
The Watercrest is a magnificent residential development from the developer Ellington, designed for discerning families who want to live in a quiet location, away from the hustle and bustle of the city. The complex offers sophisticated villas and townhouses with four and three bedrooms, respectively. The villas have spacious double-height living and dining areas, while the townhouses feature modern design and excellent sound insulation, providing a peaceful living environment. Three-bedroom corner townhouses have dormer windows that let in natural light and warmth, creating a cozy atmosphere. The Watercrest offers many amenities that will make your stay as comfortable as possible. There is an outdoor lawn, playgrounds for children, a lake house, a recreation area and a creative area. The Watercrest also has a pool for children and adults, a sun lounger area and a quiet walking path. The complex is conveniently located in MRB City. It has excellent transport links to various areas of Dubai such as Academic City (11 minutes), Dubai International Airport (16 minutes), Business Bay and Dubai Hills Mall (18 minutes), Burj Khalifa / Dubai Mall (20 minutes), Jumeirah Beach, Dubai Hills Golf Club and Al Maktoum International Airport (22 minutes).
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| The Watercrest launch basis | 12,778 | AED 11.50M | Current launch / asking basis |
| MBR District 11 ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| MBR District 11 premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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MBR District 11
The Watercrest by Ellington Properties
Located in MBR District 11
Starting from AED 11,500,000
Unit mix includes 4 BR, Villa
Expected handover: Jun 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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