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Starting From
AED 1,600,000
1 active listings · updated Jun 19, 2026
The First Collection Waterfront in Business Bay, formerly Dolphin Tower, promoted from DLD records with clean reviewed project media.
Developer
The First Group
Property type
Apartment
Handover
TBA
Ownership
Freehold
Pricing
From AED 1.6M
Asking range tracked from 1 active listings across portals and developer releases.
Area PSF benchmark
AED 2,602
Business Bay 12-month registered-sales median price per square foot.
Avg AED 2,609 / sqft
Market liquidity
12.9K sales
AED 42.7B traded in Business Bay over the last 12 months.
5,236 sales in 6 months
Off-plan demand
65.5% share
65.5% of Business Bay sales in the last 12 months were off-plan transactions.
Buyer demand signal
Price momentum
+12.4% YoY
Area price-per-sqft movement is a market benchmark, not a return guarantee.
Active module
Transactions
Business Bay recorded 12.9K DLD-registered sales worth AED 42.7B over the last 12 months, with a median price of AED 2,602 per square foot. 65.5% of those sales were off-plan, and prices moved +12.4% year-on-year.
Area PSF benchmark
AED 2,602
Market liquidity
12.9K sales
Off-plan demand
65.5%
Price momentum
+12.4%
DLD transactions linked to The First Collection Waterfront and its registered project record.
| Date | Type | Unit | Beds | Size | Price | PSF |
|---|---|---|---|---|---|---|
| May 5, 2026 | Ready | - | 0 | 529 Sq Ft | AED 1,291,000 | AED 2,442 |
| May 1, 2026 | Ready | - | 0 | 467 Sq Ft | AED 1,850,000 | AED 3,960 |
| Apr 13, 2026 | Ready | - | 0 | 485 Sq Ft | AED 1,274,223 | AED 2,628 |
| Jan 21, 2026 | Ready | - | 0 | 531 Sq Ft | AED 1,500,000 | AED 2,823 |
| Jan 13, 2026 | Ready | - | 0 | 398 Sq Ft | AED 1,495,000 | AED 3,756 |
| Nov 20, 2025 | Ready | - | 0 | 555 Sq Ft | AED 1,472,150 | AED 2,655 |
| Nov 7, 2025 | Ready | - | 1 | 857 Sq Ft | AED 1,900,000 | AED 2,217 |
| Oct 21, 2025 | Ready | - | 0 | 467 Sq Ft | AED 1,786,000 | AED 3,824 |
| Oct 15, 2025 | Ready | - | 0 | 472 Sq Ft | AED 1,794,025 | AED 3,803 |
| Oct 15, 2025 | Ready | - | 0 | 466 Sq Ft | AED 1,875,823 | AED 4,027 |
| Oct 7, 2025 | Ready | - | 0 | 448 Sq Ft | AED 1,600,000 | AED 3,568 |
| Jul 3, 2025 | Ready | - | 0 | 433 Sq Ft | AED 1,430,000 | AED 3,301 |
| Period | Sales | Avg PSF | Volume | Avg size |
|---|---|---|---|---|
| May 2026 | 213 | AED 3,372 | AED 1.8B | 1,859 Sq Ft |
| Apr 2026 | 560 | AED 3,256 | 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 | 977 | AED 2,883 | 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 |
| Jul 2025 | 1,437 | AED 2,452 | AED 3.8B | 843 Sq Ft |
| Jun 2025 | 940 | AED 2,359 | AED 2.2B | 970 Sq Ft |
1 Bedroom
-
1 sales in 12 months
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 |
| Active resale supply | - | AED 1.6M | - | 1 active listings · observed Jun 19, 2026 |
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 premium amenities for residents. Contact our team for the complete list of facilities including fitness centers, swimming pools, landscaped gardens, and 24/7 security.