
241 Waterside Dubai Islands is a modern coastal residential development by Legacy Star Real Estate Development, featuring lofts and family apartments, well-developed infrastructure, gyms, swimming pools and lounge areas in a rapidly developing area of Dubai.
45/55
Payment Plan
Q1 2028
Handover
AED 1,880,000
Starting Price

241 Waterside Dubai Islands is a new residential development by the sea on the Dubai Islands, built by Legacy Star Real Estate Development. This property in Dubai is ideal for those who want to live by the sea without giving up the familiar urban rhythm of the emirate.
The building is designed in a modern style: smooth lines of the facades, lots of glass, large windows and cosy terraces offering views of the Arabian Gulf and promenades.
There are several types of accommodation available at 241 Waterside Dubai Islands. For those who love open spaces, there are stylish lofts ranging from 867 sqft (81 m²) with high ceilings and an open-plan layout, where you can flexibly arrange furniture and divide areas.
For families, there are two-bedroom apartments at 241 Waterside Dubai Islands with an area of approximately 1509 sqft (140 m²), as well as options with two bedrooms and a separate room for domestic staff — this format is convenient if you have a nanny or housekeeper.
More spacious three-bedroom apartments of approximately 1635 sqft (152 m²) are designed for those who value more personal space and separate rooms for all family members.
Inside, the apartments at 241 Waterside Dubai Islands are decorated in a contemporary style. Light colours, warm wood tones and neat decorative details prevail. The kitchens are designed as convenient work areas: there is enough space for built-in appliances, and there are cupboards and storage systems.
Most of the layouts of this property at 241 Waterside Dubai Islands have balconies or terraces, and large windows provide plenty of natural light and visually enlarge the space.
Residents of the apartments at 241 Waterside Dubai Islands will be able to use all the infrastructure of the development. The project includes indoor and outdoor gyms with Technogym equipment, separate yoga rooms, swimming pools for adults and children, a lounge for residents, a spa, green courtyards and a playground.
The developer offers buyers an interest-free payment plan on a 45/55 basis with a 10% down payment for buying apartments at 241 Waterside Dubai Islands. Construction of this property in Dubai is scheduled for completion in Q4 2028.
Renders may look slightly different than real life photos
Renders may look slightly different than real life photos
1-Bedroom
2-Bedroom
3-Bedroom
FROM AED 1,880,000 ($511,900)
Total Area: 867 sqft (81 m²)
Total Area: 1509 sqft (140 m²)
Total Area: 1635 sqft (152 m²)
Dubai Islands is a new coastal area of Dubai, which is being built on five artificial islands near Deira, between Al Mamzar Beach Park and the Infinity Bridge. From here, it is approximately 20 minutes by car to Dubai International Airport, about half an hour to Dubai Mall and Burj Khalifa, and approximately 25-30 minutes to Business Bay.
The main idea behind Dubai Islands is to combine life by the sea with the usual urban comforts. The area is being developed by Nakheel: residential developments, hotels, a marina for yachts, golf courses, long promenades and beaches, including a beach with an international Blue Flag certificate, are planned here. The Riu Dubai Beach Resort and Centara Mirage Beach Resort Dubai are already operating on the islands. They have their own beaches, water parks, lazy rivers, children's areas and entertainment programmes.
Souk Al Marfa, a large indoor market on the waterfront with shops, cafes and food courts, is already open on the islands. Plans include a large shopping centre, Deira Mall, and Deira Islands Night Souk with waterfront restaurants and a marina. For large purchases, residents of properties on Dubai Islands often go to City Centre Deira, one of Dubai's main malls with well-known brands and a large selection of restaurants.
Schools and clinics are located on the mainland, at Deira and the surrounding areas. Popular schools include Deira International School, The Westminster School and Dubai International School, which offer British and international programmes. Medical care is usually sought at the Canadian Specialist Hospital or Dubai Hospital, which are large facilities that can be reached in a few minutes.
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The Dubai Islands area is still developing, so the entry threshold here is usually lower than in long-established coastal locations, but the returns already look attractive. The gross rental yield for property on Dubai Islands averages around 7.5-10% per annum.
It is also important to note that investors earn not only from rent, but also from the growth in the value of the property on Dubai Islands. From 2024 to the first quarter of 2025, the average price of off-plan apartments on Dubai Islands has already increased by approximately 7%, while the overall price level remains affordable compared to more popular seaside areas. There are forecasts that the growth potential will continue until 2030: as new hotels, shopping centres, promenades and other infrastructure facilities open, the value of property on Dubai Islands may increase, and rental yields will stabilise at around 6.5% per annum in the long term.
An additional advantage is the legal aspect. Dubai Islands is a freehold zone where foreign buyers can fully own real estate: buy, sell, rent and transfer by inheritance without any time restrictions. For apartments on Dubai Islands of a certain value, a long-term residence visa (Golden Visa) is available, which is especially important for those who consider the UAE not only as a location for investment, but also as a possible option for passive income.

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The property at 241 Waterside Dubai Islands by Legacy Star is located on Dubai Islands.
The residential development offers lofts and 2-3 bedroom apartments. The sizes of these properties in Dubai range from 867 sqft (81 m²) to 1635 sqft (152 m²).
The cost of these properties on Dubai Islands starts from AED 1,880,000 ($511,900).
There is a 45/55 interest-free payment plan with a 10% down payment for buying these apartments on Dubai Islands.
The completion date for the apartments at 241 Waterside Dubai Islands is Q1 2028.
A developed urban environment is gradually forming around 241 Waterside Dubai Islands. Large shopping centres, promenades, waterfront restaurants and cafés, hotels and resorts of various formats are planned for Dubai Islands. Family resorts with beaches and water activities are already within a short drive, as are historic areas near Dubai Creek, traditional markets and waterfronts. Schools, kindergartens and large medical centres are within 10-20 minutes by car.

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