Logo
  • Order call
  • Call management

Property type
No. of bedrooms
Area
Show offers

The Watercrest

WHY INVEST IN DUBAI?

Dubai is a global hotspot for innovation and growth, attracting the best talent and forward-thinkers. Dubai stands as the world's foremost hyper-connected, pro-business hub, seamlessly uniting east and west.

This vibrant city offers unparalleled access to the most dynamic economies, ensuring accelerated growth within a secure, future-forward network ecosystem. Dubai is where the future happens.

•                 Dubai - your partner for accelerated growth

•                 Hyper-connected crossroads to the world

•                 Uniquely situated at the heart of north, south, east and west.

•                 Unparalleled growth opportunities

•                 Unrivalled access to the world’s highest potential economies.

•                 Agile, efficient and future-focused

Thrive within a world-class legal and business framework.

The Dubai Economic Agenda 2033 (D33) aims to double the emirate’s economy in the next decade, fostering competitiveness, diversification and sustainability, and positioning Dubai as one of the top three cities across various parameters. It will attract global talent and investment, establishing Dubai as a leading destination for digital economy ventures. Priorities will include innovation, AI and technology, alongside efforts to diversify trade routes by creating Future Economic Corridors with emerging markets.

LOCATION:

MBR City is a new development area in Dubai, named after His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. It is a high-end residential and commercial development project located in the heart of Dubai.

MBR City was first announced in 2013 as part of the Dubai Plan 2021, which aims to make Dubai one of the most livable and sustainable cities in the world. The development is spread over an area of 45 million square feet and is a combination of luxury residential properties, retail spaces, and world-class amenities.

One of the main advantages of investing in MBR City is its prime location, which is close to some of the most iconic landmarks in Dubai, including the Burj Khalifa, Dubai Mall, and Dubai Opera. The development also offers a wide range of world-class amenities, including retail spaces, restaurants, cafes, and leisure facilities.

Another advantage of investing in MBR City is its long-term potential for growth and appreciation, as the area is expected to become one of the most sought-after residential and commercial destinations in Dubai.

Some of the popular areas for buying property in MBR City include District One, Sobha Hartland, and Mohammed Bin Rashid Al Maktoum City — District Eleven, where The Watercrest by Ellington will be situated. These areas offer a wide range of luxurious properties with world-class facilities and amenities.

Additionally, the area is also expected to feature a wide range of cultural and entertainment venues, including museums, theaters, and art galleries.

Residents will benefit from the proximity to iconic landmarks such as the Meydan Racecourse, Meydan Golf, and Meydan One Mall. This prime location ensures easy access to major highways, making navigation throughout the city effortless.

Nearby Places:

05 Minutes - Meydan Hotel

10 Minutes - Ras Al Khor Wildlife Sanctuary

12 Minutes - DIFC

13 Minutes - Burj Khalifa

15 Minutes - Mall of the Emirates

20 Minutes - Dubai International Airport

ABOUT THE DEVELOPER:

Founded in 2014, Ellington Properties is Dubai’s leading design-led real estate developer and endeavours to craft beautiful Dubai properties and communities for high-quality lifestyles.

A truly customer-centric developer in the UAE real estate market, it develops beautiful residences in Dubai designed by incredible artistry and impeccable architecture. Its customers’ refined tastes inspire the developer to create compelling luxury properties that consistently transcend fashions and trends.

Every property is built on four key pillars which are change mindsets, establish credibility, evoke emotions and differentiation.

Believing homes hold a crucial role in building a quality lifestyle, Ellington prioritizes every step of the development process through a personalised approach from the concept to the final details. Offering warranty after hand-over guaranteed it’s a long-lasting commitment. Bespoke residences are an ideal fit for a refined lifestyle – built to inspire in all forms and sizes: Villas, Studios, 1 & 2 bedroom apartments.

As one of the finest real estate companies in Dubai, Ellington selects the most prestigious addresses in the city, where their communities can thrive.

Ellington’s properties are located in Mohammed Bin Rashid City (MBR), Downtown Dubai, Palm Jumeirah and the Jumeirah Village Circle (JVC). They include high-rise luxury residences and multi-family communities.

In 2018, the developer has successfully developed Belgravia Square, DT1 and Wilton Terraces which brought new meaning to Live In Design and Dubai real estate market. In 2019, the company have launched Wilton Park Residences, its newest project inspired by nature & green spaces.

ABOUT THE PROJECT:

The Watercrest at MBR City by Ellington Properties is the epitome of luxury living, offering an exclusive collection of 3-bedroom townhouses and 4-bedroom stand-alone villas. Situated in the prestigious Mohammed Bin Rashid City, this development combines exquisite design with a serene ambiance, providing a lifestyle that is both sophisticated and tranquil. Known for their excellence in design and quality, Ellington Properties ensures that each residence at The Watercrest is a masterpiece of modern living.

Exclusive Residences: Luxury 3-bedroom townhouses and 4-bedroom stand-alone villas.

Prime Location: Located in the prestigious Mohammed Bin Rashid City, Dubai.

Exceptional Design: Blends exceptional aesthetics with a serene ambiance.

Flexible Payment Plan: 70/30 payment plan to ease the financial investment.

Scheduled Handover: Q4 – 2027, ensuring timely completion and delivery.

The Watercrest is located in the highly sought-after Mohammed Bin Rashid Al Maktoum City (MBR City), offering an unparalleled lifestyle in Dubai. This prime location ensures easy access to key attractions and amenities, providing residents with a vibrant and luxurious living experience.

IMEX Real Estate specialists will always help you buy an apartment in this or any other project. Contact us via WhatsApp +971(50)5006869, and our online brokers will quickly find you exactly what you need.

AMENITIES:

Ellington The Watercrest Residences offers a comprehensive array of amenities designed to provide residents with a luxurious and convenient lifestyle. The development features elegant lobbies that set the tone for the sophisticated living experience. A hotel-like drop-off and pick-up area ensures comfort and ease for residents and their guests. For fitness enthusiasts, there is a semi-Olympic lap and leisure pool, along with a state-of-the-art panoramic fitness center.

•          Kids’ play area and splash pad

•          Panoramic fitness center

•          Changing room with steam and sauna

•          Electrical vehicle charging stations

•          Pavilion clubhouse and terrace

•          Retail stores & F&B outlets

•          Gymnasium

•          Parks and Leisure Areas

•          Restaurants

•          Supermarket

•          Swimming Pool

PAYMENT PLAN:

The Watercrest by Ellington Properties offers a flexible and convenient payment plan to facilitate the purchasing process for prospective homeowners. The payment plan is designed to accommodate different financial situations, making it easier for buyers to invest in their dream home.

The scheme used for the payment plan is as following: 70/30. It means you pay 70% of the residence cost during construction phase; and the rest (30%) is paid upon handover, which is scheduled for Q4 2027.

IMEX Real Estate stays your reliable guide in the sphere of the USE’s real estate. Our contacts:

Tel.: +971(50)5006869 (Whatsapp, Viber, Telegram)

IMEX REAL ESTATE BROKER LLC

Office 2502, Marina Plaza, Dubai Marina, Dubai, UAE

Email: pm@IMEXre.com

SALE
9,000,000
Ref.No: imex-4482677
Townhouse
4,449 ft2
2,022 AED/ft2
Floor: 2
SALE
6,000,000
Ref.No: imex-4482454
Townhouse
3,672 ft2
1,633 AED/ft2
Floor: 2
Send us an enquiry or request a call back
Your name *
Phone
E-mail *
Your message *
*- indicates required
Request a call back
SOGA1  SOGA2
Call management
SOGA1  SOGA2
Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management