4BR + Maid Villa with Private Pool in The Watercrest, MBR City at OP

Property Overview

This 4-bedroom villa with a maid's room is in The Watercrest by Ellington, Mohammed Bin Rashid City. It is an off-plan resale at AED 13,000,000, which is the same as the stated original purchase price. The agent gives a built-up area of 4,885 sq ft on a 4,152 sq ft plot, which works out to about AED 2,661 per sq ft. The villa has three levels (G+2), a private pool and lagoon access. It is on a 70/30 payment plan with 55% paid, and handover is stated for Q1 2028.

Property Highlights

• Property type: Villa
• Bedrooms: 4 plus maid's room
• Built-up area: 4,885 sq ft (agent-stated)
• Plot size: 4,152 sq ft (agent-stated)
• Levels: G+2 (agent-stated)
• Private pool and lagoon access (agent-stated)
• Asking price: AED 13,000,000
• Original purchase price: AED 13,000,000 (agent-stated)
• Calculated rate: about AED 2,661 per sq ft of BUA
• Payment plan: 70/30 with 55% paid (agent-stated)
• Handover: Q1 2028 (agent-stated)

Why This Is Listed as an At-OP Deal

The asking price matches the agent-stated original purchase price of AED 13,000,000, so the buyer pays no premium over OP. When the seller bought, they also paid a Dubai Land Department fee. At the standard 4% rate that comes to about AED 520,000, and the seller does not get it back at this price. This DLD figure is a DPF calculation, not a figure from the seller's documents.

This is not a below-OP deal, and DPF makes no claim about how the price compares with the market. Buyers should confirm the original price on the SPA. They should also budget for their own transfer costs: the DLD fee on this sale, Ellington's NOC fee and agency fees.

About the Project, Developer and Community

The Watercrest is an Ellington Properties villa and townhouse community in District 11, Mohammed Bin Rashid City. It sits within The Sanctuary, a gated area planned around lagoons. Published project information describes 3-bedroom townhouses and villas and 4-bedroom standalone villas, with the 4-bedroom villas listed at up to about 4,885 sq ft. Listed amenities include landscaped parks, pools, a gym, children's play areas, barbecue areas, wellness spaces and gated security.

Layout, Plot and Features

The agent states a G+2 villa with 4,885 sq ft of built-up area on a 4,152 sq ft plot. The built-up area is larger than the plot because the floor space is spread over three levels. The agent also states a private pool and lagoon access. The bathroom count, parking, orientation and which lagoon frontage the plot has were not supplied. Buyers should confirm these from the SPA, the floor plans and the site plan.

Payment Plan and Handover

The agent states a 70/30 plan with 55% paid. On the AED 13,000,000 price, 55% is about AED 7,150,000, which would leave about AED 5,850,000 still owed to Ellington. These are DPF calculations. The agent gives Q1 2028 for handover. Published project information shows an earlier target of Q3 2027, so buyers should ask Ellington for the current date. Buyers should also confirm the exact amounts paid and outstanding, the instalment schedule and the NOC terms from the SPA and the Ellington statement of account.

Location and Connectivity

District 11 in Mohammed Bin Rashid City is close to Meydan and Al Khail Road, with road access towards Downtown Dubai and Business Bay. Travel times vary with traffic and route.

Verification Notes

• Agent-supplied facts: 4 bedrooms plus maid, BUA, plot size, G+2, private pool, lagoon access, OP and asking price of AED 13,000,000, 70/30 plan, 55% paid and Q1 2028 handover.
• DPF-calculated figures: about AED 2,661 per sq ft; estimated 4% DLD of AED 520,000; about AED 7,150,000 paid and AED 5,850,000 remaining.
• External project research: developer, location, unit range, amenities and published handover target from project information.
• Not verified: SPA price, current handover date, bathrooms, parking and lagoon frontage.