Registered rents

Rents in Business Bay

Median registered annual rent in Business Bay, from Ejari rent contracts registered with the Dubai Land Department in the last 12 months.

What tenants pay

Registered rents

Median registered annual rent in Business Bay 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 94,500 a year across 18,339 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
Studio
AED 65,000
new AED 65,000 · renewal AED 63,000
−4.4% vs a year ago · new lettings −7.1%
AED 55,000 – AED 76,500
middle half · 4,382 contracts
6.6%
1 bed
AED 85,000
new AED 90,000 · renewal AED 82,710
±0.0% vs a year ago · new lettings −5.3%
AED 75,000 – AED 105,000
middle half · 7,680 contracts
5.9%
2 bed
AED 125,000
new AED 135,000 · renewal AED 115,500
+1.6% vs a year ago · new lettings −3.6%
AED 108,051 – AED 150,000
middle half · 4,752 contracts
5.4%
3 bed
AED 170,000
new AED 185,000 · renewal AED 161,850
−0.3% vs a year ago · new lettings −7.5%
AED 150,000 – AED 205,000
middle half · 1,390 contracts
4.9%
4+ bed
AED 300,000
new AED 305,000 · renewal AED 300,000
±0.0% vs a year ago · new lettings −1.6%
AED 241,000 – AED 375,000
middle half · 125 contracts
—

40% of these contracts are renewals; 93% run the standard 12 months.

Rent or buy? The arithmetic

For 1-bed apartments: the median registered sale price is AED 1,452,000, which is 17.1 years of the median registered rent (AED 85,000 a year). Buying needs about AED 348,480 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 4.1 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 →

Rent check
See where your rent sits against registered Ejari contracts for the same community, type and bedrooms.
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