−4% Bluewaters Residences 2
2 BR · Apartment · 3 bathrooms
Price history
Listed since 14 October 2026. The price has been cut once — dates and figures from the listing itself.
- 31 October 2026 AED 8 650 000
- 11 November 2026 AED 8 350 000 -3%
About the building
9-storey residential building in Bluewaters Residences, completed in 2018. Developer — Meraas Holding.
Where it is
The pin is placed by project — accurate to the development, not the door.
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 NP4-617047
How much is this 2-bedroom apartment in Bluewaters Residences 2?
Lot NP4-617047 is priced at AED 8 350 000, about $2 274 000. The size is 1 488 sq ft (138 m²), which works out at AED 5 612 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 8 650 000 to AED 8 350 000: AED 300 000 less, or 3%. It was cut once. On the market since 14 October 2026.
How does this price compare with other lots in Bluewaters Residences 2?
The database holds 2 lots in Bluewaters Residences 2 right now, from AED 8 350 000 to AED 9 600 000.
Is this expensive or cheap for Bluewaters Island?
The database holds 86 lots in Bluewaters Island, starting from AED 2 770 000. The area median is AED 6 263 per sq ft; this lot, at AED 5 612, is 10% below it. 4 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 →Is the property ready or still under construction?
According to the listing, the property is ready. The project passport gives 2018 as the completion year.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 30%, here AED 2 505 000; a loan of AED 5 845 000 over 25 years at 3.75–4.99% a year comes to roughly AED 30 100–34 100 a month. A non-resident puts down from 40% (AED 3 340 000) and pays about AED 25 800–29 300 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 334 000 for this lot. On a ready property the registration trustee fee of AED 4 200 is added. 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 8 350 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.
Golden Visa and residence visas →What is known about Bluewaters Residences 2?
The building has 9 floors. The developer is Meraas. Completion year: 2018. Figures are from the project passport: Propsearch and the Dubai Land Department.
What does the seller say about the property itself?
From the listing: bathrooms — 3.
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 NP4-617047 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Bluewaters Residences 2
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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