3 Bed + Maid at Bluewaters Bay T1 – High Floor Sunset Sea View, AED 400K Below Original Price

Property Overview

This three-bedroom-plus-maid's apartment in Tower 1 of Bluewaters Bay, Bluewaters Island, is an off-plan resale offered at AED 6,950,000 for 2,034 sq ft. The agent describes it as on floor 40 or above with a sunset sea view. The stated original purchase price is AED 7,350,000, so the asking price is AED 400,000 (5.4%) below OP. The remaining 20% (AED 1,470,000) is payable on handover, given as Q2 2027.

Property Highlights

• Asking price: AED 6,950,000
• Original purchase price (agent-stated): AED 7,350,000
• Saving versus OP: AED 400,000 (5.4%)
• Built-up area: 2,034 sq ft
• Rate: approximately AED 3,417 per sq ft
• Layout: 3 bedrooms plus maid's room
• Floor: 40+ (agent-stated)
• View: sunset sea view (agent-stated)
• Due on handover (agent-stated): 20%, AED 1,470,000
• Handover (agent-stated): Q2 2027

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 7,350,000, from the agent brief received on 14 October 2026. The asking price of AED 6,950,000 is AED 400,000 lower, equal to 5.4% of OP, matching the agent's stated AED 400,000 discount. Dividing the asking price by 2,034 sq ft gives about AED 3,417 per sq ft.

This comparison is with the seller's own purchase price only. It is not a claim that the unit is below current market value. Confirm the original price in the SPA before making an offer.

About the Project, Developer and Community

Bluewaters Bay is a two-tower residential development by Meraas, part of Dubai Holding Real Estate, on Bluewaters Island off Jumeirah Beach Residence. The towers are joined by a podium with retail and dining, and hold 678 apartments from one to four bedrooms, including penthouses. Published amenities include a landscaped promenade, an outdoor pool, children's play areas and barbecue facilities. Meraas awarded the main construction contract to China State Construction Engineering Corporation (Middle East) in January 2025.

Layout, Floor and View

The agent describes a 2,034 sq ft three-bedroom apartment with a maid's room, on floor 40 or above in Tower 1, facing the sea towards the sunset. The exact floor, bathroom count and parking have not been supplied. They should be confirmed from the SPA and floor plan.

Payment Plan and Handover

According to the agent, 20% of the original price, AED 1,470,000, remains payable on handover. That implies about AED 5,880,000 (80%) has already been paid. If the buyer takes over the handover payment, about AED 5,480,000 would be payable to the seller. These are indicative calculations; confirm the figures with Meraas's statement of account.

The agent gives handover as Q2 2027. When Meraas awarded the construction contract in January 2025, it announced completion for Q4 2027. Confirm the contractual handover date in the SPA.

Location and Connectivity

Bluewaters Island sits off the coast of Jumeirah Beach Residence and Dubai Marina, connected by road bridges and a pedestrian bridge to JBR. It is home to Ain Dubai and a waterfront retail and dining district. Exact travel times have not been verified for this listing.

Verification Notes

• Agent-supplied facts: tower, unit type, size, floor 40+, sunset sea view, 20% handover payment, Q2 2027 handover, asking price and original price.
• DPF-calculated figures: saving amount, saving percentage, price per sq ft, and indicative paid and seller amounts.
• External research: developer, tower configuration, unit count, unit mix, amenities, contractor and announced Q4 2027 completion, from the Dubai Media Office.
• Open point: handover date difference (Q2 2027 versus Q4 2027).
• Not supplied: exact floor, bathrooms, parking, unit number and service charge.