Bluewaters Bay construction progress
Bluewaters Bay in Dubai Marina is 37% built at the Land Department inspection of August 2026. Developer Dhre 2 Bts. Completion registered for March 2027.
37%
Built, at the Land Department site inspection of 25 August 2026
Running behind its date
- Completion date (Land Department)
- March 2027
- Finish at recent pace
- March 2029
- Construction started
- February 2023
- Registered with the Land Department
- December 2022
- Developer
- Dhre 2 Bts
- Community
- Dubai Marina
- Units
- 679
- Escrow bank
- Abu Dhabi Commercial Bank
- Name in Arabic
- بلوواترز باي
- Land Department project number
- 2530
- Land Department site inspections
- 11
Schedule
Between October 2025 and August 2026 the site added about 2.0 points a month. At that rate it would finish around March 2029, more than three months after the March 2027 date registered with the Land Department.
Site inspections
25 August 2026
37%+8.6 pts
27 April 2026
28%+6.1 pts
26 January 2026
22%+6.7 pts
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7 October 2025
16%+3.1 pts
7 July 2025
13%+2.1 pts
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18 April 2025
10%+3.0 pts
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16 January 2025
7.4%+5.4 pts
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23 September 2024
2.0%+0.2 pts
21 March 2024
1.9%+0.9 pts
9 August 2023
0.9%+0.9 pts
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Context
Dubai Marina has 13 projects under construction, 44% built on average.
Dhre 2 Bts has 11 projects under construction in Dubai, none past their registered completion dates.
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Notify me when it launchesQuestions
- When will Bluewaters Bay be completed?
- The completion date registered with the Dubai Land Department is March 2027. At the pace of its recent inspections the site would reach 100% around March 2029. Developers can apply to the Land Department to extend the date, so check the register before relying on it.
- How much of Bluewaters Bay is built?
- 37%, measured at the Land Department site inspection on 25 August 2026. The Land Department engineers have inspected the site 11 times since November 2022.
- Is Bluewaters Bay delayed?
- It is running behind. At the rate of the last year it would finish more than three months after its registered date of March 2027.
- Who is building Bluewaters Bay?
- The registered developer is Dhre 2 Bts. It has 10 other projects under construction in Dubai.
- Which bank holds the escrow account for Bluewaters Bay?
- Abu Dhabi Commercial Bank. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.
- Bulgari Lighthouse DubaiAlso by Dhre 2 Bts. 64%, Due March 2027.
- Design QuarterAlso by Dhre 2 Bts. 41%, Due February 2027.
- The AcresAlso by Dhre 2 Bts. 25%.
- The Acres 3 & EstatesAlso by Dhre 2 Bts. 15%, Due November 2027.
- Pier 8Nearby in Dubai Marina. 70%, Due March 2026, passed.
- Marina ShoresNearby in Dubai Marina. 87%, Due December 2026.
- Liv LuxNearby in Dubai Marina. 79%, Due December 2026.
- Aeternitas TowerNearby in Dubai Marina. 58%, Due December 2027.
- Off-plan handover in DubaiWhat happens between 100% and getting your keys.
- Snagging a new Dubai homeHow to inspect the unit before you accept it.
Progress, dates, developer, units and escrow bank come from the Dubai Land Department’s Mashrooi register, read daily. The pace and the projected finish are Mulki’s own arithmetic on the last year of Land Department inspections, not a forecast from the developer. Site photos belong to the Dubai Land Department. See how Mulki works with Land Department data.