Developer Deal
Mercer House | South Tower
Ellington PropertiesPark View Tower, JVC District 14, Jumeirah Village Circle (JVC), Dubai, UAE
From
AED 1,150,000
Handover
Q3 2027
Payment Plan
70/30
Down Payment
20%
Back to Developer DealsDeveloperEllington PropertiesView developer profile
The Watercrest
Mohammed Bin Rashid City (MBR City), Dubai, UAE
DeveloperEllington PropertiesView developer profileDLD Waiver
—
Discount
—
Handover
Q1 2028
Post Handover
—
Payment Plan
70%
30%
20% down
About The Watercrest
A community crafted in nature’s embrace Nestled in the exclusive district of Mohammed Bin Rashid City, The Watercrest presents an exquisite blend of design-led sophistication and serene living. Our collection of 4-bedroom villas and 3-bedroom townhouses epitomizes elegance and exclusivity in a community that promises a lifestyle filled with sensory moments, perfectly in tune with nature, where ref…
Project documents
Brochures
Not available yet
Floor plans
Not available yet
Master plans
Not available yet
Payment schedule
20/50/30 Payment Plan
- Deposit
- 20%
- During construction
- 50%
- On handover
- 30%
- Post-handover
- 0%
Market Intelligence
Completed transactions in Mohammed Bin Rashid City
Median sale price/sqft
AED 1,986/sqft+17.7%
Median sale price
AED 3,100,000
Gross rental yield
4.2%
Median annual rent
AED 130,000
Median price/sqft over time
Dec 23Range AED 1,724 – AED 2,155Dec 24
Community activity
LiquidityStrongPrice momentumRising
2,020 sales and 1,981 rentals in the last 12 months
Off-plan vs ready
Off-plan 59.6%Ready 40.4%
Primary vs resale
Primary 59.6%Resale 40.4%
Recent transactions
| Date | Building | Beds | Area | Price | AED/sqft |
|---|---|---|---|---|---|
| 2024-12-13 | Starlight Park | 1 | 1,005 sqft | AED 1,308,901 | 1,302 |
| 2024-12-13 | District One West | 5 | 8,194 sqft | AED 20,120,800 | 2,455 |
| 2024-12-13 | The Beachfront | 6 | 13,233 sqft | AED 38,885,828 | 2,939 |
| 2024-12-13 | Residences 13 | 1 | 671 sqft | AED 1,750,000 | 2,608 |
| 2024-12-13 | Residences 13 | 1 | 671 sqft | AED 1,750,000 | 2,608 |
| 2024-12-13 | District One West | 5 | 8,754 sqft | AED 20,120,800 | 2,298 |
Estimates are based on completed transactions and are not an official valuation. Data as of 2024-12-31.
Request the full payment plan for The Watercrest
Our team will send you the complete payment schedule, floor plans and current offer from Ellington Properties.
- • Full payment plan + down payment
- • Available unit types and launch prices
- • Early-bird offers before public launch
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Frequently asked questions about The Watercrest
- What is the handover date for The Watercrest?
- The Watercrest is scheduled for handover in Q1 2028.
- What is the starting price of The Watercrest?
- Prices start from AED 6,460,000. Contact our team for current availability.
- Who is the developer of The Watercrest?
- The Watercrest is being developed by Ellington Properties.
- Where is The Watercrest located?
- The Watercrest is located in Mohammed Bin Rashid City (MBR City), Dubai, UAE.