ReadyReady building · Meraas
Bluewaters Residences 5, Marsa Dubai
Highlights
Bluewaters Residences 5 at a glance
About Bluewaters Residences 5
Bluewaters Residences 5 is a mixed-use building in Marsa Dubai, Dubai, developed by Meraas. It holds about 69 units: 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, 4-bedroom apartments. 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. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 4,833 per sq ft.
Bluewaters Residences 5 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 6,930 sq ft
- Views: Ain Dubai
- Service charge from AED 40.85 per sq ft
- Jumeirah Lake Towers metro station 1.8 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 2.0M
- Median price per sq ft
- AED 4,833
- Median gross yield
- 4.6%
- Service charge
- AED 40.85 per sq ft (2026)
- Nearest metro
- Jumeirah Beach Residence 2, 1 km
Building details
Inside Bluewaters Residences 5
Properties in Bluewaters Residences 5
1-bedroom apartments in Bluewaters Residences 5
There are about 20 of these in Bluewaters Residences 5, from 820 to 1,310 sq ft. None has sold recently enough to quote a price.
2-bedroom apartments in Bluewaters Residences 5
There are about 25 of these in Bluewaters Residences 5, from 1,340 to 1,970 sq ft. They have recently sold for a median of AED 7.1M, or AED 4,580 per sq ft. Owners who resold made a median 1% over what they paid.
3-bedroom apartments in Bluewaters Residences 5
There are about 15 of these in Bluewaters Residences 5, from 1,830 to 2,130 sq ft. They have recently sold for a median of AED 10.3M, or AED 4,810 per sq ft.
4-bedroom apartments in Bluewaters Residences 5
There are about 9 of these in Bluewaters Residences 5, from 2,460 to 6,930 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 20 | 820 sqft76.2 sqmt – 1,310 sqft121.7 sqmt | No recent sales | – |
| 2 Beds | 25 | 1,340 sqft124.5 sqmt – 1,970 sqft183 sqmt | AED 7.1M | – |
| 3 Beds | 15 | 1,830 sqft170 sqmt – 2,130 sqft197.9 sqmt | AED 10.3M | – |
| 4 Beds | 9 | 2,460 sqft228.5 sqmt – 6,930 sqft643.8 sqmt | No recent sales | – |
Sale trends in Bluewaters Residences 5
Median sale price
AED 7.7M
Median per sq ft
AED 4,833
Median gross yield
4.6%
Price ranges from the most recent registered sales, by unit type:
- 2-bedroom apartments: AED 500.0K to AED 10.2M (1,448 to 1,933 sq ft), across 11 sales
- 1-bedroom apartments: AED 4.0M to AED 5.5M (820 to 1,179 sq ft), across 4 sales
- 4-bedroom apartments: AED 19.4M to AED 22.9M (2,459 to 6,468 sq ft), across 3 sales
- 3-bedroom apartments: AED 10.3M to AED 15.5M (2,033 to 2,130 sq ft), across 2 sales
Recent transactions in Bluewaters Residences 5
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 6,518,000AED 4,501 /sqftAED 48,448 /sqmt | 1,448 sqft134.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 10,200,000AED 7,044 /sqftAED 75,821 /sqmt | 1,448 sqft134.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 7,650,000AED 4,667 /sqftAED 50,235 /sqmt | 1,639 sqft152.3 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 10,250,000AED 4,812 /sqftAED 51,796 /sqmt | 2,130 sqft197.9 sqmt3 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 3,875,000AED 4,011 /sqftAED 43,174 /sqmt | 1,933 sqft179.6 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 10,000,000AED 6,094 /sqftAED 65,595 /sqmt | 1,641 sqft152.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 19,400,000AED 7,889 /sqftAED 84,916 /sqmt | 2,459 sqft228.4 sqmt4 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 7,550,000AED 5,214 /sqftAED 56,123 /sqmt | 1,448 sqft134.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 8,050,000AED 4,906 /sqftAED 52,808 /sqmt | 1,641 sqft152.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 4,800,000AED 4,237 /sqftAED 45,607 /sqmt | 1,133 sqft105.3 sqmt1 Bed | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 6,900,000AED 4,716 /sqftAED 50,763 /sqmt | 1,463 sqft135.9 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 500,000AED 3,448 /sqftAED 37,114 /sqmt | 1,448 sqft134.