Bluewaters Residences Building 5, Bluewaters Island

Bluewaters Island, Dubai

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Strengths

Prime Location

Modern Amenities

Spacious Layouts

Weakens

High Maintenance Costs

Limited Parking

Construction Disruptions

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Strengths

Prime Location

Situated on Bluewaters Island, it offers stunning views and proximity to attractions.

Modern Amenities

Equipped with state-of-the-art facilities including a pool, gym, and communal areas.

Spacious Layouts

The units feature open floor plans that maximize natural light and comfort.

Weaknesses

High Maintenance Costs

Residents may face higher-than-average maintenance fees which can be a burden.

Limited Parking

Parking availability is restricted, making it challenging for residents with multiple vehicles.

Construction Disruptions

Proximity to ongoing development projects may lead to noise and access issues.

Considerations

Community Atmosphere

Potential residents should assess the social environment and sense of community.

Accessibility

Consider the ease of access to public transport and major roadways for commuting.

Investment Value

Evaluate the property’s long-term appreciation potential in the high-demand Bluewaters location.

Buildign Overview

Summary

Bluewaters Residences Building 5 is a stunning addition to the Bluewaters Island development, offering a luxurious waterfront lifestyle.
Situated near the iconic Ain Dubai observation wheel, this building boasts breathtaking views and proximity to top-notch facilities.
Residents benefit from easy access to various local amenities, including vibrant shopping destinations and fine dining options.
With modern architectural design, this building stands out among other residential buildings in the area.

Properties Overview

The building features a variety of residential units, including spacious apartments ideal for families and stylish studios for singles.
Properties within Bluewaters Residences Building 5 are popular for both rentals and sales, with competitive pricing.
Average rental prices in the building range from AED 120,000 to AED 200,000 annually, while sales prices can vary significantly based on unit size.

Market Trends

The recent market analysis indicates a steady increase in rental demand, reflecting a trend towards sought-after waterfront living.
Buyers are currently experiencing a favorable ROI, with average returns reaching around 6-8% annually.
The property market on Bluewaters Island has shown resilience, and experts predict a continued growth trajectory in the coming years.

Living and Investing in the Building

Amenities, Schools, and Healthcare

Residents have access to essential services, including supermarkets, schools, and healthcare facilities nearby.
Prominent educational institutions and hospitals are within a close radius, ensuring convenience for families.

Transportation and Accessibility

The building is well-connected via public transport routes including buses and water taxis, facilitating easy accessibility to Dubai's city center.
Parking spaces are available for residents, accommodating multiple vehicles.

Lifestyle Amenities

On-site amenities include state-of-the-art gyms, swimming pools, and beautifully landscaped gardens.
A variety of restaurants and leisure facilities, alongside outdoor areas for activities, contribute to a vibrant lifestyle.

Builing Facilities

The building is equipped with high-speed elevators, round-the-clock security services, and central air conditioning.
Maintenance services ensure that residents enjoy hassle-free living.

Special Services

Residents can take advantage of concierge services, guest accommodations, and exclusive business center resources.
Special events and community gatherings are organized to foster a strong neighborhood bond.

Planning Your Move or Investment

Floor Plans and Property Types

Bluewaters Residences Building 5 offers a selection of floor plans, catering to diverse living needs and preferences, from cozy one-bedroom apartments to spacious three-bedroom units.

Things to Consider

Prospective tenants and buyers should evaluate factors such as budget, lifestyle preferences, and long-term investment potential.
Consider proximity to work and the overall community environment when making a decision.

Useful FAQs and Support

Events and Building Life

Building Events

Regular community events, social gatherings, and holiday celebrations are organized, enhancing resident interaction and community spirit.

Community Identity

Bluewaters Residences Building 5 is distinguished by its contemporary design and prime location, embodying a modern yet relaxed coastal lifestyle.
The unique blend of vibrant culture and serene waterfront access makes it a desirable place to call home.

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Detailed Buiding Insights

1. Family Friendliness

This community offers spacious apartments and family-oriented amenities such as children's play areas and pools, making it ideal for families.

Exceptionally Welcoming

2. Living Options

The residences feature a variety of unit types, from 1-bedroom to larger family apartments, catering to diverse housing needs.

Broadly Diverse

3. Safety And Security

The building has a high level of security, including 24/7 surveillance, secure access points, and a well-trained security team.

Remarkably Secure

4. Transportation

While the area is served by public transport, residents may find a car useful due to the distance from major public transit hubs.

Moderately Convenient

5. Amenities And Facilities

The residences come with a wide range of facilities, including a gym, swimming pool, and community areas that enhance livability.

Richly Equipped

6. Cost Of Living

Although prices can be higher due to prime location and amenities, the overall cost of living remains competitive for the quality offered.

Relatively Balanced

7. Things To Do

The nearby attractions, including shopping, dining, and recreational activities, provide residents with numerous leisure options.

Vibrantly Diverse

8. Noise Levels

Despite being located near popular attractions, the building is designed for sound insulation, which contributes to a quieter living environment.

Generally Peaceful

9. Pet Friendliness

The community welcomes pets, offering pet-friendly facilities and nearby parks for outdoor activities with pets.

Warmly Accommodating

Schools

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Key Information

Developer: Meraas Holdings

Building Type: Residential

Building Age: 6 years(completed in 2018)

Unit Types : 1, 2, 3 and 4-bedroom apartments

Community Insights

Mostly apartments | Luxury | Well connected

Lowest: 135K - 260K AED/year

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