The Rings

Apartments

Starting from

AED 87,000,000

Bedrooms: On request
Size: 8,509–17,143 sqft
Payment plan: On request
Completion: 12%
Available: On request
Handover: Q4 2025

About The Rings

Project Overview & Scale

The Rings is a residential development on the Dubai Water Canal, delivered across two buildings. Each building rises to basement level plus ground floor, five upper floors, and a roof level, making it a boutique low-rise project with a total of 13 units across both structures. Construction started in January 2024 with a targeted completion date of December 2025.

Construction & Finish Quality

The structural system is reinforced concrete with block-work partitions, completed with internal and external finishes to developer specification. The two buildings share a consistent architectural language, designed to reflect the waterfront character of the Dubai Water Canal corridor. With only 13 residences across both towers, the development prioritises low-density living over volume.

Developer Background

The Rings is developed by Meraas, the Dubai-based developer responsible for several prominent mixed-use and residential districts across the city, including City Walk, La Mer, and Bluewaters Island. Meraas projects are registered and regulated under the Dubai Land Department, with escrow banking provided by Commercial Bank of Dubai for this project.

Investment Case

Pricing for available units starts at AED 87 million, with at least one unit listed at AED 94 million and another at AED 145 million, reflecting the ultra-prime positioning of the project. Buyers seeking property for sale in Dubai Water Canal can benefit from the development’s exclusive waterfront address, limited inventory, and strong long-term investment potential. The limited supply of 13 units total, combined with a prominent Dubai Water Canal location, supports long-term capital value. The project was approximately 12 percent complete as of the most recent DLD data, with handover targeted for Q4 2025.

Key highlights

Only 13 residences across two buildings on the Dubai Water Canal
Ultra-prime pricing from AED 87M per unit
Reinforced concrete structure with full internal and external finishes
Developed by Meraas, escrow held at Commercial Bank of Dubai
Construction started January 2024, targeted completion December 2025

Why this project

13 ultra-prime residences across two boutique buildings on the Dubai Water Canal, priced from AED 87M.

Location

Dubai Water Canal Connectivity

The Dubai Water Canal links Business Bay to the Arabian Gulf, passing through Safa Park and Al Wasl. Residents benefit from direct canal frontage and proximity to Sheikh Zayed Road, providing fast access to Downtown Dubai, DIFC, and Dubai Marina. As a well-connected community in Dubai, the surrounding neighbourhood offers a balanced urban lifestyle with retail, dining, and cycling tracks along the canal promenade, enhancing its appeal for both residents and investors.

Project information

Developer: Meraas
Location: Dubai Water Canal
Handover: Q4 2025
Total units: 13
RERA Escrow: Commercial Bank of Dubai
DLD Project #: 2767

DLD-verified today

Project intelligence

Live DLD data

Real Dubai Land Department transactions and rent contracts — not developer marketing.

The Rings — handover progress

12%

LaunchJan 2024

Today0mo to handover

HandoverQ4 2025

Dubai Water Canal market

2 br · 191 sales analyzed

High activity

Avg / sqft

AED 3,295

Sales last 6 mo

Year-on-year

-16.5%

Off-plan vs ready

6.2% cheaper

AED 3,224 vs 3,439

0.3%

Indicative gross yield

At the starting price of AED 87,000,000, typical rent for a 2 br in Dubai Water Canal (AED 220,000/year, ~AED 18,300/month) implies a 0.3% gross yield.

Based on 193 DLD rent contracts in the last 12 months. Gross yield excludes service charges, vacancy and management fees.

Source: Dubai Land Department open data. Analytics are computed from registered transactions and rent contracts; figures are indicative and not a guarantee of future performance.

Frequently asked questions about The Rings

Where is The Rings located?

The Rings is located in Dubai Water Canal, Dubai. Dubai Water Canal is a freehold community in Dubai — international buyers can take 100% ownership with full title at the Dubai Land Department.

Who is the developer of The Rings?

The Rings is developed by Meraas. The project is registered with the Dubai Land Department and governed by RERA-mandated escrow accounts, meaning buyer payments are released to Meraas only as construction milestones are independently verified.

How much does The Rings cost?

Off-plan units at The Rings start from From AED 87M. Pricing varies by unit type, bedroom count, floor and view — see live availability and floor plans above for full details.

When is the handover for The Rings?

The Rings is currently scheduled for handover in Q4 2025. Handover dates are tracked against DLD escrow milestones and updated as construction progresses.

What payment plan does The Rings offer?

The Rings ships with a staged payment plan tied to construction milestones. Most Meraas projects use 60/40 or 70/30 splits between construction and handover, with some extending post-handover plans of 1–3 years. Reach out via the form below for the full plan and current incentives.

Can foreigners buy at The Rings?

Yes. The Rings is in a Dubai freehold zone, so international buyers can take 100% ownership with full title registered at the Dubai Land Department. Purchases above AED 2 million qualify for the 10-year UAE Golden Visa, and properties above AED 750,000 qualify for a 2-year residence visa.

How do I buy a unit at The Rings?

Reserve a unit directly through Disruptive Real Estate (RERA ORN 1167819). Submit the form below with your contact details and we'll send the latest availability, floor plans, payment plans and pricing — direct from Meraas, with no inflated agent commissions.

Get the The Rings brochure

Floor plans, payment plans and current availability — direct from Meraas via Disruptive Real Estate. No inflated commissions, no spam. One business-day reply.