- From
- AED 8.1M
- ≈ $2.21M
- Handover
- Q3 2027
- Homes
- 3 bed to 4 bed
- 2,424 – 4,885 sqft
Price per sqft vs registered sales
AED 3,029/sqft (est.)
The DLD median for Mohammed Bin Rashid City is not loaded yet; the gap appears as soon as it is.
Estimated from the starting price and the smallest unit; the developer has not stated a figure.
Not yet assessed
3 of 7 factors · 50% of the weight · 24 Sep 202650% of the weight is assessed; a score appears once 60% is. The factors below show what is still missing. Our opinion, not investment advice.
- Price against what buyers actually paidNot assessed · weight 25
- Developer track recordAssessed · weight 20
- Payment planAssessed · weight 15
- Location and infrastructureAssessed · weight 15
- How easy it is to sell laterNot assessed · weight 10
- Construction on scheduleNot assessed · weight 10
- The basics on fileNot assessed · weight 5
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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- Projects covered
- 1,540
- projects covered
- Factors
- 7
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q3 2027
Under construction
What this means
The Watercrest is due to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.
Payment plan
20/50/30
- Down payment
- 20%
- During construction
- 50%
- On handover
- 30%
What you’d pay and when
On the starting price of AED 8,100,828, as the plan splits it.
- 20% at bookingAED 1,620,166≈ $441K
- 50% during construction, until handover (Q3 2027)AED 4,050,414≈ $1.1M
- 30% on handover (Q3 2027)AED 2,430,248≈ $662K
A unit’s own price, its instalment dates and any fees are in the developer’s sales agreement; confirm them there before paying anything.
Unit types
from AED 8.1M3 bed
2,424 – 3,900 sqft
4 bed
4,449 – 4,885 sqft
Villa, Townhouse · Freehold
Full table
| Type | Bedrooms | Size (sqft) | Price | Per sqft |
|---|---|---|---|---|
| Townhouse | 3 bed | 2,674 – 3,900 | AED 8.1M | AED 3,029 |
| Villa | 3 bed | 2,424 – 2,497 | AED 8.1M | AED 3,342 |
| Villa | 4 bed | 4,449 – 4,885 | — | — |
DLD registration status
- Project registrationNot published yet
- Escrow accountNot published yet
- Developer licenceNot published yet
Where the figures come from, and what escrow means
We do not yet hold a DLD project registration number for The Watercrest. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Dubai Land Department (DLD) on dubailand.gov.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the DLD register.
Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/the-watercrest), read 2026-09-24; found in the Dubai web sweep; 20 off-plan sales registered with the DLD in 2026 under "THE WATERCREST BY ELLINGTON". Launch date from Property Finder's sales start date.
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.
Read more
Prices start at AED 8,100,828 on a 20% booking, 50% during construction and 30% on handover plan, with handover listed for the third quarter of 2027.
The figures here are the starting price and plan as published for the project. Confirm the price, unit availability and service charge with the developer before committing.
- Ellington villa community in Mohammed Bin Rashid City
- Three and four-bedroom villas from 2,424 sq ft and townhouses
- 20/50/30 payment plan
- Handover Q3 2027
- Developer
- Ellington Properties
- Status
- Under construction
- Sales launch
- 31 Jan 2025
- Ownership
- Freehold
Amenities
- Landscaped Gardens
- Gymnasium
- Restaurants
- Indoor Swimming Pool
- CCTV Security
- Barbecue Area
- Children's Play Area
Mohammed Bin Rashid City · Dubai
The masterplan between Downtown and Al Khail Road holding District One, Sobha Hartland and the Meydan One lagoon district.
More in Mohammed Bin Rashid City
Compare side by sideAll projects in Mohammed Bin Rashid CityThe Watercrest: questions buyers ask
How much does The Watercrest cost?
Prices at The Watercrest start from AED 8,100,828 and reach AED 8,258,828 (about $2.21M) for 3-bedroom and 4-bedroom homes. Asking prices come from the developer and change without notice.
What is the price per sqft at The Watercrest?
The asking price is around AED 3,029 per sqft, our estimate from the starting price and the unit sizes rather than a figure the developer has stated. Per-sqft prices vary by floor, view and finish within one building.
When is the The Watercrest handover date?
The Watercrest is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
What is the The Watercrest payment plan?
The Watercrest is offered on a 20/50/30 plan: 20% on booking, 50% during construction and 30% at handover. Developers change plans between phases, so confirm yours before signing.
Who is the developer of The Watercrest?
The Watercrest is being developed by Ellington Properties. It sits in Mohammed Bin Rashid City, Dubai. You can see every project by Ellington Properties we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at The Watercrest?
The Watercrest is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Dubai sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is The Watercrest registered with DLD?
We do not yet hold a project registration number for The Watercrest. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 2 changes since, last 24 Sep 2026
Payment plan changed to 20/50/30
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/the-watercrest), read 2026-09-24; found in the Dubai web sweep; 20 off-plan sales registered with the DLD in 2026 under "THE WATERCREST BY ELLINGTON"
Sales launch date set to 31 Jan 2025
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/the-watercrest), read 2026-09-24; found in the Dubai web sweep; 20 off-plan sales registered with the DLD in 2026 under "THE WATERCREST BY ELLINGTON"
Listed on the site
Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/ellington/the-watercrest), read 2026-09-24; found in the Dubai web sweep; 20 off-plan sales registered with the DLD in 2026 under "THE WATERCREST BY ELLINGTON"
Still weighing The Watercrest?
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