Dubai Water Canal
ZoneIQ Score · Preview · 4 of 6 factorsWeak on today's numbers. In Dubai Water Canal, the median home sold for AED 2.62M (AED 3,082/sqft, +1.8% in 12 months) across 635 sales in the 12 months to Oct 2026. Median rent is AED 210,000 a year: 5.07% gross yield, 4.18% net (estimated). 466 new units are due within 24 months.
Source: DLD open data · Information, not financial advice. Not an official DLD product.
Net yield of 4.18%, against a Dubai median of 4.60%.
Net yield of 4.18% is below the Dubai median of 4.60%.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 635 sales, 322 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Rent minus service charge and 5% for vacancy and management, divided by price plus 6% buying costs.
- Leaves out
- Mortgage interest and tax in your home country.
Evidence
- Source
- DLD sales and Ejari rent contracts
- Sample
- 635 sales, 322 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median rent divided by median price.
- Leaves out
- Every cost of owning and buying.
Evidence
- Source
- DLD registered sales
- Sample
- 635 sales
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
- Leaves out
- Listings and asking prices.
Evidence
- Source
- Ejari rent contracts
- Sample
- 322 rent contracts
- Period
- 12 months to 22 October 2026
- How
- Median of the registered records, so half were above it.
Evidence
- Source
- DLD registered sales
- Sample
- 635 sales
- Period
- 12 months to 22 October 2026
- How
- A count of registered records.
Price per sqft, 5 years
Why 33
Preview score from 4 of 6 factors. The other factors need data we are still adding.
How the score worksPrices by unit type
Check a deal hereConverted at European Central Bank reference rates of 26 October 2026, through the dirham's fixed US dollar rate (3.6725). Indicative only: your bank's rate will differ.
| Unit | Ready price | Price / sqft | Sales |
|---|---|---|---|
| Studio | – | 3,299 | 75 |
| 1 bedGolden Visa level | AED 2.77M | 2,957 | 233 |
| 2 bedGolden Visa level | AED 4.67M | 2,981 | 178 |
| 3 bedGolden Visa level | AED 6.48M | 3,876 | 110 |
Median ready prices and DLD sales in the last 12 months.
Rents and yields by unit type
Yield by unit type| Unit | Rent / yr | Gross | Net |
|---|---|---|---|
| 1 bed | AED 154K | 5.55% | 4.58% |
| 2 bed | AED 215K | 4.60% | 3.67% |
| 3 bed | AED 340K | 5.25% | 4.18% |
Median annual rent from Ejari contracts in the last 12 months. Net yield is after service charge and buying costs.
Rent increase calculator Net vs gross yield, explainedGolden Visa and property, explained
New supply, next 24 months
466 unitsHandovers peak in 2027 Q1.
Developers with projects here
- H & H Development: 466 units in 1 projects
Who Dubai Water Canal suits, on the numbers
- Golden Visa buyers: median ready prices for 1-bedroom homes, 2-bedroom homes, 3-bedroom homes are at the AED 2M level.
- Off-plan buyers: 81% of sales are off-plan, across 2 projects under construction.
Rules applied to the data above. Not advice.
Off-plan here
Off-planBuildings and projects in Dubai Water Canal
| Project | Developer | Status | Median price | Price / sqft | Sales |
|---|---|---|---|---|---|
| Damac City 2 | Pinnacle Real Estate Developments | 6% | AED 2.24M | 3,015 | 300 |
| Eden House The Park | H & H Development | 64% | AED 8.07M | 3,947 | 108 |
Living in Dubai Water Canal
- Metro stations (within 1.5 km)
- None within 1.5 km
- Supermarkets (within 1.0 km)
- 2
- Named parks (within 1.0 km)
- 1
- Beach (within 1.0 km)
- No
Source: OpenStreetMap contributors (ODbL), map data of 15 July 2026. Counts within 1.0 km of the area's centre point; distances are approximate. OSM is volunteer data and can miss places.
Nearby areas compared
Compare with other areas| Area | Net yield | Price / sqft |
|---|---|---|
| Dubai Water Canal | 4.18% | 3,082 |
| Business Bay | 4.27% | 2,367 |
| City Walk | 4.23% | 3,205 |
| Jumeira Bay | – | – |
| Downtown Dubai | 4.10% | 3,030 |
| La Mer | 4.17% | 2,909 |
Areas at a similar price compared
Dubai Maritime CityJBRLa MerDubai Creek HarbourWasl 1Palm Deira
Closest areas with enough sales, by distance between area centres. Similar price: areas with the closest median sale price.
Questions investors ask
Is Dubai Water Canal a good investment?
ZoneIQ does not give advice, but the numbers are these. Estimated net yield is 4.18%, against a Dubai median of 4.60%. Price per sqft changed +1.8% in 12 months. There were 635 sales in 12 months, and 466 new units are due within 24 months.
Is Dubai Water Canal freehold?
Yes, on DLD's register: 3,638 of 3,638 registered units in Dubai Water Canal are marked freehold. Source: DLD, Registered Freehold Real Estate Units, 13 October 2026. Rules can differ by plot, and in free zones by the zone authority, so check the title deed of a specific unit before you buy.
What is the average rent in Dubai Water Canal?
The median rent in Dubai Water Canal is AED 210,000 a year, from 322 Ejari contracts in the last 12 months. By unit type: 1-bedroom homes AED 153,500, 2-bedroom homes AED 215,000, 3-bedroom homes AED 340,000.
How much is a 1-bedroom home in Dubai Water Canal?
The median ready price is AED 2.77M (AED 2,957 per sqft, about 772 sqft), from 233 DLD sales in the last 12 months.
What is the rental yield in Dubai Water Canal?
The median gross rental yield in Dubai Water Canal is 5.07%, from 322 Ejari contracts and DLD sales in the last 12 months. After service charges and buying costs, the estimated net yield is 4.18%.
Which unit type earns the highest yield in Dubai Water Canal?
1 bed show the highest estimated net yield at 4.58%, with a median ready price of AED 2.77M and a median rent of AED 153,500 a year.
Have property prices gone up in Dubai Water Canal?
The median price per sqft changed +1.8% in the 12 months to Oct 2026, to AED 3,082. This is past change, not a forecast.
Where is Dubai Water Canal in Dubai?
In the DLD project registry, Dubai Water Canal projects sit in the Al Wasl land area. The closest areas covered on ZoneIQ are Business Bay and City Walk.
Get help with Dubai Water Canal from a RERA-licensed specialist.
Sources: DLD sales (635 in the last 12 months) and Ejari rent contracts (322), DLD project registry, via Dubai Data. Data through 22 October 2026. Service charges: DLD Service Charge Index (Mollak) where shown, otherwise a Dubai-wide estimate. Source · Freehold: DLD, Registered Freehold Real Estate Units, 13 October 2026, Data Dubai · ZoneIQ gives information, not financial or investment advice. Figures are medians and estimates. Check any unit yourself before you commit.