
Ellington Properties · Dubai
Kensington Waters
Mohammed Bin Rashid City (MBR City), Meydan, Dubai
Bedrooms
Studio – 3 Bed
Type
Apartment
Payment Plan
15% on booking, 5% at 60 days, 5% at 120 days, 5% at 20% construction, 5% at 30% construction, 5% at 40% construction, 5% at 50% construction, 5% at 60% construction, 50% on completion
Handover
Anticipated Q1 2024 (a past-due target date; confirm current status with a PropSentral advisor)
Payment Plan
Down Payment
On booking
2nd Payment
60 days after reservation
3rd Payment
120 days after reservation
Construction 20%
On milestone
Construction 30%
On milestone
Construction 40%
On milestone
Construction 50%
On milestone
Construction 60%
On milestone
Final Payment
On Completion
Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.
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Studio (Tower A)
From AED 786,828, 460–478 sq ft (20 units)
1 Bedroom (Tower A)
From AED 1,279,828, 823–909 sq ft (88 units)
2 Bedroom (Tower A)
From AED 1,856,828, 1,235–1,768 sq ft (44 units)
1 Bedroom (Tower B)
From AED 1,282,828, 824–915 sq ft (58 units)
3 Bedroom (Tower B)
From AED 2,324,828, 1,608–2,033 sq ft (23 units)
Total Units
277 across Tower A + Tower B
Anticipated Completion
Q1 2024 (past-due; confirm current status)
Unit Sizes
At a Glance
- Twin-tower development by Ellington Properties in MBR City, Meydan
- 277 units combined (Tower A: Studio-2BR; Tower B: 1BR-3BR)
- Semi-Olympic 25m lap pool, 20m leisure pool, kids’ wet deck
- Pavilion clubhouse with dining/lounging areas, zoned fitness centre
- Bike studio, 4 retail stores, hotel-like drop-off
- Studio from AED 786,828 through 3 Bedroom from AED 2,324,828
- Anticipated Q1 2024 completion — confirm current status directly
About this project
"Discover a New Wave of Living" — Kensington Waters is a twin-tower development by Ellington Properties in Mohammed Bin Rashid City, Meydan, 12 residential floors + pavilion + ground floor + basement. Tower A: 20 studios (460–478 sq ft, from AED 786,828), 88 one-bedroom (823–909 sq ft, from AED 1,279,828) and 44 two-bedroom (1,235–1,768 sq ft, from AED 1,856,828). Tower B: 58 one-bedroom (824–915 sq ft, from AED 1,282,828), 44 two-bedroom (1,181–1,770 sq ft, from AED 1,774,828) and 23 three-bedroom (1,608–2,033 sq ft, from AED 2,324,828) — 277 units combined. Amenities include a semi-Olympic 25m lap pool, a 20m leisure pool, a kids’ wet deck, a zoned fitness centre, a pavilion clubhouse with dining/lounging areas, a bike studio, and 4 retail stores. Freehold, AED 14/sq ft anticipated service charge. The source states an anticipated completion of Q1 2024 — now well in the past — but no dedicated handover document confirms current status.
Interior, fully-furnished — click to enlarge
Amenities
Wellness & Fitness
- Semi-Olympic Lap Pool (25m x 5m)
- Leisure Pool (20m x 7m)
- Zoned Fitness Center
- BBQ & Yoga Areas
Family & Kids
- Kids’ Wet Deck & Splash Pad
Dining & Social
- Pavilion Clubhouse (Dining & Lounging)
Lifestyle & Comfort
- Bike Studio with Workshop
- Retail Stores (4)
- EV Charging Stations
- Hotel-Like Drop-Off Area
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
Twin-Tower Pricing Table — Verified Visually
This project’s own "Investor Factsheet" pricing table (Tower A / Tower B, each with its own unit-type/count/starting-price columns) was verified by rendering the exact page as an image, confirming the mapping used here exactly matches the plain-text extraction — unlike several other twin-tower Ellington projects this session, no row-shift error occurred here.
- Tower A Studio: 20 units, from AED 786,828 (verified visually)Source: Kensington Waters Investor Factsheet, rendered page image
- Tower B 3 Bedroom: 23 units, from AED 2,324,828 (verified visually)Source: Kensington Waters Investor Factsheet, rendered page image
Completion Status — Anticipated Date Has Passed, Not Confirmed
The Investor Factsheet states "Anticipated Completion Date Q1 2024" — well in the past. As with sibling project Harrington House, this project’s own image set consists exclusively of CGI renders (all files dated 2021, standard pre-construction marketing convention) — no genuine dated photography exists in the source to confirm actual handover. Presented as 'off-plan' with the past-due date flagged transparently rather than assumed completed.
Imagery
Two genuine renders (not real photography — see completion-status note above) from the source folder’s own dedicated "Photos.zip": a daytime elevation of both towers with visible "KW Kensington Waters" branding on the central pavilion, and the leisure pool overlooked by the pavilion clubhouse and fitness centre.
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
About the Developer
Ellington Properties
Ellington Properties is a Dubai-based boutique developer founded in 2014 by Robert D. Booth (former Managing Director of Emaar Properties), known for design-focused residential developments across a wide spread of Dubai communities including JVC, Dubai Hills-adjacent areas, Downtown Dubai, Palm Jumeirah, Jumeirah Lake Towers, Mohammed Bin Rashid City and Emirates Hills.
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Starting from
AED 787K
15% on booking, 5% at 60 days, 5% at 120 days, 5% at 20% construction, 5% at 30% construction, 5% at 40% construction, 5% at 50% construction, 5% at 60% construction, 50% on completion · Handover Anticipated Q1 2024 (a past-due target date; confirm current status with a PropSentral advisor)
Dubai — Market Yield Range
5% – 12.5% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
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Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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