- Sold from21 sales, 12 months · DLD
- AED 6.43M≈ $1.75M
- Listed fromper propertyfinder.ae, 1 Oct 2026
- AED 8.1M
- Buyers paid vs DLD median
- +11%
Price, payment plan and homes
Price per DLD; listed price per propertyfinder.ae, 1 Oct 2026- Sold from
- AED 6.43M
- 21 sales, 12 months · DLDListed from AED 8.1M
- Bedrooms
- 3 bed to 4 bed
- 2,424 – 4,885 sqft · 84 units
- Payment plan
- 20/50/30
- AED 1.62M to book
- Handover
- Q3 2027
- 0% built per the DLD
Homes and floor plans
84 homes · FreeholdPick a home: the plan and the forecast follow it.
- 4 bedVilla4,449 – 4,885 sqftNot listed
Payment plan · 3-bed townhouse
On AED 8.1M- 20% at bookingAED 1.62M
- 50% during construction, until handover (Q3 2027)AED 4.05M
- 30% on handover (Q3 2027)AED 2.43M
Before the keys: AED 5.67M, 70% of the price.
Ellington Properties’ own file on propertyfinder.ae, checked 30 Sep 2026
Location · Mohammed Bin Rashid City · Dubai
The masterplan between Downtown and Al Khail Road holding District One, Sobha Hartland and the Meydan One lagoon district.
Forecast
What the 3-bed townhouse could be worth
More in Mohammed Bin Rashid City
Compare side by sideAll projects in Mohammed Bin Rashid City
The in-depth review
Why it scores 68
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 26 Sep 2026, the area 10 Nov 2026+11% above what buyers paid nearby
12 off-plan sales, last 6 months · middle half AED 2,735 – AED 3,211
Off-plan sales, last 6 months, in the register's Wadi Al Safa 3 and Meydan One districts, 87 registered sales in the area · middle half AED 1,553 – AED 3,052
Our estimate from the listed prices and unit sizes
Off-plan sales pace
2 a month
12 off-plan sales, last 6 months
How this is measured
Buyers paid a median of AED 3,005/sqft in this project (off-plan sales, last 6 months, 12 registered sales, as of 26 Sep 2026) against the DLD median of AED 2,716/sqft for villas and townhouses in Mohammed Bin Rashid City, as of 10 Nov 2026. DLD registers every sale in Dubai, and names the project on each. Both figures are sales of homes that were not built yet: this project's against its area's. Asking from AED 3,186/sqft (est.). Source: Dubai Land Department open data.
How the 68 was scored
8 of 8 factors · 100% of the weight · 10 Nov 2026- 01Price against what buyers actually paidAssessed · weight 25
- 02Developer track recordAssessed · weight 20
- 03Payment planAssessed · weight 10
- 04Location and infrastructureAssessed · weight 15
- 05How big the resale market isAssessed · weight 10
- 06Construction on scheduleAssessed · weight 15
- 07How much is still being built nearbyAssessed · weight 5
- 08The basics on fileAssessed · weight 0
How each factor was measured
Each factor with what it was measured on. Its score and the reasoning are in the full breakdown.
- Price against what buyers actually paid
- 12 registered off-plan sales here, against the median of 87 off-plan sales in Mohammed Bin Rashid City · DLD
- Developer track record
- Our rating, 15 delivered projects, how its 11 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 50% during construction · 30% on handover
- Location and infrastructure
- Our rating of Mohammed Bin Rashid City, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 25 resales of finished villas and townhouses in Mohammed Bin Rashid City this year · DLD
- Construction on schedule
- 0% built on the DLD register, handover Q3 2027
- How much is still being built nearby
- 1,703 homes sold in Mohammed Bin Rashid City this year, 54% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 12 registered sales, against 87 in the area; 12 is a small sample for one project and 87 in the area is a thin benchmark.
66 → 68 10 Nov 2026, resale, supply factorsScored since 26 Sep 2026 · 12 score changes
The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.
