Kensington Waters
كنسينغتون واترزEllington Properties Development L.L.C · Home sales since 2022 · mostly resales in the 12 months to 22 Sep 2026
Dubai Land Department data shows the typical sale price (the median, ready and off-plan homes together) in Kensington Waters was AED 2,133/sqft in Jan 2026, from 6 home sales recorded.
The Land Department’s record
completed per the Land Department · 100% complete · buildings · 281 units · 2 buildings · DLD target completion June 2024
Registered developer: Ellington Properties Development L.L.C (DLD no. 1117)
Master developer: Sobha L.L.C (DLD no. 966)
Escrow account with Commercial Bank International · Zoned by Dubai Municipality
From the Land Department’s projects file, file dated 15 June 2026.
Rents recorded under SOBHA HARTLAND
Typical yearly rent of AED 100,000 across 4,572 tenancies recorded in the community over the last 12 months.
This is the community’s figure, not this project’s.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
AED 2,133/sqft
Jan 2026 · 6 home sales
—
No two months with 5+ resales 3 or more years apart.
18 months
Recorded home resales here fall in 18 months, Apr 2025 to Sep 2026. The growth beside this is drawn from the months with 5 or more of them; a figure for what they will do next is a scenario you set on the returns page.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually sold for in Kensington Waters — not an asking price, and not this project’s overall typical price, which mixes every size together.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Price per sqft trend
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What it returns
A year of rent compared with what completed homes of that size actually sold for in Kensington Waters over the same twelve months. Prices are this project’s own recorded ready-home sales. Off-plan sales are left out because rent is paid on built homes. Rents marked this building are new rent contracts recorded in Kensington Waters itself. The rest are homes of the same size in Meydan One, used where Ejari did not name the building. A red (i) marks a figure that rests on few records, with how many.
| Size | Price now, ready homes | Rents for | Yield before costs | Ready sales, 12 months |
|---|---|---|---|---|
| Studio | AED 1.05M | AED 66,000/yrsame size in Meydan One · 895 new lets | 6.3% | 3 |
| 1 bed | AED 1.86M | AED 120,000/yrthis building · 40 new lets | 6.5% | 30 |
| 2 beds | AED 2.65M | AED 165,000/yrthis building · 26 new lets | 6.2% | 9 |
| 3 beds | AED 3.95M | AED 175,000/yrsame size in Meydan One · 359 new lets | 4.4% | 3 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price. In a market that has risen as far as Dubai’s, the average is a historical price. Worked out with the typical price across every sale on record (AED 1.42M), a 1 bed here reads 8.4% instead of 6.5%. The yield in the table above uses the AED 1.86M a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from the typical owners’ association budget in this area — AED 18/sqft across 8 projects, recorded for 2026. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Yield before costs | Yield after service charge |
|---|---|---|---|---|
| 1 bed | AED 14,467 | AED 105,533 | 6.5% | 5.7% |
Only the service charge is taken off.
A separate reserve-fund line appears in 8 of the 8 project budgets counted together here; the middle of those is AED 1.2/sqft.
Yield before costs: a year of rent as a share of the price.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
Common questions about Kensington Waters
How much does a home in Kensington Waters cost?
Over the last twelve months, the typical price (the median: half sold for more than this, half for less) of a completed home in Kensington Waters was AED 1.86M for a 1-bedroom (30 ready sales). These come from sales recorded by the Dubai Land Department. They are what buyers paid, not asking prices. Only completed homes are counted: off-plan sales are left out, because they sell at a premium and are not the same purchase.
How much is rent in Kensington Waters?
The typical rent (the median: half of the rent contracts were above this, half below) in Kensington Waters is AED 120,000/yr for a 1-bedroom (40 new tenancies recorded in Kensington Waters itself). These rents come from the new rent contracts recorded in Ejari (Dubai's rent registration system) over the last twelve months. They are what tenants agreed to pay, not advertised asking rents. Ejari names the building on these contracts, so every figure above is a tenancy recorded in Kensington Waters itself.
