Meraas awards AED 1 billion construction contract for Bluewaters Bay

Meraas, part of Dubai Holding Real Estate, has awarded a construction contract worth over AED 1 billion to China State Construction Engineering Corporation (Middle East) for its Bluewaters Bay project.

With strong demand for the development, this milestone paves the way for the creation of a new iconic waterfront destination in Dubai, set to be completed by Q4 2027.

Bluewaters Bay will feature two residential towers connected by a dynamic podium, offering 678 apartments, including one to four-bedroom units and penthouses.

The development will also include retail and dining outlets, along with top-tier amenities like a landscaped promenade, outdoor pool, children's play area, and barbecue facilities.

Khalid Al Malik, CEO of Dubai Holding Real Estate, expressed confidence that China State Construction’s expertise will help bring the project to life, creating a vibrant destination for both residents and visitors.

Meraas, a member of Dubai Holding Real Estate
awards construction contract for Bluewaters Bay

Valued over
AED 1 billion

Completion
Q4 2027

Features
Two residential towers

Offering
678 apartments

Located at the waterfront destination at the gateway to Bluewaters pic.twitter.com/E4ctEVOg70

— Dubai Media Office (@DXBMediaOffice) January 27, 2025