The Watercrest
The Watercrest Offered by Buy Dubai Off-Plan
The Watercrest

The Watercrest

by Ellington Properties in Mohammed Bin Rashid City View on map Handover soon

Starting price
AED 6,000,000
Payment plan
70/30
Handover
Q2 2027

≈ € 1,440,000

Project details

Starting price AED 6,000,000 ≈ € 1,440,000 What will my monthly payments be?
Payment plan 70/30 70% during construction, 30% at handover
Handover Q2 2027 Handover soon
Bedrooms 34
Property type
Villa, Townhouse
Floor area
333 to 413 m²
Project brochure
Free, with no obligation

The The Watercrest brochure

Download the brochure for The Watercrest van Ellington Properties in Mohd Bin Rashid City for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About The Watercrest

  • Exclusive 3-bedroom townhouses and 4-bedroom waterfront villas

  • Prestigious location in Mohammed Bin Rashid City with excellent transport links

  • Three unique collections: The Riverine, The Alcove and The Arcadia

  • Luxury community amenities including swimming pools, fitness studios and an outdoor cinema

  • Completion in Q2 2027 with a flexible payment plan

The Watercrest at Mohammed Bin Rashid City: Luxury homes by Ellington Properties

The Watercrest in Mohammed Bin Rashid City is a prestigious new development by Ellington Properties, a developer with an excellent reputation for quality and design. This exclusive residential community offers a unique blend of luxury and tranquillity, surrounded by water features and green elements. The project consists of three distinct collections: The Riverine, The Alcove and The Arcadia, each with its own style and character. The residences range from spacious three-bedroom townhouses to generous four-bedroom villas, all featuring high-quality finishes and modern amenities. The location in MBR City guarantees not only a serene living environment but also excellent connections to the rest of Dubai. With a completion date in the second quarter of 2027, this is an ideal opportunity for those seeking a future home or investment in one of the city’s most sought-after locations.

Residences and Types

The Watercrest offers a diverse range of residences, perfectly tailored to different lifestyles. The 3-bedroom townhouses and 4-bedroom villas have areas between 333.06 and 413.33 m2, ensuring a suitable option for every family. The Riverine collection comprises 31 villas with double living rooms and large windows that maximise natural light. The Alcove consists of 25 mid-unit townhouses, designed for peace and comfort with options for open or closed kitchens. Finally, The Arcadia includes 28 corner homes with natural light wells and an open layout for a sense of space. All residences are fitted with high-quality materials and finishes, from the flooring to the kitchen appliances. The combination of functionality and aesthetics makes these homes particularly attractive to families and investors seeking quality and durability.

About the developer Ellington Properties and the The Watercrest design

Ellington Properties is known for its attention to detail and innovative architecture, and The Watercrest is a perfect example of this. The project’s design combines modern aesthetics with natural elements, resulting in a harmonious living environment. The facades feature carefully selected colours that complement the surroundings, while the interior areas are fitted with high-quality materials that are both stylish and sustainable. The developer has also paid considerable attention to the communal facilities, including a river club with swimming pools, an outdoor cinema and various lounge areas. All of this contributes to a sense of community and comfort. Ellington Properties has a proven track record in Dubai, which guarantees timely completion and a home that meets the highest standards. This project is therefore an excellent choice for those who value quality and reliability.

Prime location in Mohammed Bin Rashid City near key Dubai destinations

Mohammed Bin Rashid City is one of Dubai’s most sought-after residential areas, and The Watercrest benefits from this prime location. The neighbourhood offers not only peace and space but also excellent connections to key destinations such as Downtown Dubai, Dubai International Airport and the Expo 2020 site. The project itself is surrounded by water features and green zones, creating a serene atmosphere. The proximity to top facilities such as schools, shopping malls and medical facilities makes it an ideal place for families. In addition, there are numerous recreational opportunities, from waterside walking paths to exclusive dining establishments. The combination of nature and urban convenience makes this location unique in Dubai. Whether you are looking for a permanent home or an investment, The Watercrest offers everything you need for a comfortable and luxurious life.

Flexible payment plan for The Watercrest homes

The payment plan for The Watercrest is flexible and investor-friendly, with 70% of the purchase price spread across the construction period and the remaining 30% due upon completion. This makes it financially feasible to invest early in this prestigious project. The phased payments ensure balanced cash flow, which is particularly attractive to buyers looking to spread their investment. We are ready to guide you through the entire process, from the initial payment to the final handover. It is important to know that no direct contact with the developer is required; we handle everything for you. With a completion date in Q2 2027, you also have ample time to plan your finances. Whether you are seeking a home for personal use or as an investment, this payment plan offers the flexibility and security you need.

Amenities

Payment plan for The Watercrest

70%30%
70%
During construction, in instalments
AED 4,200,000
≈ € 1,008,000
30%
After handover
AED 1,800,000
≈ € 432,000

Monthly payments and your own funds

How much do you need for The Watercrest, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 9,108

≈ € 2,190 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 4,200,000≈ € 1,008,000
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 1,800,000≈ € 432,000
Purchase costs4% DLD fee and mortgage costs
AED 263,370≈ € 63,200
Total funds required
AED 4,463,370≈ € 1,071,200
Request finance guidance for The Watercrest
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of The Watercrest

Location

Mohd Bin Rashid City, Dubai
Open in Google Maps

About Ellington Properties

Ellington is a leading developer in Dubai, specialising in off-plan property projects that focus on quality and innovation. On this page, you will find a complete overview of all current and future projects by Ellington. Whether you are looking for a luxury apartment in a vibrant neighbourhood or a quiet villa in an exclusive community, Ellington offers diverse options. Their projects vary in size, from compact 45 m2 studios to spacious 250 m2 penthouse suites. Prices start from AED 1,200,000, with payment plans tailored to investors. By choosing an off-plan project from Ellington, you are investing in a developer with a proven track record and a clear future perspective.

Since its founding, Ellington has developed into one of the most reliable property developers in Dubai. With a focus on sustainability and aesthetics, the company has delivered several iconic projects, such as the well-known residential tower "The Sterling" in Dubai Marina. The developer has won several awards, including the Arabian Property Award for Best Residential Development. What sets Ellington apart is its long-term vision: projects are not just built for immediate returns, but with an eye for long-term value development. Thanks to its experience and expertise, Ellington knows exactly what investors and residents look for in a home, which is reflected in every new off-plan project.

All projects by Ellington Properties

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.