Median registered annual rent in Wasl Gate 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 75,000 a year across 405 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

1 bed

AED 60,500

new AED 63,000 · renewal AED 60,000

+0.8% vs a year ago · new lettings +1.6%

AED 57,000 – AED 65,000

middle half · 110 contracts

—

2 bed

AED 76,000

new AED 79,690 · renewal AED 73,882

+1.3% vs a year ago · new lettings +3.5%

AED 72,000 – AED 80,000

middle half · 230 contracts

7.1%

3 bed

AED 100,000

new AED 100,000 · renewal AED 95,000

±0.0% vs a year ago · new lettings −4.8%

AED 91,250 – AED 110,000

middle half · 51 contracts

—

47% of these contracts are renewals; 94% run the standard 12 months.

Villas: median AED 220,000 a year across 77 registered contracts.

Type

Median rent / yr

Typical range

Gross yield

3 bed

AED 215,000

new AED 215,000 · renewal AED 215,000

−2.3% vs a year ago (new lettings)

AED 210,000 – AED 225,000

middle half · 58 contracts

—

52% of these contracts are renewals; 95% run the standard 12 months.

Rent or buy? The arithmetic

For 2-bed apartments: the median registered sale price is AED 1,077,500, which is 14.2 years of the median registered rent (AED 76,000 a year). Buying needs about AED 258,600 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.4 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 Wasl Gate

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

Energy

Red Line · 0.1 km straight-line from the community's centre

Nearest mall

Festival Plaza

0.7 km straight-line from the community's centre

Nearest landmark

The Beach, JBR

6.4 km straight-line from the community's centre

Parking

66%

of 200 registered sales came with parking

Two different markets

Off-plan vs ready

Median off-plan launch price vs ready resale price in Wasl Gate, per bedroom - two different kinds of registered price, kept entirely separate from the sale-price stats above.

1 bed: launch AED 1,424/sqft vs resale AED 1,532/sqft (-7%)
2 bed: launch AED 1,340/sqft vs resale AED 1,371/sqft (-2%)

All off-plan projects in Wasl Gate →

All 3 buildings in Wasl Gate with registered sales

GardeniaTownHomes @ wasl gate The Nook 1-1 The Nook 2-1

Compare them by price per sqft →