241 Waterside on Dubai Islands

241 Waterside is a boutique waterfront development by Legacy Star Real Estate Development on Dubai Islands, comprising just 63 freehold residences across a G+2P+8+R building. It offers Sky Lofts, 2-bedroom, 2-bedroom+Maid, and 3-bedroom layouts ranging from 880 to 1,583 sq.ft. The project is designed as a low-density, high-specification alternative to the large tower developments on Dubai Islands.

Prices at 241 Waterside start from AED 1,880,000, with entry-level Sky Loft units representing the most accessible price point. This starting price sits below the Dubai Islands district average of AED 2,762 per sq.ft recorded in Q3 2025, offering buyers a below-benchmark entry into a confirmed growth corridor. Freehold title is available to all nationalities.

241 Waterside offers a 45/55 payment plan, meaning buyers pay 45% during construction and the remaining 55% on handover in Q1 2028. This structure maximises financial leverage by deferring the majority of the capital outlay until the asset is delivered. It is particularly useful for investors looking to benefit from price appreciation during the construction period before committing the bulk of funds.

The scheduled handover for 241 Waterside is Q1 2028. The project is currently off-plan, and the construction timeline aligns with the broader infrastructure and hospitality build-out across Dubai Islands. Buyers purchasing now have approximately two to three years of potential capital appreciation before keys are handed over.

241 Waterside offers Sky Lofts, 2-bedroom, 2-bedroom+Maid, and 3-bedroom residences ranging from 880 to 1,583 sq.ft. All units are fitted with GESSI bathroom fixtures, Miele and Smeg kitchen appliances, and Technogym fitness equipment as standard. The 63-unit total across all configurations makes each layout type genuinely limited in availability.

Despite its boutique scale, 241 Waterside includes indoor and outdoor Technogym-equipped gyms, dedicated yoga areas, swimming pools, a residents' lounge, and landscaped courtyards and terraces. The low-density format — 63 homes across the entire building — means all amenities are shared among very few residents, delivering a level of usability and privacy that larger towers on Dubai Islands cannot match.

Dubai Islands is a five-island master development featuring 21 km of beaches, 86 planned resort hotels, 9 marinas, and two championship golf courses, backed by significant government infrastructure investment. Off-plan prices in the district rose 7% between 2024 and Q1 2025, reaching an average of AED 2,762 per sq.ft by Q3 2025. The combination of confirmed demand, major hospitality commitments, and ongoing connectivity upgrades positions it as one of Dubai's most actively appreciating waterfront districts.

241 Waterside is developed by Legacy Star Real Estate Development, a developer focused on ultra-limited, specification-led residential projects in Dubai. All 63 residences are freehold, meaning buyers of any nationality hold full ownership of the property and land title. Qualifying investment levels may also make buyers eligible for the UAE Investor Visa or the 10-year Golden Visa, subject to current thresholds set by UAE authorities.