Bluewaters Island Takes Shape
    Luxury LivingApril 7, 20173 min read

    Bluewaters Island Takes Shape

    The island off JBR, with its giant observation wheel, residences and hotels, is nearing completion. What it offers residents and investors.

    Director of Research

    Previously with Knight Frank's Global Research team. Michael brings deep expertise in cross-border capital flows and emerging market real estate dynamics.

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    Bluewaters Island, built off the coast of JBR, is taking shape. Its residential buildings, hotels, retail and the giant observation wheel are visible from the beach, and the island is expected to become one of Dubai's new landmarks. For buyers, it offers island living close to Dubai Marina.

    What the island offers

    • Residences: apartments and townhouses with sea and skyline views.
    • Hotels: international hotel brands.
    • Retail and dining: a waterfront promenade.
    • Attraction: the observation wheel, expected to draw visitors.

    Access

    A bridge connects the island to the mainland, and a pedestrian link to JBR is planned. Proximity to the Marina and the metro makes it well connected.

    Who it suits

    Bluewaters suits buyers seeking a distinctive waterfront home, as well as investors targeting holiday rentals in a destination with strong tourist appeal.

    Considerations

    As a visitor destination, the island may be busy. Service charges reflect its amenities. Buyers should consider privacy, noise and parking.

    Investment potential

    A limited supply of homes in a landmark location supports long-term value, particularly for units with the best views.

    Island living in practice

    Living on an island close to the mainland combines a sense of retreat with easy access to the city. Residents of Bluewaters will have views of the sea and the JBR skyline, a waterfront promenade and restaurants on their doorstep. However, island living brings practical considerations. Access depends on bridges, which may become congested at busy times, particularly when the observation wheel attracts crowds. Deliveries, visitors and parking need careful planning. Service charges reflect the costs of maintaining island infrastructure. Buyers should consider how the island will feel on a busy weekend evening as well as on a quiet weekday, and whether its atmosphere suits their lifestyle.

    Our view

    Bluewaters is set to become one of Dubai's signature destinations. We help clients assess its residences and compare them with alternatives along the coast.

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