Off-plan · Freehold
The Waterway
by Prestige One · handover Q2 2027
The Waterway, in plain numbers.
The Waterway is an off-plan residential project by Prestige One in Bukadra, Dubai. It is registered with the Dubai Land Department as project 3198, a g+3p+ 16+mechanical+ roof.the project designed to have a concrete structure and block with internal and external finishes. scheme, with works dated from November 2024 and 0.5% built at the last inspection. Handover is planned for Q2 2027. 115 units are registered, mostly 2-bedroom homes of about 1,292 sq ft and one-bedroom homes of about 689 sq ft. The register shows 114 sales since September 2025, 12 of them in the last twelve months, at a median of AED 1,741 per sq ft.
- Registered off-plan price 48% under ready resales in the area
- 12 registered sales in 12 months
- Keys in 2027
Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.
What is in The Waterway.
Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.
| Type | Units in the project | Typical size | Registered sales, 2 years | Median price | AED / sq ft |
|---|---|---|---|---|---|
| 1 bedroom | 48 | 689 sq ft | 35 | AED 1,317,500 | 1,933 |
| 2 bedrooms | 64 | 1,292 sq ft | 44 | AED 2,295,623 | 1,867 |
Matched to the Land Department project Waterway Prestige One (project no. 3198).
How you pay.
Ask us and you receive the current plan, the price list and the floor plans on WhatsApp, usually the same day.
Send me the payment planWhat The Waterway actually sells for.
Registered sale prices, not the developer's list prices.
| Date | Bedrooms | Sq ft | Price | AED / sq ft | Stage |
|---|---|---|---|---|---|
| 2 Mar 2026 | 1 B/R | 1,129 | AED 1,775,100 | 1,572 | Off-plan |
| 22 Dec 2025 | 2 B/R | 1,384 | AED 2,248,260 | 1,625 | Off-plan |
| 27 Nov 2025 | 2 B/R | 1,171 | AED 2,182,500 | 1,863 | Off-plan |
| 24 Nov 2025 | 2 B/R | 1,086 | AED 2,395,008 | 2,205 | Off-plan |
| 24 Nov 2025 | 2 B/R | 1,096 | AED 2,328,000 | 2,125 | Off-plan |
| 13 Oct 2025 | 2 B/R | 1,384 | AED 2,280,000 | 1,648 | Off-plan |
| 13 Oct 2025 | 1 B/R | 595 | AED 1,317,500 | 2,215 | Off-plan |
| 13 Oct 2025 | 2 B/R | 1,314 | AED 2,200,000 | 1,674 | Off-plan |
Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.
Where it is.
Bukadra, Dubai.
What it costs beyond the price.
- Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
- No agency fee to you when you buy from the developer: the developer pays our commission.
- Your payments go into the project's escrow account, released to the developer as construction is certified.
- At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.
General guidance; we confirm every fee for this project in writing before you reserve.
Questions people ask.
When is The Waterway handed over?
The developer plans handover for Q2 2027; the Land Department recorded the project at 0.5% built. Launch dates can move, and we track the registered progress for you.
Who is the developer of The Waterway?
Prestige One (registered as Prestige The Waterway Real Estate Development L.L.C). The project is registered with the Dubai Land Department as number 3198.
What is the payment plan for The Waterway?
The developer shares the current plan with the price list; message us and we send both, usually the same day.
What is the price per square foot in The Waterway?
Registered sales over the last 12 months have a median of AED 1,741 per sq ft, against about AED 3,529 for ready homes in Bukadra.
Can foreigners buy in The Waterway?
Yes. The Waterway is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.
Is buying off-plan safe?
Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.
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