Ellington Properties
Cala Del Mar
Al Marjan Island, Ras Al Khaimah
From AED 2,295,000
- Payment plan50/50
- HandoverQ2 2027
- UnitsStudio – 3 BR
- Home
- Off-plan projects
- Dubai
- Mohammed Bin Rashid City
- The Watercrest by Ellington
Off-plan
Golden Visa guidance
The Watercrest by Ellington
The Watercrest by Ellington is an off-plan townhouses and villas development by Ellington Properties in Mohammed Bin Rashid City, Dubai, with homes from AED 6,000,000 on a 70/30 payment plan and handover expected in Q4 2027. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.
Starting from
AED 6,000,000
Overview
Townhouses and villas in Mohammed Bin Rashid City.
Located in the heart of Meydan, Dubai, Ellington The Watercrest is an upcoming luxury residential development by Ellington Properties. This established project will offer a total of 84 exclusive villas and townhouses, including three-bedroom townhouses, and villas with three and four bedrooms. The sizes of townhouses and villas at Ellington The Watercrest range from 279 m² (3000 sqft) to 465 m² (5000 sqft), making it an ideal choice for families seeking spacious and elegant living spaces.
The Watercrest at Meydan offers an exclusive selection of luxury properties designed to meet the highest standards of modern living. Among the options available are three-bedroom townhouses, which start at approximately 6 000 000 AED. Additionally, there are three and four-bedroom villas, with prices beginning at approximately 9 000 000 AED. These properties are designed with spacious layouts and high-end finishes, providing an exceptional living experience for discerning buyers.
Property at Ellington The Watercrest boasts modern design and architecture, characterized by sleek lines, expansive windows, and high-quality materials. Each townhouse and villa will be equipped with premium amenities, including private elevators and spacious interiors designed for comfort and luxury. The kitchens are fitted with state-of-the-art appliances and elegant finishes, ensuring a seamless cooking experience.
Residents of villas and townhouses at The Watercrest will enjoy an array of exclusive amenities designed to enhance their lifestyle. Among the standout features is a private sand beach near the lake, ideal for relaxation and family activities. The modern fitness center is equipped with the latest gym equipment, catering to all workout needs. Both private and community swimming pools provide refreshing options for leisure and exercise. The development includes lush green parks, perfect for leisurely strolls and outdoor activities, and safe, engaging children's play areas. Additionally, The Watercrest community ensures a hassle-free lifestyle with top-notch services such as 24/7 security, maintenance, and concierge services.
Details
Key facts.
- Developer
- Ellington Properties
- Area
- Mohammed Bin Rashid City, Dubai
- City
- Dubai
- Starting price
- AED 6,000,000
- Status
- Off-plan
- Handover
- Q4 2027
- Property types
- Townhouse, Villa
- Unit types
- 3–4 BR · Townhouses, villas
- Payment plan
- 70/30
- Golden Visa
- Priced from AED 2M
Gallery
Project photos.
Amenities
Life in and around the building.
- Children's Play Area
- Barbecue Area
- Shared Pool
- Shared Gym
- Shared Spa
Payment plan
70/30, paid in 3 steps.
70% before handover30% on handover
- 120%Down paymentOn booking
- 250%Construction instalmentsDuring construction
- 330%Handover paymentOn handover
| Milestone | Share | Amount (AED)* |
|---|---|---|
| Down payment | 20% | 1,200,000 |
| Construction instalments | 50% | 3,000,000 |
| Handover payment | 30% | 1,800,000 |
| Total | 100% | 6,000,000 |
*Worked example on the starting price of AED 6,000,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).
Location
In Mohammed Bin Rashid City.
Investment
The numbers, worked out.
- Entry price
- AED 6,000,000
- Paid before handover
- AED 4,200,000 (70%)
- Due on handover
- AED 1,800,000 (30%)
- DLD registration (4%)
- AED 240,000 verify
- Golden Visa threshold
- From-price is AED 2M or more
Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.
Developer
About Ellington Properties.
- Projects on Sovereign
- 21
Brochure & floor plans
Get the brochure and floor plans.
Ask our team, or leave your details and we will send the developer’s brochure and floor plans with current availability.
- Project brochure
- Floor plans for every unit type
- Latest prices and payment plan
- Broker (Sovereign Realty) ORN
- 46342
Sovereign Realty’s broker registration. Trade licence 1430699.
FAQ
Questions about this project.
What is the payment plan for The Watercrest by Ellington?
Ellington Properties offers a 70/30 payment plan: 70% during construction and 30% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.
When is handover at The Watercrest by Ellington?
Handover is expected in Q4 2027. Completion dates can move, so check the developer's latest construction update before you plan around it.
What fees sit on top of the payment plan at The Watercrest by Ellington?
Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.
Does The Watercrest by Ellington qualify for the UAE Golden Visa?
A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.
Who is the developer of The Watercrest by Ellington?
The Watercrest by Ellington is developed by Ellington Properties. See the developer page for their other projects in Dubai.
How do I get the floor plans and brochure for The Watercrest by Ellington?
Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for The Watercrest by Ellington.
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