Add watermelon pieces to the container of a blender. Blend until pureed.
Add honey, Watermelon Rose Vinegar, and mustard to container. Blend on low speed until well-combined.
With the lid of the blender container removed, slowly add the Basil Olive Oil while the blender is on low speed.
Return the lid to the blender and increase the speed to medium to completely blend.
Remove from blender and pour into a container for serving.