Prestige One Developments · Meydan Horizon

The Waterway

Apartments

Starting from

AED 1,700,000

Bedrooms: On request
Size: On request
Payment plan: On request
Completion: 1%
Available: On request
Handover: Q2 2027

About The Waterway

Waterfront Design Concept

The Waterway by Prestige One is a G+20 residential tower comprising 115 units, positioned directly alongside a crystal lagoon in Meydan Horizon, part of the wider Mohammed Bin Rashid City masterplan. The building is a single-tower development with a concrete structure and internal and external finishes, currently under construction with the developer reporting 53% completion as of the latest DLD update.

Interiors draw on a minimalist aesthetic inspired by Japanese design principles, with spacious room layouts, porcelain and marble flooring, engineered stone countertops, and laminate joinery specified across apartments, lobbies, and corridors. The material palette is consistent throughout, from the grand entrance lobby to the typical residential floors.

Amenities & Recreation

The building's amenity offering is concentrated on the rooftop level, featuring a rooftop swimming pool with balcony access, a double-height rooftop gym, a rock climbing wall with dedicated men's and women's changing rooms, and a rooftop BBQ and lounge area. An outdoor cinema and two outdoor lounges with water features round out the recreational spaces.

At ground level, the grand lobby entrance incorporates water features, extending the waterfront theme of the project's location into the arrival experience for residents.

Developer Track Record

The Waterway is developed by Prestige One, a Dubai-based developer active in the market since 2007 with a stated multi-billion-dirham investment record in real estate. The company focuses on high-end residential developments, positioning its projects around quality finishes and modern design rather than large-scale masterplanned communities.

Prestige One markets this project as a boutique waterfront tower rather than a multi-building scheme, with the single G+20 building housing all 115 units within Meydan Horizon.

Investment Case

Meydan Horizon sits within Mohammed Bin Rashid Al Maktoum City, a masterplan spanning 185.5 hectares with over 39 million sq ft of developable area, positioning The Waterway inside one of Dubai's larger ongoing growth corridors. Proximity to Ras Al Khor and the crystal lagoons gives the tower water views uncommon among inland Dubai developments.

Buyers benefit from Dubai's tax-free property environment and eligibility considerations under the UAE Golden Visa programme for qualifying investments, a factor increasingly weighed by both end-users and investors evaluating off-plan purchases in the emirate.

Key highlights

G+20 tower with 115 units in a single building
Direct position beside a crystal lagoon in Meydan Horizon
Rooftop pool, gym, rock climbing wall and BBQ lounge
Handover scheduled for Q2 2027
Escrow held with Emirates NBD
Developer active since 2007 with multi-billion-dirham portfolio

Why this project

G+20 waterfront tower of 115 units set beside a crystal lagoon in Meydan Horizon, Mohammed Bin Rashid City.

Amenities

•Rooftop swimming pool
•rooftop gym (double height)
•rock climbing wall
•men's and women's changing rooms
•rooftop BBQ and lounge area
•grand lobby with water features
•outdoor cinema
•outdoor lounges with water features

Location

Meydan Horizon Connectivity

The Waterway sits within Meydan Horizon, reachable via Al Khail Road and Ras Al Khor Road, both of which connect to Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. This road network places Downtown Dubai, Dubai Design District, and Business Bay within a short drive.

Dubai International Airport is accessible via the same arterial roads, making the location practical for residents who travel frequently or let units to short-stay tenants.

Nearby Landmarks

The project neighbours the Ras Al Khor Wildlife Sanctuary, a mangrove and lagoon habitat known for migratory flamingos, and sits near Meydan Racecourse, home to the Dubai World Cup, and the upcoming Meydan One Mall. Downtown Dubai's Burj Khalifa and Dubai Mall are within the surrounding road network described above.

Project information

Developer: Prestige One Developments
Location: Meydan Horizon
Handover: Q2 2027
Total units: 115
RERA Escrow: Emirates NBD Bank (P.J.S.C.)
DLD Project #: 3198

DLD-verified today

Project intelligence

Construction timeline. DLD resale and rent analytics will populate as this community matures.

The Waterway — handover progress

LaunchNov 2024

Today15mo to handover

HandoverQ2 2027

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Frequently asked questions about The Waterway

Where is The Waterway by Prestige One located?

It is located in Meydan Horizon, part of the Mohammed Bin Rashid City masterplan, next to a crystal lagoon and near Ras Al Khor and Downtown Dubai.

How many units and floors does the project have?

The Waterway is a single G+20 building comprising 115 apartments.

Who is developing The Waterway?

The project is developed by Prestige One Developments, a Dubai-based developer active since 2007.

When is the handover date?

The project's registered end date with the DLD is June 30, 2027.

What is the construction status of the project?

As of the latest DLD update, the project is under construction with 53% completion reported.

What amenities does The Waterway offer?

Rooftop swimming pool, double-height gym, rock climbing wall, BBQ and lounge area, outdoor cinema, and a grand lobby with water features.

Which bank holds the project's escrow account?

Emirates NBD Bank (P.J.S.C.) holds the escrow account for this project.

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