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 4,950,000AED 4,319 /sqftAED 46,489 /sqmt | 1,146 sqft106.5 sqmt1 Bed | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 5,500,000AED 4,665 /sqftAED 50,214 /sqmt | 1,179 sqft109.5 sqmt1 Bed | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 21,000,000AED 3,247 /sqftAED 34,950 /sqmt | 6,468 sqft600.9 sqmt4 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 15,500,000AED 7,624 /sqftAED 82,064 /sqmt | 2,033 sqft188.9 sqmt3 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 22,900,000AED 9,313 /sqftAED 100,244 /sqmt | 2,459 sqft228.4 sqmt4 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 3,980,000AED 4,854 /sqftAED 52,248 /sqmt | 820 sqft76.2 sqmt1 Bed | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 9,700,000AED 5,911 /sqftAED 63,625 /sqmt | 1,641 sqft152.5 sqmt2 Beds | Owner |
| Bluewaters Residences 5, Bluewaters IslandReadyApartment | AED 7,800,000AED 5,387 /sqftAED 57,985 /sqmt | 1,448 sqft134.5 sqmt2 Beds | Owner |
Bluewaters Residences 5
Bluewaters Island
AED 6.5M
AED 4,501 /sqftAED 48,448 /sqmt
ReadyApartment1,448 sqft134.5 sqmt2 BedsOwner24 Jun 2026Bluewaters Residences 5
Bluewaters Island
AED 10.2M
AED 7,044 /sqftAED 75,821 /sqmt
ReadyApartment1,448 sqft134.5 sqmt2 BedsOwner27 Mar 2026Bluewaters Residences 5
Bluewaters Island
AED 7.7M
AED 4,667 /sqftAED 50,235 /sqmt
ReadyApartment1,639 sqft152.3 sqmt2 BedsOwner3 Feb 2026Bluewaters Residences 5
Bluewaters Island
AED 10.3M
AED 4,812 /sqftAED 51,796 /sqmt
ReadyApartment2,130 sqft197.9 sqmt3 BedsOwner23 Dec 2025Bluewaters Residences 5
Bluewaters Island
AED 3.9M
AED 4,011 /sqftAED 43,174 /sqmt
ReadyApartment1,933 sqft179.6 sqmt2 BedsOwner6 Dec 2025Bluewaters Residences 5
Bluewaters Island
AED 10M
AED 6,094 /sqftAED 65,595 /sqmt
ReadyApartment1,641 sqft152.5 sqmt2 BedsOwner7 Nov 2025Bluewaters Residences 5
Bluewaters Island
AED 19.4M
AED 7,889 /sqftAED 84,916 /sqmt
ReadyApartment2,459 sqft228.4 sqmt4 BedsOwner7 Nov 2025Bluewaters Residences 5
Bluewaters Island
AED 7.6M
AED 5,214 /sqftAED 56,123 /sqmt
ReadyApartment1,448 sqft134.5 sqmt2 BedsOwner8 Aug 2025Bluewaters Residences 5
Bluewaters Island
AED 8.1M
AED 4,906 /sqftAED 52,808 /sqmt
ReadyApartment1,641 sqft152.5 sqmt2 BedsOwner21 May 2025Bluewaters Residences 5
Bluewaters Island
AED 4.8M
AED 4,237 /sqftAED 45,607 /sqmt
ReadyApartment1,133 sqft105.3 sqmt1 BedOwner9 Jan 2025Bluewaters Residences 5
Bluewaters Island
AED 6.9M
AED 4,716 /sqftAED 50,763 /sqmt
ReadyApartment1,463 sqft135.9 sqmt2 BedsOwner27 Nov 2024Bluewaters Residences 5
Bluewaters Island
AED 500K
AED 3,448 /sqftAED 37,114 /sqmt
ReadyApartment1,448 sqft134.5 sqmt2 BedsOwner13 Nov 2024Bluewaters Residences 5
Bluewaters Island
AED 5M
AED 4,319 /sqftAED 46,489 /sqmt
ReadyApartment1,146 sqft106.5 sqmt1 BedOwner7 Nov 2024Bluewaters Residences 5
Bluewaters Island
AED 5.5M
AED 4,665 /sqftAED 50,214 /sqmt
ReadyApartment1,179 sqft109.5 sqmt1 BedOwner31 Oct 2024Bluewaters Residences 5
Bluewaters Island
AED 21M
AED 3,247 /sqftAED 34,950 /sqmt
ReadyApartment6,468 sqft600.9 sqmt4 BedsOwner5 Aug 2024Bluewaters Residences 5
Bluewaters Island
AED 15.5M
AED 7,624 /sqftAED 82,064 /sqmt
ReadyApartment2,033 sqft188.9 sqmt3 BedsOwner21 Jun 2024Bluewaters Residences 5
Bluewaters Island
AED 22.9M
AED 9,313 /sqftAED 100,244 /sqmt
ReadyApartment2,459 sqft228.4 sqmt4 BedsOwner19 Jun 2024Bluewaters Residences 5
Bluewaters Island
AED 4M
AED 4,854 /sqftAED 52,248 /sqmt
ReadyApartment820 sqft76.2 sqmt1 BedOwner12 Jun 2024Bluewaters Residences 5
Bluewaters Island
AED 9.7M
AED 5,911 /sqftAED 63,625 /sqmt
ReadyApartment1,641 sqft152.5 sqmt2 BedsOwner6 Jun 2024Bluewaters Residences 5
Bluewaters Island
AED 7.8M
AED 5,387 /sqftAED 57,985 /sqmt
ReadyApartment1,448 sqft134.5 sqmt2 BedsOwner3 Jun 2024
Every sale in Bluewaters Residences 5Every rent contract in Bluewaters Residences 5
Service charges in Bluewaters Residences 5
The 2026 service charge in Bluewaters Residences 5 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.
