Registered rents

Rents in Downtown Dubai

Median registered annual rent in Downtown Dubai, 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 Downtown Dubai 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 140,000 a year across 9,523 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
Studio
AED 71,594
new AED 70,000 · renewal AED 75,000
−4.5% vs a year ago · new lettings −9.1%
AED 63,000 – AED 84,000
middle half · 647 contracts
6.2%
1 bed
AED 115,000
new AED 115,000 · renewal AED 115,000
−0.4% vs a year ago · new lettings −4.2%
AED 100,000 – AED 130,000
middle half · 4,137 contracts
5.6%
2 bed
AED 175,000
new AED 180,000 · renewal AED 172,000
−2.8% vs a year ago · new lettings −7.7%
AED 150,000 – AED 212,000
middle half · 3,562 contracts
5.1%
3 bed
AED 280,000
new AED 300,000 · renewal AED 270,000
±0.0% vs a year ago · new lettings −1.6%
AED 225,000 – AED 340,000
middle half · 1,112 contracts
5%
4+ bed
AED 747,928
new AED 1,000,000 · renewal AED 535,000
−12.0% vs a year ago · new lettings ±0.0%
AED 500,000 – AED 1,500,000
middle half · 62 contracts
—

41% of these contracts are renewals; 92% run the standard 12 months.

Rent or buy? The arithmetic

For 2-bed apartments: the median registered sale price is AED 3,400,000, which is 19.4 years of the median registered rent (AED 175,000 a year). Buying needs about AED 816,000 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 4.7 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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