Limited availability
241 Waterside on Dubai Islands
Ultra-limited waterfront residences — just 63 homes with curated interiors, premium brands, and strong investment potential on Dubai Islands.
STARTING PRICE
AED 1.88M
PAYMENT PLAN
45/55
HANDOVER
Q1 2028
ROI POTENTIAL
~6-8%
About the Project
Overview of 241 Waterside
241 Waterside is a G+2P+8+R development with 63 freehold residences on the Dubai Islands waterfront. The project offers Sky Lofts, 2-bedroom, 2-bedroom + Maid, and 3-bedroom homes from 880 to 1,583 sq.ft, fitted with GESSI, Miele, smeg, and Technogym. Dubai Islands spans five islands with 21 km of beaches, 86 resorts, 9 marinas, and two championship golf courses.
Dubai Islands Beach — 3 min
Dubai Creek — 10 min
Dubai International Airport (DXB) — 15 min
Dubai International Financial Centre — 15 min
Downtown Dubai — 20 min
Dubai Marina — 30 min
Project Details
Starting Price
AED 1.88M
Handover
Q1 2028
Payment Plan
45/55
Area
From 880 to 1,583 sq.ft
Property Type
Sky Lofts, Apartments
Bedrooms
Sky Loft, 2-3BR
Developer
Legacy Star Real Estate Development
Location
Dubai Islands, Dubai
Signature Features & Wellness-Focused Amenities
241 Waterside offers a compact, high-spec amenity stack designed for a 63-unit boutique building: indoor and outdoor Technogym-equipped gyms, yoga areas, swimming pools, a residents’ lounge, and landscaped courtyards and terraces. The low-density scale ensures real usability and more privacy than large tower projects on Dubai Islands.
- Swimming pools
- Indoor gym
- Outdoor gym
- Yoga areas
- Residents lounge
- Landscaped courtyard
Property Types
Residences at 241 Waterside include Sky Lofts and 2–3 bedroom layouts from 880 to 1,583 sq.ft.
Property Type
Living Area
Starting Price
2-BR Apartments + Maid
1,509 sq ft
Upon Request
3 Bedroom Apartments
1,635 sq ft
Upon Request
Signature Sky Loft
1,246 sq ft
Upon Request
Sky Loft
867 sq ft
Upon Request
45/55 Payment Plan
The payment plan for 241 Waterside offers high financial leverage with a substantial 55% final payment on handover.
10%
On Booking
35%
During Construction
55%
On Handover
(Q1 2028)
Investment Potential
With only 63 units and a waterfront site, 241 Waterside enters Dubai Islands during a confirmed growth upswing: off-plan prices rose 7% between 2024 and Q1 2025, reaching an average AED 2,762/sq.ft by Q3 2025. The 55% final payment maximises leverage, while starting prices from AED 1.88M sit below district benchmarks — creating strong upside ahead of the Q1 2028 handover.
As of 2025:
- Ultra-limited stock driving strong resale demand
- Attractive 55% final payment maximising investor liquidity
- Affordable entry from AED 1.88M for Sky Lofts
- Dubai Islands showing strong growth: 7% quarterly price increase (Q1 2025)
- Freehold ownership for all nationalities
- Eligibility for Investor & Golden visas subject to investment thresholds
Flexible Financing Options
Buying an off-plan property or a ready-to-move-in home? Maximise your buying power with competitive mortgage options tailored to your needs.
- Secure a mortgage during construction to maximize leverage
- Combine developer payment plans with tailored bank financing
- Get pre-approved in as little as 3 days
- Conventional and Sharia-compliant financing available
- No hidden fees or added costs
Gallery
Exteriors
Interiors
Living on Dubai Islands
Dubai Islands is the newest waterfront district of Dubai — a five-island destination with 21 km of beaches, 86 resorts, nine marinas, two golf courses, and a masterplan designed for long-term growth. With seamless mainland access, green spaces, and a rising residential market, it stands as one of Dubai’s strongest emerging communities.
