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Ejari leases to 12 Oct 2026

Water'S Edge rents

  • 62 new leases and 51 renewals in 12 months
  • 201 units
  • Business Bay
  • near Burj Khalifa / Dubai Mall Metro Station

A studio here leases for about AED 55,000 a year, 20% below the typical Business Bay studio. New tenants pay more than renewing ones, who pay AED 42,000.

Studio · typical new lease

55,000AEDa year

AED 135/sqft · -21.4% on a year

A month, roughly
AED 4,583
Renewal
AED 42,000
vs Business Bay studio
20% below the median
New leases, 12 months
27
Buying instead? Water'S Edge sale prices →

What should a lease in Water'S Edge cost?A studio leases for about AED 55,000 a year; new tenants pay 31.0% more than renewing ones

TypeNew leaseRenewalvs Business BayLeases
Studiomost leased55,000135/sqft42,00024 renewals20% lesstypical 69,00027
1 bed85,00098/sqft90,00017 renewals12% lesstypical 96,50023
2 bed135,00098/sqft—4% lesstypical 140,0003
3 bed160,00095/sqft161,2706 renewals20% lesstypical 200,0009

Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Business Bay median for the type.

Ask an agent about this rent →

Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A studio here now costs 21.4% less than a year earlier: AED 55,000 against 70,000.

Median annual rent, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Nov 2014, AED 80,305; latest, Oct 2026, AED 53,250; peak, Sep 2015, AED 92,500.

StartTypeSqftAnnual rentAED/sqftContract
12 Oct 2026Studio356AED 42,000118Renewal
10 Oct 2026Studio356AED 42,000118Renewal
8 Oct 20261 bed989AED 100,000101Renewal
8 Oct 2026Studio397AED 58,000146New
7 Oct 2026Studio486AED 56,000115Renewal
5 Oct 20261 bed817AED 95,000116New
2 Oct 2026Studio436AED 63,000145New
1 Oct 20261 bed944AED 78,00083New
1 Oct 20262 bed1,338AED 105,00078Renewal
30 Sept 20261 bed674AED 69,613103New

Showing the 60 most recent of 113 contracts starting on or after 12 Oct 2025.

About Water'S EdgeA 21-floor tower in Business Bay, a 9-minute drive from DIFC

Water'S Edge is an apartment building completed in 2013 in Business Bay with 201 registered units. 113 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Service charge
Paid by the landlord · AED 32.00/sqft a year
Floors
21

Drive times · typical

Downtown
12 min · 3.8 km
DXB Airport
14 min · 13 km
DIFC
9 min · 6.6 km
Dubai Marina
21 min · 22 km
Palm Jumeirah
27 min · 26 km

Nearest, as registered

Metro
Burj Khalifa / Dubai Mall Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Letting a unit in Water'S Edge?56% of units here signed a yearly lease in 12 months, above the Business Bay median; new tenants pay more than renewing ones

Units on a yearly lease
56%Fair
Business Bay median 41%; top tenth from 69%
New tenant vs renewal
+4.1%
New leases AED 76,500, renewals 73,500, all types
Short-let instead, studio
AED 373
a night on Airbnb; nets 1.3× the yearly rent at 70% occupancy, after fees, cleaning and utilities

Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement

Thinking of selling? Water'S Edge sale prices →

Comparables in Business Bay

Every Business Bay building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Water'S Edge places 54th of 100; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
50MajestineAED 70,000112+4.0%0.0%225
51Sol BayAED 90,000111+3.2%0.0%94
52Park CentralAED 71,380108+1.0%-4.8%38
53West WharfAED 82,000107+0.1%+2.5%25
54Water'S Edge · this buildingAED 76,500107-15.0%62
55Executive Bay-AAED 76,0001070.0%+2.7%67
56–58Bay Square - 01, 02, 03one project rent, 3 towersAED 90,000106-1.1%-9.1%98

Rank 1 is the dearest per square foot. Differences are against Water'S Edge.

At studio, Water'S Edge ranks 28th of 57 by rent per square foot and 31st of 47 by gross yield in Business Bay.

Market context in Business Bay

Registered sales activity

2,705 ready apartment sales in the 12 months to 2026-10-12.

+5.4% in median AED/sqft versus the preceding year, supported by 2,705 current and 3,581 prior price observations.

Explore sales activity

Planned apartment projects

10,312 known registered units across 12 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 6 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today.

Ready prices per sqft fell in 50% of 131 buildings (counted once per bedroom type) in Business Bay with sales in both years; the typical one moved −0.1%.

The pooled median moved +5.4%: 5.5 points more than the typical building, because different buildings traded in each year.

New-lease rents fell in 79% of 124 buildings (counted once per bedroom type) with leases in both years; the typical one moved −5.6%.

How these are counted
Find service-charge budget evidence for Water'S Edge

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

Prices per sq ft around Water'S Edge, on the map
Pills show median annual rent, AED. 85 buildings pinned from Google place records and Apple geocoding · Water'S Edge is the inverted pinOpen in Apple Maps

Ask about Water'S Edge

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Common questions

What is the registered annual rent for a studio in Water'S Edge?
The median new annual rent is AED 55,000, from 27 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in Water'S Edge risen or fallen?
The median new annual rent changed -21.4% in the trailing 12 months against the previous 12, using 27 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
Do new tenants in Water'S Edge pay more than sitting ones?
A new tenant pays +30.9% against a renewing one, across 24 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
How many apartments change hands in Water'S Edge?
4 sales were registered with the Dubai Land Department in the last 12 months, alongside 27 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Water'S Edge?
Burj Khalifa / Dubai Mall Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Water'S Edge rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
3 registered rental contracts in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/rent/apartments/dubai/business-bay/waters-edge
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Water'S Edge rents and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/business-bay/waters-edge

Stable dataJSON