Kensington Waters

Completed|311 units · 2 buildings

Kensington Waters is a completed community by ELLINGTON PROPERTIES DEVELOPMENT L.L.C in Mohammed Bin Rashid City, comprising 311 registered units. 411 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,233 per sqft. At AED 2,233 per sqft, Kensington Waters prices 12% above the Mohammed Bin Rashid City median of AED 1,988 per sqft on registered sales.

PIX© price · ↑14.0% YoY

2.34MAED

Typical

2,233AED

PSF

Gross yield

6.5%

PIX© rent ÷ PIX© price

Sale records

411

DLD · all time

Rent contracts

269

Ejari · all time

Explore locations

2 inside Kensington Waters

Kensington Waters A

253 sales · 138 rentals

Kensington Waters B

158 sales · 131 rentals

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai17 min · 10.0 km

DXB Airport17 min · 14.8 km

DIFC21 min · 12.4 km

Dubai Marina29 min · 28.4 km

Palm Jumeirah30 min · 30.7 km

Nearest · straight-line

Metro stationBurj Khalifa/ Dubai Mall Metro Station5.1 km

MallSobha Mall1 km

SchoolMaple Bear Nursery Sobha Hartland0.4 km

HospitalDermaPlus Clinic (عيادة ديرما بلس)0.4 km

Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building

Floor

Units on floor 3

…

Studio on Floor 3, Tower A

Size
Record: Jan 2024 to Apr 2026
Owners: 3
Tenants: 2
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
2Tenant 2	19 Apr 2026		Renewal Owner 3
2Tenant 2	30 Dec 2025	4 mo	Owner 3
3Owner 3	30 Dec 2025	9 mo	Current owner Sold with tenant in place
1Tenant 1	19 Apr 2025	9 mo	Ended early Owner 2
2Owner 2	17 Jul 2024	17 mo
1Owner 1	17 Jan 2024	6 mo

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 3 · Tower A

Nightly rateAED

Occupancy (237 nights)

Fees (optional)

Management, cleaning, platform fees: a percent of revenue, or a yearly amount.

Enter a nightly rate to test your scenario against this unit’s record.

Kensington Waters2,233AED/sqft · project-wide

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 78 - 2,744 sqft	311	2.34M	2,233	↑14.0%		151K	6.5%
Residential
Studio · Apartment 460 - 478 sqft	20
1 Bed · Apartment 823 - 914 sqft	146
2 Bed · Apartment 1,182 - 1,780 sqft	88
3 Bed · Apartment 1,607 - 2,033 sqft	23
Commercial
Shop 1,237 - 2,744 sqft	4			-		-	-
Warehouse 78 - 136 sqft	30	-	-	-	-	-	-

Sales - Project-Wide411 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 Sep 2026	1 Bed	Tower B · Floor 6	826	1,890,000	2,288	+43.9%	Standard	Standard Sale
1 Sep 2026	2 Bed	Tower B · Floor 2	1,249	2,700,000	2,161	+41.9%	Standard	Standard Sale
27 Aug 2026	2 Bed	Tower A · Floor 4	1,242	2,650,000	2,134	+3.9%	Standard	Standard Sale

Rentals - Project-Wide269 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
24 Sep 2026	1 Bed	Tower A · Floor 6	825	120,000	146	-	Standard	CONTRACT
15 Sep 2026	2 Bed	Tower B · Floor 10	1,182	170,000	144	-	Premium	CERTIFICATE
12 Sep 2026	1 Bed	Tower A · Floor 3	835	140,000	168	-	Premium	CONTRACT

Comparables

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

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Kensington Waters

Compared with

Residences 16

PIX© PSF

2,234

Rank

#10 of 58

#9 of 58

Typical price

2.15M

Yield

6.2%

Units

311

121

Sales

Rents

269

140

Developer

ELLINGTON PROPERTIES DEVELOPMENT L.L.C

DUBAI HOLDING (L.L.C)

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Kensington Waters B ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	151					28	131
	Residences 21 DUBAI HOLDING (L.L.C) · Completed	42					28	37
	The Crest Tower B SOBHA REALTY · Completed	591					16	450
	The Crest Tower A SOBHA REALTY · Completed	416					22	282
	Residences 16 DUBAI HOLDING (L.L.C) · Completed	121					41	140
10	Kensington Waters ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	311	2,234	Subject	2.15M	6.2%	83	269
	The Crest SOBHA REALTY · Completed	1,598					58	1,133
	Kensington Waters A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	160					55	138
	Sobha Hartland Waves SOBHA REALTY · Completed	671					169	1,292
	Residences 5 DUBAI HOLDING (L.L.C) · Completed	123					39	122
	Waves Grande SOBHA REALTY · Completed	466					183	773

Community median 1,988 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the off-plan market. 2 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

Residences 16AED 2,235/sqft
The CrestAED 2,231/sqft
The Crest Tower AAED 2,240/sqft
The Crest Tower BAED 2,255/sqft
Residences 21AED 2,265/sqft
Kensington Waters BAED 2,266/sqft

Common questions about Kensington Waters

Answered from Dubai Land Department registered transactions.

How much does a property in Kensington Waters cost?

Property in Kensington Waters sells at a current PIX© price of AED 2,233 per sqft, or about AED 2,344,543 for a typical unit, based on 411 sales registered with the Dubai Land Department.

Is Kensington Waters completed?

Yes. Kensington Waters is recorded as completed in the Dubai Land Department project register.

Who is the developer of Kensington Waters?

Kensington Waters is developed by ELLINGTON PROPERTIES DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Kensington Waters?

Kensington Waters yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 269 registered Ejari contracts.

How many units are in Kensington Waters?

Kensington Waters holds 311 registered units, per the Dubai Land Department unit register.

Have prices in Kensington Waters gone up or down?

Price per sqft has risen +14.0% over the last 12 months, to AED 2,233, across 411 registered sales.