The Waterway Dubai Condominiums, Excellent Investment/ and Leisure Property

$495,000.00

 

🔷Discover “The Waterway” – Your Ne w Home in the Heart of Dubai!🔷

The Waterway by Prestige One is an exceptional new residential project located in Mohammed Bin Rashid City (MBR City), Dubai, developed by Prestige One Developments. This luxury development offers a selection of 1 and 2-bedroom apartments, as well as expansive 4-bedroom penthouses. The sizes of properties at The Waterway range from 55 m² (597 sqft) to 344 m² (3700 sqft), with starting prices at 1 570 000 AED (about 427 400 $). Designed with modern elegance, this project is scheduled for handover in Q2 2027, with a payment plan of 65/35, requiring a 20% down payment.

The Waterway is ideally located within the Meydan Horizon development, providing direct access to tranquil lagoons and stunning views of the Ras Al Khor Wildlife Sanctuary. Residents enjoy the convenience of being close to major landmarks, with Downtown Dubai and Burj Khalifa just a 13-minute drive away, and Dubai International Airport reachable in 20 minutes. This prime location offers excellent connectivity via Sheikh Zayed Road, making it easy for residents to travel to popular destinations across the city.

The Waterway is designed to provide a luxurious lifestyle with a range of world-class amenities, including an infinity pool, a rooftop observation deck, an outdoor cinema, a state-of-the-art gym, and a community lounge. Smart home features, valet parking, a children’s play area, and a double-height lobby enhance the living experience, offering both convenience and sophistication. The apartments boast floor-to-ceiling windows, allowing for stunning panoramic views, while the interiors are meticulously crafted with premium materials, ensuring the highest standard of living.

A brand-new residential project in a prime location, offering the perfect blend of comfort and investment value:
💎G+18 tower
💎Semi-furnished 1 & 2 bedroom apartments
💎Handover: Q2 2027
💎Service charge: AED 15/sqft
💎Attractive payment plan: 50/50
💎Starting price: AED 1.3M/ $495,000 CAN
This is a great opportunity for both end-users and investors.
Contact me Jeremy Roberts for more details 705-637-1620.
Made by Thrive State properties https://thrivestate.io
Call Jeremy Roberts here at 705-637-1620.
Fees and Taxes:
There is only 4% DLD. At the time of signing the Sales and Purchase Agreement (SPA), you will need to pay the Dubai Land Department (DLD) fees, which are 4% of the property price. What is DLD? The Dubai Land Department is the government authority responsible for overseeing all real estate transactions and ownership registrations in Dubai.
In addition to DLD fees, there is usually a small Administration Fee (Admin Fee) charged by the developer. What is Admin Fee? This fee covers the administrative costs related to preparing your documents, registration services, and other processing requirements. It typically ranges from AED 3,000 to AED 10,000, depending on the developer and the property.
Reservation
Once you decide on a property, the first step is to reserve it by signing a Reservation Form and paying the Reservation Fee, which is usually around 20% of the property price (depending on the developer). This ensures the unit is taken off the market for you.

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