Bluewaters Bay Tower 1
1 BR · Apartment
Where it is
The pin is placed by district — I send the exact address on request.
Bluewaters Island
A small island off JBR built around Ain Dubai: low unit count, high specification, and a short bridge to the mainland.
- low-density waterfront
- upmarket short-let
- capital preservation
What to check: The market here is small, so comparable transactions are few and resale takes longer than on the mainland. Buy it as a long hold and confirm the service charge, which is high by Dubai standards for a low unit count.
Full district guide →Questions and answers about lot NP18-574897
How much is this 1-bedroom apartment in Bluewaters Bay Tower 1?
Lot NP18-574897 is priced at AED 2 770 000, about $754 000. The size is 799 sq ft (74 m²), which works out at AED 3 467 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 974 000; it is now AED 2 770 000 — AED 204 000 less, or 7%.
Is this expensive or cheap for Bluewaters Island?
The database holds 146 lots in Bluewaters Island, starting from AED 1 800 000. The area median is AED 6 606 per sq ft; this lot is at AED 3 467. A gap that wide usually means an error in the listing rather than a real price difference — I will check it when you ask. 5 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.
Bluewaters Island area guide →Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 554 000; a loan of AED 2 216 000 over 25 years at 3.75–4.99% a year comes to roughly AED 11 400–12 900 a month. A non-resident puts down from 40% (AED 1 108 000) and pays about AED 8 500–9 700 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 110 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.
Does buying this lot qualify for a UAE residence visa?
On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 770 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP18-574897 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Bluewaters Bay Tower 1
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