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Flat 67 м² in Dubai, UAE (United Arab Emirates)

ID 4OUyG
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Area
67 m²
Bedrooms
1

Description

Flat in Dubai. City - Dubai

ID D1003_Bluewaters Bay

Bluewaters Bay - the first residential project from Meraas on the famous Bluewaters Island in a long time. The complex will consist of two luxurious skyscrapers and a total of 672 real estate units - apartments with 1-4 bedrooms and penthouses with 5 bedrooms. The layout of each residence includes at least one balcony with a luxurious view of the island surroundings. The buildings are designed to provide residents of Bluewaters Bay with first-class apartments and impeccable amenities. The location of the complex guarantees access to the best social and transportation infrastructure of the emirate.

Location Features:

  • The complex will be built along the Bluewaters Bridge, connecting Bluewaters Island to the JBR district and Sheikh Zayed Road.
  • Perfect for weekends and holidays.
  • Local attractions within walking distance.
  • High transportation accessibility and direct access to Sheikh Zayed Road.
  • A wide variety of restaurants and entertainment venues on both Bluewaters Island and within JBR.
  • JBR - a popular tourist district in the emirate.
  • The island has a well-developed social infrastructure.
  • Picturesque views of the surroundings of Bluewaters Island, Palm Jumeirah, Ain Dubai, and the coastline.
  • 40 minutes drive from Dubai International Airport.
  • 30 minutes drive from Downtown Dubai.

Amenities:

  • Resort-style infinity pool
  • Observation deck
  • BBQ area
  • Tennis court
  • Children's play area
  • Children's pool
  • Jogging tracks
  • Public parks
  • Outdoor fitness area

Areas and Prices:

  • 1-bedroom apartments 67-117 sq.m, starting from AED 2,560,000 (USD 697,000);
  • 2-bedroom apartments 90-181 sq.m, starting from AED 3,350,000 (USD 912,000);
  • 3-bedroom apartments 187-218 sq.m, starting from AED 6,350,000 (USD 1,730,000);
  • 4-bedroom apartments 221-278 sq.m, prices upon request;
  • 5-bedroom penthouses 520-642 sq.m, prices upon request.

Local Infrastructure:

  • Supermarkets: Franprix Bluewaters Island, Honey Lemon Minimart ZOOM 6524, Viva Supermarket
  • Public transportation: ferry - Bluewaters transport station, bus stop - Bluewaters Island 1, metro station - DMCC
  • Schools / nurseries: Emirates International School - Meadows, Blossom Marina Nursery Dubai, British Orchard Nursery - JBR
  • Clinics: Medcare Medical Center JBR, American Medical Center, Kings Marina Medical Center, Marina Medical Center
  • Shops / restaurants: Bluewaters Island, JBR Walk Dubai Marina Mall, JLT, Dubai Harbour Dubai Harbour Gas Station, ENOC Emirates International School
  • Attractions Ain Dubai, JBR, Dubai Marina, Palm Jumeirah

Bluewaters Bay residences are equipped with spacious panoramic windows and doors, providing a beautiful view of the island surroundings and abundant natural light throughout the day. Another advantage of the complex is the open layout of living spaces and excellent modern kitchens. The project's concept is to allow the inner world to come outside and the outside to come inside. The interior design of the apartments will embody a calming atmosphere of the seaside, and all residential areas will feature carefully selected finishes and functionality.

Key Features:

  • Each residence's windows will offer a picturesque view of Ain Dubai and the surroundings of Bluewaters Island or the JBR coastline and the modern Dubai skyline.
  • The layout of all apartments will include a laundry room and at least one balcony/terrace.
  • 3-bedroom residences will include a maid's room, additional bathroom and powder room. All bedrooms will also have walk-in closets.
  • 4-bedroom apartments will have additional storage rooms.
  • The community will have an observation deck with a great view of Dubai and the surroundings of Bluewaters Island.

Benefits of Buying:

  • Bluewaters Island is perfect for both permanent residence and as a tourist destination.
  • Convenient location and excellent transport connections allow local residents quick access to the popular JBR area and its surroundings.
  • Great place for a vacation.
  • The complex is surrounded by 5-star hotels and premium residential communities.
  • All necessary infrastructure facilities are within walking distance.
  • A wide variety of tourist attractions, such as Ain Dubai, Caesars Palace, and Madame Tussauds Wax Museum.
  • Many restaurants and entertainment venues nearby.
  • High return on investment

Payment Plan: 80/20

Return on Investment: 6%

Developer Information:

Meraas Holding LLC - a major holding company comprising 6 subsidiaries specializing in retail, hospitality, healthcare, corporate clients, and real estate. The developer's portfolio includes iconic projects such as City Walk Residences, Bluewaters Residences, Nikki Beach Residences, Bulgari Residences, Port De La Mer, La Mer Maisons, Jumeirah Bay, Cherrywoods, and many more.

Need to Know:

  • Service charge: Check with the developer
  • Private parking: Available
  • Resale features: During construction stage - after paying 40% of the total cost

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
697 072 $
Floor
8
Year of construction
2027

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Dubai; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in UAE (United Arab Emirates)?

A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in UAE (United Arab Emirates)?

Yes. Rental income tax is 5–25% depending on the regime. In Dubai short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (697 072 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

A typical transaction runs 30–90 days, averaging 45 in Dubai: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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