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The full breakdown behind the 68
Free for 90 days. One sign-up opens everything on the site: the breakdown behind all 1,673 scored projects, the figures and reasons behind the developers' ranking, and rent, a mortgage and fees in every forecast. Nothing to pay.
- The 27 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 26 Sep 2026 and why each move happened
- Rent, a mortgage and fees in the forecast, year by year
See what buyers paid at The Watercrest, and everything behind the 68.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction · 0% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in Mohammed Bin Rashid City: 11 more projects we list
Ellington Properties: 15 projects delivered in the last ten years, delay not measured, none cancelled.
The Watercrest is due to hand over in Q3 2027. Construction is 0% complete according to the DLD's projects file (data.dubai, loaded 2026-06-15) (15 Jun 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
DLD registration status
Verified 1 Oct 2026- Project registration3444
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from
Check it on dubailand.gov.ae. How to read the DLD register.
Figures from propertyfinder.ae, read 1 Oct 2026, last verified 1 Oct 2026. Construction figure from the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026. Launch date from Property Finder's sales start date.
Before you pay: four things to check
1The escrow account
We hold no escrow account number. Ask the developer for it, and check it on dubailand.gov.ae before paying.2The handover date
The listed date is Q3 2027. Ask for the date in the sales agreement.3Today's price list
AED 8,100,828 is a starting price from propertyfinder.ae, 1 Oct 2026. Ask for the unit's own price.4The instalment dates
20% at booking, 50% during construction, 30% at handover. Ask for each payment's date and amount.
About
The Watercrest is Ellington's villa community in Mohammed Bin Rashid City, Dubai, with three and four-bedroom villas from about 2,424 to 4,885 sq ft and three-bedroom townhouses from about 2,674 to 3,900 sq ft.
- Developer
- Ellington Properties
- Status
- Under construction
- Sales launch
- 31 Jan 2025
- Total units
- 84
- Ownership
- Freehold
Amenities
- Landscaped Gardens
- Gymnasium
- Restaurants
- Indoor Swimming Pool
- CCTV Security
- Barbecue Area
- Children's Play Area
What’s nearby
straight-line distance- School840 m
- Supermarket or mall1.4 km
- Beach2.7 km
- Hospital or clinic3.3 km
- Metro or tram stop4.0 km
The nearest of each on OpenStreetMap, Sep 2026.
The Watercrest: questions buyers ask
How much does The Watercrest cost?
Registered sales at The Watercrest start from AED 6,432,000 (about $1.75M): the cheapest tenth of 21 off-plan sales, Nov 2025–Jul 2026, per DLD. It is listed from AED 8,100,828, per propertyfinder.ae on 1 Oct 2026.
What is the price per sqft at The Watercrest?
Buyers paid a median of AED 3,005 per sqft at The Watercrest (off-plan sales, last 6 months, 12 registered sales).
When is The Watercrest handover date?
The Watercrest is expected to hand over in Q3 2027. The project is under construction, 0% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is The Watercrest payment plan?
The Watercrest is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover.
Is The Watercrest priced above or below what buyers paid nearby?
Buyers paid a median of AED 3,005 per sqft in The Watercrest (off-plan sales, last 6 months, 12 registered sales), which is 11% above the median of AED 2,716 per sqft that buyers actually paid for villas in Mohammed Bin Rashid City, across 87 sales registered with DLD.
What is the Rendr Score of The Watercrest?
The Watercrest scores 68 of 100 on the Rendr Score, good, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of The Watercrest?
The Watercrest is being developed by Ellington Properties. It sits in Mohammed Bin Rashid City, Dubai.
Is The Watercrest registered with DLD?
The Watercrest is registered with the Dubai Land Department (DLD) under number 3444. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 3 changes since, last 4 Oct 2026
Construction 0% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Payment plan stated: 20/50/30
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 31 Jan 2025
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026