Daddy Yankee wanted to record a 1980s-inspired track and enlisted Rauw Alejandro due to the success of his single "Todo de Ti" (2021) and Nile Rodgers because of his involvement as producer and guitarist of several hits from that era.
[2] Dutch company CTM Entertainment, whose Latin division is creatively directed by Play-N-Skillz, posted on November 18, 2021 an image depicting Daddy Yankee and Rodgers at a studio in Miami, announcing a "new single coming soon," which may suggest that "Agua" was recorded during that time.
[7][8] Its love lyrics are performed by Daddy Yankee and Rauw Alejandro, while Nile Rodgers plays "funky" and "groovy" electric guitar riffs during the chorus.
[8][9] "Agua" was also included among the record's highlights by Remezcla's Jeanette Hernandez, AllMusic's Thom Jurek and Spanish music website Jenesaispop's Jordi Bardají.
[16] Following the release of Daddy Yankee's seventh and final record, Legendaddy, "Agua" debuted and peaked at number 21 and 189 on Billboard's Hot Latin Songs and Global Excl.
[27][28] It depicts Daddy Yankee and Rauw Alejandro performing the track on coastal scenarios with dancers and luxury cars, with brief appearances by Nile Rodgers playing the guitar.
[32][33] "Agua" was included in the setlist of Daddy Yankee's farewell concert tour, La Última Vuelta, in which Rauw Alejandro appeared on a holographic screen.