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Bluewaters Residences Building 3, Bluewaters IslandReady

Bluewaters Residences Building 3, Bluewaters Island

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HIGHLIGHTS

About Bluewaters Residences Building 3

Apartment Building 3 is one of the ten residential buildings in Bluewaters Island offering 1, 2, 3 and 4-bedroom apartments. The apartment building is a part of iconic development – Bluewaters Residences by Meraas. The family-oriented development is located off the coast of JBR, Dubai. Each of the apartment buildings comes with an array of lifestyle amenities such as a swimming pool, gymnasium, play area, basketball courts and landscaped gardens.

Blue water Island Dubai is a man-made island featuring the world’s largest observation wheel – Ain Dubai. The contemporary district hosts an exclusive selection of apartments, townhouses and penthouses. It is located in close proximity to Dubai Marina and offers a direct roadway to Sheikh Zayed Road.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Bluewaters Island
  • Developer: Meraas Holding
  • Number of floors: 8
  • Unit type: 1, 2, 3 and 4-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Gymnasium, swimming pool, kids’ play area, basketball courts, landscaped gardens
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BUILDING DETAILS

Facilities in Bluewaters Residences Building 3

Parking

Depending on the apartment type, one or two dedicated parking spots are available for tenants in Apartment Building 3. Visitors can find parking slots outside the building.

Elevators

There are high-speed elevators in Apartment Building 3, Bluewaters Island.

Security, Central Air-Conditioning and Maintenance Services 

The apartment building has 24-hour security with CCTV surveillance to ensure a comfortable and secure environment for residents. There is an on-site maintenance and a waste disposal facility too. DEWA supplies water and electricity while Empower is the district cooling supplier of the apartment building.

Gym and Fitness Facilities 

Fitness enthusiasts can keep themselves fit at the state-of-the-art gymnasium in Apartment Building 3.

Lifestyle Amenities

Like other residential buildings of Bluewaters Residences, Apartment Building 3 also offers a premium lifestyle for the whole family with residential amenities. These facilities include swimming pools, landscaped gardens, basketball courts and children’s play areas.

Concierge and Guest Services 

24-hour concierge and help-desk are available in Apartment Building 3, Dubai.

Pet-friendly

Apartment Building 3, Bluewaters Island is a pet-friendly building.

Apartment Types in Bluewaters Residences Building 3

Bluewaters Residences Building 3, Dubai offers 1, 2, 3 and 4-bedroom apartments.

1-Bedroom Apartments in Bluewaters Residences Building 3

1-bedroom apartments in Bluewaters Residences Building 3 spread over an area of 815 sq. ft. to 1,315 sq. ft. These units come with living and dining areas, en-suite bathrooms, built-in wardrobes, open kitchens, guest’s toilets and balconies.

2-Bedroom Apartments in Bluewaters Residences Building 3

The average coverage area for a 2-bedroom unit is 2,034 sq. ft. There are three to four bathrooms in this bed type with a spacious living and dining area, a fully-fitted kitchen, a maid’s room and a balcony.

3-Bedroom Apartments in Bluewaters Residences Building 3

The coverage area of 3-bedroom apartments in Bluewaters Residences Building 3 ranges between 1,821 sq. ft. to 2,141 sq. ft. They have an en-suite bathroom and built-in wardrobe in the master bedroom, living with a dining area, powder room and an open kitchen. Depending on your unit type, extra features include a maid’s room with a bathroom and a balcony.

4-Bedroom Apartments in Bluewaters Residences Building 3

4-bedroom apartments in Bluewaters Residences Building 3 cover an area of 2,473 sq. ft. These spacious residential units consist of five bathrooms, powder rooms, expansive living with dining areas and open kitchens. In addition, there is a maid’s room, utility room and a balcony overlooking Arabian Gulf in each 4-bedroom unit.

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2-Bed
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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 15 hours ago

According to Bayut, 2-bedroom flats in Apartment Building 3 enjoy the highest popularity. They are followed by 3-bedroom flats in the second spot. 1-bed apartments take up the third position on the list. 4-bed units rank in the fourth position.

