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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.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 840,00018527.98%
+0.4 pts
+1.3%13
1 bedAED 1.29M14366.92%
-0.2 pts
-13.7%12
2 bedAED 2.00M14537.00%
+0.4 pts
+2.5%14
3 bedAED 3.17M15435.80%
-1.0 pts
+5.0%3

Deltas compare each yield with the Business Bay median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.
  • 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
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m3730.82AED 84,426AED 67,0001.3×10.05%6+
1 bed5210.58AED 113,363AED 90,0001.3×8.79%4+
2 bed500m8010.58AED 174,423AED 140,0001.2×8.72%24+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

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
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Water'S Edge itself had too few listings of that type to measure.

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
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

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

DateTypeSqftPriceAED/sqft
6 Aug 20262 bed1,754AED 2,180,0001,243
2 Jul 2026Studio402AED 760,0001,891
9 Jun 20262 bed1,268AED 2,000,0001,577

3 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Oct 20262 bed1,338AED 105,00078Renewal
16 Sept 20261 bed822AED 100,000122Renewal
1 Sept 20261 bed1,004AED 90,00090New
27 Aug 20262 bed1,317AED 110,00084New
16 Aug 2026Studio397AED 55,000139New
15 Aug 2026Studio560AED 73,000130Renewal
11 Aug 20262 bed1,385AED 140,000101Renewal
6 Aug 2026Studio486AED 66,000136New
6 Aug 2026Studio511AED 53,000104New
4 Aug 20261 bed817AED 78,00095New
1 Aug 2026Studio398AED 45,000113New
1 Aug 20261 bed699AED 73,000104New
1 Aug 2026Studio400AED 54,000135New
29 Jul 20261 bed944AED 85,00090New
22 Jul 2026Studio477AED 72,000151Renewal
15 Jul 2026Studio517AED 55,000106New
15 Jul 20261 bed987AED 73,00074Renewal
11 Jul 20261 bed720AED 72,000100New
6 Jul 20261 bed695AED 65,00094New
1 Jul 2026Studio476AED 50,000105New
1 Jul 2026Studio396AED 73,500186Renewal
1 Jul 2026Studio402AED 66,000164New
25 Jun 2026Studio522AED 65,000125New
23 Jun 20263 bed2,092AED 150,00072New
19 Jun 20263 bed1,518AED 143,00094New
16 Jun 2026Studio556AED 50,00090New
15 Jun 2026Studio447AED 70,000157Renewal
15 Jun 20261 bed703AED 68,00097New
10 Jun 20261 bed509AED 55,000108New

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.

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.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

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
Method
Definitions and calculations

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.