- Sold from5 sales, 12 months · DLD; cheapest: all 1-beds
- AED 1.94M≈ $528K
- Buyers paid vs DLD median
- −29%
Price, payment plan and homes
Price per DLD- Sold from
- AED 1.94M
- 5 sales, 12 months · DLD; cheapest: all 1-beds
- Bedrooms
- 1 bed to 2 bed
- 592 – 2,382 sqft · 115 units
- Payment plan
- 20/45/35
- Handover
- Q2 2027
- 1% built per the DLD
Homes and floor plans
115 homes · Freehold
Payment plan
- 20% down payment
- 45% during construction
- 35% on handover
One of 3 plans listed on Property Finder
Prestige One’s own file on propertyfinder.ae, checked 30 Sep 2026
Location · Meydan · Dubai
The district around Meydan Racecourse in Nad Al Sheba, apartment buildings and villa communities along the Ras Al Khor road.
More in Meydan
Compare side by sideAll projects in Meydan
The in-depth review
Why it scores 64
Price per sqft vs registered sales
Dubai Land Department open data · this project as of 2 Oct 2026, the area 10 Nov 2026−29% below what buyers paid nearby
10 off-plan sales, last 12 months
Off-plan sales, last 6 months, in the register's Meydan Avenue district, 512 registered sales in the area · middle half AED 2,197 – AED 2,617
Off-plan sales pace
0.4 a month
5 off-plan sales, last 12 months
How this is measured
Buyers paid a median of AED 1,681/sqft in this project (off-plan sales, last 12 months, 10 registered sales, as of 2 Oct 2026) against the DLD median of AED 2,385/sqft for apartments in Meydan, 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. Source: Dubai Land Department open data.
How the 64 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
- 10 registered off-plan sales here, against the median of 512 off-plan sales in Meydan · DLD
- Developer track record
- Our rating, 2 delivered projects, how its 2 finished buildings resell and who stands behind it
- Payment plan
- 20% down · 45% during construction · 35% on handover
- Location and infrastructure
- Our rating of Meydan, and 5 kinds of places measured from the pin · OpenStreetMap
- How big the resale market is
- 101 resales of finished apartments in Meydan this year · DLD
- Construction on schedule
- 1% built on the DLD register, handover Q2 2027
- How much is still being built nearby
- 1,112 homes sold in Meydan this year, 91% off-plan · DLD
- The basics on file
- Registration or escrow number on file · DLD
Confidence medium: what buyers paid here is a median of 10 registered sales, against 512 in the area; 10 is a small sample for one project.
63 → 64 2 Nov 2026, developer record, resale, supply factorsScored since 24 Sep 2026 · 7 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.
Share this score
Show this score on your site
Paste this where the badge should appear. It links back here and updates when the Rendr Score does.
Score card · Change card (1080 × 1350, for posting).
Free · 90 days · the whole site
The full breakdown behind the 64
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 5 registered sales here: date, size and price paid
- All 8 factor scores, with the figure and source behind each
- Score history since 24 Sep 2026 and why each move happened
See what buyers paid at The Waterway, and everything behind the 64.
- Projects scored
- 1,673
- projects scored
- Factors
- 8
- factors, formula public
- Registers
- ADREC · DLD
- registered sales, not asking prices
Handover date
Q2 2027
Under construction · 0.53% built, the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
What this means
Also due in 2027 in Meydan: 11 more projects we list
Prestige One: 2 projects delivered in the last ten years, typically 13 months late, none cancelled.
The Waterway is due to hand over in Q2 2027. Construction is 0.53% 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 22 Oct 2026- Project registration3198
- 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 22 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 Q2 2027. Ask for the date in the sales agreement.3Today's price list
No price is published. Ask for the current price list.4The instalment dates
20% at booking, 45% during construction, 35% at handover. Ask for each payment's date and amount.
About
The Waterway is Prestige One's apartment tower in Meydan, Dubai, with one and two-bedroom apartments from about 592 to 2,382 sq ft.
- Developer
- Prestige One
- Area
- Meydan
- Status
- Under construction
- Sales launch
- 15 Nov 2024
- Total units
- 115
- Storeys
- 17
- Ownership
- Freehold
Amenities
- Leisure Lounge
- Cafe and Restaurants
- Gymnasium
- Shared Pool
- Children's Play Area
What’s nearby
straight-line distance- Supermarket or mall650 m
- Beach1.6 km
- School1.9 km
- Hospital or clinic1.9 km
- Metro or tram stop3.6 km
The nearest of each on OpenStreetMap, Sep 2026.
The Waterway: questions buyers ask
How much does The Waterway cost?
Registered sales at The Waterway start from AED 1,938,000 (about $528K): the cheapest tenth of 5 off-plan sales (all 1-beds), Nov 2025–Feb 2026, per DLD.
What is the price per sqft at The Waterway?
Buyers paid a median of AED 1,681 per sqft at The Waterway (off-plan sales, last 12 months, 10 registered sales).
When is The Waterway handover date?
The Waterway is expected to hand over in Q2 2027. The project is under construction, 0.53% built according to the DLD's projects file (data.dubai, loaded 2026-06-15).
What is The Waterway payment plan?
The Waterway is offered on a 20/45/35 plan: 20% on booking, 45% during construction and 35% at handover.
Is The Waterway priced above or below what buyers paid nearby?
Buyers paid a median of AED 1,681 per sqft in The Waterway (off-plan sales, last 12 months, 10 registered sales), which is 29% below the median of AED 2,385 per sqft that buyers actually paid for apartments in Meydan, across 512 sales registered with DLD.
What is the Rendr Score of The Waterway?
The Waterway scores 64 of 100 on the Rendr Score, fair, as of 10 Nov 2026; 8 of its 8 factors are assessed, 100% of the weight.
Who is the developer of The Waterway?
The Waterway is being developed by Prestige One. It sits in Meydan, Dubai.
Is The Waterway registered with DLD?
The Waterway is registered with the Dubai Land Department (DLD) under number 3198. Check it at dubailand.gov.ae before you pay.
Changes
Listed 24 Sep 2026 · 3 changes, 1 correction since, last 22 Oct 2026
Starting price corrected to Price on request (was listed as AED 1.14M)
Source: propertyfinder.ae, read 1 Oct 2026
Construction 0.53% complete
Source: the DLD's projects file (data.dubai, loaded 2026-06-15), 15 Jun 2026
Payment plan stated: 20/45/35
Source: propertyfinder.ae, read 24 Sep 2026
Sales launch date set to 15 Nov 2024
Source: Property Finder's sales start date
Listed on the site
Source: propertyfinder.ae, read 24 Sep 2026