Water'S Edge
A 2 bed in Water'S Edge costs a median AED 2.00M, rents long-let for AED 140,000/yr (7.00% gross), and returns 8.72% short-let at the assumed 80% occupancy — +0.4 pts vs Business Bay's 6.64% and +0.0 pts vs Dubai's 6.97% — from 14 sales and 14 rental contracts registered in the last 24 months through 26 Aug 2026.
- Registered data
- Sales · 2 bed
- 7 in 12 months
- Rental contracts · 2 bed
- 3 in 12 months
- Buy
- 2.00MAED
- AED 1,443/sqft
- Long-let
- 7.00%
- AED 140,000/yr
- Short-let
- 8.72%
- AED 801/night · 0.58/sqft
Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent August 2026.
Priced off the last 5 sales — most recent August 2026.
- Yield spread
- +0.4 pts
- vs the Business Bay median for this unit type
- Turnover upside
- +16.7%
- new tenants pay more than sitting ones — 8 renewals
- AED/yr/sqft
- AED 100
- Sales
- 14
- Rental contracts
- 14
- Renewal rent
- AED 119,960/yr
- 12 months
- +2.5%
Based on 14 sales and 14 rental contracts in the last 24 months.
Water'S Edge is an apartment building in Business Bay, Dubai. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2015 to 2026, 418 registered sales in all — the 14 in the last 24 months are what every median above is computed from.
Price history
Every recorded sale in Water'S Edge, by year.
Chart data: Jan 2015, 2238 AED/sqft; latest, Aug 2026, 1567 AED/sqft; peak, Jan 2015, 2238 AED/sqft.
Yield by bedroom type
Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed
How these yields are computed
- 3 bed: Priced off the last 5 sales — most recent August 2025.
Short-let rates around Water'S Edge
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
How short-let rates are measured
Nightly rate per sqft through the year
1 bed: first Oct 2026, 0.49 AED/night/sqft; latest Sep 2027, 0.39 AED/night/sqft; peak Jan 2027, 0.86 AED/night/sqft. 2 bed: first Oct 2026, 0.54 AED/night/sqft; latest Sep 2027, 0.37 AED/night/sqft; peak Nov 2026, 0.78 AED/night/sqft.
Net revenue assumes 80% occupancy — an assumption, not a measurement.
What the net revenue deducts
Off-plan vs resale
Units sold off-plan in Water'S Edge between 2012 and 2014 went for a median of AED 1,950/sqft (AED 1.93M). The same building resells today at AED 1,564/sqft (AED 1.41M) — an uplift of -26.8%.
Based on 26 off-plan sales across the building's full history.
Why this uses the full history
Recent transactions
As filed with the Land Department — data to 2026-08-26.
18 resales in the last 12 months, against 21 a year on average over 2023–2025.
Sales
3 resales in the last 3 months.
Rental contracts
29 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
As registered
The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.
- Floors
- 21
- Flats
- 201
Nearby
- Metro
- Burj Khalifa / Dubai Mall Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Compare with nearby buildings
The most-traded buildings in Business Bay, on the same figures over the same window.
- Highest rental yields in Business Bay · Water'S Edge places 77th of 84
Common questions
- What is the rental yield in Water'S Edge?
- Water'S Edge returns 7.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 14 rental contracts registered in the last 24 months.
- How much does a 2 bedroom in Water'S Edge cost?
- The median registered sale price is AED 2.00M (1,453 AED/sqft), from 14 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
- What are apartments in Water'S Edge selling for right now?
- Registered sales of ready units in Water'S Edge over the last 6 months have a median of 1,443 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
- Have prices in Water'S Edge risen or fallen?
- Median price per square foot moved +2.5% over the last 12 months against the 12 before it, on 14 registered sales. On a sample this size, read the direction rather than the exact figure.
- How does Water'S Edge compare with Business Bay?
- Its 7.00% gross yield sits +0.4 pts against the Business Bay median of 6.64%, computed at the same bedroom grain over the same 24-month window.
Water'S Edge sale record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 14 registered sales in the trailing 24 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
- Canonical record
- /sale/apartments/dubai/business-bay/waters-edge
Cite as: Dubai Wealth Index. “Water'S Edge sale prices and yield.” Business Bay, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/waters-edge.
Stable dataJSON
Where this data stops
Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.