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The Waterway by Prestige One is a waterfront residential building in Meydan Horizon, part of Mohammed Bin Rashid City. Residents have direct lagoon access, landscaped leisure spaces and water focused social facilities, and the apartments include private balcony pools. Modern architecture and spacious interiors make it a fit for buyers who want a home on the water within a short drive of Dubai's central business districts.
The Waterway Meydan is planned as a G+4P+17+R tower, which means a ground floor, 4 podium levels, 17 upper residential floors and a rooftop. Retail units inside the building give residents shops and services without leaving home, and Prestige One publishes construction updates for the project so buyers can track progress during the build.
Prestige One Developments is a Dubai based developer with its office at Marina Plaza, Dubai Marina, and it is part of Prestige Holding Group, a business group established in 1968. Founder and CEO Ajmal Saifi leads the company with Vice Chairman Sulaiman Saifi. The group started investing in Dubai real estate in 2007, moved into land acquisitions across freehold communities in 2018 and launched its first developments in 2023. Its first handovers came in 2026 with Vista by Prestige One in Dubai Sports City and The Residence by Prestige One in Jumeirah Village Circle. The company has more than 30 projects in development with over 6,000 residential and commercial units, and won 2 Arabian Property Awards 2026/27 for its Hilton branded residences in Dubai Maritime City.
Meydan Horizon is part of Meydan City inside Mohammed Bin Rashid City, a central district of Dubai.
The district is bordered by Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road and Al Khail Road.
The community is planned around crystal lagoons, parks and walking promenades.
Meydan One Mall is 3 minutes away and the Meydan Racecourse District is 8 minutes away.
Ras Al Khor Wildlife Sanctuary is about 5 minutes from the community.
Business Bay Metro Station is the nearest rail link, reached by road.
It is a freehold area, so buyers of any nationality can own property outright.
Prestige One has 4 projects here: The Waterway, Parkway, Sanctuary Residences and Sanctuary Hive.
The Waterway moves from launch to handover in about 3 years, a short holding period for investors who plan to resell or lease once the tower is complete. The larger share of the price is paid during construction, so end users should arrange the balance due at completion through savings or a mortgage ahead of handover. Off plan purchases in Dubai are registered with Dubai Land Department under the Oqood system, and buyers pay the 4 percent Dubai Land Department transfer fee on the purchase price, which should be added to the total budget. Prestige One delivered its first 2 projects in 2026, and The Waterway is one of 4 projects the developer is building in Meydan Horizon.
| Feature | The Waterway | Horizon Apartments |
|---|---|---|
| Developer | Prestige One Developments | Prestige One Developments |
| Community | Meydan Horizon, MBR City | Meydan Horizon, MBR City |
| Setting | Beside the crystal lagoons | Next to Meydan Racecourse, opposite Ras Al Khor Wildlife Sanctuary |
| Unit Types | 1 and 2 bedroom apartments, retail | 1 and 2 bedroom apartments |
| Building | G+4P+17+R | Not announced |
| Starting Price | On request | AED 1.2 Million |
| Payment Plan | 20/45/35 | Not announced |
| Signature Features | Direct lagoon access, private balcony pools, double-height lobby | Panoramic windows, high ceilings, open-plan layouts, covered parking |
| Key Amenities | Rock climbing wall, rooftop BBQ lounge, rooftop sunset area | Jogging track, kids' play area, landscaped gardens, dining and retail outlets |
| Business Bay | 10 minutes | 10 minutes |
| Downtown Dubai | 12 minutes | 10 minutes |
| Dubai International Airport | 18 minutes | 20 minutes |
| Palm Jumeirah | 25 minutes | 20 minutes |
Families at The Waterway Meydan have international schools and major hospitals within a short drive.
Open spaces include swimmable lagoons, a golf course and a protected wetland.
Times are by car unless marked as a walk.
| Category | Place | Travel Time |
|---|---|---|
| Schools | Hartland International School | 5 minutes |
| North London Collegiate School Dubai | 5 minutes | |
| Repton School Dubai | 10 minutes | |
| Hospitals | Mediclinic City Hospital | 10 minutes |
| Al Jalila Children's Specialty Hospital | 10 minutes | |
| Fakeeh University Hospital | 12 minutes | |
| Parks | Horizon Crystal Lagoons | 2-minute walk |
| Ras Al Khor Wildlife Sanctuary | 5 minutes | |
| Meydan Golf | 5 minutes |
Waterway apartments in Meydan Horizon come in 1 bedroom and 2 bedroom layouts with spacious, open living plans. The homes are on the 17 upper residential floors above the 4 podium levels. The 1 bedroom layouts give a compact option for single owners and couples, while the 2 bedroom layouts add a second room for a growing family or a home office.
Residents get a swimming pool, a double height Prestige One Fitness gym, a rock climbing wall and separate men’s and women’s changing rooms, so daily workouts and sport stay inside the building. The rooftop has a BBQ and lounge area plus a sunset area for evenings with family and guests. The building also has outdoor lounges with water features and a grand entrance lobby with its own water features, so the project’s water theme continues from the arrival area into the shared leisure spaces.
From The Waterway Meydan Horizon, Business Bay is 10 minutes away, Downtown Dubai and the Burj Khalifa 12 minutes, and Dubai Design District and DIFC 15 minutes. Dubai International Airport and the Museum of the Future are 18 minutes away, Jumeirah Beach 20 minutes, and Dubai Marina, Dubai Marina Mall and Palm Jumeirah 25 minutes. Meydan City has road links to Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road and Al Khail Road, which connect residents to the city’s main business districts and the coast. For daily shopping, Meydan One Mall is 3 minutes from the community.
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Content Reviewed By: Vikas Taneja-RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
The Waterway is in Meydan Horizon within Meydan City, part of Mohammed Bin Rashid City in Dubai. The building is on the community's lagoon front, close to Ras Al Khor Wildlife Sanctuary, which is about 5 minutes from Meydan Horizon.
The Waterway is developed by Prestige One Developments, the real estate company led by Founder and CEO Ajmal Saifi and part of Prestige Holding Group. It has more than 30 projects in development, including 4 in Meydan Horizon.
Buyers pay 20% on booking and 45% during construction, which makes 65% before handover. The remaining 35 percent is paid on completion, so the plan follows a 65/35 structure across the build.
Handover of The Waterway is planned for June 2027. Prestige One publishes construction updates for the project, so buyers can follow site progress from booking through to completion and the handover of keys.
Families living at The Waterway Meydan Horizon have 3 international schools nearby: North London Collegiate School Dubai, Hartland International School and GEMS Wellington Academy Al Khail, all covering early years through secondary education.
Residents of The Waterway have 3 hospitals nearby: Mediclinic City Hospital, American Hospital Dubai and Fakeeh University Hospital, all private hospitals with emergency care and specialist departments for families living in Meydan Horizon.
Yes. Meydan Horizon is in a designated freehold area of Dubai, so buyers of any nationality can own apartments here outright, with ownership registered in their own name with Dubai Land Department.
It can, if the purchase meets the value threshold. Owners of Dubai property valued at AED 2 million or more can apply for the 10 year UAE Golden Visa, so the price of the unit decides eligibility.
Limited Period: Free DLD Waiver on select units