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The Watercrest

Ellington · MBR District 11 (Meydan South) · Dubai · United Arab Emirates

The Watercrest

Layouts published: 3 bedSold outUnder construction · 2% built

Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole. The developer has not published a live unit count for this project.

The essentials

Available now from
On request
Available up to
On request
Layouts on offer
On request
Available sizes
2,393 – 3,916 sqft (222 – 364 sqm)
Service charge
6 AED/sqftCharged once a year — about AED 14,357 on the smallest published layout, 2,393 sqft
Status
under construction
Construction started
June 2024
Build progress
2% complete
Furnishing
semi furnished
Handover
Q4 2027
Buildings releasing now
1
Escrow account
Registered

Payment plan

20 / 50 / 30
20%
50% during construction
30% on handover

Sold out

Every home here has been sold.

14 other projects are still selling in MBR District 11 (Meydan South).

Browse all off-plan projects

About this project

Ellington

Project general facts

The Watercrest is a thoughtfully designed residential community centered around a unique man-made oasis, where flowing water features create a tranquil and resort-like atmosphere. The masterplan combines triplex townhouses, fourplex townhouses, and villas, forming a diverse yet harmonious neighborhood. The architecture balances solid materials with expansive glass façades, allowing natural light to fill the interiors while maintaining a strong connection to the surrounding landscape and greenery.

The community offers a range of lifestyle amenities focused on relaxation, recreation, and connection with nature. At its heart, a winding waterway features shaded plunge pools, splash play areas, and serene spaces for both adults and children to enjoy. Landscaped surroundings, aromatic gardens, and outdoor leisure zones create a peaceful environment where residents can unwind, socialize, and experience a continuous sense of retreat within their everyday living.

The interiors are finished with premium materials, including marble flooring on the ground floor and staircases, and high-quality wood-look flooring on upper levels. The homes feature floor-to-ceiling glass panels, grand entrance doors with smart lock systems, elegant staircases, and fully fitted walk-in closets with en-suite bathrooms. The kitchens are fully equipped with high-end appliances, including built-in ovens, refrigerators, dishwashers, and premium fittings, complemented by high-quality cabinetry and countertops. The units are delivered unfurnished, allowing residents to personalize their living spaces.

Location description and benefits

Mohammed Bin Rashid City (MBR City) is a visionary and ambitious community designed to be a dynamic and sustainable urban development that embraces innovation, luxury, and a high quality of life. MBR City is also characterized by its extensive green spaces and beautifully landscaped parks. With a focus on sustainability and environmental conservation, the community incorporates vast stretches of parks, gardens, and waterfront promenades. Residents can enjoy leisurely walks, outdoor activities, and moments of tranquility in these serene and scenic surroundings.

The community of MBR City goes beyond residential offerings. It boasts world-class amenities and attractions that enrich the lives of residents and visitors alike. From state-of-the-art educational institutions and healthcare facilities to luxury hotels, shopping malls, and entertainment venues, MBR City provides a comprehensive range of services and experiences that cater to every need and desire.

MBR City is designed to foster a sense of community and engagement among its residents. The community hosts various cultural events, sports competitions, and recreational activities that bring people together, encouraging social interactions and creating a vibrant atmosphere. Additionally, the community features cycling tracks, jogging trails, and equestrian facilities, catering to individuals who appreciate an active and outdoor lifestyle.

Layouts

4

3 bed

3,916 sqft

364 sqm

AED 8,100,828 – AED 8,258,828

3,916 sqft

364 sqm

AED 8,100,828 – AED 8,146,828

2,435 sqft

226 sqm

AED 8,117,828

2,393 sqft

222 sqm

AED 7,538,828

Amenities

10

Lounge Area

Lakehouse

Private Pool

Creative Zone

Outdoor Kids Area

Open Lawn Area

River Club

Yoga Studio

Fitness Studio

Kids Play Area

What’s nearby

6
LLFPM School0.11
Silicon Central Mall7.3
Blossoms Park, Nad Al Sheba6.8
Mercato Beach22.5
Dubai International Airport20.8
Downtown Dubai15.2

Good to know

Straight answers from the developer's published terms, checked 8 Oct 2026.

What is the payment plan for The Watercrest?

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Payment Plan: 20% on booking, 50% during construction and 30% on handover.

When does The Watercrest hand over?

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Handover is scheduled for Q4 2027. Construction is 2.2% complete.

How much does each bedroom size cost at The Watercrest?

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Published starting prices by layout are 3 bed from AED 7,538,828. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.

Who is the developer of The Watercrest?

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The Watercrest is developed by Ellington in MBR District 11 (Meydan South) · Dubai · United Arab Emirates.

What is the service charge at The Watercrest?

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The published service charge at The Watercrest is 6 AED/sqft, billed once a year. On the smallest published layout, 2,393 sqft, that is roughly AED 14,357 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. In Dubai the annual budget behind the charge is filed with the Mollak system, so the figure is reviewed each year once the building is occupied. Checked 8 Oct 2026.

Is my money protected when buying off-plan at The Watercrest?

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Ellington has registered an escrow account for The Watercrest. In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. We do not publish the account number — your sale agreement and the developer’s own payment instructions carry it.

How the money actually moves — escrow, the 70/30 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.

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