Loading Property
Loading Property


Starting From
AED 1,600,000
Stack and view premiums vary by unit
The First Collection Waterfront is a fully operational hotel and serviced property by The First Group in Business Bay, Dubai, positioned directly on the Dubai Water Canal with panoramic views of the waterway and the surrounding skyline. The property carries a Tribute Portfolio Ho…
Developer
The First Group
Property type
Apartment
Handover
TBA
Total Units
340
Ownership
Freehold
Pricing
From AED 1.6M
Current unit pricing depends on stack, view, floor, and release phase.
Area PSF benchmark
AED 2,509
Business Bay 12-month registered-sales median price per square foot.
Avg AED 2,589 / sqft
Market liquidity
10.8K sales
AED 34.8B traded in Business Bay over the last 12 months.
4,040 sales in 6 months
Off-plan demand
63.3% share
63.3% of Business Bay sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+17.3% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Business Bay recorded 10.8K DLD-registered sales worth AED 34.8B over the last 12 months, with a median price of AED 2,509 per square foot. 63.3% of those sales were off-plan, and prices moved +17.3% year-on-year.
Area PSF benchmark
AED 2,509
Market liquidity
10.8K sales
Off-plan demand
63.3%
Price momentum
+17.3%
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| Jul 2026 | 68 | AED 2,190 | AED 165.8M | 1,099 Sq Ft |
| Jun 2026 | 477 | AED 2,705 | AED 2.2B | 1,419 Sq Ft |
| May 2026 | 403 | AED 3,069 | AED 2.7B | 1,626 Sq Ft |
| Apr 2026 | 560 | AED 3,257 | AED 3.8B | 1,580 Sq Ft |
| Mar 2026 | 494 | AED 2,690 | AED 1.7B | 1,180 Sq Ft |
| Feb 2026 | 761 | AED 2,634 | AED 2.3B | 1,094 Sq Ft |
| Jan 2026 | 976 | AED 2,884 | AED 3.8B | 1,228 Sq Ft |
| Dec 2025 | 1,187 | AED 2,697 | AED 4.3B | 1,142 Sq Ft |
| Nov 2025 | 1,044 | AED 2,528 | AED 3.5B | 1,017 Sq Ft |
| Oct 2025 | 1,164 | AED 2,448 | AED 3.2B | 1,086 Sq Ft |
| Sep 2025 | 1,475 | AED 2,643 | AED 4B | 860 Sq Ft |
| Aug 2025 | 1,647 | AED 2,624 | AED 4B | 838 Sq Ft |
Listings
Unit-level pricing and availability are confirmed against the current developer release before you commit.
| Unit type | Size | Price | Area PSF (12m) | Buyer note |
|---|---|---|---|---|
| Hotel Apartment | - | Price on Request | - | Confirm current stack, view, and floor premium |
Location
Discover the exceptional location of The First Collection Waterfront in Business Bay, offering unparalleled access to Dubai's finest destinations.
Get DirectionsThe First Collection Waterfront is a fully operational hotel and serviced property by The First Group in Business Bay, Dubai, positioned directly on the Dubai Water Canal with panoramic views of the waterway and the surrounding skyline. The property carries a Tribute Portfolio Hotel designation, operated under The First Group Hospitality management brand. The building houses 327 guestrooms and suites across three key room categories — Deluxe Room, Premier Room, and Executive Suite — each appointed with high-speed Wi-Fi, streaming services, and premium fixtures befitting the property's lifestyle positioning. The First Collection Waterfront is minutes from Downtown Dubai, the Burj Khalifa, Dubai Mall, and Jumeirah Beach, with convenient access to the Dubai Metro network. The property's flagship amenity is its rooftop swimming pool, which offers direct views across Downtown Dubai's skyline — a feature that elevates it above the more typical Business Bay accommodation offer. Additional facilities include a fully equipped fitness centre, a spa, a business lounge, 24/7 concierge and reception services, complimentary valet parking, and a 24-hour laundry service. Dining is anchored by a social restaurant, the Risen Café and Artisanal Bakery, and a Rooftop Pool Bar. Guests and owners also receive exclusive access to Soluna Beach Club on Palm Jumeirah. For investors, The First Collection Waterfront forms part of The First Group's established hotel ownership programme, under which individual units can be purchased and enrolled in the managed rental pool — a model that has attracted consistent interest from buyers seeking Dubai's growing short-term hospitality revenue market. Business Bay's central location and continued commercial expansion make this a resilient investment proposition.
The First Collection Waterfront by The First Group in Business Bay starts from AED 1,600,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
The First Collection Waterfront offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
The First Collection Waterfront is scheduled for completion in TBA. The project is ready for immediate occupancy.
The First Collection Waterfront by The First Group in Business Bay offers strong investment potential. Business Bay is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
The First Collection Waterfront is developed by The First Group, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
The First Collection Waterfront offers world-class amenities including 24/7 Reception and Concierge, Complimentary Valet Parking, Business Lounge, 24/7 Laundry Service, Complimentary High-Speed Wi-Fi and 6 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.