The Watercrest By Ellington Properties In MBR City, Dubai

The Watercrest by Ellington Properties

Ellington The Watercrest introduces the exceptional collection of houses and villas created essentially for refined living. The 3-bedroom townhouses range from 3,585 to 3,900 sq. ft. while the 4-bedroom villas measure from 4,449 sq. ft. The size fit the needs of families and give them sufficient space. The homes are characterized by modern architecture, large windows, and open floors, which make for a bright and inviting atmosphere.

Each residence are designed with high-end materials and a modern aesthetic. There are three type of townhouses: The Riverine, The Alcove, and The Arcadia. Each villas type has its own architectural elements and layouts. Every home in The Watercrest Dubai is designed for elegance, whether you prefer double-height living spaces, skylit interiors, or more serene garden settings.

Residents of The Watercrest at MBR City will enjoy a seamless blend of indoor and outdoor living. The homes are equipped with spacious bedrooms, en-suite bathrooms, private gardens, and rooftop terraces, offering a perfect mix of luxury and comfort. The development features a fully equipped kitchen, high-quality flooring, and elegant interiors that enhance everyday living.

This development is going to magnify the exclusiveness of the community with landscaped gardens and in-between serene water features. Residents can also enjoy relaxing by the water or the interiors planned to deliver a calm yet modern lifestyle.

The development will also host all kinds of high-end facilities for wellness, leisurely, and entertainment pursuits. State-of-the-art gyms, swimming pools and yoga zones, and fitness studios are made for the residents to adopt a truly healthy and active lifestyle. The River Club would be the nucleus of social activity housing the lounge, arcade room, and open-air cinema as perfect spots for relaxation and interaction among neighbors.

Also, there will be play areas exclusively for children, and lush parks with greened pathways through the community. In short, The Watercrest Dubai ensures an ideal environment for all, including kids and adults.

About Location
Mohammed Bin Rashid City in Dubai

Situated in Mohammed Bin Rashid City, The Watercrest at MBR City provides easy access to major landmarks in Dubai. Residents can reach Downtown Dubai, Burj Khalifa, and The Dubai Mall within minutes. The project is also well-connected to Business Bay, DIFC, and Dubai International Airport, making it a strategic location for professionals and families alike.

With proximity to Al Khail Road and Sheikh Mohammed Bin Zayed Road, commuting to different parts of Dubai is effortless. The development is surrounded by top-tier schools, healthcare facilities, and retail destinations, ensuring that all essential needs are within reach.

All these offerings of unmatched location and top-end luxury of Ellington The Watercrest make it an attractive investment option. MBR City is developing at a fast pace, as its name implies, giving excellent future returns for property investments. This project is one of the best opportunities for long-term investors due to the rise in the value of property and infrastructure and future developments around it.

The Watercrest by Ellington Properties ingeniously transforms and redefines modern living in Dubai with its prime location, current architecture, and excellent facilities. This groundbreaking project is meant to cater to anyone's needs, whether it’s about investment or personal residence.

Frequently Asked Questions & Answers

According to Mercer’s survey 2024 Cost of Living City Ranking, Dubai still ranks in 15th position making it one of the appealing choices for real estate investors or buyers. According to the ideal estimation, the average cost of living in Dubai for an individual is between AED 5K to AED 5.5k monthly. Further, with a family of an average of four persons, one has to pay around AED 17K a month.

As a resident of UAE, you have to renew your driving license every 5 years. However, being a UAE or GCC national will increase this duration of renewal to 10 years. The process of license renewal is exceptionally easy as you can do this online via the RTA website, RTA smart App, Dubai Driving App or through self-service machines at any of the available Customer Happiness Centres. Additionally, it is significant for you to settle any of the traffic fines before the renewal. Besides, if you are under 21 you only need a valid Emirates ID. On the other hand, individuals above 21 age have to show an eye test certificate. The fee amount of this is AED 120 (USD 32) for customers younger than 21 and AED 320 (USD 87) for the driver above the age of 21. After applying for renewal you will get a temporary driving license. The time it will take for the renewal is between 5-15 days

You can sell your property in Dubai in just seven simple steps; Selecting a reputable real estate agent or agency, filling out forms A and B, Advertising your property for sale, setting the right price, signing Form F, Obtaining NOC, and finally transferring Ownership. These steps may vary, therefore, it is significant to take a property guide before selling your property asset.

