The Watercrest
Mohammed Bin Rashid City , Dubai
AED 5,000,000
≈
AED 5,000,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress1%
Description
The Watercrest is an upcoming luxury residential development by Ellington Properties at Mohammed Bin Rashid (MBR) City Dubai. This off-plan project will offer a premium collection of 3-bedroom townhouses and 4-bedroom villas. Known for its excellence and quality, Ellington Properties has created a development that epitomises design-led living.
This exclusive residential community combines exceptional aesthetics with a serene ambience, catering to the discerning tastes of those who appreciate fine living. The gated community will be home to The River Club, The Lakehouse and a state-of-the-art fitness studio in the heart of the development. Each facility will be equipped with a range of amenities.
Amenities & Features
Kids Play Area
Nearby Shopping Malls
Property Details
Property TypeTownhouse
DeveloperEllington Properties
ProjectThe Watercrest
CommunityMohammed Bin Rashid City
CompletionOff-Plan -
Q1 2028
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 5,000,000
DLD Fee (4%)AED 200,000
Trustee FeeAED 4,200
Agency (2%)AED 100,000
Total
InvestmentAED 5,304,200
Expected Annual Returns
Expected Annual RentAED 330,000
Service Charges (Est)-AED 53,775
Net Annual
IncomeAED 276,225
Net Annual ROI5.2% (after expenses)
Payback Period19.2 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa10.9 km
Dubai Mall10.6 km
Dubai Airport (DXB)14.1 km
Mall of the Emirates15.1 km
Dubai Marina21.8 km