
The Waterway is a premium residential development by Prestige One, located in Meydan Horizon, MBR City. The project combines contemporary architecture, elegant design, and exceptional comfort, creating a unique waterfront living experience. The building’s refined modern faсade, with smooth lines and panoramic glass, reflects the serenity of the lagoon and the dynamic spirit of the city. The residential complex consists of a ground floor, seventeen residential floors, and a rooftop with amenities. Available units include one- and two-bedroom apartments as well as luxurious penthouses with spacious terraces overlooking the Ras Al Khor Wildlife Sanctuary and the scenic lagoons. Interiors are designed in neutral tones with natural materials, offering an atmosphere of warmth and understated sophistication. Residents enjoy an array of premium amenities, including a swimming pool with lounge area, fitness center, yoga room, cinema, children’s play area, and barbecue zone. A standout feature of the project is the private lagoon with a landscaped beach and a promenade with walking and cycling paths, ideal for leisure and recreation. Conveniently located in Meydan Horizon, the development provides easy access to key city landmarks: 5 minutes to Ras Al Khor Wildlife Sanctuary, 15 minutes to Burj Khalifa, Dubai Mall, and Business Bay, and 20 minutes to Dubai Hills Golf Club, Dubai Creek Golf & Yacht Club, and Dubai International Airport.
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 Waterway launch basis | 2,209 | AED 1.99M | Current launch / asking basis |
| Bukadra ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Bukadra 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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Astraterra Properties
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Bukadra
The Waterway by Prestige One
Located in Bukadra
Starting from AED 1,988,000
Unit mix includes 1 BR, 2 BR, Apartments
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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