What is the best area to invest in Abu Dhabi?

Al Reem Island, Yas Island, and Saadiyat Island are among the strongest investment areas in Abu Dhabi. Al Reem Island offers the highest liquidity with gross rental yields of 6–8%. Yas Island provides strong short-term rental returns of 15–22%. Saadiyat Island is preferred for long-term capital appreciation and prestige.

How do I get a UAE Golden Visa through property?

Investing AED 2 million or more in UAE property qualifies for a 10-year UAE Golden Visa. The property must be completed (ready). The visa covers the investor plus spouse, children, and parents. District Real Estate specialises in helping clients select Golden Visa-qualifying properties.

What is the average rental yield in Abu Dhabi?

Gross rental yields in Abu Dhabi average 6–8% depending on area and property type. Al Reem Island and Yas Island typically deliver the strongest yields. Masdar City can achieve 7–9% due to strong corporate demand. Saadiyat Island yields are lower at 5–6% but offers stronger capital appreciation.

Can foreigners buy property in Abu Dhabi?

Yes, foreigners can buy freehold property in designated investment zones in Abu Dhabi, including Yas Island, Saadiyat Island, Al Reem Island, Al Raha Beach, and Masdar City. There is no property tax or capital gains tax in the UAE.

What is a typical off-plan payment plan in UAE?

Typical off-plan payment plans in UAE require 10% down payment, 40% during construction, and 50% on handover. Many developers now offer post-handover payment plans where 40% is paid over 3 years after handover. Abu Dhabi registration fee is 2% and Dubai DLD transfer fee is 4%.

How is District Real Estate different from other agencies?

District Real Estate has operated in Abu Dhabi since 2014 with offices in Abu Dhabi, Dubai and Cairo. We offer a full range of services including off-plan sales, secondary market, leasing, property management and Golden Visa advisory. Our property advisor Dhabi AI provides instant market intelligence 24/7.

What is the minimum property investment for UAE Golden Visa?

The minimum property investment for a UAE Golden Visa is AED 2,000,000 (approximately USD 545,000). The property must be a completed unit. Multiple properties can be combined to reach the AED 2M threshold. The Golden Visa provides 10-year UAE residency.

Should I invest in Abu Dhabi or Dubai property?

Abu Dhabi typically offers higher rental yields (6–8%) and stronger government stability, while Dubai offers a more liquid market and stronger short-term rental potential. Abu Dhabi is generally preferred by investors seeking income and capital preservation, while Dubai attracts investors seeking liquidity and global profile.

Bluewaters Residences 2 — Bluewaters Island, Dubai

Bluewaters Residences 2 is a prestigious residential building nestled within Bluewaters Island, one of Dubai's most iconic and meticulously planned waterfront destinations developed by Meraas. Rising gracefully on the man-made island adjacent to Jumeirah Beach Residence, this development offers residents an unparalleled island lifestyle combined with the dynamism of urban Dubai living. The building forms part of the broader Bluewaters Residences collection, a signature component of the island's residential offering that has set a new benchmark for coastal living in the emirate. Architecturally, Bluewaters Residences 2 reflects a contemporary design philosophy that seamlessly blends clean modern lines with warm, resort-inspired aesthetics. Interiors are thoughtfully crafted with high-quality finishes, floor-to-ceiling windows, and spacious layouts that capture sweeping views of the Arabian Gulf, the Dubai Marina skyline, and the world's largest observation wheel, Ain Dubai. The residences range across various bedroom configurations, catering to singles, couples, and families seeking an elevated standard of living. Life on Bluewaters Island is truly unique — residents enjoy direct access to a vibrant retail and dining promenade lined with international restaurants, boutique cafes, and leisure attractions. The island's pedestrian-friendly design encourages an active, outdoor lifestyle where evening strolls along the waterfront boardwalk become a daily ritual. With Ain Dubai as its centrepiece landmark, Bluewaters Island consistently draws visitors and residents alike, creating a lively yet refined community atmosphere. Meraas has ensured that Bluewaters Residences 2 is supported by a comprehensive suite of on-site amenities and well-maintained communal spaces, making it suitable for both full-time residents and those seeking a premium holiday home. The combination of island exclusivity, world-class infrastructure, and proximity to Dubai's key destinations makes this an address that genuinely stands apart in the city's residential landscape.

Developer: Meraas

Facilities: Swimming pool with sundeck, Fully equipped gymnasium, Children's play area, Landscaped gardens and communal green spaces, Underground parking garage, 24-hour security and concierge services, High-speed elevators, Dedicated retail and dining at podium level, Jogging and cycling tracks along the waterfront, Covered visitor parking

DRE Advisory:

Nearby: Ain Dubai (world's largest observation wheel), Bluewaters Island Retail and Dining Promenade, JBR (Jumeirah Beach Residence) The Walk, Dubai Marina, The Beach at JBR, Palm Jumeirah

Residential Building

Bluewaters Residences 2

Bluewaters Island · Dubai · Meraas

2019

Year Built

AED 18–22 / sqft (est.)

