About The Rings
The Rings is a residential development by P M R Development, in Dubai Water Canal, Dubai. The project comprises 13 homes across 2 buildings.
Key information
Developer
P M R Development
- Handover
- Q4 2025
- Status
- Handed over
- Location
- Dubai Water Canal, Dubai
- Master project
- Dubai Water Canal
- Construction started
- 2024
- Number of buildings
- 2
- Number of units
- 13
- Registered with DLD
- 25 Oct 2023
- Escrow bank
- Commercial Bank of Dubai
- Escrow account no.
- 1008014829
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Handed overQ4 2025
Construction progress
46 inspection photos from the Dubai Land Department. Latest 26 Aug 2026 at 35% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
2 Swimming Pools
Covered Parking
12 Elevators
10 Floors
Retail & Shops
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
4
Median price
AED 63.5M
Median price / sqft
AED 7K+25%
Off-plan share
100%
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 5 Bed | 3 | 8,549 sqft | AED 62.0M | AED 7K |
| 6 Bed | 1 | 11,302 sqft | AED 69.0M | AED 6K |
Price per sqft by year
+25% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 16 Jul 2026 | Off-plan | 8,509 sqft | AED 65.0M | AED 8K |
| 25 Feb 2025 | Off-plan | 8,513 sqft | AED 59.0M | AED 7K |
| 25 Feb 2025 | Off-plan | 8,625 sqft | AED 62.0M | AED 7K |
| 05 Apr 2024 | Off-plan | 11,302 sqft | AED 69.0M | AED 6K |
Unit mix
13 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Commercial | 1 | - |
| 5 B/R | 4 | 8,509 - 8,625 sqft |
| 6 B/R | 6 | 10,948 - 13,656 sqft |
| 7 B/R | 2 | 17,143 - 17,690 sqft |
Payment plan
Payment plans are set by P M and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Dubai Water Canal, Dubai.
The Rings
Dubai, United Arab Emirates
Frequently asked questions
The Rings has already been handed over (Q4 2025), according to Dubai Land Department records.