The pricing details of apartments for rent in Apartment Building 3 are as follows:

  • The rental prices for 3-bedroom apartments lie between AED 225k and AED 290k per annum
  • 4-bedroom apartments in Apartment Building 3 have an annual rental price of AED 320k

The starting price of apartments for rent in Bluewaters Island is around AED 105k and goes up high to AED 460k per year. The convenient payment options make it easy for tenants to pay the annual lease on time.

Those interested in buying an apartment in Apartment Building 3 must take a look at the sales trend in the building:

  • The average sale price of a 1-bedroom apartment is AED 2.7M
  • One can buy a 2-bedroom units in Apartment Building 3 in a price range of AED 3.1M to AED 3.89M
  • The sale prices of 3-bedroom apartments lie between AED 4.7M and 5.2M
  • Investors are expected to pay a sale price between AED 5.5M and AED 6M for a 4-bedroom apartment

You can compare these prices with other apartments for sale in Bluewaters Island for analysis.

Rental Yield in Bluewaters Residences Building 3

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Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 15 hours ago

1-bed apartments offer the highest ROI in Apartment Building 3 of 6.87%. 4-bed units generate about 6.35% return on investment. 3-bedroom flats offer an ROI of about 6.10%. Whereas, the ROI of 2-bedroom flats averages at 5.90%.

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NEARBY AMENITIES

Transportation near Bluewaters Residences Building 3

Bus Stations near Bluewaters Residences Building 3  

Jumeirah Beach Residence, Marsa Dubai JBR and Jumeirah Royal Meridien are the nearest bus stations. Residents can avail 84 and F55A from these stations in a 14-minute drive.

Metro Stations near Bluewaters Residences Building 3 

The nearest metro stations are accessible in a 10-minute drive, these include DAMAC Properties, Ibn Battuta and DMCC Metro Station.

Tram Stations near Bluewaters Residences Building 3 

Another means of public transportation near Apartment Building 3 is tram service. The closest tram station is JBR Tram Station at only about an 11-minute drive.

Restaurants near Bluewaters Residences Building 3

Residents don’t need to travel far to find restaurants near Apartment Building 3. The options include:

  • Shi Restaurant
  • Puerto 99
  • Sahelnom Restaurant
  • Virgin Izkaya
  • McDonald's

One can get to these eateries within a 2-minute drive. Fine-dining restaurants nearby include:

  • Rhodes W1
  • Celebrities
  • The Cavendish Restaurant

Rhodes W1 offers a traditional Anglo-French-inspired menu with a little modern touch. Food lovers can enjoy steak, salmon and a wide range of deserts at Rhodes W1. The restaurant is located a 14-minute drive away from the apartment building. Celebrities serves international cuisine with an exceptional selection of wine. One can reach the restaurant in a 14-minute drive via Sheikh Zayed Road.

Supermarkets near Bluewaters Residences Building 3

To cater to the daily shopping needs of the residents, supermarkets near Apartment Building 3, Bluewaters Island include:

  • Al Maya Supermarket
  • Choithrams
  • Aswaaq

These supermarkets are located a 10 to 15-minute drive from the apartment building. Al Maya Supermarket, Marina Branch is the closest supermarket for residents, it has all the basic needs of every household.

NEARBY BUILDINGS

Other residential buildings of the district lie in proximity to Apartment Building 3. All the aforementioned buildings are accessible in a 5-minute drive from Bluewaters Island, Building 3.

Major Landmarks

Ain Dubai
Ain Dubai is located at an 11-minute drive from Apartment Building 3

A few notable landmarks nearby include:

  • Ain Dubai
  • Dubai Marina Walk
  • Emirates Golf Club

Ain Dubai is one of the most popular attraction of Bluewaters Island. The wheel can carry up to 1,900 passengers at a time in its 48 double-glazed capsules, offering 360-degree views of Dubai.

Dubai Marina Walk is a 7km palm-lined waterfront walkway dotted with global cafes, dining and shopping options.

THINGS TO CONSIDER

Apartment Building 3, Bluewaters Island is an ideal residential building considering luxurious amenities and facilities. However, those planning to move in here must consider that it is a high-end building and the apartments for rent or sale are a bit pricey.

Are you looking to buy or rent apartments in Bluewaters Residences Building 3?
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