Mortgages in Bluewaters Island Dubai
Exclusive island living adjacent to Dubai Marina — home of Ain Dubai.
Bluewaters Island is Meraas's 1.86-million sqm artificial island off Dubai Marina, home to Ain Dubai — the world's largest observation wheel. The island features luxury apartments, The Caesars Palace Bluewaters Dubai hotel, and a retail and entertainment hub. Bluewaters offers a truly unique living environment with Marina views, beach access, and unmatched lifestyle amenity.
Mortgage Facts for Bluewaters Island Dubai
| Detail | Information |
|---|---|
| Average Property Price | AED 2.5M – 12M |
| Maximum LTV | 75% (expats) / 80% (UAE nationals) |
| Average price per sqft | AED 2,200–3,200+ |
| Typical mortgage for 2BR | AED 2M–4M |
| Example EMI (AED 3M, 25yr, 3.79%) | ~AED 15,500/month |
| Dominant developer | Meraas |
| Rental yield | 4.5–6% p.a. |
Popular Areas in Bluewaters Island Dubai
- Bluewaters Residences (1–11)
- Caesars Palace Hotel Apartments
Buying Tips for Bluewaters Island Dubai
- Bluewaters is one of only a few genuine island communities in Dubai — scarcity supports values.
- The Ain Dubai view units command a significant premium and are most sought after.
- Given high price points, buyers often need 25%+ equity — Mortigo helps structure the optimal LTV.
Frequently Asked Questions
Is Bluewaters freehold for expats?
Yes, Bluewaters Island is a fully freehold development by Meraas, available to all nationalities including non-UAE residents.
Which banks finance Bluewaters properties?
Emirates NBD, FAB, ADCB, and several other major UAE banks finance Bluewaters properties. Mortigo identifies your best rate option.
Recommended Banks for Bluewaters Island Dubai Mortgages
Based on lending criteria, property approvals, and competitive rates for Bluewaters Island Dubai properties, Mortigo recommends the following UAE banks:
Get pre-approved in 10 minutes | All UAE Locations | Mortgage Calculator | Compare UAE Banks
Buying Property in Dubai
Bluewaters Island is Meraas's 1.86-million sqm artificial island off Dubai Marina, home to Ain Dubai — the world's largest observation wheel. The island features luxury apartments, The Caesars Palace Bluewaters Dubai hotel, and a retail and entertainment hub. Bluewaters offers a truly unique living environment with Marina views, beach access, and unmatched lifestyle amenity.
Popular Areas in Dubai
Quick Facts
AED 2.5M – 12M
75% (expats) / 80% (UAE nationals)
Mortgage Rates & Costs
AED 2,200–3,200+
AED 2M–4M
~AED 15,500/month
Meraas
4.5–6% p.a.
Tips for Buying in Dubai
Dubai Mortgage FAQs
Is Bluewaters freehold for expats?
Yes, Bluewaters Island is a fully freehold development by Meraas, available to all nationalities including non-UAE residents.
Which banks finance Bluewaters properties?
Emirates NBD, FAB, ADCB, and several other major UAE banks finance Bluewaters properties. Mortigo identifies your best rate option.