Est. Service Charge / year

Estimated range based on community averages. Verify with the owners association before purchase.

About Bluewaters Residences 2

DRE Advisory

District Real Estate has specialist knowledge of Bluewaters Residences 2 and the wider Bluewaters Island sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

Community Feel

Bluewaters Island fosters an intimate, upscale community atmosphere that feels distinctly removed from the bustle of mainland Dubai while remaining effortlessly connected to it. Residents of Bluewaters Residences 2 tend to be cosmopolitan professionals, affluent families, and discerning retirees who value exclusivity, safety, and a resort-like pace of life. The island's car-lite design encourages neighbours to interact along its promenades and public spaces, creating a genuine sense of community rarely found in larger urban developments. It is a neighbourhood where lifestyle is lived outdoors, with the sea breeze and golden sunsets as constant companions.

Investment Outlook

Bluewaters Residences 2 presents a compelling investment case underpinned by the scarcity value of island living in Dubai. Properties on Bluewaters Island are limited in supply, and demand from both end-users and investors remains consistently strong, supporting robust capital appreciation over the medium to long term. Gross rental yields for apartments in this community typically range between 5% and 7%, driven by strong demand from high-net-worth expatriates, corporate tenants, and short-term holiday renters attracted to the island's tourism appeal. The development appeals primarily to international investors from Europe, GCC countries, and Asia who seek a trophy asset in a globally recognised address. The proximity to Ain Dubai, the Marina, and JBR ensures year-round tenant demand, while Meraas's reputation as a premium developer adds an inherent quality premium to the asset. As Dubai's tourism and hospitality sectors continue to expand, waterfront properties like those on Bluewaters Island are well-positioned to deliver strong total returns over time.

Building Facilities

Swimming pool with sundeck

Fully equipped gymnasium

Children's play area

Landscaped gardens and communal green spaces

Underground parking garage

24-hour security and concierge services

High-speed elevators

Dedicated retail and dining at podium level

Jogging and cycling tracks along the waterfront

Covered visitor parking

Getting Around

Bluewaters Island is accessible via a dedicated bridge connecting to Jumeirah Beach Residence, making it straightforward to reach by car with Sheikh Zayed Road accessible within minutes. A pedestrian bridge links the island directly to JBR's beachfront, enabling easy access on foot. Dubai Marina Metro Station is approximately a 10-minute drive away, while Dubai International Airport is reachable in around 30 minutes. Palm Jumeirah, Downtown Dubai, and Dubai Media City are all within a 15 to 25-minute drive, ensuring strong overall connectivity.

Nearby Landmarks

Ain Dubai (world's largest observation wheel)
Bluewaters Island Retail and Dining Promenade
JBR (Jumeirah Beach Residence) The Walk
Dubai Marina
The Beach at JBR
Palm Jumeirah

Nearby Buildings

Bluewaters Residences 1

Bluewaters Residences 3

Caesars Palace Bluewaters Dubai

Marina Gate (JBR/Marina border)

Sadaf Residences JBR

Frequently Asked Questions

What types of apartments are available in Bluewaters Residences 2?

Bluewaters Residences 2 offers a variety of residential unit configurations ranging from one-bedroom to larger multi-bedroom apartments, designed to cater to individuals, couples, and families. Each unit features contemporary finishes and is oriented to maximise views of the Arabian Gulf, Ain Dubai, or the Dubai Marina skyline.

Is Bluewaters Residences 2 freehold for foreign investors?

Yes, Bluewaters Island is a designated freehold zone in Dubai, meaning expatriates and foreign nationals can purchase property in Bluewaters Residences 2 with full ownership rights. This makes it an attractive option for international investors seeking a UAE property asset with long-term capital security.

What is the lifestyle like on Bluewaters Island for residents of this building?

Residents enjoy a resort-inspired island lifestyle with direct access to a waterfront promenade featuring international dining, cafes, and leisure outlets. The island is pedestrian-friendly with jogging tracks, open plazas, and beach access nearby. Ain Dubai, one of the world's most recognisable landmarks, serves as the community's focal point and adds a unique vibrancy to daily life.

How easy is it to rent out an apartment in Bluewaters Residences 2?

Rental demand for apartments on Bluewaters Island is consistently strong, driven by the area's tourism appeal, proximity to JBR and Dubai Marina, and the island's limited residential supply. Both long-term and short-term (holiday home) rental models are viable options, with many owners benefiting from premium rental rates compared to mainland Dubai communities of similar specifications.

Are there schools and healthcare facilities near Bluewaters Residences 2?

While Bluewaters Island itself is primarily a lifestyle and residential destination, several reputable schools and medical facilities are located within a short drive. Dubai British School and several other international schools are accessible via JBR and Marina areas. Mediclinic Meadows and other hospitals in the Jumeirah Lake Towers and Marina vicinity are reachable within 10 to 15 minutes by car.

Enquire About Bluewaters Residences 2

Our Bluewaters Island specialists have access to current resale inventory, rental listings, and yield data for Bluewaters Residences 2. Let us help you make the right move.

Contact an Advisor Explore Bluewaters Island

Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.