Ellington KW (Kensington Waters)

Kensington Waters is a residential development by Ellington Properties consisting of two 12-storey towers in the Meydan district of Mohammed Bin Rashid City, Dubai. It offers 277 units ranging from studios to 3-bedroom apartments, sized between 455 and 2,035 sqft. The project is inspired by luxury global resort design with a strong focus on wellness and sustainability.

The project is located in the Meydan area within Mohammed Bin Rashid City (MBR City), Dubai. This positions residents close to Downtown Dubai, the Meydan Racecourse, and major road networks. MBR City is one of Dubai's most actively developing master communities with strong long-term capital appreciation potential.

Apartments at Kensington Waters start from AED 1,200,000, making it a competitive entry point into the MBR City market. Studios and 1-bedroom units sit at the lower end of the price range, while 3-bedroom apartments reach up to the higher tier. A DLD fee waiver was offered at launch, reducing the typical 4% transfer cost for buyers.

Kensington Waters offers studios, 1-bedroom, 2-bedroom, and 3-bedroom apartments across its two towers. Unit sizes range from 455 sqft for studios up to 2,035 sqft for larger 3-bedroom layouts. All units come with spacious balconies, built-in wardrobes, and a separate laundry room.

Residents have access to a swimming pool, state-of-the-art gym and fitness centre, bicycle paths, children's playgrounds, splash pads, and BBQ zones. Each unit includes one dedicated parking space, and the development features electric car charging stations. Lobby areas are generously sized and finished to hospitality-grade standards.

Every apartment features 3.2-metre high ceilings and panoramic windows that frame city views across MBR City. Kitchens are fitted with European branded appliances including a gas cooktop, oven, integrated dishwasher, fridge, freezer, and a stainless-steel concealed recirculated exhaust hood. All units also include built-in wardrobes and a separate laundry room.

Kensington Waters was handed over in Q4 2023, meaning the project is fully completed and ready for occupancy or immediate rental. Buyers purchasing now are acquiring a finished asset with no construction risk. This also means rental yields can be generated from day one without waiting for project completion.

Kensington Waters sits in MBR City, one of Dubai's high-demand residential corridors with consistent price growth and strong rental demand from professionals and families. The completed status removes construction risk, and the DLD waiver offered at launch improved net returns for early buyers. Studios and 1-bedroom units in this area typically generate gross rental yields of 6–8% annually.