Kensington Waters
Kensington Waters Offered by Buy Dubai Off-Plan
Kensington Waters

Kensington Waters

by Ellington Properties in Mohammed Bin Rashid City View on map Completed

Starting price
AED 786,828
Payment plan
80/20
Handover
Q1 2025

โ‰ˆ โ‚ฌ 189,000

This project was completed in Q1 2025. The price shown is the original launch price. Availability is through the resale market. Contact us to ask what is currently for sale.

Project details

Starting price AED 786,828 โ‰ˆ โ‚ฌ 189,000 What will my monthly payments be?
Payment plan 80/20 80% during construction, 20% at handover
Handover Q1 2025 Completed
Bedrooms Studio
Property type
Apartment
Floor area
42 to 189 mยฒ
Project brochure
Free, with no obligation

The Kensington Waters brochure

Download the brochure for Kensington Waters van Ellington Properties in Mohd Bin Rashid City for free with all the information about this project.

  • Floor plans by property type
  • Full price list
  • Payment plan
Download the brochure

About Kensington Waters

  • Freehold residential project in the prestigious Meydan, MBR City

  • Wide choice of apartments: studios to 3-bedrooms

  • Favourable payment plan: 80% during construction, 20% on completion

  • Ideal location with excellent connections to key areas in Dubai

  • Luxury amenities including a semi-Olympic swimming pool and fitness studios

Kensington Waters at Mohammed Bin Rashid City (Dubai): Luxury homes by Ellington Properties

Kensington Waters is a new residential project developed by Ellington Properties, located in the sought-after Mohammed Bin Rashid Al Maktoum City. This project offers a collection of stylish studios and 1, 2, and 3-bedroom apartments, designed for a modern lifestyle. The building has 12 storeys and stands out for its luxurious appearance and extensive facilities. Residents can enjoy a hotel-like entrance, a clubhouse, a semi-Olympic swimming pool, and even electric vehicle charging points. The location is perfect for those who wish to live in the heart of Dubai, with quick access to key destinations such as Downtown Dubai and the airport. The project focuses on sustainability and wellbeing, making it an excellent choice for both investors and future residents. Completion is scheduled for the first quarter of 2025, with prices starting from AED 786,828. Kensington Waters promises a harmonious blend of comfort, convenience, and urban luxury.

Home types and layouts at Kensington Waters Mohammed Bin Rashid City (Dubai)

Kensington Waters offers a diverse range of homes, from compact studios to spacious 3-bedroom apartments. The areas range from 42.27 m2 to 189.06 m2, ensuring a suitable option for every need. The studios are ideal for singles or young couples, while the larger apartments are perfect for families. Each apartment is carefully designed with high-quality finishes and maximum space utilisation. Large windows provide abundant natural light and often offer views of the surrounding city or the world-famous Meydan Lagoon. The kitchens are equipped with modern appliances, and the bathrooms exude class with their elegant materials. The layout of the homes is designed so that residents can optimally enjoy privacy and comfort. This project is particularly suitable for those looking for a home that is both functional and stylish, in one of Dubaiโ€™s most dynamic districts.

About the developer Ellington Properties and the Kensington Waters design

The Kensington Waters project is being delivered by Ellington Properties, a renowned developer known for its attention to detail and quality. The building itself is an architectural masterpiece with 12 storeys and a faรงade that looks both modern and timeless. Ellington Properties works with Keller Williams, a globally recognised real estate company, which underlines the projectโ€™s reliability. The developer is known for its focus on sustainability and innovation, which is reflected in the energy-efficient facilities and green spaces within the complex. Residents get access to a wide range of facilities, including a fitness studio, a swimming pool, and play areas for children. The building is designed to foster a sense of community without compromising on privacy. With this combination of luxury, functionality, and sustainability, Ellington Properties aims to set a new standard for living in Dubai.

