Gallery
Imagery courtesy of Prestige One Developments.
The project
About The Waterway
The Waterway is a Prestige One residential building beside the water in Mohammed Bin Rashid City, with residences from about 597 to 3,700 sq ft.
Starting prices are quoted from around AED 1.57 million.
Handover is listed for Q3 2028.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
At a glance
The Waterway key facts
- Developer
- Prestige One Developments
- Community
- Mohammed Bin Rashid City
- Status
- Under construction
- Handover
- Q3 2028
- Starting price
- AED 1.57M
- Unit types
- Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom
- Ownership
- Freehold — open to all nationalities
Process
How to buy at The Waterway
- 01
Shortlist and reserve
Choose a unit type and view at The Waterway and secure it with the booking deposit.
- 02
Sign the SPA
Prestige One Developments 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 Q3 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
- Water-facing MBR City setting
- Wide unit range up to four bedrooms
What to weigh
- One listing attributes it to a different developer
- 2028 handover
FAQ
The Waterway — frequently asked questions
What is the starting price of The Waterway?
Published pricing at The Waterway starts from AED 1.57M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of The Waterway?
The Waterway is scheduled for handover in Q3 2028. Off-plan timelines can move, so confirm the current schedule before committing.
Who is the developer of The Waterway?
The Waterway is developed by Prestige One Developments in Mohammed Bin Rashid City, Dubai.
What unit types are available at The Waterway?
The Waterway offers Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom, 4 Bedroom.
Where is The Waterway located?
The Waterway is in Mohammed Bin Rashid City, Dubai.
Can foreigners buy at The Waterway?
Yes. Mohammed Bin Rashid City is a freehold area, so buyers of any nationality can own property at The Waterway outright.
Does buying at The Waterway qualify for the UAE Golden Visa?
The entry price of AED 1.57M 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 The Waterway?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 63K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at The Waterway?
MRK Real Estate advises on primary purchases and resales at The Waterway. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Prestige One Developments before any transaction.
