PropertyIndex

The Rings

Under Construction · Due Q4 2025 · 12%|13 units · 2 buildings

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The Rings is an under-construction apartment development by P M R DEVELOPMENT L.L.C in Dubai Water Canal, Jumeirah Second, comprising 13 registered units. 5 sales are registered with the Dubai Land Department, at a current PIX© price of AED 6,698 per sqft. At AED 6,698 per sqft, The Rings prices 100% above the Dubai Water Canal average of AED 3,345 per sqft on registered sales.

PIX© price
75.46MAED
Typical
6,698AED
PSF
Gross yield
Awaiting handover
PIX© rent ÷ PIX© price
Sale records
5
DLD · all time
Rent contracts
Awaiting handover
Ejari · all time
The Rings

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 YoY
PIX© Core
Project-Wide
2,717 – 17,690 sqft
1375.46M6,698
Residential
5 Bed · Apartment
8,509 – 8,625 sqft
4
6 Bed · Apartment
10,948 – 13,656 sqft
6
7 Bed · Apartment
17,143 – 17,690 sqft
2
Commercial
Shop
2,717 sqft
1
No rental contracts registered — the project has not handed over.
Sales — Project-Wide5 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
DatePositionSizePricePSFvs Prior SaleTierType
15 Jul 2026Tower 2 · Floor 38,50965,000,0007,639StandardOff-Plan Sale
25 Feb 2025Tower 2 · Floor 18,62562,000,0007,189StandardOff-Plan Sale
25 Feb 2025Tower 2 · Floor 18,51359,000,0006,931StandardOff-Plan Sale
Rentals — Project-Wide
PIX© rent analysis
No Ejari rental contracts. Contracts appear once handover occurs and tenancies are registered.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Water Canal

The closest-priced registered projects in Dubai Water Canal.

Common questions about The Rings

Answered from Dubai Land Department registered transactions.

How much does a property in The Rings cost?

Property in The Rings sells at a current PIX© price of AED 6,698 per sqft, or about AED 75,458,323 for a typical unit, based on 5 sales registered with the Dubai Land Department.

When is The Rings handing over?

The Rings is under construction, due q4 2025, and is 12% complete against the Dubai Land Department's reported progress.

Who is the developer of The Rings?

The Rings is developed by P M R DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

How many units are in The Rings?

The Rings holds 13 registered units, per the Dubai Land Department unit register.