# Dubai Water Canal property market

The median registered sale price in Dubai Water Canal is AED 2.62M over the trailing 12 months, from 635 registered sales at a median 3 081 AED per square foot, up 1.8% year on year. Ready homes let at a median AED 210k a year, a gross yield of 5.07%. Figures are outlier-trimmed medians from registered DLD transactions, not asking prices from listings.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.62M | -24.7% |
| Interquartile range | AED 2.17M – AED 4.38M | |
| Median price per sqft | 3 081 AED | +1.8% |
| Registered sales, 12 months | 635 | -35.7% |
| Off-plan share | 81.1% | |
| Gross rental yield | 5.07% | |

## By number of bedrooms

| Homes | Sales | Median price | Median AED/sqft | Median size | Median rent | Gross yield |
|---|---|---|---|---|---|---|
| Studios | 75 | AED 1.30M | 3 299 | 395 sqft | — | — |
| 1-bedroom apartments | 233 | AED 2.30M | 2 957 | 772 sqft | AED 154k | 5.55% |
| 2-bedroom apartments | 178 | AED 4.15M | 2 981 | 1 508 sqft | AED 215k | 4.60% |
| 3-bedroom apartments | 110 | AED 9.02M | 3 876 | 2 408 sqft | AED 340k | 5.25% |
| 4-bedroom apartments | 17 | — | 4 017 | 5 338 sqft | — | — |
| 5-bedroom apartments | 10 | — | — | 9 976 sqft | — | — |

## Where these sales sit in the DLD registry

| DLD administrative area | Sales | Median price | Median AED/sqft | Off-plan |
|---|---|---|---|---|
| Al Wasl | 602 | AED 2.56M | 3 079 | 83.9% |
| Jumeirah Second | 33 | AED 6.48M | 3 767 | 30.3% |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|
| Sep 2026 | 25 | 3 102 | 2 706 – 3 232 |
| Aug 2026 | 23 | 3 081 | 2 903 – 3 687 |
| Jul 2026 | 36 | 3 001 | 2 748 – 3 296 |
| Jun 2026 | 32 | 2 995 | 2 665 – 3 493 |
| May 2026 | 26 | 2 926 | 2 582 – 3 123 |
| Apr 2026 | 52 | 3 326 | 2 684 – 3 656 |
| Mar 2026 | 71 | 2 858 | 2 281 – 3 230 |
| Feb 2026 | 58 | 3 481 | 3 099 – 3 863 |
| Jan 2026 | 34 | 3 061 | 2 772 – 3 328 |
| Dec 2025 | 74 | 3 255 | 2 989 – 3 597 |
| Nov 2025 | 46 | 3 051 | 2 828 – 3 228 |
| Oct 2025 | 88 | 3 044 | 2 899 – 3 363 |
| Sep 2025 | 83 | 3 152 | 2 984 – 3 294 |

## What these numbers do not show

- Building-level detail. Dubai Water Canal is a community: a waterfront tower and a back street both register here.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.
- Quality within a place. A tower with sea views and one behind it register in the same area under the same name.
- The current month. DLD keeps registering it for weeks, so it is excluded from every trend on this page.
- A like-for-like resale price. 81.1% of sales here are off-plan, where the price is a payment plan on a home that does not exist yet.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/communities/dubai-water-canal/  
**Suggested citation:** Continental Club Property, "Dubai Water Canal property market", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/communities/dubai-water-canal/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.