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Water's Edge is a completed apartment development by DAMAC STAR PROPERTIES (L L C) in Business Bay, comprising 222 registered units. 393 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,616 per sqft. At AED 1,616 per sqft, Water's Edge prices 34% below the Business Bay average of AED 2,432 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 357 – 3,661 sqft | 222 | 1.55M | 1,616 | ↓10.9% | 91K | 5.8% | |
| Residential | |||||||
Studio · Apartment 357 – 560 sqft | 66 | ||||||
1 Bed · Apartment 674 – 1,257 sqft | 78 | ||||||
2 Bed · Apartment 1,196 – 3,182 sqft | 34 | ||||||
3 Bed · Apartment 1,518 – 2,092 sqft | 23 | ||||||
| Commercial | |||||||
Office 2,799 – 3,661 sqft | 2 | — | — | — | — | — | — |
Shop 364 – 1,837 sqft | 19 | ||||||
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 6 Aug 2026 | 2 Bed | Floor 6 | 1,754 | 2,180,000 | 1,243 | -32.1% | Entry Level | Standard Sale |
| 2 Jul 2026 | Studio | Floor 15 | 402 | 760,000 | 1,891 | -5.0% | Standard | Standard Sale |
| 9 Jun 2026 | 2 Bed | Floor 20 | 1,268 | 2,000,000 | 1,577 | +17.6% | Premium | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 176 rentals |
| Floors 4-13 | 83 rentals |
| Floors 14-21 | 93 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Oct 2026 | 2 Bed | — | 1,338 | 105,000 | 78 | — | Standard | renewal |
| 16 Aug 2026 | Studio | Floor 17 | 397 | 55,000 | 139 | -17.9% | Standard | new |
| 15 Aug 2026 | Studio | Floor 12 | 560 | 73,000 | 130 | 0.0% | Premium | renewal |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Business Bay
The closest-priced registered projects in Business Bay.
- The ExchangeAED 1,622/sqft
- NoblesAED 1,608/sqft
- Oxford TowerAED 1,602/sqft
- Hamilton ResidencyAED 1,593/sqft
- Millennium Binghatti Residences Business BayAED 1,642/sqft
- Clover BayAED 1,587/sqft
Common questions about Water's Edge
Answered from Dubai Land Department registered transactions.
How much does a property in Water's Edge cost?
Property in Water's Edge sells at a current PIX© price of AED 1,616 per sqft, or about AED 1,553,641 for a typical unit, based on 393 sales registered with the Dubai Land Department.
Is Water's Edge completed?
Yes. Water's Edge is recorded as completed in the Dubai Land Department project register (completed q4 2013).
Who is the developer of Water's Edge?
Water's Edge is developed by DAMAC STAR PROPERTIES (L L C), the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Water's Edge?
Water's Edge yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,105 registered Ejari contracts.
How many units are in Water's Edge?
Water's Edge holds 222 registered units, per the Dubai Land Department unit register.
Have prices in Water's Edge gone up or down?
Price per sqft has fallen -10.9% over the last 12 months, to AED 1,616, across 393 registered sales.
About Water's Edge
Water's Edge is a completed high-rise hotel apartments building in Business Bay, Dubai, developed by DAMAC Properties and operating as DAMAC Maison Canal Views.
Overview and Branding
Originally launched as Water's Edge in Business Bay, the project is a luxury waterfront serviced apartment tower now branded and operated as DAMAC Maison Canal Views. The development was completed by DAMAC Properties through its subsidiary DAMAC Star Properties LLC.
Structural Specifications and Timeline
The single-tower structure rises to an estimated height of 89 meters and spans 21 to 22 floors above ground, supported by a substructure of two basement levels and a two-level parking podium. Construction commenced in June 2010 and reached completion in December 2013.
Accommodations and Inventory
The tower houses an estimated 211 to 222 units, featuring fully furnished studios, one-, two-, and three-bedroom suites. It also contains 19 retail spaces and 2 office units. Studio sizes range from 357 to 560 sq ft, one-bedroom apartments span 674 to 1,257 sq ft, two-bedroom apartments span 1,196 to 3,182 sq ft, and three-bedroom units range from 1,518 to 2,092 sq ft.
Amenities and Services
On-site facilities include the La Maison Mediterranean restaurant, Chrysalis Spa with a sauna and steam room, a state-of-the-art gymnasium, an outdoor swimming pool with a kids' pool, a themed children's play area, and ground-floor retail arcades. Dedicated services feature valet parking, 24/7 concierge, and housekeeping.
Location and Accessibility
Situated on Al Abraj Street in central Business Bay, the property borders the Dubai Water Canal, offering quick access to Marasi Drive, Sheikh Zayed Road, and Al Khail Road. It is located close to the Business Bay Metro Station, the Burj Khalifa, the Dubai Mall, and Dubai Opera.
- La Maison RestaurantA Mediterranean-themed restaurant serving international cuisines inside the building.
- Swimming PoolAn outdoor shared swimming pool including a children's pool.
- GymnasiumState-of-the-art fitness center and health club.
- Chrysalis SpaA dedicated wellness facility offering a sauna, steam room, and Jacuzzi.
- Kids Play AreaA colorfully themed jungle-style children's playground and kids club.
- Coffee LoungeA relaxing coffee lounge situated within the building.
- Landscaped Roof GardenA beautifully landscaped roof garden featuring an outdoor cafe.
- Retail ArcadeDouble-height ground floor retail spaces containing specialty shops.