Meraas waives fees for Bluewaters residences

Mid-rise apartments to be delivered in Q3

Bargain hunters could find good deals at a two-day sales event for premium residences at Bluewaters. Developer Meraas said it will cover the 4 per cent Oqood fee and offer a flexible payment plan to homebuyers at the event on Saturday and Sunday at the Yacht Club at Bulgari Resort & Residences Dubai on Jumeira Bay.

The first of the 10 mid-rise apartment buildings on the island are expected to be handed over in the third quarter. Meraas said Bluewaters has already attracted an eclectic mix of buyers from 33 countries and five continents.

“Bluewaters blends the tranquillity of island life with the vibrancy of an urban neighbourhood,” said Rashid Al Sharif, chief sales officer of Meraas. “The elegant residences at Bluewaters are located next to Ain Dubai, the tallest and largest observation wheel in the world, and our invitation is for families to come and join an open and dynamic international community in one of the most picturesque places in the city.”

Al Sharif said the residential prices start from Dh1.9 million. Blueisland has 698 one- to four-bedroom apartments, four penthouses and 17 town houses. Apart from Ain Dubai, Bluewaters will also have 200 retail and dining outlets, two luxury hotels and other leisure and entertainment activities.

The island can be reached directly form Shaikh Zayed Road and through a driverless Group Rapid Transit system to and from the Dubai Metro network. It is also connected by a 265m pedestrian bridge to The Beach.

Originally published in

Photo credit:

Looking to invest a off-plan property in Dubai? Up to 50% LTV available. Send in your enquiry or call 800 MORTGAGE now!

Posted in: