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Dubai Water Canal, Dubai: property prices and location

What homes in Dubai Water Canal sold for, from Dubai Land Department sale registrations, and where it is.

James Paul Booth
The agent's view
“I price every home here from what actually sold in the same tower and layout, never from the asking price.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

Homes in Dubai Water Canal sold for a median of AED 3.78m in the 12 months to 20 October 2026, across 653 sales registered with the Dubai Land Department (DLD). Apartments sold for AED 3,245 per sq ft, and 85% of all sales were off-plan. These are prices paid, not listings.

Registered sale prices from the Dubai Land Department, not asking prices of listings. Updated 21 October 2026. Method.

Checked 21 October 2026. Sources are listed under each section. This page gives information. It is not legal, tax or financial advice.

Dubai Water Canal property prices: what homes sold for

Home, 12 months to 20 October 2026SalesMedian pricePer sq ftOff-plan
Studio apartments70AED 1.31mAED 3,322100%
1-bedroom apartments217AED 2.30mAED 2,95792%
2-bedroom apartments190AED 4.67mAED 3,09267%
3-bedroom apartments135AED 12.13mAED 4,55892%
Apartments with 4 or more bedrooms41AED 40.20mAED 5,24790%

A row needs 10 or more sales. Some sales carry no bedroom count, so the rows add up to less than the total. Per sq ft is for apartments only: many villa records give the plot area.

653home sales in 12 months
AED 3.78mmedian price, all homes
AED 3,245per sq ft, apartments
85%of sales were off-plan

Dubai Water Canal apartment price per sq ft by quarter

QuarterApartments, per sq ftHome sales
2024 Q4AED 2,150144
2025 Q1AED 2,958138
2025 Q2AED 3,267490
2025 Q3AED 3,219318
2025 Q4AED 3,223256
2026 Q1AED 3,298200
2026 Q2AED 3,277129
2026 Q3AED 3,281116

Against the year before

  • Number of sales. 653 home sales in the 12 months to 20 October 2026, against 1,150 in the 12 months before (−43.2%).
  • Finished apartments, like for like. With the same bed sizes as a year before, the median price per sq ft of finished apartments moved +14.1%.

Buildings in Dubai Water Canal with the most sales

BuildingSales, 12 monthsMedian price
Eden House The Park (whole project)99AED 9.00m

Source: Dubai Land Department sale registrations to 20 October 2026, BUY DUBAI facts cube. Medians; a figure needs 10 or more sales, a change 30 or more on both sides.

Dubai Water Canal location

CommunityDubai Water Canal
Counted asthe Land Department master project Dubai Water Canal (land areas Al Wasl and Jumeirah Second)
CityDubai, United Arab Emirates
Nearest metro stationBusiness Bay Metro Station
Nearest mallDubai Mall
Nearest landmarkBurj Khalifa

Location fields as the Dubai Land Department records them on the sale registrations (nearest metro, mall and landmark are the Land Department's own fields, most common value on 2023–2025 sales).

Prices by home type

Questions

How much do homes cost in Dubai Water Canal?

The median home in Dubai Water Canal sold for AED 3.78m in the 12 months to 20 October 2026, across 653 registered sales.

How much is an apartment in Dubai Water Canal?

The median apartment sold for AED 3.78m (653 sales, AED 3,245 per sq ft).

How much of Dubai Water Canal is sold off-plan?

85% of home sales in the 12 months to 20 October 2026 were off-plan, sold before completion.

Where is Dubai Water Canal? What is the nearest metro station?

The Land Department records give Business Bay Metro Station as the nearest metro station for homes sold in Dubai Water Canal, and Burj Khalifa as the nearest landmark.

Which Land Department area is Dubai Water Canal?

This page counts the Land Department master project Dubai Water Canal (land areas Al Wasl and Jumeirah Second).

Where the figures come from

Every figure on this page counts the Land Department master project Dubai Water Canal (land areas Al Wasl and Jumeirah Second).

Sales: Dubai Land Department sale registrations (sales and off-plan sales; gifts, grants and mortgages left out), homes only, extreme prices per sq ft left out. A median is the middle sale, so a few very dear or very cheap homes do not move it. Off-plan means sold before completion, by the developer or by an earlier buyer. A figure is shown only when it rests on 10 or more sales, and a change only when both years have 30 or more; otherwise the line is left out.

These are prices homes sold for, not adverts: this page lists no homes for sale. All figures come from one dataset, the BUY DUBAI facts cube, built from the Land Department records each night. Updated 21 October 2026. Data view.

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.