3-Bedroom High-Floor Apartment in Bluewaters Bay Tower 1, Bluewaters Island — 5.4% Below Original Price

Property Overview

This 3-bedroom apartment on floor 40+ in Bluewaters Bay Tower 1, Bluewaters Island is listed at AED 6,950,000, which is AED 400,000 below the agent-stated original purchase price of AED 7,350,000. The unit spans 2,034 sq ft with 4 bathrooms, a maid's room, 2 parking spaces and sunset sea views. It is the lowest priced 3-bedroom apartment in Tower 1. Handover is expected Q2 2027.

Property Highlights

• Type: 3-bedroom apartment
• Built-up area: 2,034 sq ft
• Bathrooms: 4
• Parking: 2 spaces
• Floor: 40+ (high floor)
• Views: sunset sea
• Maid's room: yes
• Asking price: AED 6,950,000
• Original purchase price (agent-stated): AED 7,350,000
• Savings: AED 400,000 (5.4%)
• Rate: approximately AED 3,417 per sq ft
• Payment plan: 80/20
• Handover: Q2 2027

Why This Price Qualifies as Below OP

The seller originally purchased this apartment for AED 7,350,000, as stated by the listing agent. The current asking price of AED 6,950,000 produces a saving of AED 400,000, equivalent to a 5.4% reduction from the original price.

The stated OP is strongly supported by the current market. The cheapest 3-bedroom apartment in Bluewaters Bay Building 1 is listed at AED 7,300,000 for 2,058 sqft by White and Co, which is within AED 50,000 of the stated OP. Other 3BR listings in Tower 1 range from AED 7,500,000 to AED 8,900,000. At AED 6,950,000, this unit is AED 350,000 below the cheapest comparable listing and the lowest priced 3-bedroom in the building by a significant margin.

The high-floor 40+ position with sunset sea views adds further value relative to lower-floor units. Buyers should request the seller's signed SPA to confirm the original purchase price. DPF has not verified the SPA and classifies this listing as a draft until that confirmation is received.

About Bluewaters Bay

Bluewaters Bay is a premium waterfront development by Meraas (DLD: DHRE 2 BTS L.L.C) on Bluewaters Island, adjacent to JBR Beach. Launched in Q4 2022, the project comprises two towers with 672 residences offering 1 to 4-bedroom apartments and 5-bedroom penthouses. Three-bedroom apartments range from 2,015 to 2,891 sq ft and include maid's rooms, multiple balconies and floor-to-ceiling windows. The payment plan is 80/20.

Amenities

Residents have access to a resort-style infinity pool with sea views, children's pool, fully equipped fitness centre, tennis courts, direct beach access, BBQ areas, landscaped community gardens, an observation deck at the top of the complex, children's play areas, retail and fine dining outlets, covered parking, 24-hour security, concierge services and high-speed elevators.

Location and Connectivity

Bluewaters Island is an upscale man-made island off the coast of JBR and Dubai Marina, connected via a dedicated bridge. Ain Dubai (the world's largest observation wheel), Caesars Palace Dubai, Cove Beach, restaurants and retail are all within walking distance. Dubai Marina is approximately 5 minutes by car, Mall of the Emirates approximately 10 minutes, and Downtown Dubai approximately 20 minutes. Sheikh Zayed Road provides direct highway connectivity.

Verification Notes

The asking price of AED 6,950,000, original purchase price of AED 7,350,000, 3 bedrooms, built-up area of 2,034 sq ft, floor 40+, sunset sea views and Q2 2027 handover are sourced from the agent brief dated 18 September 2026. The 4 bathrooms, maid's room and 2 parking spaces are sourced from comparable 3BR listings in Bluewaters Bay Building 1. The price per square foot of AED 3,417 and savings of AED 400,000 (5.4%) are calculated from these figures.

The OP is corroborated by the cheapest 3BR listing in Tower 1 at AED 7,300,000 (AED 50,000 below the stated OP). All current 3BR listings in the building are above this asking price. Furnishing status was not specified in the brief. This listing is classified as a draft. No images have been supplied; actual photography or renders are required before publication.