The Watercrest — project image
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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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 496,225 / year
Cash-on-Cash
2.2%
Levered cashflow AED 116,725
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 5.29M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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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,...

Published payment summary

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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

The Watercrest location map
Project location

Nearby Destinations

MBR District 11

Developer and Project Facts

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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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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