| Unit type | Rate 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 5
Transportation near Bluewaters Residences 5
The nearest Dubai Metro station from Bluewaters Residences 5 is Jumeirah Lake Towers (red line, 1.8 km, about 6 min drive), then Nakheel Harbour & Tower (red line, 2.2 km, about 6 min drive). Stations planned on new lines nearby include Jumeirah Beach Residence 2 (orange line, 1 km, about 12 min walk) and Jumeirah Beach Residence 1 (orange line, 1.6 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- Jumeirah Beach Residence 2Orange line · 1 km · about 12 min walk
- Jumeirah Beach Residence 1Orange line · 1.6 km · about 5 min drive
- Jumeirah Lake TowersOrange line · 1.7 km · about 5 min drive
- Jumeirah Lake TowersRed line · 1.8 km · about 6 min drive
- Dubai Marina MallOrange line · 1.9 km · about 6 min drive
- Nakheel Harbour & TowerRed line · 2.2 km · about 6 min drive
Shopping and groceries near Bluewaters Residences 5
The closest is Al Maya / Bahar 6, Jumeirah Beach Residence, 1.4 km from Bluewaters Residences 5 (about 5 min drive).
- Al Maya / Bahar 6, Jumeirah Beach ResidenceSupermarket · 1.4 km · about 5 min drive
- Al Maya / Dream Tower, Dubai MarinaSupermarket · 1.5 km · about 5 min drive
- Wafi MallShopping Mall · 1.8 km · about 6 min drive
- Marina MallShopping Mall · 1.8 km · about 6 min drive
- Dubai Marina MallShopping Mall · 1.8 km · about 6 min drive
Restaurants and hotels near Bluewaters Residences 5
The closest is The Beach, 0.7 km from Bluewaters Residences 5 (about 8 min walk).
- The BeachHotel · 0.7 km · about 8 min walk
- Amwaj Rotana, Jumeirah Beach - DubaiHotel · 0.9 km · about 11 min walk
- Sofitel Dubai Jumeirah BeachHotel · 1 km · about 12 min walk
- Oasis Beach Tower ApartmentsHotel · 1.4 km · about 5 min drive
- Suha Hotel ApartmentsHotel · 1.7 km · about 5 min drive
Hospitals and clinics near Bluewaters Residences 5
The closest is Eternity Medicine Institute Dubai, 0.9 km from Bluewaters Residences 5 (about 11 min walk).
- Eternity Medicine Institute DubaiHospital · 0.9 km · about 11 min walk
- Eternity Medicine InstituteHospital · 1 km · about 12 min walk
- Cosmesurge & Emirates HospitalHospital · 2.1 km · about 6 min drive
- Dr Marc Mueller VIP ClinicHospital · 2.3 km · about 7 min drive
- Armada Medical CentreHospital · 2.3 km · about 7 min drive
Parks and leisure near Bluewaters Residences 5
The closest is JBR Beach, 1.2 km from Bluewaters Residences 5 (about 14 min walk).
- JBR BeachPark · 1.2 km · about 14 min walk
Schools near Bluewaters Residences 5
The nearest is EMIRATES INTERNATIONAL SCHOOL MEADOWS, 3.7 km away. Ratings are the KHDA's latest inspection grades.
- EMIRATES INTERNATIONAL SCHOOL MEADOWSInternational Baccalaureate - International Baccalaureate (1 · KHDA: Very good · 3.7 km
- The Winchester School - DUBAI BRANCHUK · KHDA: Very good · 4.2 km
- Delhi Private School L.L.CIndian · KHDA: Very good · 4.3 km
- Icademy Middle East Fz.LlcAmerican · KHDA: Not inspected yet · 4.7 km
- Dubai British School Jumeirah ParkUK · KHDA: Outstanding · 5.2 km
- Regent International Private School L.L.CUK · KHDA: Very good · 5.3 km
Other buildings in Marsa Dubai
Marsa Dubai has 266 buildings. A few others to compare Bluewaters Residences 5 with:
- Ready
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Off-plan
Off-plan
Al Anber
Marsa Dubai · Emaar
Things to consider about Bluewaters Residences 5
In its favour
- Owners who resold have made money: a median gain of up to 1%.
- 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 1.8 km away, so a car helps.
Specialists
Brokers who know Bluewaters Residences 5
These brokers handle sales and lettings in Bluewaters Residences 5 and can tell you what is available now.
Mishel Wehbe
Associate Director
Nataliya Skrypal
Associate Director
FAQs
Bluewaters Residences 5: questions answered
Buying, selling or renting in Bluewaters Residences 5?
A broker who works Marsa Dubai will tell you what is available and what comparable homes went for.