There are various reasons why it is highly positive to invest in real estate in Dubai. One of the major reasons that make Dubai real estate attractive is the comparatively low prices of Emirates than Europe, America and Asia. Furthermore, investment in Dubai real estate is one of the major reasons in terms of reducing inflation. This is because there is a direct relation between the economic indicators and the demand for real estate. Another benefit of investing in Dubai real estate is a 3-year investor visa which you can obtain after purchasing ready-to-move property for a minimum amount of AED 750K (USH 205K), or a 5-year investor visa on opting for a ready-to-move residence for the initial cost of AED 2M (USD 545K). As a visa holder, you can bring your spouse and children to the UAE conveniently. Finally, the rental property in Dubai can generate an upto-staggering ROI of 8-10%, which is exceptionally impressive.

Many individuals wonder if foreigners can invest or buy property in Dubai and whether it can be considered a good long-term investment. The answer is yes, non-resident investors, expats, and foreign nationals in Dubai can own property on a freehold basis. This simply means that individuals can lease, buy or sell their property. Besides foreigners can buy property in Dubai for various lengths of time including freehold property, leasehold for up to 99 years or common hold with no age restrictions.

Dubai real estate is dynamic as well as comes in various price ranges from affordable property options to luxury real estate. The price of the residence is generally influenced by the location. On the other hand, the least expensive areas to buy apartments in the Emirates include Dubai Production City and International City. On the other hand, a few of the districts including NASHAMA Town Square and Serena offer low-cost exquisite living.

Dubai real estate offers plenty of property options, which you can opt for on an affordable budget. As of 2024, a few of the top affordable communities to invest in for beginners are Jumeirah Village Circle (JVC), International City, Dubai South and Dubai Investment Park.

In the bustling metropolis of Dubai, a shining Emirates of the UAE residents are allowed to buy properties in the designated freehold areas, Off-plan development, is highly appealing as their prices are exceptionally low and the developers offer attractive payment plans.

If you are a foreigner, you can acquire freehold ownership without any restriction whether it is a freehold property contract, off-plan property or a lease up to 99 years with no Visa required. Besides this, primarily you have two choices to invest in Dubai real estate either to invest in off-plan property or ready-to-move property.

The start with, the investment property market of Dubai offers high rental yields as compared to other stable real estate markets the ROI in Dubai is much higher that is up to 10% making it one of the highly appealing locations to invest. Additionally, the residences have world-class infrastructure, you can experience high-end living and economic stability all at once.

Off-plan properties in Dubai are the development projects that are under construction. In recent times, the interest of buyers in off-plan properties in Dubai has drastically increased. As per the news report by Arabia Business, in 2024 in July off-plan properties in Dubai, these properties accounted for 60% of property transactions which is a 49% increase from the previous year of 2023.

The process of buying an off-plan property in Dubai is exceptionally easy. As Dubai's real estate market is open for any of the buyers, the only things you will require are a Visa/Emirates ID and a passport copy.

Obtaining citizenship in the United Arab Emirates is easy and does not require a complex process. There are various neutralization methods including residency, marriage, merit, investment, Arabic proficiency and good reputation.

Purchasing a property in Dubai will grant you numerous positive outcomes from high rental yields of up to 10%, to unmatched amenities from exclusive and strategic locations to attractive opportunities to invest.

As the rule of residence, was implemented in 2019 that is UAE’s Golden Visa system offers long-term residence visas. This visa is automatically renewed on the condition that all the rules are adhered to. This visa is issued for the duration of 5 or 10 years.

Although the minimum investment amount required in Dubai depends on various factors the range may start from a few thousand AED to millions of AED. However, on average or according to the rough estimate the minimum investment amount in Dubai ranges from AED 10K to AED 50K.

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3-5 br lavish villas and penthouses in the watercrest by ellington properties

Swimming pool

Garden

Club Lounge

Yoga Area