /sqmt

    ReadyApartment
    2,023 sqft187.9 sqmt3 BedsOwner30 Jun 2025

  • Bluewaters Residences 3

    Bluewaters Island

    AED 240K/yr

    ApartmentNew contract
    1,133 sqft105.3 sqmt1 Bedto

Every sale in Bluewaters Residences 3Every rent contract in Bluewaters Residences 3

Service charges in Bluewaters Residences 3

The 2026 service charge in Bluewaters Residences 3 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 3
Unit typeRate per sq ft
Retail (2026)AED 40.85

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

Nearby amenities

Around Bluewaters Residences 3

Transportation near Bluewaters Residences 3

The nearest Dubai Metro station from Bluewaters Residences 3 is Jumeirah Lake Towers (red line, 2 km, about 6 min drive), then Nakheel Harbour & Tower (red line, 2.4 km, about 7 min drive). Stations planned on new lines nearby include Jumeirah Beach Residence 2 (orange line, 1.2 km, about 14 min walk) and Jumeirah Beach Residence 1 (orange line, 1.7 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

  • Jumeirah Beach Residence 2Orange line · 1.2 km · about 14 min walk
  • Jumeirah Beach Residence 1Orange line · 1.7 km · about 5 min drive
  • Jumeirah Lake TowersOrange line · 1.8 km · about 6 min drive
  • Jumeirah Lake TowersRed line · 2 km · about 6 min drive
  • Dubai Marina MallOrange line · 2.1 km · about 6 min drive
  • Nakheel Harbour & TowerRed line · 2.4 km · about 7 min drive

Shopping and groceries near Bluewaters Residences 3

The closest is Al Maya / Bahar 6, Jumeirah Beach Residence, 1.5 km from Bluewaters Residences 3 (about 5 min drive).

  • Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 1.5 km · about 5 min drive
  • Al Maya / Dream Tower, Dubai MarinaSupermarket · 1.7 km · about 5 min drive
  • Wafi MallShopping Mall · 1.9 km · about 6 min drive
  • Marina MallShopping Mall · 1.9 km · about 6 min drive
  • Dubai Marina MallShopping Mall · 1.9 km · about 6 min drive

Restaurants and hotels near Bluewaters Residences 3

The closest is The Beach, 0.9 km from Bluewaters Residences 3 (about 11 min walk).

  • The BeachHotel · 0.9 km · about 11 min walk
  • Amwaj Rotana, Jumeirah Beach - DubaiHotel · 1 km · about 12 min walk
  • Sofitel Dubai Jumeirah BeachHotel · 1.1 km · about 13 min walk
  • Oasis Beach Tower ApartmentsHotel · 1.5 km · about 5 min drive
  • Suha Hotel ApartmentsHotel · 1.8 km · about 6 min drive

Hospitals and clinics near Bluewaters Residences 3

The closest is Eternity Medicine Institute Dubai, 1 km from Bluewaters Residences 3 (about 12 min walk).

  • Eternity Medicine Institute DubaiHospital · 1 km · about 12 min walk
  • Eternity Medicine InstituteHospital · 1.2 km · about 14 min walk
  • Cosmesurge & Emirates HospitalHospital · 2.2 km · about 6 min drive
  • Dr Marc Mueller VIP ClinicHospital · 2.4 km · about 7 min drive
  • Armada Medical CentreHospital · 2.5 km · about 7 min drive

Parks and leisure near Bluewaters Residences 3

The closest is JBR Beach, 1.4 km from Bluewaters Residences 3 (about 5 min drive).

  • JBR BeachPark · 1.4 km · about 5 min drive

Schools near Bluewaters Residences 3

The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 3.8 km away. Ratings are the KHDA's latest inspection grades.

  • EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 3.8 km
  • The Winchester School - DUBAI BRANCHUK · KHDA: Very good · 4.3 km
  • Delhi Private School L.L.CIndian · KHDA: Very good · 4.4 km
  • Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 4.7 km
  • Regent International Private School L.L.CUK · KHDA: Very good · 5.4 km
  • Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 5.4 km

Other buildings in Marsa Dubai

Marsa Dubai has 266 buildings. A few others to compare Bluewaters Residences 3 with:

All 266 Marsa Dubai buildings →

Things to consider about Bluewaters Residences 3

In its favour

  • Owners who resold have made money: a median gain of up to 26%.
  • Ready to move into or let, with no construction risk.

Worth checking

  • 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 km away, so a car helps.

Specialists

Brokers who know Bluewaters Residences 3

These brokers handle sales and lettings in Bluewaters Residences 3 and can tell you what is available now.

FAQs

Bluewaters Residences 3: questions answered

Bluewaters Residences 3 was developed by Meraas in Marsa Dubai.

Bluewaters Residences 3 is completed in Q1 2019.

Across its 20 most recent registered sales, Bluewaters Residences 3 sold for a median of AED 5,608 per sq ft and AED 9.8M per unit.

Recent yearly contracts in Bluewaters Residences 3 have a median rent of AED 240.0K.

The median gross yield on recently sold units in Bluewaters Residences 3 is 5.6%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in Bluewaters Residences 3 is AED 40.85 per sq ft a year, as registered with the Dubai Land Department.

Bluewaters Residences 3 has 1 Bed (820 to 1,310 sq ft), 2 Beds (1,120 to 1,970 sq ft), 3 Beds (1,830 to 2,130 sq ft), 4 Beds (2,460 to 6,770 sq ft).

Jumeirah Beach Residence 2 is about 1.2 km from Bluewaters Residences 3.

The nearest schools include EMIRATES INTERNATIONAL SCHOOL MEADOWS (3.8 km), The Winchester School - DUBAI BRANCH (4.3 km), Delhi Private School L.L.C (4.4 km).

Buying, selling or renting in Bluewaters Residences 3?

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