Dubai Water Canal property prices & market data

Apartment prices, rental yield and trends from 3,255 Dubai Land Department sales.

Data through September 2026 · DLD
Median apartment price
AED 4.39M
Ready · last 12 months
Avg price / sqft · m²
AED 2,920 /sqft
AED 31,431 /m²
Ready apartments · last 12 months
Gross rental yield
5.3%
4.5% net
5-year price growth
—
Ready resale

Residential service charges here typically run AED 20.52/sqft (AED 221/m²) a year (AED 7.07–23.00/sqft, or AED 76–248/m², across 3 tracked buildings) — third-party snapshot from DXB Interact, not DLD. See fees by building →

Construction activity · 32 new buildings recorded, 20 with permits delivered (10 certified green buildings) in the wider Al Wasl (City Walk, Dubai Water Canal) district.Dubai Municipality · sample data, not a complete count.

Off-plan vs ready

Apartment price per sqft & m² · last 12 months
Ready
AED 2,920 /sqft
AED 31,431 /m²
Median AED 4.39M
97 sales
Off-plan
AED 3,357 /sqft
AED 36,134 /m²
Median AED 6.34M
520 sales

Median price by bedroom

Ready apartments · last 12 months
Studio—
1 B/RAED 2.72M
2 B/RAED 4.56M
3 B/R—

What sells in Dubai Water Canal

Ready · last 12 months
TypeSalesMedianAED/sqftAED/m²
Unit97AED 4.39M2,92031,431

Who's buying in Dubai Water Canal, and how

Buyer financing, nationality mix and residents

Cash vs mortgage (2026)

17%83%

17% mortgaged · 83% cash (by number of sales)

DLD registers mortgages by district: figure for the wider Al Wasl (City Walk, Dubai Water Canal) district.

Financing from DLD mortgage vs sale registrations. Buyer nationality/residents from official buyer & owner records & Dubai Statistics Center — richer than a simple buyer-type tag, but a proxy for who lives there.

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Methodology

Figures on this page are computed from official Dubai Land Department sale registrations for Dubai Water Canal, residential transactions only. Off-plan and ready properties are reported separately and never blended into one figure. Sales priced outside AED 50–25,000/sqft, or AED 538–269,098/m² are excluded as data-entry errors. Prices cover the last 12 months of sales to September 2026 (the last 3 years, or all years, where a community has too few recent sales). Rental yield combines DLD sale prices with Ejari-registered rents for the same segment. Data through September 2026. Mortgage financing, gifts, and non-residential usage are excluded throughout.

Dubai Water Canal — frequently asked

What is the average apartment price in Dubai Water Canal?
The median ready apartment in Dubai Water Canal sold for about AED 4.39M, roughly AED 2,920/sqft (AED 31,431/m²), over the last 12 months of official Dubai Land Department sales.
What rental yield can I expect in Dubai Water Canal?
Apartments in Dubai Water Canal yield about 5.3% gross, or roughly 4.5% net after service charges.
Is Dubai Water Canal better for off-plan or ready property?
Ready apartments trade around AED 2,920/sqft (AED 31,431/m²); off-plan around AED 3,357/sqft (AED 36,134/m²). Ask dxbpropy.ai to compare the two for your budget and bedroom count.
How has Dubai Water Canal appreciated over time?
5-year appreciation for Dubai Water Canal is computed from official Dubai Land Department resale transactions; ask dxbpropy.ai for the latest figure.
What's the most common property type in Dubai Water Canal?
Unit is the most-sold property type in Dubai Water Canal, with 97 registered sales at a median of AED 4.39M (AED 2,920/sqft (AED 31,431/m²)).
What's the service charge for a building in Dubai Water Canal?
Residential service charges in Dubai Water Canal run around AED 20.52/sqft (AED 221/m²) a year (AED 7.07–23.00/sqft, or AED 76–248/m², across 3 tracked buildings), per an independent third-party source. Confirm the exact current rate with the building's owners association before buying.