What rental yield does Kensington Waters give?
The yield before costs on completed homes in Kensington Waters is about 6.5% on a 1-bedroom. That is a year of rent divided by what completed homes of that size sold for over the same twelve months. Rent and price both come from the same period, which is why these read lower than yields quoted against an all-time average price. Service charges, agency commission and empty periods are not taken off, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Kensington Waters selling off-plan or as resales?
0% of the 50 home sales recorded in Kensington Waters in the 12 months to 22 Sep 2026 were off-plan, and the rest were recorded as existing property rather than off-plan. That period ends at this project's own newest recorded home sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Kensington Waters start selling?
The Land Department's register holds 412 home sales in Kensington Waters. The earliest was recorded in Apr 2022 and the newest in Sep 2026. That is when a home sale here was first recorded. It is not the same as when the project launched or completed: the register of sales carries no build date, so we do not publish one.
Due diligence
Price vs. Meydan One typical price
+2.7%
Priced above the area's typical price — ask why. Jan 2026: 6 sales here against 222 in the area.
Developer track record
10,687 recorded sales
Matched to Ellington Properties Development L.L.C, across the 8 companies Keyva groups under that name, Feb 2008 to 7 Oct 2026.
16 completed · 24 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free checks you can run yourself.
Verification guide →Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Dubai Land Department · developer register The Land Department's developer register. File dated 1 Oct 2026 · synced 3 Oct 2026.
Handover competition
High competitionWhen Kensington Waters handed over in June 2024, 24 other projects in Meydan One had a handover date on record within six months either side — a reference point for how crowded that period was. The Land Department's projects file of 15 Jun 2026 lists 20 other projects in Meydan One as not yet finished, including 1 of the 24 listed below.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11
District One - FZ
Mohammed Bin Rashid Al Maktoum City , District One Phase III , A Villas
District One - FZ
Azizi Riviera 46
Azizi Developments L.L.C
Azizi Riviera 47
Azizi Developments L.L.C
Azizi Riviera 45
Azizi Developments L.L.C
Azizi Riviera 43
Azizi Developments L.L.C
Azizi Riviera 41
Azizi Developments L.L.C
Azizi Riviera 42
Azizi Developments L.L.C
Azizi Riviera 36
Azizi Developments L.L.C
Azizi Riviera 44
Azizi Developments L.L.C
Azizi Riviera 38
Azizi Developments L.L.C
Azizi Riviera 37
Azizi Developments L.L.C
Azizi Riviera 39
Azizi Developments L.L.C
Azizi Riviera 48
Azizi Developments L.L.C
Sobha Hartland Waves
Sobha L.L.C
Azizi Riviera 40
Azizi Developments L.L.C
Azizi Riviera 3
Azizi Developments L.L.C
Mohammed Bin Rashid Al Maktoum City District One- C Villas
District One - FZ
Mohammed Bin Rashid Al Maktoum City District One B Extension Villas
District One - FZ
Mohammed Bin Rashid Al Maktoum City District One, B Villas
District One - FZ
Sobha Hartland Villas Phase III
Sobha L.L.C
Azizi Riviera 1
Azizi Developments L.L.C
Azizi Riviera Reve
Azizi Developments L.L.C
Sobha Hartland Waves Grande
Sobha L.L.C
Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.
Buildings in this project
Priced from each tower’s own recorded sales, rather than the project’s typical price above.
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other projects in Meydan One
Each price is the project’s newest month with 5 or more recorded home sales, from Oct 2025 to 7 Oct 2026. Priced projects first, then the most home sales from Nov 2025 to 7 Oct 2026, then A–Z. Where a project has no month with that many, its newest month with any sale is shown instead, with a red (i) and its count.
Sobha L.L.C
Sep 2026 · 12 home sales
Sobha L.L.C
Sep 2026 · 21 home sales
Sobha L.L.C
Sep 2026 · 8 home sales
Azizi Developments L.L.C
1–7 Oct 2026 · 14 home sales
Sobha Realty
Sep 2026 · 14 home sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in Kensington Waters?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.