Damac Maison Canal Views (Waters Edge - Burj Damac 5) — Business Bay Market Analysis

Key Metrics

Median Price

Value: AED 1,240,000
Change: 2.9% YoY

Transactions

Value: 442
Change: 19 in period

Price / sqft

Value: AED 1,579

Handover Status

Value: P1
Change: Delivered — ready sale recorded

Median Price

AED 1,240,000

↓ 2.9% YoY

Transactions

442

↑ 19 in period

Price / sqft

AED 1,579

Handover

Delivered

Capital Return

Value: -2.8%

Holding Period

Value: 6.0 yrs

Liquidity

Value: 9.1%

Price Dispersion

Value: 8.8%

Ready Market Mix

Value: 0.0%

Rental Activity

Value: 34.8%

Capital Return

-2.8%

Holding Period

6.0 yrs

Liquidity

9.1%

Price Dispersion

8.8%

Ready Market Mix

0.0%

Rental Activity

34.8%

Rental Volume

Value: 942

Avg Annual Rent

Value: AED 85,753

New Leases

Value: 69.4%

Renewals

Value: 30.6%

Rental Volume

942

Avg Annual Rent

AED 85,753

New Leases

69.4%

Renewals

30.6%

Studio 66 units · 33%

1 Bedroom 78 units · 39%

2 Bedroom 34 units · 17%

3 Bedroom 24 units · 12%

Off-Plan Primary

22%

Off-Plan Secondary

Ready Primary

104

24%

Ready Secondary

239

54%

Median Price — Damac Maison Canal Views (Waters Edge - Burj Damac 5)

Median prices in Damac Maison Canal Views (Waters Edge - Burj Damac 5) have declined significantly, down 42% to AED 1.1M over the past 9 months.

Date	Type	Price (AED)	Size (sqft)	AED/sqft
Feb 18, 2026	RP Secondary	890,000	476	1,868
Feb 17, 2026	RP Secondary	1,300,000	910	1,428
Jan 20, 2026	RP Secondary	1,240,000	816	1,518
Jan 15, 2026	RP Secondary	2,000,000	1,270	1,574
Dec 05, 2025	RP Secondary	1,425,000	986	1,444
Nov 05, 2025	RP Secondary	2,300,000	1,383	1,662
Oct 15, 2025	RP Secondary	840,000	511	1,643
Oct 09, 2025	RP Secondary	920,000	511	1,799
Aug 28, 2025	RP Secondary	3,175,000	2,058	1,542
Jul 22, 2025	RP Secondary	1,800,000	1,314	1,369