The Waterway, Bukadra: Apartments from AED 1.13M with a 20% Entry Point
The Waterway is a residential apartment development by Prestige One Developments, located in Bukadra, one of Dubai's emerging mid-ring communities. It offers one- and two-bedroom apartments with a structured off-plan payment schedule and a handover target of June 2027.
Bukadra: What the Location Means in Practice
Bukadra sits in the southern arc of Dubai's residential expansion, between the established nodes of Al Quoz and Dubai Silicon Oasis. For a buyer, that positioning means two things. First, you are not paying the premium of a waterfront or Downtown address. Second, you are within reasonable reach of Sheikh Zayed Road and Al Khail Road, which makes commutes to Business Bay, Downtown, and Dubai International Airport manageable.
The district is still maturing. Infrastructure and retail options are thinner than in more established areas, but land costs and property prices reflect that.
What AED 1.13M to AED 1.84M Gets You Here
The price range spans AED 1,136,822 at the low end to AED 1,837,734 at the top. That is a spread of roughly AED 700,000, and it reflects the gap between the project's two bedroom configurations rather than quality tiers within a single type.
The one-bedroom units start at AED 1,136,822 and range from 592 to 1,336 sq ft. The size variation is notable. A 592 sq ft one-bedroom is a compact urban apartment suited to a single professional or buy-to-let investor. A 1,336 sq ft one-bedroom is a different proposition entirely: more space than many two-bedroom apartments in comparable buildings, which makes it attractive to buyers who want a larger footprint without the price jump to a second bedroom.
The two-bedroom units start at AED 1,837,734 and run from 957 to 2,382 sq ft. That upper end, at 2,382 sq ft, is a large format apartment by any standard. A buyer at that price point is likely looking for space rather than a pure investment yield play, or is comparing against villa alternatives in the same budget range.
Amenities: Functional, Family-Oriented
| Category | Amenities |
|---|---|
| Fitness & Wellness | Gymnasium, Shared Pool |
| Social & Dining | Leisure Lounge, Cafe and Restaurants |
| Family | Children's Play Area |
Five amenities is a lean list, but the selection is coherent. The combination of a cafe, leisure lounge, and pool points to a project targeting residents who want convenience on-site without the complexity of a resort-style amenity deck. The children's play area indicates the developer expects families, not just investors, to occupy these units. A gymnasium and pool cover the core wellness requirements most residents actually use.
Off-Plan Timeline: June 2027 Completion
Construction broke ground in July 2024. The expected handover date is June 2027, roughly three years from start to finish. For a buyer entering now, that means approximately 23 months of remaining construction period before delivery.
The bulk of the payment (45%) falls during the construction phase, so buyers need to account for staged capital outflow over the next two years. A 2027 handover gives the Bukadra area more time to develop the surrounding infrastructure.
Getting In for 20%: The Payment Structure
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 45% |
| On handover | 35% |
A 20% down payment is in line with the Dubai off-plan market standard. It is not the aggressive 5–10% entry that some developers offer on headline launches, but it is a reasonable ask for a project already under construction. The 45% construction-linked schedule spreads the bulk of the cost over the build period, which gives buyers time to manage liquidity. The final 35% at handover is the largest single payment outside the construction phase, due by mid-2027.