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2 bedroom apartments for rent in Dubai Water Canal

Dubai Water Canal's typical building yields 4.51% gross — -2.5 pts vs the Dubai median, across 11 buildings with enough registered activity to report.

Edition DWI-AREA-DUBAI-WATER-CANAL
Median rent
AED 210,000
Median AED/yr/sqft
139AED/yr/sqft
Median gross yield
4.51%
22 yrs gross payback
Median rent change, 12mo
+7.3%

This record covers the 11 Dubai Water Canal buildings with enough registered Ejari contracts for a median to mean anything. Gross yields inside the area run from 3.81% to 5.29%, so the 4.51% median says much less about any one building than the table below does. Dubai Water Canal sits inside Al Wasl. The Dubai median for comparison is 6.98%, over the same 24-month window of Dubai Land Department and Ejari records to 2026-08-26.

Rents in Dubai Water Canal

AED/yr/sqft, monthly median
Monthly median rent per sqft per year across every registered new rental contract in Dubai Water Canal, smoothed over three months. The band along the bottom is monthly volume.

Buildings with 2 bedroom apartments in Dubai Water Canal

Sorted by gross yield. Click any column to re-sort.

Cf 3AED 192,5001345.29%+0.8 pts+10.5%10
Cf 1AED 210,0001535.28%+0.8 pts+8.6%84
Cf 2AED 210,0001535.06%+0.5 pts+8.6%84
CF7 - AAED 210,0001394.77%+0.3 pts+7.3%142
Cf 6AED 225,0001394.59%+0.1 pts+0.0%58
Cf 5AED 225,0001394.51%+0.0 pts+0.0%58
CF8AED 210,0001394.42%-0.1 pts+7.3%142
CF7 - BAED 210,0001394.38%-0.1 pts+7.3%142
CF9 - BAED 210,0001394.20%-0.3 pts+7.3%142
CF9 - AAED 210,0001393.96%-0.5 pts+7.3%142
Cf 4AED 192,5001343.81%-0.7 pts+10.5%10

Yield deltas are vs the Dubai Water Canal median (4.51%).

Common questions

What rental yield do apartments in Dubai Water Canal return?
The median building in Dubai Water Canal returns 4.51% gross, -2.5 pts against the Dubai median of 6.98%, across 11 buildings with enough registered activity to report.
What does an apartment in Dubai Water Canal cost per square foot?
The median is 139 AED/sqft a year, over registered Dubai Land Department and Ejari records to 2026-08-26.
Are prices in Dubai Water Canal rising?
The median building moved +7.3% over the last 12 months against the 12 before it. That is a median across 11 buildings, so individual towers move further in both directions.
Which building in Dubai Water Canal yields most?
Cf 3, at 5.29% gross. A top row is an outlier by construction — the sample size beside it on the table is the check.
How many buildings in Dubai Water Canal does this record cover?
11. A building appears once it has enough registered sales and contracts for a median to mean anything; the rest are listed but not ranked. Data to 2026-08-26.

2 bedroom apartments rental record for Dubai Water Canal

Record type
Area-level property market record
Data date
Evidence base
1,014 registered rental contracts represented across 11 eligible buildings
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/2-bedroom-apartments/dubai/dubai-water-canal
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “2 bedroom apartments for rent in Dubai Water Canal.” Data to 2026-08-26. https://dubaiwealthindex.com/rent/2-bedroom-apartments/dubai/dubai-water-canal.

Source: Dubai Land Department open data. Data as of 2026-08-26. Area figures are medians across the buildings listed above, not a separate calculation.