241 Waterside Residences

This 3-bedroom apartment at 241 Waterside Residences offers 1,582 sq ft in Dubai Islands, priced from AED 3,188,000 (about AED 2,015 per sq ft), with handover expected in Q1 2028.

241 Waterside Residences is an off-plan residential building by Regent Developments on Dubai Islands. The Dubai Land Department lists it as 241 Waterside, project 4093, registered in November 2025 to Legacy Star Real Estate Development L.L.C, with 63 homes: 16 one-bedroom, 38 two-bedroom, 8 three-bedroom and 1 four-bedroom units. Construction started in January 2026.

Amenities listed by the developer include pets allowed, gym, landscaped gardens, BBQ area, yoga space, sauna, jacuzzi, running track, lobby, pet area, infinity pool and kids' play area.

A three-bedroom suits a family that wants more space in a new island community.

Our feed does not list a payment plan.

How does the price compare with Dubai Islands? Homes sold on Dubai Islands had a median of AED 2,809 per sq ft from 1 January to 7 October 2026 (Dubai Land Department, 3,309 sales, almost all off-plan). At about AED 2,015 per sq ft, this unit is around 28% below that median.

What rental yield can investors expect on Dubai Islands? The first completed buildings are only now being let. Ten rent contracts were registered this year at a median of AED 130,000 a year, an early gross yield of about 3.5% before service charges (Dubai Land Department). With so few contracts, treat this as an early signal rather than a market rate.

When will 241 Waterside Residences be completed? Our feed lists handover in Q1 2028.

Prices and availability come from the developer and can change. Contact Platinum Square for current availability, floor plans and the full payment schedule.