MERAAS, a member of Dubai Holding Real Estate, has awarded a construction contract worth more than AED1 billion ($272.2 million) to China State Construction Engineering Corporation (Middle East) for the construction of Bluewaters Bay.

 A key waterfront destination in Dubai, Bluewaters Bay will feature two residential towers linked by a dynamic podium, offering 678 apartments, ranging from one to four bedrooms, including penthouses.  The development will also host retail and F&B outlets on the podium level, complemented by amenities such as a landscaped promenade, an outdoor pool, a children’s play area and barbecue facilities. The project is due for completion in Q4 2027, it stated.

On the contract award, Dubai Holding Real Estate CEO Khalid Al Malik, said: “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.”

“This project reflects our commitment to crafting exceptional waterfront communities that elevate Dubai’s dynamic urban landscape. 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,” stated Al Malik.

 Tian Sanchuan, President of China State Construction Engineering Corporation (Middle East), said: “We are proud to collaborate with Dubai Holding Real Estate on the construction of Meraas’ prestigious Bluewaters Bay project. This partnership underscores our dedication to delivering world-class developments with precision and innovation.”

Bluewaters Bay integrates with Dubai’s vibrant waterfront, extending the allure of Marina Walk and the Bluewaters boardwalk. Residents will enjoy a wealth of amenities, including dining venues, retail outlets and a serene outdoor pool.