THE WATERWAY Residential Development by Prestige One

The Waterway is an exquisite and premium residential project developed by Prestige One, situated in the prestigious Meydan Horizon area of MBR City, Dubai. This development is designed to offer a harmonious blend of modern architecture, elegant design, and ultimate comfort, set against the serene backdrop of a private waterfront lagoon. The Waterway provides a unique and tranquil living experience that seamlessly connects luxury living with nature. The project comprises stylish apartments, including one- and two-bedroom units, along with exclusive penthouses featuring spacious terraces that offer breathtaking views of the Ras Al Khor Wildlife Sanctuary and scenic lagoons.

Prestige One, known for its customer-oriented approach and design excellence, has crafted The Waterway with meticulous attention to detail. The residences are part of a building that includes a ground floor, seventeen residential floors, and a rooftop dedicated to premium amenities. The interiors of The Waterway are designed with natural materials and neutral tones to create a warm, welcoming, and sophisticated atmosphere. With prices starting from AED 1,830,000 and sizes ranging from approximately 1,129 to 3,371 square feet, The Waterway is an attractive investment for buyers seeking high-end waterfront living in Dubai.

Overview of The Waterway Project

The Waterway stands out as a landmark residential development offering an elegant waterfront lifestyle within the vibrant urban context of MBR City. The project is crafted to combine contemporary aesthetics with functional living spaces. Its smooth-lined modern façade made of panoramic glass reflects the calm waters of the private lagoon and the dynamic spirit of Dubai city life. This thoughtful architecture aims to create an environment of tranquility while maintaining proximity to the city's key attractions.

The Waterway's residential options include one-bedroom and two-bedroom apartments designed to maximize space and natural light. For those seeking luxury, penthouses with expansive terraces provide stunning views of both the natural lagoon and Dubai’s urban skyline. Each unit is semi-furnished, including high-quality kitchen appliances, offering residents convenience and modern comforts from the moment they move in.

Residents of The Waterway benefit from a wide array of top-tier amenities, enhancing their quality of life. These include a lagoon-style swimming pool with a lounge area, a fully equipped fitness center, yoga rooms, a cinema, children’s play zones, and barbecue spaces. A standout feature is the private lagoon with a landscaped beach and a promenade equipped with walking and cycling paths, perfect for leisure and recreation, promoting an active and healthy lifestyle within the community.

Property Information

The Waterway is strategically located in Meydan Horizon, a sought-after district within Mohammed Bin Rashid City (MBR City), Dubai. The project offers freehold ownership, making it attractive for both investors and end-users. It is a G+17+R (Ground plus 17 floors and rooftop) residential tower. The sizes of apartments range between 1,129.03 square feet to 3,371.04 square feet, providing options for different preferences and family sizes. Prices for units start from AED 1,830,000 and can go up to AED 4,200,000, reflecting the premium waterfront location and the luxurious amenities on offer.

The service charge is competitively set at AED 18 per square foot, ensuring maintenance of the high standards of facilities and landscaping. The project’s handover is scheduled for the second quarter of 2027, with resale permitted once 40% of the property is paid, offering flexibility for buyers interested in capitalizing on market movements.

Detailed Description of The Waterway

The Waterway offers a unique blend of urban sophistication and natural tranquility. Set along a private lagoon, the project creates a serene living environment where residents can enjoy waterfront views while being just minutes away from Dubai’s key landmarks. The façade of the building is designed with smooth, flowing lines and large glass panels that allow natural light to flood the interiors while offering panoramic views of the lagoon and the city.

Inside, each apartment in The Waterway is thoughtfully designed with neutral, earthy tones that evoke a sense of calm and comfort. The use of natural materials adds warmth to the interiors, making every unit feel like a peaceful retreat. The kitchens come semi-furnished with modern appliances, ready for residents to move in and start enjoying their new homes without the hassle of major setups.

One of the highlights of The Waterway is the outdoor experience. Residents have exclusive access to a private lagoon, which includes a landscaped beach area perfect for relaxation or casual strolls. The promenade along the lagoon is designed for walking and cycling, providing a safe and scenic route for fitness enthusiasts. The rooftop and shared spaces feature leisure areas, including swimming pools, outdoor cinema setups, and social zones where residents can gather and unwind.

Family-friendly features are well catered for with children’s play areas and recreational zones, ensuring that all age groups can enjoy the community facilities. Fitness lovers benefit from a fully equipped gym and yoga rooms designed to support a healthy lifestyle. The community is secure and well-managed, creating a safe environment for residents.

Payment Plans for The Waterway

The Waterway offers a flexible payment plan structured to ease the investment process for buyers. There is no post-handover payment scheme, which means buyers complete their payment before receiving possession of the property, reducing long-term financial burdens. The payment breakdown is as follows:

• 20% plus 4% Dubai Land Department (DLD) fee at booking

• 5% payment on booking confirmation

• 5% due 90 days after booking

• 5% due 180 days after booking

• 10% due 270 days after booking

• 5% due 360 days after booking

• 5% due 450 days after booking

• 10% due 540 days after booking

• 35% due on handover

This payment structure is designed to provide flexibility and manageable installments over an 18-month period before final possession.

