Meraas awards over Dhs1bn construction deal for Bluewaters Bay

Meraas, a subsidiary of Dubai Holding Real Estate, has taken a significant step towards transforming Dubai’s waterfront landscape with a key construction contract worth over Dhs1bn.

Awarded to the China State Construction Engineering Corporation (Middle East), the deal will bring the highly anticipated Bluewaters Bay project to life, with completion slated for Q4 2027.

Bluewaters Bay, designed to be a standout residential destination, will feature two luxurious residential towers connected by a dynamic podium.

Highlights of Bluewaters Bay

The development will offer 678 apartments, with one to four-bedroom options, including penthouses. In addition to the residential spaces, Bluewaters Bay will host a variety of retail and food and beverage outlets on the podium level, promising a vibrant lifestyle offering.

Key amenities will include a landscaped promenade, an outdoor pool, a children’s play area, and BBQ facilities — ideal for residents seeking a sophisticated yet relaxed living environment.

Khalid Al Malik, CEO of Dubai Holding Real Estate, emphasised the strategic importance of the project in shaping Dubai’s waterfront future. “Bluewaters Bay is nestled in a prime location within one of Dubai’s most sought-after waterfront destinations. Positioned at the gateway to Bluewaters, residents will enjoy unparalleled access to world-class entertainment such as Ain Dubai, pristine beaches, and a curated selection of retail and dining experiences,” he said.

Al Malik went on to highlight the project’s reflection of Dubai Holding’s commitment to crafting exceptional waterfront communities that elevate the city’s dynamic urban fabric. “We are confident that China State Construction Engineering Corporation’s expertise will bring this vision to life, creating a destination that residents and visitors will cherish.”

For their part, Tian Sanchuan, president of China State Construction Engineering Corporation (Middle East), expressed pride in the partnership. “We are proud to collaborate with Dubai Holding Real Estate on the construction of Meraas’ prestigious Bluewaters Bay project,” he said.

“This partnership underscores our dedication to delivering world-class developments with precision and innovation. We look forward to leveraging our expertise to deliver this visionary destination and set new standards for quality and excellence,” he said.

Prime location

Bluewaters Bay’s integration with Dubai’s vibrant waterfront is poised to further extend the appeal of both Marina Walk and the Bluewaters boardwalk. The development is designed to offer residents not just a home, but a lifestyle, with sophisticated dining venues, exciting retail outlets, and abundant outdoor spaces.

The project’s prime location within walking distance of Jumeirah Beach Residence (JBR) and just a short drive from Al Maktoum International Airport further enhances its appeal.

Access is streamlined with two main vehicle entry points, including a convenient bridge ramp from the Bluewaters bridge to Podium 3.

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