Dubai Market Data
Registered sales and Ejari contracts, organized for clear comparisons and better property decisions.
THE RINGS
Under constructionDeveloped by P M R DEVELOPMENT L.L.C. Located in Jumeirah Second.
Construction progress12%Expected 25 Dec 2025
Units132 buildings · 0 villas
Registered sales61 in the last 12 months
Median sale priceAED 63.50MMedian of registered salesAED 6,907/sqft
Registry record
- Project number
- 2767
- Name on the register
- الخواتم
- Developer
- P M R DEVELOPMENT L.L.C
- Master developer
- مراس العقارية (ش.ذ.م.م)
- Escrow agent
- COMMERCIAL BANK OF DUBAI(PSC)
- Zoning authority
- Dubai Municipality
- Master project
- Dubai Water Canal
- Start date
- 20 Jan 2024
- Expected completion
- 25 Dec 2025
- Actual completion
- 25 Dec 2025
- Cancelled
- Not recorded
- Plots
- 0
- Progress
- 12%
Residential building consisting of basement + ground floor + 5 floors + roof.The project designed to have a concrete structure and block with internal and external finishes.
Sales evidence
Registered sales in this project
All sales| Date | Community | Project / building | Type | Beds | Size | Price/sqft | Price |
|---|---|---|---|---|---|---|---|
| 16 Jul 2026 | Jumeirah Second | THE RINGSDubai Water Canal | FlatResidential · Off-Plan Properties | 5 B/R | 8,509 sqft | AED 7,639/sqft | AED 65,000,000 |
| 25 Feb 2025 | Jumeirah Second | THE RINGSDubai Water Canal | FlatResidential · Off-Plan Properties | 5 B/R | 8,625 sqft | AED 7,189/sqft | AED 62,000,000 |
| 25 Feb 2025 | Jumeirah Second | THE RINGSDubai Water Canal | FlatResidential · Off-Plan Properties | 5 B/R | 8,513 sqft | AED 6,931/sqft | AED 59,000,000 |
| 6 Feb 2025 | Jumeirah Second | THE RINGSDubai Water Canal | FlatResidential · Off-Plan Properties | 7 B/R | 17,143 sqft | AED 6,883/sqft | AED 118,000,000 |
| 5 Apr 2024 | Jumeirah Second | THE RINGSDubai Water Canal | FlatResidential · Off-Plan Properties | 6 B/R | 11,302 sqft | AED 6,105/sqft | AED 69,000,000 |
| 15 Nov 2021 | Jumeirah Second | THE RINGSDubai Water Canal | LandCommercial · Existing Properties | Not specified | 44,252 sqft | AED 853/sqft | AED 37,761,000 |
Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.