The water-soaking time affects the physical and mechanical properties of coals, and the temporal and spatial evolution of acoustic emissions reflects the fracture damage process of rock. This study conducted uniaxial compression acoustic emissions tests of coal samples with different water-soaking times to investigate the influence of water-soaking time on the acoustic emissions characteristics and spatial fractal dimensions during the deformation and failure process of coals. The results demonstrate that the acoustic emissions characteristics decrease with increases in the water-soaking time. The acoustic emissions spatial fractal dimension changes from a single dimensionality reduction model to a fluctuation dimensionality reduction model, and the stress level of the initial descending point of the fractal dimension increases. With increases in the water-soaking time, the destruction of coal transitions from continuous intense failure throughout the process to a lower release of energy concentrated near the peak strength.