Living on Dubai Islands
Dubai Islands is the newest waterfront district of Dubai — a five-island destination with 21 km of beaches, 86 resorts, nine marinas, two golf courses, and a masterplan designed for long-term growth. With seamless mainland access, green spaces, and a rising residential market, it stands as one of Dubai’s strongest emerging communities.
Vibrant Coastal Lifestyle
Urban convenience, waterfront calm
- Dubai Islands Beach
- Dubai Creek
- Nearby marinas and promenades
- Quick access to Downtown and DXB Airport
Premier Healthcare
Trusted medical care close by:
- Rashid Hospital
- Medcare Hospital - Deira
- Aster Hospital - Al Qusais
- Saudi German Hospital - Deira
Elite Education
Well-established schools close to home:
- GEMS Wellington International School
- Deira International School
- Dubai National School
- Cambridge International School
About the Developer
Legacy Star Development is a Dubai-based real estate developer specialising in mid-rise residential projects with branded interiors and contemporary architecture. The company focuses on limited-inventory buildings in emerging growth areas and delivers homes equipped with high-spec European appliances and modern material standards. 241 Waterside is the developer’s flagship waterfront project on Dubai Islands.
FAQs About 241 Waterside
Where is 241 Waterside located?
241 Waterside sits on the waterfront of Dubai Islands, a district entering an early growth cycle with improving infrastructure and fast access to DXB Airport (15 min), Downtown (20 min), and Dubai Creek (10 min).
Who is the developer of 241 Waterside?
241 Waterside is developed by Legacy Star Real Estate Development, a Dubai-based boutique developer known for contemporary mid-rise residential projects with curated interiors and branded specifications. The company focuses on limited-inventory buildings in growth-stage districts, positioning 241 Waterside as its flagship waterfront launch on Dubai Islands.
What types of residences are available at 241 Waterside?
A curated mix of Sky Lofts (880–1,423 sq.ft), 2BR (953–986 sq.ft), 2BR + Maid (1,467–1,508 sq.ft), and 3BR layouts (1,583 sq.ft), reflecting a low-density inventory of just 63 units.
What is the starting price at 241 Waterside?
Sky Lofts start at AED 1.88M; 2BR from AED 2.189M; 2BR + Maid from AED 2.768M; 3BR from AED 3.188M — competitive vs. Dubai Islands’ Q3 2025 average of AED 2,762/sq.ft.
What payment plan does 241 Waterside offer?
A leverage-heavy 10/10/25/55 plan with a 55% final payment, reducing upfront capital exposure and aligning with investor demand.
When is 241 Waterside scheduled for handover?
The project is set for Q1 2028, placing it among the earlier deliveries in Dubai Islands’ development timeline.
What rental yields can investors expect at 241 Waterside?
Dubai Islands shows 7% quarterly price growth (2024 → Q1 2025). Waterfront stock in similar districts historically achieves 6–8% rental yields; trajectory suggests comparable performance as supply remains limited.
Can international buyers purchase property at 241 Waterside?
Yes — the project is located in a full freehold zone open to all nationalities.
Can I obtain a residency visa by purchasing at 241 Waterside?
Yes — eligibility depends on investment thresholds (AED 750K+ for a 2-year visa; AED 2M+ for a 10-year Golden Visa).
What amenities are available at 241 Waterside?
A focused amenity suite: swimming pools, indoor/outdoor gyms with Technogym equipment, yoga areas, a residents’ lounge, landscaped courtyards, and terraces.
Are there healthcare facilities nearby?
| Yes — Deira and Al Mamzar offer multiple hospitals and clinics within a short drive, serving the northern part of the city. |
Are there schools nearby?
Schools and nurseries in Deira, Mamzar, and nearby districts provide accessible options for families. 241 Waterside has many schools nearby including The Elite English School, Sabari Indian School, Al Ittihad Private School Mamzar, Little Flower English School.
Is Dubai Islands a good place to live?
Yes — with 21 km of beaches, developing marinas, future resorts, and rising price benchmarks, Dubai Islands is positioned as Dubai’s next high-growth coastal zone.
DLD Verified
RERA Information
This project has been verified in partnership with the Dubai Land Department's (DLD) Real Estate Regulatory Agency (RERA)
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