The Watercrest by Ellington Properties in Mohammed Bin Rashid City

From AED 8,100,828 · handover Q1 2028 · 20/50/30 payment plan

About The Watercrest

The Watercrest is a villa and townhouse development in The Sanctuary, District 11 of Mohammed Bin Rashid City — one of the few genuinely low-density pockets close to Downtown Dubai, built around the district's lagoon and parkland. It is the only house-format scheme in this collection and the most expensive per home.

Three-bedroom houses run from about 2,424 to 3,900 sqft starting at AED 8,100,828, and four-bedroom homes from 4,449 to 4,885 sqft. Residents' facilities include landscaped gardens, an indoor swimming pool, a gymnasium, restaurants, barbecue areas, a children's play area and CCTV security.

Prices start at AED 8,100,828 on a 20/50/30 payment plan, with handover scheduled for Q3 2027. Freehold, and the plot count is small — this is the shortest supply of anything in the range.

Available layouts

3 bedroom — 2,424 – 3,900 sqft · from AED 8,100,828
4 bedroom — 4,449 – 4,885 sqft · Price on request

Payment plan

20% — On booking
50% — During construction
30% — On handover

Project details

Developer	Ellington Properties
Community	Mohammed Bin Rashid City
Emirate	Dubai
Starting price	AED 8,100,828
Payment plan	20/50/30
Handover	Q1 2028
Total units	84
Size range	2,424 – 4,885 sqft
DLD status	Active
Construction	2%

Features and amenities

Landscaped Gardens
Gymnasium
Restaurants
Indoor Swimming Pool
CCTV Security
Barbecue Area
Children's Play Area

About Mohammed Bin Rashid City

A master-planned district between Downtown Dubai and Meydan, centred on a large man-made lagoon. A mix of villa enclaves and mid-rise apartment buildings, positioned as a quieter alternative to Downtown while staying within a short drive of it.

Ellington Properties

Ellington Properties is a Dubai developer known for design-led residential buildings rather than large master communities. Its projects tend to be mid-rise, concentrated in established districts such as Jumeirah Village Circle, Business Bay and Mohammed Bin Rashid City, with a consistent focus on interiors, amenity design and finish quality.