Developer Deal
From
AED 1,560,000
Handover
Q2 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperEllington PropertiesView developer profile
The Watercrest
The Watercrest, District 11, Mohammed Bin Rashid City (MBR City), Dubai, UAE
DeveloperEllington PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q4 2027
Post Handover
—
Payment Plan
70%
30%
20% down
About The Watercrest
The Watercrest is a luxury gated community by Ellington Properties in MBR City. It features 3BR townhouses (mid-unit Alcove and corner-unit Arcadia) and 4BR standalone villas in The Riverine cluster. Each unit offers spacious layouts, floor-to-ceiling windows, a study, staff room, lift, powder room, terraces, and optional open/closed kitchens. Villas come with private pools. Residents enjoy immers…
Project documents
Brochures
Not available yet
Payment schedule
Main
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Mohammed Bin Rashid City
Median sale price/sqft
AED 1,986/sqft+17.7%
Median sale price
AED 3,100,000
Gross rental yield
4.2%
Median annual rent
AED 130,000
Median price/sqft over time
Dec 23Range AED 1,724 – AED 2,155Dec 24
Community activity
LiquidityStrongPrice momentumRising
2,020 sales and 1,981 rentals in the last 12 months
Off-plan vs ready
Off-plan 59.6%Ready 40.4%
Primary vs resale
Primary 59.6%Resale 40.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Starlight Park | 1 | 1,005 sqft | AED 1,308,901 | 1,302 |
| 2024-12-13 | District One West | 5 | 8,194 sqft | AED 20,120,800 | 2,455 |
| 2024-12-13 | The Beachfront | 6 | 13,233 sqft | AED 38,885,828 | 2,939 |
| 2024-12-13 | Residences 13 | 1 | 671 sqft | AED 1,750,000 | 2,608 |
| 2024-12-13 | Residences 13 | 1 | 671 sqft | AED 1,750,000 | 2,608 |
| 2024-12-13 | District One West | 5 | 8,754 sqft | AED 20,120,800 | 2,298 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for The Watercrest
Our team will send you the complete payment schedule, floor plans and current offer from Ellington Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about The Watercrest
- What is the handover date for The Watercrest?
- The Watercrest is scheduled for handover in Q4 2027.
- What is the starting price of The Watercrest?
- Prices start from AED 6,460,000. Contact our team for current availability.
- Who is the developer of The Watercrest?
- The Watercrest is being developed by Ellington Properties.
- Where is The Watercrest located?
- The Watercrest is located in The Watercrest, District 11, Mohammed Bin Rashid City (MBR City), Dubai, UAE.