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Off the coastline of Jumeirah Beach Residence is the Bluewaters Island. This project has been approved by H.H Sheikh Mohammed Bin Rashid Al Maktoum, who is the ruler of Dubai and the Vice-President of the United Arab Emirates (UAE). It was announced in 2013 and the construction contract was assigned to a Dutch firm that was also responsible for constructing the Palm Jumeirah. Overall, this small island community will have everything one could want, including entertainment, hospitality, retail shops and most other things that are necessary for day-to-day living. Although there are plenty of properties in Dubai that offer residents the opportunity live on an artificial archipelago, their sale prices are beyond reach for some investors. Nonetheless, Bluewater Island can offer a cheaper option of owning property on an Island.
When it comes to apartments in Bluewaters Island, the most popular ones will come with 3 beds, 5 baths and 2,042 sq. ft. of floor space. For those looking at villas, they could consider a 4-bed, 6-bath villa that will come with 7,000 sq. ft. of floor space. For those interested in buying their own townhouse in Bluewater Island, the most popular option seems to come in the form of 4 beds, 6 baths and 6,494 sq. ft. of residential space. There are also penthouses for sale in Bluewaters Island in which the most popular option comes with 4 beds, 5 baths and 2,473 sq. ft. of floor space. Finally, it is important to note that there are no commercial properties available as of now in Bluewaters Island.
The most basic 1-bed apartment in Bluewaters Island will cost around AED 1.8M. On the other end, the most upscale version will demand a purchase price of AED 2.65M. For those interested in 2-bedrooms, they could expect a starting price of AED 2.6M which will go all the way up AED 4.1M. 3-bed apartments are also available which will offer residents an overall living space of 1,820 sq. ft. combined with 3 beds; a unit like this will cost around AED 3.5M. For those who require the largest apartment, they could consider buying a 3-bed flat which will come with 4 baths and 2,114 sq. ft. of space. A residential unit like this will cost around AED 5.3M. Moving into the townhouse territory, the typical townhouse can be purchased at an average price of AED 4.32M which will come with 4 baths and 3 beds.
Southwest of Palm Jumeirah, the Bluewaters Island is an extended piece of land in Dubai. It connects with the Jumeirah Beach Residence and just east of this island is the JBR beach. Around the Bluewaters Island, there are plenty of popular areas and places of interest. These include places like the Caesars Palace, Caesars Resort, The Residences at Caesars Resort and the Bluewaters which is a housing resort on this extended piece of land. In fact, there is also the London Project which is an upscale restaurant that serves a variety of cocktails, beers, whiskies, scotch and vodkas.
The primary reason for investing in Bluewaters Island is because it is made up of various types of properties that offer oceanfront living. For those who have ever dreamt of owning their villa or apartment on the Palm Jumeirah or the World Islands but can’t afford to do so, now they have the option to buy property that is similar yet more affordable. Most importantly, investing in Bluewaters Island could pay off in the long-run as this community is not isolated in any manner. One can experience what it means to live on an Island yet not have to go out of their way to live a life of convenience.
Nearby, there is the Cheesecake Factory for those who have a sweet tooth. Also, for those who enjoy fine dining, they could visit the At.Mosphere which is a high-rise fine dining experience. For those who want to try some of the best Japanese food in town, they should consider visiting the Wagamama restaurant which is situated in the Crown Plaza Hotel. Some casual dining restaurants are also available that are not too far away. For instance, there is the Al Kamil Restaurant and Billiard located in Medina Towers.