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ELLINGTON PROPERTIES DEVELOPMENT L.L.C

The Watercrest Villas by Ellington

Under Construction · Date not reported|84 villas
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The Watercrest Villas by Ellington is an under-construction community by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Mohammed Bin Rashid City, comprising 84 registered villas. 81 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,954 per sqft. At AED 2,954 per sqft, The Watercrest Villas by Ellington prices 3% above the Mohammed Bin Rashid City median of AED 2,879 per sqft on registered sales.

PIX© price · ↑5.6% YoY
11.80MAED
Typical
2,954AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
81
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Browse the tracked homes, or select a position in any table below, to follow one through every registered owner and tenant.

Type
Bedrooms
Houses with a record
…

4 Bed

Size
Record
Jan 2026 to Apr 2026
Owners
2
Tenants
0
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
2Owner 227 Apr 20265 mo
Current owner
1Owner 19 Jan 20264 mo
PIX© Airbnb Calculator

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The Watercrest Villas by Ellington

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoY
PIX© Core
Project-Wide
2,001 - 4,058 sqft
8411.80M2,954↑5.6%
Residential
3 Bed · Villa
2,001 - 3,254 sqft
22
4 Bed · Villa
4,042 - 4,058 sqft
20
Villa (Bedrooms Unknown)
2,001 - 4,058 sqft
42
Land
Land
383,977 sqft
----
No rental contracts registered - the project has not handed over.
Sales - Project-Wide81 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsSizePricePSFvs Prior SaleTierType
13 Jul 2026Beds TBC2,0017,277,8283,636-PremiumOff-Plan Sale
8 Jul 2026Beds TBC4,05812,499,8283,081-StandardOff-Plan Sale
3 Jul 2026Beds TBC2,0016,804,8283,400-PremiumOff-Plan Sale
Rentals - Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

Common questions about The Watercrest Villas by Ellington

Answered from Dubai Land Department registered transactions.

How much does a property in The Watercrest Villas by Ellington cost?

Property in The Watercrest Villas by Ellington sells at a current PIX© price of AED 2,954 per sqft, or about AED 11,800,077 for a typical unit, based on 81 sales registered with the Dubai Land Department.

When is The Watercrest Villas by Ellington handing over?

The Watercrest Villas by Ellington is under construction in the Dubai Land Department project register. No handover date is on record.

Who is the developer of The Watercrest Villas by Ellington?

The Watercrest Villas by Ellington is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many villas are in The Watercrest Villas by Ellington?

The Watercrest Villas by Ellington holds 84 registered villas, per the Dubai Land Department unit register.

Have prices in The Watercrest Villas by Ellington gone up or down?

Price per sqft has risen +5.6% over the last 12 months, to AED 2,954, across 81 registered sales.