The project
About 241 Waterside
241 Waterside presents a collection of sky lofts and signature lofts alongside two-bedroom residences on Dubai Islands.
The building offers a pool, a fully equipped gymnasium and a children's play area, with east- and west-facing layouts.
Payment
Payment plan
10% down, 35% during construction, 55% on handover
At a glance
241 Waterside key facts
- Developer
- Legacy Star Development
- Community
- Dubai Islands
- Status
- Under construction
- Handover
- Q2 2028
- Starting price
- AED 1.88M
- Unit types
- 1BR Sky Loft, 2BR
- Payment plan
- 10% down, 35% during construction, 55% on handover
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 1.88M. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at 241 Waterside
- 01
Shortlist and reserve
Choose a unit type and view at 241 Waterside and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Legacy Star Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q2 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Loft-style layouts with signature variants
- Choice of east or west orientation
- Majority of payment due at handover
What to weigh
- Legacy Star is a newer name, so track record should be reviewed
- A 55% handover balance requires financing readiness
FAQ
241 Waterside — frequently asked questions
What is the starting price of 241 Waterside?
Published pricing at 241 Waterside starts from AED 1.88M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of 241 Waterside?
241 Waterside is scheduled for handover in Q2 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for 241 Waterside?
10% down, 35% during construction, 55% on handover
Who is the developer of 241 Waterside?
241 Waterside is developed by Legacy Star Development in Dubai Islands, Dubai.
What unit types are available at 241 Waterside?
241 Waterside offers 1BR Sky Loft, 2BR.
Where is 241 Waterside located?
241 Waterside is in Dubai Islands, Dubai.
Can foreigners buy at 241 Waterside?
Yes. Dubai Islands is a freehold area, so buyers of any nationality can own property at 241 Waterside outright.
Does buying at 241 Waterside qualify for the UAE Golden Visa?
The entry price of AED 1.88M is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at 241 Waterside?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 75K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at 241 Waterside?
MRK Real Estate advises on primary purchases and resales at 241 Waterside. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Legacy Star Development before any transaction.
