Community Intelligence
Dubai Water Canal
Registered by the Dubai Land Department in Al Wasl (City Walk) / Al Wasl
Homes in Dubai Water Canal sold for a median of AED 3,140 per square foot over the last 12 months, across 586 registered home sales. The typical gross rental yield is 4.6%.
Updated daily from the Dubai Land Department register. Figures current to 19 October 2026.
3,445 DLD-registered home sales on record in Dubai Water Canal, 586 of them in the trailing 12 months. Every figure below is computed from those registered transactions - nothing estimated.
- Median price (12m)
- 3,140 AED/sqft
- $855/sqft
- Registered sales (12m)
- 586
- Off-plan share (12m)
- 82.3%
Ready or off-plan? They are not the same price
Off-plan in Dubai Water Canal register about 4% above ready, per square foot. Most places publish one blended figure, which is nobody’s actual market.
Ready
AED 3,052/sqft
Median AED 4.8M · 104 registered sales
Off-plan
AED 3,186/sqft
Median AED 2.57M · 504 registered sales
Blended, the way it is usually published: AED 3,147/sqft across all 608 registered sales. Useful for a trend, misleading for a purchase.
We measured this across every community busy enough to test: off-plan versus ready in Dubai, and which actually costs more.
A gap does not mean one is overpriced. Off-plan stock skews towards newer developments and a payment plan has its own value. These are two markets, priced differently.
What else you can check, free
What actually sells in Dubai Water Canal, weekly
One email a week: the registered sales and rents in Dubai Water Canal, from the Dubai Land Department record. No asking prices, no listings, no agent calling you.
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Ready homes, price per sqft
+13.8%
Last 12 months against the 12 before, from 101 registered sales.
Off-plan, price per sqft
-1.4%
Last 12 months against the 12 before, from 481 registered sales.
Source: Dubai Land Department (CC BY 4.0). Homes only: land plots, whole buildings, offices, shops and hotel units are excluded. Median from priced, sized units over the trailing 12 months.
Rents & Rental Yield in Dubai Water Canal
Typical gross yield 4.6%
From 562 registered Ejari rent contracts, set against registered sale prices, so the yield is the honest return an owner actually earns, not an advertised one.
| Unit | Median annual rent | Typical sale price | Gross yield |
|---|---|---|---|
| 1 Bedroom | AED 140,000 | AED 2,297,965 | 6.1% |
| 2 Bedroom | AED 210,000 | AED 4,274,000 | 4.9% |
| 3 Bedroom | AED 300,000 | AED 11,008,413 | 2.7% |
Source: Dubai Land Department (CC BY 4.0). Registered Ejari rents (trailing 24 months) and registered sales (trailing 12 months); gross yield = median annual rent ÷ median sale price. Rent split by unit size, sales by DLD's room count.
Buildings in Dubai Water Canal With Their Own Report
15 buildings in Dubai Water Canal have enough registered sales for its own report. Open any one for its real sold prices, registered rents and gross yield.
Dubai Water Canal: common questions
What is the average price per square foot in Dubai Water Canal?+
Over the last 12 months the median registered sale price in Dubai Water Canal was 3,140 AED per square foot, across 586 registered sales. That is the median of completed transactions registered with the Dubai Land Department, not asking prices, so it reflects what buyers actually paid.
What is the rental yield in Dubai Water Canal?+
Dubai Water Canal shows a gross rental yield of about 4.6%, calculated from 562 registered Ejari rent contracts set against registered sale prices for the same area. That figure is gross, so service charges, management fees and any vacancy still come out of it, commonly one to two percentage points.
How much is rent in Dubai Water Canal?+
The median registered annual rent in Dubai Water Canal is AED 210,000. By unit type the medians are: 1 Bedroom AED 140,000, 2 Bedroom AED 210,000, 3 Bedroom AED 300,000. These come from registered Ejari tenancy contracts, the official record, rather than advertised asking rents.
Is Dubai Water Canal mostly off-plan or ready property?+
Off-plan made up about 82.3% of registered sales in Dubai Water Canal over the last 12 months, with the remaining 17.700000000000003% being ready property. A high off-plan share usually means active new launches and staged payment plans. It also means more supply arriving later, which is worth weighing if you are buying to rent out.
Is Dubai Water Canal a good place to invest?+
We do not give investment advice and we will not guess. Here is what the register shows for Dubai Water Canal. 586 registered sales in the last 12 months, out of 3,445 on file, at a median of 3,140 AED per square foot. The gross yield is roughly 4.6%. Transaction volume matters as much as price, because it tells you how easily you could sell again. Compare those figures against other communities, and check the service charge for the specific building, since it comes straight off your yield.
How do I check what a specific property in Dubai Water Canal sold for?+
Every sale in Dubai Water Canal is registered with the Dubai Land Department. Open any building in the area on this site for its own registered sale prices and rents. Or send a listing link to Chat DLD on WhatsApp, and it compares the asking price against the registered record for that exact building in seconds, free.
Latest registered sales
The most recent registered sales in Dubai Water Canal, back to 12 Oct
Individual transactions as recorded by the Dubai Land Department. Not asking prices.
| Date | Building | Type | Size | Price | Per sqft |
|---|---|---|---|---|---|
| 19 Oct | Eden House The Canal | 4 bed Flat | 320 sqm | 11M | 3,052 |
| 19 Oct | Eden House The Canal | 1 bed Flat | 84 sqm | 4.3M | 4,777 |
| 19 Oct | Damac City 2Off-plan | 1 bed Flat | 65 sqm | 2.2M | 3,078 |
| 16 Oct | Eden House - The Park BOff-plan | 3 bed Flat | 217 sqm | 9.2M | 3,958 |
| 14 Oct | Damac City 2Off-plan | 1 bed Flat | 79 sqm | 2.1M | 2,431 |
| 13 Oct | Eden House The Canal | 3 bed Flat | 200 sqm | 13M | 6,031 |
| 12 Oct | Eden House - The Park BOff-plan | 2 bed Flat | 167 sqm | 7.3M | 4,031 |
| 12 Oct | Damac City 2Off-plan | 1 bed Flat | 71 sqm | 2.4M | 3,194 |
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Terms on this page
Every term, in the Dubai property glossary.
Dubai Diligence provides information for general informational purposes only and does not provide financial, investment, legal, or tax advice. Figures are derived from official and cited sources and are provided "as is" without warranty of any kind; errors and omissions are possible, and data may lag the underlying registries. Nothing here is a recommendation to buy, sell, or rent any property. Verify independently before making any decision. Believe something is inaccurate? Report it and we will review and correct promptly. See our Terms of Service.