Economic Appeal of The Waterway

The Waterway holds strong economic appeal for investors and end-users alike. Located in the rapidly developing MBR City, one of Dubai’s most promising master developments, the project benefits from strategic positioning near key commercial and entertainment hubs. Meydan Horizon is quickly emerging as a desirable location for waterfront living, combining lifestyle, accessibility, and investment value.

The freehold ownership offered by The Waterway attracts a broad range of investors, including expatriates and international buyers. The presence of premium amenities, a private lagoon, and proximity to key city attractions contribute to the project’s high rental yield potential and capital appreciation prospects. With Dubai’s real estate market consistently showing strong demand for waterfront properties, The Waterway is positioned as a sound investment with promising returns.

Nearby Attractions and Distances

The Waterway is ideally located to provide easy access to some of Dubai’s most iconic destinations and essential amenities. The project is:

• 5 minutes away from Ras Al Khor Wildlife Sanctuary, a protected nature reserve famous for its flamingos and rich biodiversity.

• 15 minutes from Burj Khalifa, the tallest building in the world, Dubai Mall, one of the largest shopping destinations globally, and Business Bay, Dubai’s business hub.

• 20 minutes from Dubai Hills Golf Club, Dubai Creek Golf & Yacht Club, and Dubai International Airport, ensuring convenience for leisure, business, and travel.

Residents of The Waterway benefit from the perfect balance of peaceful waterfront living with fast connections to vibrant city life and essential services.

Amenities and Facilities at The Waterway

The Waterway offers a comprehensive suite of amenities designed to enhance residents’ lifestyle. Each facility is crafted with a focus on luxury, comfort, and community wellbeing:

• Lagoon-style Swimming Pool: A beautifully landscaped swimming pool resembling a natural lagoon offers a serene setting for relaxation and recreation. Lounge areas surround the pool, perfect for sunbathing or socializing.

• Fitness Center: Equipped with state-of-the-art gym machines and free weights, the fitness center caters to residents’ health and wellness goals.

• Yoga Room: A dedicated space for yoga and meditation promotes mental and physical wellbeing in a calm, peaceful environment.

• Cinema: An exclusive indoor cinema offers residents the chance to enjoy the latest movies without leaving the comfort of their home community.

• Children’s Play Area: Safe, engaging play zones are designed for children to enjoy outdoor fun in a secure setting.

• Barbecue Zone: Outdoor barbecue areas provide an ideal spot for social gatherings and weekend cookouts with family and friends.

• Walking and Cycling Paths: The promenade around the private lagoon offers scenic routes for walking and cycling, encouraging an active lifestyle.

• Rooftop Lounge and Pool: The rooftop features a swimming pool and lounge area with panoramic views, perfect for relaxation or hosting guests.

• Social Zones and Recreational Areas: Multiple communal spaces foster social interaction and community bonding.

• Security and Parking: The project ensures 24/7 security and ample parking spaces for residents and visitors.

About the Developer - Prestige One

Prestige One Developments is a reputable and well-established real estate developer based in the United Arab Emirates. Since its founding in 2007, Prestige One has specialized in luxury residential projects across the UAE and internationally, including Turkey, the UK, the USA, and Canada. Known for its customer-centric approach, the company focuses on delivering excellence in design, architecture, and amenities.

Prestige One has a strong portfolio of high-end residential towers, penthouses, and apartments, characterized by sophisticated interiors, premium materials, and strategic locations. The company is recognized for investing in prime areas and creating communities that embody elegance, comfort, and innovation. Prestige One’s commitment to quality is reflected in every project, ensuring residents experience the highest standards of luxury living.

Frequently Asked Questions (FAQs) about The Waterway

1. What types of units are available in The Waterway?
The Waterway offers one-bedroom and two-bedroom apartments as well as luxury penthouses with spacious terraces.

2. Where is The Waterway located?
The Waterway is located in Meydan Horizon, MBR City, Dubai.

3. When is the handover date for The Waterway?
The handover is scheduled for the second quarter of 2027.

4. What is the starting price of apartments at The Waterway?
Prices start from AED 1,830,000.

5. Does The Waterway offer freehold ownership?
Yes, The Waterway offers freehold ownership.

6. What amenities are included in The Waterway?
Amenities include a lagoon-style swimming pool, fitness center, yoga room, cinema, children’s play areas, barbecue zones, walking and cycling paths, rooftop pool, and social lounges.

7. Is there a payment plan available?
Yes, The Waterway offers a flexible payment plan with installments spread over 18 months prior to handover.

8. How close is The Waterway to Dubai’s main attractions?
It is 5 minutes from Ras Al Khor Wildlife Sanctuary, 15 minutes from Burj Khalifa and Dubai Mall, and 20 minutes from Dubai International Airport.

9. Who is the developer of The Waterway?
Prestige One Developments is the developer behind The Waterway.

10. Are resale properties allowed in The Waterway?
Yes, resale is allowed once 40% of the property payment has been made.