Water'S Edge
- Completed 2013
- 201 units
- 21 floors
A 2 bed in Water'S Edge costs a median AED 2.00M, rents long-let for AED 135,000/yr, and returns 7.5% short-term at the assumed 70% occupancy.
2 bed · typical price
2.00MAED
AED 1,462/sqft · +2.5% on a year
- Rent a year
- AED 135,000
- vs Business Bay
- 29% below the median
Cost to buy, all inAED 2.13M
- Price
- AED 2.00M
- DLD fee 4%
- AED 80,000
- Agent 2% + VAT
- AED 42,000
- Trustee
- AED 4,200
Fees repaid by rent11 months
Is Water'S Edge a good investment?The rent pays below the Dubai median, rents are slipping and lots of new supply is coming
- Does it pay a good rent?5.4% gross, 3.2% after the service charge (Dubai median 6.8%)5.4%Watch
- Is it easy to let?56% of units signed a yearly lease in 12 months; the typical Business Bay building manages 41%56%Fair
Business Bay median 41% · top tenth from 69%Water'S Edge · 56% Across 82 Business Bay buildings with 40 or more units, the median signed annual leases on 41% of units in 12 months and the top tenth on 69% or more; Water'S Edge is at 56%.
- Are rents going up?New leases: AED 90,000 a year ago, AED 76,500 now-15.0%Watch
- Are prices going up?2 bed: AED 1,426/sqft a year ago, 1,462 now+2.5%Fair
- How fast do fees pay back?AED 126,200 in fees to buy a 2 bed; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?16 sales in 12 months, 8% of the tower (22 the year before)16Fair
- Is a lot being built nearby?11,591 apartments are planned in Business Bay from 2026 to 2028, equal to 64% of the 18,176 homes let there today. A further 2,730 are past their planned date. Business Bay supply by year →64%Watch
- Did earlier buyers gain?Up 30% for buyers 5 years ago; launch buyers still 25% down, before fees+30.2%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Water'S Edge prices and rents by unit typeA two-bed costs about AED 2.00M and rents for about AED 135,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Business Bay · area median AED 2,061/sqft
- 12-month change
- +2.5%
- vs area median
- -29.1%
- Rank by price per sqft
- 84th of 102
- Off-plan price gain, 2012–2013
- -23.0% · -1.9%/yr
Rental income
2 bed · Business Bay
- Median new rent
- AED 135,000/yr
- Yield rank, all unit types
- 44th of 54
- Renewal rent
- AED 145,000/yr
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 801
- Net revenue
- AED 149,889/yr
- vs long-let rent
- 1.1×
- Listings seen
- 24+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 2 bed: Dec 2012, AED 2,498,400; latest, Aug 2026, AED 2,180,000; peak, Dec 2014, AED 3,318,000. Rent on new leases: May 2015, AED 400,000 a year; latest, Aug 2026, AED 110,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,490 · before fees
- Launch, 2012–14
- 2,000
- −25%
- 25 sales
- 5 years ago
- 1,145
- +30%
- 11 sales
- 3 years ago
- 1,284
- +16%
- 12 sales
- Previous 12 months
- 1,617
- −8%
- 22 sales
- Last 12 months
- 1,490
- today
- 16 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
16 resales in the last 12 months, against 21 a year on average over 2023–2025.
16 resales in the last 12 months.
Short-term rates around Water'S Edge
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Business Bay
Every Business Bay building with a page, ranked by price per sqft over the same 12 months, all unit types. Water'S Edge places 118th of 150; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Water'S Edge (AED 1,490/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Water'S Edge has registered sale prices 29% below the Business Bay median price per square foot of 2,061 AED, across 102 eligible buildings. It ranks 84th of 102 by price per square foot 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 activityPlanned 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 supplySupply 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 countedDirect 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.
About Water'S Edge
Water'S Edge is an apartment building completed in 2013 in Business Bay with 201 registered units. 209 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 32.00/sqft a year · 2026 budget
- 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
Water'S Edge: AED 1,490 per sq ft, 27% below the median Business Bay building, and a 5.4% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Water'S EdgeAED 1,490
- Business Bay, readyAED 1,869
- Business Bay, off-planAED 2,685
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Water'S EdgeBusiness Bay median building
- Business Bay5.4% vs 6.6%
Nearby in Business Bay
Prices per sq ft around Water'S Edge, on the mapPrices per sq ft around Water'S Edge, on the map
Peninsula Four
Business Bay · 215 sales, 12 months
2.04M
AED, resale median · 2,517/sqft
Al Habtoor Tower
Business Bay · 205 sales, 12 months
3.44M
AED, resale median · 2,733/sqft
Peninsula Three
Business Bay · 164 sales, 12 months
1.74M
AED, resale median · 2,656/sqft
Regalia By Deyaar
Business Bay · 105 sales, 12 months
1.28M
AED, resale median · 1,782/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedOn record
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Water'S Edge’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 8,893AED
- 4.5% over 25 years
- Monthly rent
- 11,250AED
- AED 135,000 a year
- Cash needed at purchase
- 549,200AED
- 20% down plus AED 149,200 in fees
Owning costs AED 500,382 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Water'S Edge?
- No gross yield is published for Water'S Edge as of 2026-10-12: fewer than 5 new Ejari contracts were registered in the last 12 months. In the last 12 months it had 7 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Business Bay median is 6.3% gross.
- How much does a 2 bedroom in Water'S Edge cost?
- The median registered sale price is AED 2.00M (1,462 AED/sqft), from 7 Dubai Land Department sales in the last 12 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 12 months have a median of 1,462 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around 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 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- What is the registered annual rent for a 2 bedroom in Water'S Edge?
- The median new annual rent is AED 135,000, from 3 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.
For agents
Send this page to a client as a branded report
Water'S Edge sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 registered sales 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
- /sale/apartments/dubai/business-bay/waters-edge
Cite as: Dubai Wealth Index. “Water'S Edge sale prices and yield.” Business Bay, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/business-bay/waters-edge
Stable dataJSON