Prime location in Mohammed Bin Rashid City (Dubai) near key Dubai destinations

Kensington Waters is located in the heart of Mohammed Bin Rashid Al Maktoum City, one of Dubaiโ€™s most sought-after locations. The neighbourhood is known for its vibrant atmosphere and excellent connections to the rest of the city. Within just a 10-minute drive, you can reach Downtown Dubai and The Dubai Mall, while the airport is 20 minutes away. In the immediate vicinity, you will find Meydan Mall and the Meydan Racecourse, perfect for those who enjoy shopping and horse racing. The project borders the largest man-made lagoon in the world, providing a unique living experience. Thanks to the proximity of major highways and metro stations, travelling to other parts of the city is effortless. Whether you work in the Dubai International Financial Centre or enjoy going out in the Dubai World Trade Centre, everything is within easy reach. This location combines the best of urban living with peace and space, making it an ideal place to live and invest.

Flexible payment plan for Kensington Waters homes

The Kensington Waters payment plan is specially designed to offer investors and buyers maximum flexibility. Only 80% of the purchase price needs to be paid during the construction phase, with the remaining 20% due only upon completion. This makes the project financially attractive, especially for those who do not wish or are unable to pay the full amount immediately. Prices start from AED 786,828, depending on the type of home and its area. The plan is transparent and offers certainty, which is essential for off-plan investments. We are ready to guide you through the entire process, from the initial payment to the final handover. The payment plan is structured to minimise risk for buyers, while the potential for capital appreciation is significant. This makes Kensington Waters not only an excellent residential destination but also a smart investment in Dubaiโ€™s future.

Amenities

Payment plan for Kensington Waters

80%20%
80%
During construction, in instalments
AED 629,462
โ‰ˆ โ‚ฌ 151,000
20%
After handover
AED 157,366
โ‰ˆ โ‚ฌ 38,000

Monthly payments and your own funds

How much do you need for Kensington Waters, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 796

โ‰ˆ โ‚ฌ 190 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 629,462โ‰ˆ โ‚ฌ 151,100
Your funds at handover
AED 0โ‰ˆ โ‚ฌ 0
Mortgage at handover
AED 157,366โ‰ˆ โ‚ฌ 37,800
Purchase costs4% DLD fee and mortgage costs
AED 34,310โ‰ˆ โ‚ฌ 8,200
Total funds required
AED 663,773โ‰ˆ โ‚ฌ 159,300
Request finance guidance for Kensington Waters
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Floor plans

Photos of Kensington Waters

Location

Mohd Bin Rashid City, Dubai Downtown Dubai: 10 minutes (car) ยท Dubai International Airport: 20 minutes (car)
Open in Google Maps

Travel times from Kensington Waters

  • Downtown Dubai: 10 minutes (car)
  • Dubai International Airport: 20 minutes (car)
  • Dubai International Financial Centre (DIFC): 15 minutes (car)
  • Dubai World Trade Center: 15 minutes (car)
  • Meydan Mall: 03 minutes (car)
  • Meydan Racecourse: 05 minutes (car)
  • The Dubai Mall: 10 minutes (car)

About Ellington Properties

Ellington is a leading developer in Dubai, specialising in off-plan property projects that focus on quality and innovation. On this page, you will find a complete overview of all current and future projects by Ellington. Whether you are looking for a luxury apartment in a vibrant neighbourhood or a quiet villa in an exclusive community, Ellington offers diverse options. Their projects vary in size, from compact 45 m2 studios to spacious 250 m2 penthouse suites. Prices start from AED 1,200,000, with payment plans tailored to investors. By choosing an off-plan project from Ellington, you are investing in a developer with a proven track record and a clear future perspective.

Since its founding, Ellington has developed into one of the most reliable property developers in Dubai. With a focus on sustainability and aesthetics, the company has delivered several iconic projects, such as the well-known residential tower "The Sterling" in Dubai Marina. The developer has won several awards, including the Arabian Property Award for Best Residential Development. What sets Ellington apart is its long-term vision: projects are not just built for immediate returns, but with an eye for long-term value development. Thanks to its experience and expertise, Ellington knows exactly what investors and residents look for in a home, which is reflected in every new off-plan project.

All projects by Ellington Properties

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.