The Watercrest
Off-Plan

The Watercrest

From AED 11.50M·Handover Jun 2027·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 11.50M
Starting Price
Jun 2027
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
4 BR · Villa
Type

Project Overview

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).

Project Specifications
DeveloperEllington Properties
LocationMBR District 11
Unit Types4 BR, Villa
AreaMBR District 11
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 496,225 / year
Cash-on-Cash
2.2%
Levered cashflow AED 116,725
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 747,500 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
The Watercrest launch basis12,778AED 11.50MCurrent launch / asking basis
MBR District 11 ready-stock comps1,500AED 1.35MIndicative resale benchmark
MBR District 11 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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The Watercrest official render 1

The Watercrest official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Ellington Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Flexible Payment

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Floor Plans

The Watercrest — 1 Bedroom Floor Plan

Amenities & Lifestyle

Cabanas
Children’s pool
Fitness Zone
Indoor Yoga
Kids Club
Kids Play Area
Kids splash pad
Landscaped garden
Lavish Sundeck
Leisure areas
Lift
Lobby
Open Kids Play Area
Outdoor cinema
Pool Deck
Recreational areas
Resting Areas
Shared Pool
Shared gym & fitness
Sitting Area
Walking paths
Yoga studio

Location

MBR District 11

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
MBR District 11MBR District 11Dubai, UAE

Developer Track Record

01

The Watercrest by Ellington Properties

02

Located in MBR District 11

03

Starting from AED 11,500,000

04

Unit mix includes 4 BR, Villa

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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