PropertyIndex

Water's Edge

Completed · Q4 2013|222 units · 1 tower

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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.

PIX© price · 10.9% YoY
1.55MAED
Typical
1,616AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
393
DLD · all time
Rent contracts
1,105
Ejari · all time
Water's Edge

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
357 – 3,661 sqft
2221.55M1,61610.9%91K5.8%
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
Sales — Project-Wide393 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
6 Aug 20262 BedFloor 61,7542,180,0001,243-32.1%Entry LevelStandard Sale
2 Jul 2026StudioFloor 15402760,0001,891-5.0%StandardStandard Sale
9 Jun 20262 BedFloor 201,2682,000,0001,577+17.6%PremiumStandard Sale
Rentals — Project-Wide1,105 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 176 rentals
Floors 4-13 · 83 rentals
Floors 14-21 · 93 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Oct 20262 Bed1,338105,00078Standardrenewal
16 Aug 2026StudioFloor 1739755,000139-17.9%Standardnew
15 Aug 2026StudioFloor 1256073,0001300.0%Premiumrenewal

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.

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.

Amenities
  • La Maison Restaurant
    A Mediterranean-themed restaurant serving international cuisines inside the building.
  • Swimming Pool
    An outdoor shared swimming pool including a children's pool.
  • Gymnasium
    State-of-the-art fitness center and health club.
  • Chrysalis Spa
    A dedicated wellness facility offering a sauna, steam room, and Jacuzzi.
  • Kids Play Area
    A colorfully themed jungle-style children's playground and kids club.
  • Coffee Lounge
    A relaxing coffee lounge situated within the building.
  • Landscaped Roof Garden
    A beautifully landscaped roof garden featuring an outdoor cafe.
  • Retail Arcade
    Double-height ground floor retail spaces containing specialty shops.
Also known as DAMAC Maison Canal Views, Waters Edge.