Under constructionApartment

Meydan · Dubai

The Waterway

by Prestige One

52of 100
From
AED 1.14M
≈ $310K
Handover
Q2 2027
Homes
1 bed to 2 bed
592 – 2,382 sqft
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Price per sqft vs registered sales

Dubai Land Department open data

AED 1,920/sqft (est.)

The DLD median for apartments in Meydan is AED 2,396/sqft (as of 24 Sep 2026). This project's figure is our estimate from the starting price and the smallest unit, so it is not compared: the gap appears once the register shows this project's own sales or the developer states a price per sqft.

How the 52 was scored

5 of 7 factors · 85% of the weight · 24 Sep 2026
  • Price against what buyers actually paidAssessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planAssessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleNot assessed · weight 10
  • The basics on fileNot assessed · weight 5
Confidence: lowThe price figure is our estimate from the starting price and the smallest home, not a registered or stated price.

45 → 52 24 Sep 2026, price factorScored since 24 Sep 2026 · 1 change

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

Q2 2027

Under construction

What this means

The Waterway is due to hand over in Q2 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

20/45/35

Down payment
20%
During construction
45%
On handover
35%

One of 3 plans listed on Property Finder

What you’d pay and when

On the starting price of AED 1,136,822, as the plan splits it.

  1. 20% at bookingAED 227,364≈ $61.9K
  2. 45% during construction, until handover (Q2 2027)AED 511,570≈ $139K
  3. 35% on handover (Q2 2027)AED 397,888≈ $108K

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 1.14M

1 bed

592 – 1,336 sqft

2 bed

957 – 2,382 sqft

Apartment · Freehold

Full table
TypeBedroomsSize (sqft)PricePer sqft
Apartment1 bed592 – 1,336AED 1.14MAED 1,920
Apartment2 bed957 – 2,382AED 1.84MAED 1,920

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 Waterway. 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/prestige-one-developments/the-waterway), read 2026-09-24; found in the Dubai web sweep; 1 off-plan sales registered with the DLD in 2026 under "The Waterway by Prestige One". Launch date from Property Finder's sales start date.

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.

Read more

Prices start at AED 1,136,822 on a 20% booking, 45% during construction and 35% on handover plan, with handover listed for the second 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.

  • Prestige One apartment tower in Meydan
  • One and two-bedroom apartments from 592 sq ft
  • 20/45/35 payment plan
  • Handover Q2 2027
Developer
Prestige One
Area
Meydan
Status
Under construction
Sales launch
15 Nov 2024
Ownership
Freehold

Amenities

  • Leisure Lounge
  • Cafe and Restaurants
  • Gymnasium
  • Shared Pool
  • Children's Play Area
Open in the map

Meydan · Dubai

The district around Meydan Racecourse in Nad Al Sheba, apartment buildings and villa communities along the Ras Al Khor road.

The Waterway: questions buyers ask

How much does The Waterway cost?

Prices at The Waterway start from AED 1,136,822 and reach AED 3,665,000 (about $310K) for 1-bedroom and 2-bedroom homes. Asking prices come from the developer and change without notice.

What is the price per sqft at The Waterway?

The asking price is around AED 1,920 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 Waterway handover date?

The Waterway is expected to hand over in Q2 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 Waterway payment plan?

The Waterway is offered on a 20/45/35 plan: 20% on booking, 45% during construction and 35% at handover. Developers change plans between phases, so confirm yours before signing.

What is the Rendr Score of The Waterway?

The Waterway scores 52 of 100 on the Rendr Score, fair, as of 24 Sep 2026. The score weighs seven factors: the price against what buyers paid in Meydan according to DLD, the developer's record, the payment plan, location, resale, construction progress and the paperwork on file; 5 of the 7 are assessed here, 85% of the weight. Our opinion, not investment advice; every input is on this page.

Who is the developer of The Waterway?

The Waterway is being developed by Prestige One. It sits in Meydan, Dubai. You can see every project by Prestige One we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at The Waterway?

The Waterway 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 Waterway registered with DLD?

We do not yet hold a project registration number for The Waterway. 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
  1. Payment plan changed to 20/45/35

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/prestige-one-developments/the-waterway), read 2026-09-24; found in the Dubai web sweep; 1 off-plan sales registered with the DLD in 2026 under "The Waterway by Prestige One"

  2. Sales launch date set to 15 Nov 2024

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/prestige-one-developments/the-waterway), read 2026-09-24; found in the Dubai web sweep; 1 off-plan sales registered with the DLD in 2026 under "The Waterway by Prestige One"

  3. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/prestige-one-developments/the-waterway), read 2026-09-24; found in the Dubai web sweep; 1 off-plan sales registered with the DLD in 2026 under "The Waterway by Prestige One"

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