Median registered annual rent in Hadaeq Sheikh Mohammed bin Rashid - District 7 by bedroom, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months: what tenants actually signed for, not asking rents. Gross yield is that median against the median registered sale price of the same bedroom count over the same months.

Apartments: median AED 57,000 a year across 581 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

Studio

AED 53,853

new AED 53,000 · renewal AED 54,000

−3.6% vs a year ago (new lettings)

AED 50,000 – AED 58,000

middle half · 398 contracts

7.3%

1 bed

AED 80,000

new AED 80,000 · renewal AED 89,250

−9.1% vs a year ago (new lettings)

AED 75,000 – AED 90,000

middle half · 181 contracts

5.9%

27% of these contracts are renewals; 95% run the standard 12 months.

Villas: median AED 180,000 a year across 364 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

2 bed

AED 160,000

new AED 160,000 · renewal AED 157,000

±0.0% vs a year ago · new lettings ±0.0%

AED 147,000 – AED 170,000

middle half · 177 contracts

—

3 bed

AED 190,000

new AED 190,000 · renewal AED 195,000

−2.6% vs a year ago · new lettings −5.0%

AED 180,000 – AED 210,000

middle half · 168 contracts

—

33% of these contracts are renewals; 92% run the standard 12 months.

Rent or buy? The arithmetic

For studio apartments: the median registered sale price is AED 735,000, which is 13.6 years of the median registered rent (AED 53,853 a year). Buying needs about AED 176,400 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.3 years of that rent.

Medians of different homes, not one flat priced both ways. Leaves out mortgage interest, service charges, agency fees and price changes. Run your own numbers →

Registered = DLD/Ejari rent contracts (single-property, ≤ AED 2M a year); a figure needs at least 20 contracts, and a yield at least 20 registered sales too. Gross = before service charges, fees and vacancy. How we read rents →

Getting around

Stations and malls around homes in Hadaeq Sheikh Mohammed bin Rashid - District 7

The nearest open Metro station (and Tram stop, where one is close), shopping mall and landmark, under their current names, measured on the map as a straight line; the route on foot or by road is longer. The parking share is the Dubai Land Department's own record.

Nearest Metro

Equiti

Red Line · formerly First Abu Dhabi Bank · 6.7 km straight-line from the community's centre

Nearest mall

Dubai Hills Mall

2.6 km straight-line from the community's centre

Nearest landmark

Dubai Hills Park

2.4 km straight-line from the community's centre

Parking

57%

of 378 registered sales came with parking

Two different markets

Off-plan vs ready

Median off-plan launch price vs ready resale price in Hadaeq Sheikh Mohammed bin Rashid - District 7, per bedroom - two different kinds of registered price, kept entirely separate from the sale-price stats above.

Studio: launch AED 1,569/sqft vs resale AED 1,764/sqft (-11%)
1 bed: launch AED 2,628/sqft vs resale AED 1,622/sqft (+62%)
2 bed: launch AED 2,692/sqft vs resale AED 2,098/sqft (+28%)
3 bed: launch AED 2,640/sqft vs resale AED 2,434/sqft (+8%)

All off-plan projects in Hadaeq Sheikh Mohammed bin Rashid - District 7 →

All 9 buildings in Hadaeq Sheikh Mohammed bin Rashid - District 7 with registered sales

Mag 930 Mag 960 Mag 970 Mag 980 Mag Eye 890 Mag Eye 900 Mag Eye 910 Mag Eye 920 MAG EYE Phase 1

Compare them by price per sqft →