The Waterway By Prestige One is a residential project by Prestige One Developments in Meydan Horizon, Dubai, with handover 30.06.2027, construction 8.4% complete per the DLD registry.
Payment plan 65/35
- Down payment20%
- During construction45%
- On handover35%
Construction progress
- Handover30.06.2027
- Status date12.05.2026
- DLD project number3198
Data from the Dubai Land Department project registry (updated 09.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Prestige One Developments · District: Meydan Horizon
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 02.03.2026 | 1 BR | 104.9 | 1 775 100 |
| 22.12.2025 | 2 BR | 128.6 | 2 248 260 |
| 27.11.2025 | 2 BR | 108.8 | 2 182 500 |
| 24.11.2025 | 2 BR | 101.8 | 2 328 000 |
| 24.11.2025 | 2 BR | 100.9 | 2 395 008 |
| 13.10.2025 | 2 BR | 128.6 | 2 280 000 |
| 13.10.2025 | 2 BR | 122.1 | 2 217 600 |
| 13.10.2025 | 2 BR | 128.6 | 2 214 800 |
| 13.10.2025 | 2 BR | 122.1 | 2 200 000 |
| 13.10.2025 | 1 BR | 55.3 | 1 317 500 |
| 29.09.2025 | 2 BR | 108.8 | 2 100 000 |
| 29.09.2025 | 2 BR | 108.8 | 2 180 000 |
| 22.09.2025 | 57.3 | 2 393 493 | |
| 22.09.2025 | 1 BR | 55.0 | 1 378 200 |
| 22.09.2025 | 2 BR | 122.1 | 2 460 000 |
| 22.09.2025 | 1 BR | 55.3 | 1 336 600 |
| 22.09.2025 | 92.3 | 3 853 144 | |
| 22.09.2025 | 120.1 | 5 016 270 | |
| 28.08.2025 | 1 BR | 77.5 | 1 620 000 |
| 25.08.2025 | 1 BR | 55.0 | 1 398 600 |
Dubai Land Department transaction registry, updated 2026-08-08. Explore Dubai property transactions →
Places nearby
About the project
The Waterway By Prestige One is a single-building, 115-unit development in Meydan Horizon within Mohammed Bin Rashid City. It is being developed by Prestige The Waterway Real Estate Development and is active, with a recorded completion ratio of 8.43% as of 12 May 2026. Scheduled completion is 30 June 2027.
The project and building configuration
The Waterway By Prestige One consists of one building with 115 units and a recorded total project area of 11,044.89. The building configuration is G+3P+16+Mechanical+Roof, comprising a ground level, three podium levels, 16 additional floors, a mechanical level and a roof. The structure is designed in concrete and blockwork, with internal and external finishes. Construction began on 15 November 2024. The project is located in Meydan Horizon, a named residential community within the wider Mohammed Bin Rashid City area and associated with the Meydan and Bu Kadra locality.
Project status and completion
The project is active. Its recorded completion ratio is 8.43%, based on an inspection dated 12 May 2026. The recorded project start date is 15 November 2024, and the scheduled completion date is 30 June 2027. The development has one building and 115 units. These details place The Waterway By Prestige One within the active construction phase at Meydan Horizon. The project is identified under project number 3198.
Meydan Horizon setting
Meydan Horizon sits within Mohammed Bin Rashid City in Dubai’s Meydan and Bu Kadra sector. It is a named community containing multiple individual residential developments rather than a single uniform scheme. The Waterway By Prestige One is one of the projects within this location. Other projects catalogued under Meydan Horizon include Highgrove by Ellington, Belmore Residences, The Caden by Prescott and Helvetia Verde. The community is connected to Dubai’s main districts primarily by road, with driving cited as the most direct mode of travel from the area.
Road access and nearby destinations
Typical cited driving times from Meydan Horizon are 14 minutes to Dubai Mall, 26 minutes to Palm Jumeirah, 24 minutes to Burj Al Arab and 29 minutes to The Walk, JBR. Dubai International Airport is cited at 23 minutes by car, while Al Maktoum International Airport is cited at 44 minutes by car. Metro access is indirect: the nearest recorded metro reference is Green Line station G30, at a distance of 4,491 metres from Meydan Horizon. Reaching rail services therefore generally involves a drive, taxi or feeder bus connection.
Schools near Meydan Horizon
North London Collegiate School Dubai is cited at 1.8 km from Meydan Horizon. Hartland International School is cited at 2.1 km from the community. These two schools are among the established educational institutions referenced in connection with the area. The Waterway By Prestige One is positioned in Meydan Horizon, placing the project within the same community context as these nearby education providers.
Developer
The Waterway By Prestige One is being developed by Prestige The Waterway Real Estate Development. The developer is named for the project’s registered development entity and is associated with the 115-unit scheme at Meydan Horizon. The recorded construction programme began on 15 November 2024 and has a scheduled completion date of 30 June 2027.
Registered transactions in The Waterway By Prestige One
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +5% over the same period, so the building matched it.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 55 | 1 220 000 | 22 182 | 47 |
| 2 bedrooms | 113 | 2 271 521 | 20 102 | 61 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
