Developer: Prestige One Developments · Meydan Horizon

The Waterway By Prestige One

The Waterway By Prestige One is a residential project by Prestige One Developments in Meydan Horizon, Dubai, with prices from AED 1 775 000, handover Q2 2027, construction 14.7% complete per the DLD registry, 115 units, 113 DLD-registered sales since 2019.

Price fromAED 1 775 000Our calculation
Unit types1 · 2 BR592–1 647 ft²DLD registry
HandoverQ2 2027Developer supplied
Construction14.7%DLD registry · checked 17.08.2026

Layouts and sizes

TypeUnitsTypical size, sq.ft
1 Bedroom48592–1 026
2 Bedroom641 086–1 647
Other units3617–1 293

Size range excludes the smallest and largest 5% of units of each type.

All units are freehold. Data from the DLD registry.

Payment plan 65/35 65% before handover · 35% on handover

The purchase price is split into these stages.

120%Down payment
245%During construction
335%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 775 000 AED is 7 495 AED.

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Estimates only; not a bank approval.

Handover date & construction progress

14.73%
  • Construction started15.11.2024
  • HandoverQ2 2027
  • Status date17.08.2026
  • Progress between DLD inspections+6.3% (12.05.2026 → 17.08.2026)
  • Escrow bankEmirates NBD
  • DLD project number3198

Data from the Dubai Land Department project registry (updated 08.11.2026 05:55).

Inspection history 6
025507510023.07.202417.08.2026
Actual, per inspections

Pace: 1.30% per month. At this rate 100% falls on 03.02.2032.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 101
17.08.2026 14.73%
The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 1 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 2 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 3 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 4 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 5 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 6 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 7 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 8 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 9 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 10 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 11 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 12 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 13 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 14 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 15 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 16 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 17 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 18 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 19 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 20 of 21The Waterway By Prestige One, Meydan Horizon construction progress — 17 August 2026, 14.73% complete, photo 21 of 21
12.05.2026 8.43%
The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 1 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 2 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 3 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 4 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 5 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 6 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 7 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 8 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 9 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 10 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 11 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 12 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 13 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 14 of 15The Waterway By Prestige One, Meydan Horizon construction progress — 12 May 2026, 8.43% complete, photo 15 of 15

65 more photos in the DLD register

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.

Recent transactions

DateTypeSize, m²Price, AED
02.03.20261 BR104.91 775 100
22.12.20252 BR128.62 248 260
27.11.20252 BR108.82 182 500
24.11.20252 BR101.82 328 000
24.11.20252 BR100.92 395 008
13.10.20252 BR122.12 217 600
13.10.20252 BR128.62 214 800
13.10.20252 BR122.12 200 000
13.10.20251 BR55.31 317 500
13.10.20252 BR128.62 280 000
29.09.20252 BR108.82 180 000
29.09.20252 BR108.82 100 000
22.09.202557.32 393 493
22.09.20251 BR55.01 378 200
22.09.20252 BR122.12 460 000
22.09.20251 BR55.31 336 600
22.09.202592.33 853 144
22.09.2025120.15 016 270
28.08.20251 BR77.51 620 000
25.08.20251 BR77.11 447 200
25.08.20251 BR55.31 398 600
25.08.20251 BR69.21 620 000
25.08.20251 BR55.01 398 600
14.08.20252 BR120.62 408 400
14.08.20252 BR108.82 098 800
14.08.20251 BR55.01 327 293
14.08.20251 BR55.01 342 000
14.08.20252 BR108.82 162 400
14.08.20252 BR120.62 497 824
14.08.20251 BR55.01 393 200
14.07.20252 BR121.02 505 458
26.05.20251 BR55.01 380 000
26.05.20251 BR77.11 534 500
24.04.20251 BR55.31 080 000
22.04.20251 BR55.31 400 000
14.04.20252 BR122.12 304 245
14.04.20251 BR55.01 389 564
09.04.20252 BR112.62 392 508
09.04.20252 BR108.82 263 971
09.04.20252 BR100.92 623 018
07.04.20252 BR128.62 577 602
26.02.20252 BR128.62 589 160
13.02.20252 BR112.62 312 814
30.01.20252 BR128.62 620 000
15.01.20251 BR77.11 200 000
15.01.20251 BR55.31 095 000
09.01.20252 BR108.82 069 458
09.01.20252 BR100.91 992 500
17.12.20241 BR55.01 110 000
17.12.20241 BR69.21 125 000

Dubai Land Department transaction registry, updated 06.11.2026. Explore Dubai property transactions →

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.

113deals since 2019
20 182AED per m², median
2%resale, the rest bought from the developer

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
1 bedroom551 220 00022 18247
2 bedrooms1132 271 52120 10261

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.

Estimate a unit in this building from DLD sales

Based on 50 registered DLD sales in The Waterway By Prestige One between 17 Dec 2024 and 2 Mar 2026: median 20 283 AED/m² (1 884 AED/sq ft); half of the deals fell between 19 359 and 24 175 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.

TypeIndicative priceDealsMedian AED/m²Median area, m²
1 BRAED 1 318 0002123 84255.3
2 BRAED 2 337 0002620 042116.6
Get an exact valuation

Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.

PDF shortlist · updated 27 October 2026

Meydan Horizon: new projects and prices

11 projects · prices from DLD and developers

  1. Mia Tower Mia Tower Meydan Horizon from AED 1,380,000
  2. Claydon House By Ellington Claydon House By Ellington Meydan Horizon · 1–4 BR from AED 1,489,000
  3. Parkway by Prestige One Parkway by Prestige One Meydan Horizon · 1–3 BR from AED 1,550,000

8 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

Your broker for this project

Elena Orlova

Elena Orlova

Senior Broker · Continental Club Property · RERA ORN 31933

Answers questions about The Waterway By Prestige One: current availability, payment plan, DLD registration. English and Russian.

How much is your property in The Waterway By Prestige One worth?

DLD has recorded 113 sales in this building since 2019, 2 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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The Waterway By Prestige One

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 One Developments and is active, with a recorded completion ratio of 14.73% as of 17 August 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 14.73%, based on an inspection dated 17 August 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 One Developments. 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.

Frequent questions

Who is the developer of The Waterway By Prestige One?
The developer is Prestige One Developments.
Where is The Waterway By Prestige One located?
The project is in Meydan Horizon, within Mohammed Bin Rashid City in Dubai’s Meydan and Bu Kadra sector.
What is the completion status of The Waterway By Prestige One?
The project is active and had a recorded completion ratio of 14.73% on 17 August 2026.
When is The Waterway By Prestige One scheduled to complete?
The scheduled completion date is 30 June 2027.
How many units are in The Waterway By Prestige One?
The development contains 115 units in one building.
What is the building configuration?
The building is configured as G+3P+16+Mechanical+Roof.
How far is Dubai Mall from Meydan Horizon?
The typical cited driving time to Dubai Mall is 14 minutes.
Which schools are near Meydan Horizon?
North London Collegiate School Dubai is cited at 1.8 km and Hartland International School at 2.1 km from Meydan Horizon.
How can I buy an apartment in The Waterway By Prestige One?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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