Registered rents

Rents in DAMAC Hills 2 (Akoya)

Median registered annual rent in DAMAC Hills 2 (Akoya), 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 DAMAC Hills 2 (Akoya) 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 42,000 a year across 485 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
Studio
AED 37,000
new AED 37,791 · renewal AED 36,000
+2.8% vs a year ago · new lettings −0.5%
AED 33,000 – AED 40,000
middle half · 218 contracts
8.3%
1 bed
AED 47,375
new AED 48,434 · renewal AED 45,000
+5.3% vs a year ago · new lettings +5.3%
AED 42,513 – AED 54,000
middle half · 230 contracts
7.2%
2 bed
AED 68,000
new AED 68,100 · renewal AED 63,000
+7.9% vs a year ago
AED 58,000 – AED 70,000
middle half · 37 contracts
—

44% of these contracts are renewals; 95% run the standard 12 months.

Villas: median AED 95,000 a year across 5,092 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
2 bed
AED 90,000
new AED 89,000 · renewal AED 90,000
±0.0% vs a year ago · new lettings −1.1%
AED 80,000 – AED 96,706
middle half · 103 contracts
—
3 bed
AED 90,000
new AED 95,000 · renewal AED 87,306
+3.4% vs a year ago · new lettings ±0.0%
AED 80,000 – AED 105,000
middle half · 4,193 contracts
—
4+ bed
AED 125,000
new AED 120,000 · renewal AED 130,000
−3.8% vs a year ago · new lettings −14.3%
AED 105,000 – AED 150,000
middle half · 796 contracts
—

42% of these contracts are renewals; 95% run the standard 12 months.

Rent or buy? The arithmetic

For 1-bed apartments: the median registered sale price is AED 660,000, which is 13.9 years of the median registered rent (AED 47,375 a year). Buying needs about AED 158,400 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 →

Rent check
See where your rent sits against registered Ejari contracts for the same community, type and bedrooms.
No saved transactions yet.
Tap the bookmark icon on any row to save it.