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Off-plan

The Waterway

The Waterway is an off-plan apartments and penthouses development by Prestige One Developments in Mohammed Bin Rashid City, Dubai, with homes from AED 1,700,000 on a 65/35 payment plan and handover expected in Q4 2026. 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 1,700,000

Overview

Apartments and penthouses in Mohammed Bin Rashid City.

The Waterway at Meydan Horizon is a premium development by Prestige One Developments offering exclusive 1 & 2-bedroom apartments and 4-bedroom penthouses. With its sleek tower overlooking the lagoons, the development offers a calm, elegant place to live. From the moment you step into the grand reception lobby, you're greeted with an atmosphere of minimalist luxury that invites you to unwind and indulge in the finer things in life.

But it's not just the amenities that set this waterfront development apart—it's the attention to detail and commitment to excellence that truly elevate this development to new heights of luxury. From the sleek design of the tower to the breathtaking views of the surrounding landscape, every aspect has been carefully curated to offer residents a lifestyle that is as exclusive as it is extraordinary. Whether you're a young professional looking for a stylish urban retreat or a family seeking a spacious and elegant home, it has the perfect residence for you.

What truly sets this façade apart, however, is its seamless integration of convenience and luxury. From the grand entrance lobby to the community lounge, outdoor sports facilities, and ample parking space, every detail has been thoughtfully considered to ensure that residents can enjoy a lifestyle of utmost comfort and convenience. And with the Ras Al Khor Wildlife Sanctuary just a stone's throw away, nature lovers can escape the hustle and bustle of city life and immerse themselves in the serene beauty of Dubai's natural landscape.

The meticulously crafted interiors boast exquisite materials and impeccable finishing, ensuring that every corner exudes opulence and refinement. Whether you're relaxing by the infinity pool, working out in the state-of-the-art gym, or enjoying movie nights at the outdoor cinema, it provides an array of amenities designed to cater to your every need and desire.

Details

Key facts.

City
Dubai
Starting price
AED 1,700,000
Status
Off-plan
Handover
Q4 2026
Property types
Apartment, Penthouse
Unit types
1–4 BR · Apartments, penthouses
Payment plan
65/35
Golden Visa
Below AED 2M from-price

Payment plan

65/35, paid in 3 steps.

65% before handover35% on handover
  1. 120%Down paymentOn booking
  2. 245%Construction instalmentsDuring construction
  3. 335%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking20%340,000
Construction instalmentsDuring construction45%765,000
Handover paymentOn handover35%595,000
Total100%1,700,000

*Worked example on the starting price of AED 1,700,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)From (AED)
1 bedroom11301,680,000
Unit typeSize (sq ft)From (AED)
2 bedrooms16002,100,000
Unit typeFrom (AED)
4 bedrooms12,300,000

Location

In Mohammed Bin Rashid City.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 1,700,000
Paid before handover
AED 1,105,000 (65%)
Due on handover
AED 595,000 (35%)
DLD registration (4%)
AED 68,000 verify
Golden Visa threshold
From-price is below AED 2M

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 Prestige One Developments.

Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at The Waterway?

Homes at The Waterway start from AED 1,700,000 for 1-bedroom homes. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for The Waterway?

Prestige One Developments offers a 65/35 payment plan: 65% during construction and 35% 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 Waterway?

Handover is expected in Q4 2026. 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 Waterway?

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 Waterway 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 Waterway?

The Waterway is developed by Prestige One Developments. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for The Waterway?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for The Waterway.

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