Master Project · Transactions · 2023

Bluewaters Island Property Transactions 2023

858 property sales worth ⃃ 5B were registered in Bluewaters Island in 2023, 335.5% higher than 2022 by number of sales. The median sale price was ⃃ 5,013,500 and the median price per square foot ⃃ 3,738 (+8.6% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 858 salesUpdated: 18 Oct 2026
Property sales
858
+335.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 5B
+281.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 5,013,500
−16.4% vs 2022
858 sales
Median price per sq ft
⃃ 3,738
+8.6% vs 2022
858 sales

What types of property sold in Bluewaters Island in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments858100%⃃ 5B⃃ 5,013,500⃃ 3,738

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)67078.1%⃃ 3.5B⃃ 4,720,500⃃ 3,665
Resale (secondary)18821.9%⃃ 1.5B⃃ 7,125,000⃃ 4,380
Off-plan70081.6%⃃ 3.6B⃃ 4,684,000⃃ 3,667
Ready15818.4%⃃ 1.4B⃃ 7,475,000⃃ 4,520

How many rental contracts were registered in Bluewaters Island in 2023?

207 rental contracts (new and renewed) were registered in Bluewaters Island in 2023, at a median annual rent of ⃃ 423,361 (+41.1% on 2022). Rental yields in Bluewaters Island

What were the most expensive property sales in Bluewaters Island in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
12/06/2023Bluewaters Residences 75 beds · Apartment9,412 sq ft⃃ 80,000,000Resale · Ready
24/03/2023Bluewaters Bay - Building 15 beds · Apartment6,878 sq ft⃃ 51,903,000Primary · Off-plan
19/04/2023Bluewaters Bay - Building 25 beds · Apartment6,927 sq ft⃃ 42,438,000Primary · Off-plan
24/05/2023Bluewaters Residences 85 beds · Apartment9,415 sq ft⃃ 31,880,000Resale · Ready
20/06/2023Bluewaters Residences 44 beds · Apartment6,312 sq ft⃃ 25,550,000Resale · Ready
19/07/2023Bluewaters Residences 54 beds · Apartment6,312 sq ft⃃ 20,100,000Resale · Ready
29/05/2023Bluewaters Residences 14 beds · Apartment2,563 sq ft⃃ 19,400,000Resale · Ready
11/01/2023Bluewaters Residences 104 beds · Apartment2,530 sq ft⃃ 19,200,000Resale · Ready
17/03/2023Bluewaters Residences 14 beds · Apartment2,473 sq ft⃃ 19,100,000Resale · Ready
07/02/2023Bluewaters Residences 14 beds · Apartment2,473 sq ft⃃ 17,500,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Bluewaters Residences 41 bed · Apartment1,119 sq ft⃃ 5,100,000Resale · Ready
22/12/2023Bluewaters Bay - Building 11 bed · Apartment802 sq ft⃃ 3,220,000Resale · Off-plan
22/12/2023Bluewaters Residences 73 beds · Apartment2,108 sq ft⃃ 10,000,000Resale · Ready
21/12/2023Bluewaters Residences 51 bed · Apartment1,119 sq ft⃃ 5,000,000Resale · Ready
18/12/2023Bluewaters Bay - Building 11 bed · Apartment803 sq ft⃃ 296,300Resale · Off-plan
18/12/2023Bluewaters Bay - Building 23 beds · Apartment2,059 sq ft⃃ 6,800,000Resale · Off-plan
18/12/2023Bluewaters Residences 71 bed · Apartment1,095 sq ft⃃ 4,700,000Resale · Ready
15/12/2023Bluewaters Bay - Building 14 beds · Apartment2,899 sq ft⃃ 16,229,000Primary · Off-plan
14/12/2023Bluewaters Bay - Building 13 beds · Apartment2,043 sq ft⃃ 7,000,000Resale · Off-plan
14/12/2023Bluewaters Residences 33 beds · Apartment2,033 sq ft⃃ 12,500,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/bluewaters-island/2023
Bluewaters Island Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/bluewaters-island/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Bluewaters Island in 2023?
858 property sales worth ⃃ 4,976,123,884 were registered in Bluewaters Island in 2023. That is 335.5% higher than 2022.
What was the median property price in Bluewaters Island in 2023?
The median sale price was ⃃ 5,013,500 and the median price per square foot ⃃ 3,738 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Bluewaters Island were off-plan or from developers?
Developer (primary) sales were 78.1% of the 858 sales and resales 21.9%. Off-plan units made up 81.6% and ready units 18.4%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/bluewaters-island/2023