Apartment by OBG “241 WATERSIDE”
AED 3,188,000
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Vector icon 3 Beds Vector icon 3 Baths Vector icon 1582 sqft

Dubai Islands

Daria
Daria Property broker

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241 WATERSIDE 3BR Apartment in Dubai Islands — Move-In Ready Value

At 147 sqm across three bedrooms, this apartment in 241 WATERSIDE by Regent Developments sits squarely in the investment sweet spot for Dubai Islands real estate

The island cluster is steadily expanding its residential and hospitality infrastructure, driving sustained demand from long-term tenants — particularly families seeking space, proximity to the beach, and fast access to the city’s key business hubs. With handover set for 2028, buying at the construction stage means locking in today’s pricing ahead of delivery.

Unit highlights

— three well-proportioned bedrooms with clear separation of living zones;
— open-plan living and kitchen area designed for both owner and tenant appeal;
— floor-to-ceiling glazing bringing in natural light throughout;
— practical layout equally suited to family occupancy or professional rental management;
— at 1,582 sqft, this is a format that commands premium rental rates in waterfront Dubai.

241 WATERSIDE amenities

— resort-style pool with dedicated relaxation area;
— residents’ fitness spaces;
— landscaped terraces;
— children’s play zones;
— lounge areas for residents;
— rooftop leisure zones with views across the island.

Architecture and concept

241 WATERSIDE rises across a ground floor, two podium levels, eight residential floors and a rooftop terrace deck. The design language is clean and restrained — precise lines, generous glazing and interiors finished in light, natural tones. The neutral palette makes the apartments straightforward to position for high-quality rental, reducing time-to-let and broadening the tenant pool.

About the developer

Regent Developments is a residential developer focused on architectural quality and considered project delivery. 241 WATERSIDE is marketed exclusively through One Broker Group.

Payment plan

The project operates on a 45/55 instalment structure:
— 10% — on booking;
— 35% — during construction;
— 55% — on handover.
Handover: 2028.

Location — Dubai Islands

— 3 minutes to Dubai Islands Beach;
— 15 minutes to Dubai International Airport;
— 15 minutes to Dubai International Financial Centre (DIFC);
— 20 minutes to Burj Khalifa and Dubai Mall;
— 30 minutes to Palm Jumeirah.

Frequently asked questions

Why is a three-bedroom unit at this size a strong investment choice on Dubai Islands?
— Larger formats in waterfront locations consistently command higher rental yields, particularly from families and corporate tenants. As Dubai Islands’ infrastructure matures, rental demand is expected to deepen further, supporting both yield and capital appreciation.

When is the handover scheduled?
— Completion is planned for 2028.

Is the 55% on handover structure useful for investors?
— Significantly so. Deferring the bulk of the payment to handover gives investors time to arrange mortgage financing or, if preferred, execute a pre-completion assignment sale — a well-established exit strategy in Dubai’s off-plan market.

Can the apartment be resold before handover?
— Yes. Assignment sales (resales during construction) are fully legal and active in Dubai. Price appreciation from launch to delivery is a common source of returns for off-plan buyers in emerging island districts.

Can I get a rental yield projection and comparison across the development’s unit types?
— Absolutely — we’ll put together a tailored financial model upon request.

Enquire via the form on this page to receive current pricing, a rental income projection and a full investment breakdown for the three-bedroom apartment at 241 WATERSIDE, Dubai Islands.

Payment plan

On booking
5%
Within 60 days from the booking date
15% + 4% DLD + 5250 AED Admin Fees
June 2026
10%
December 2026
5%
April 2027
5%
August 2027
5%
On handover
55%

Property information

Handover Date

Q1 2028

Property Type

Apartment

Ownership Type

Freehold

Building Information

Building name

OBG “241 WATERSIDE”

Regent Developments
Regent Developments View developer

Location

Contact broker to learn more and get special offers.