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. 416 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,285 per sqft. At AED 2,285 per sqft, Kensington Waters prices 14% above the Mohammed Bin Rashid City median of AED 2,005 per sqft on registered sales.

PIX© price · ↑9.9% YoY

2.35MAED

Typical

2,285AED

PSF

Gross yield

6.5%

PIX© rent ÷ PIX© price

Sale records

416

DLD · all time

Rent contracts

293

Ejari · all time

Explore locations

2 inside Kensington Waters

Kensington Waters A

254 sales · 157 rentals

Kensington Waters B

162 sales · 136 rentals

Location data © OpenStreetMap contributors

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai17 min · 10.0 km

DXB Airport18 min · 14.8 km

DIFC21 min · 12.4 km

Dubai Marina29 min · 28.4 km

Palm Jumeirah30 min · 30.7 km

Nearby · straight-line

Metro stationBurj Khalifa / Dubai Mall5.1 km

MallThe Dubai Mall4 km

SchoolNorth London Collegiate School0.6 km

HospitalBarraquer Eye Hospital3.7 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	10 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)

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Kensington Waters2,285AED/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	2.35M	2,285	↑9.9%		152K	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-Wide416 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
19 Oct 2026	3 Bed	Tower B · Floor 8	1,607	3,800,828	2,365	-	Standard	Standard Sale
13 Oct 2026	1 Bed	Tower B · Floor 12	835	2,283,828	2,736	-	Premium	Standard Sale
12 Oct 2026	1 Bed	Tower B · Floor 2	835	1,750,000	2,097	+32.1%	Entry Level	Standard Sale

Rentals - Project-Wide293 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
1 Nov 2026	Studio	Tower A · Floor 7	460	66,000	143	-	Standard	CERTIFICATE
31 Oct 2026	1 Bed	Tower B · Floor 12	835	108,000	129	-	Entry Level	CONTRACT
26 Oct 2026	1 Bed	Tower B · Floor 3	827	110,000	133	-	Entry Level	CONTRACT

Comparables

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

Map of comparable projects in this community

Location data © OpenStreetMap contributors

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

This project

Kensington Waters

Compared with

The Crest Tower A

PIX© PSF

2,220

Rank

#9 of 58

#8 of 58

Typical price

2.15M

Yield

6.3%

Units

311

416

Sales

Rents

293

326

Developer

ELLINGTON PROPERTIES DEVELOPMENT L.L.C

SOBHA REALTY

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Residences 23 DUBAI HOLDING (L.L.C) · Completed	53					15	39
	Residences 21 DUBAI HOLDING (L.L.C) · Completed	42					28	40
	Residences 16 DUBAI HOLDING (L.L.C) · Completed	121					41	143
	The Crest Tower B SOBHA REALTY · Completed	591					18	535
	The Crest Tower A SOBHA REALTY · Completed	416					23	326
9	Kensington Waters ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	311	2,220	Subject	2.15M	6.3%	88	293
	Kensington Waters B ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	151					32	136
	The Crest Tower C SOBHA REALTY · Completed	486					14	396
	The Crest SOBHA REALTY · Completed	1,598					64	1,342
	Kensington Waters A ELLINGTON PROPERTIES DEVELOPMENT L.L.C · Completed	160					56	157
	Sobha Hartland Waves SOBHA REALTY · Completed	671					179	1,375

Community median 2,005 AED/sqft. Showing the closest-ranked peers of 58 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 51 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 23AED 2,282/sqft
Residences 6AED 2,299/sqft
Residences 21AED 2,265/sqft
Berkeley PlaceAED 2,309/sqft
Residences 16AED 2,230/sqft
The Crest Tower BAED 2,229/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 2,285 per sqft, or about AED 2,348,903 for a typical unit, based on 416 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 293 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 +9.9% over the last 12 months, to AED 2,285, across 416 registered sales.