Registered rents

Rents in Jumeirah Lake Towers (JLT)

Median registered annual rent in Jumeirah Lake Towers (JLT), 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 Jumeirah Lake Towers (JLT) 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 85,000 a year across 8,356 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
Studio
AED 58,000
new AED 58,000 · renewal AED 57,500
−0.4% vs a year ago · new lettings −3.3%
AED 52,000 – AED 65,000
middle half · 1,644 contracts
7.5%
1 bed
AED 80,000
new AED 83,000 · renewal AED 80,000
±0.0% vs a year ago · new lettings −2.4%
AED 71,000 – AED 95,000
middle half · 3,990 contracts
7%
2 bed
AED 120,000
new AED 120,000 · renewal AED 120,000
±0.0% vs a year ago · new lettings −4.0%
AED 100,000 – AED 150,000
middle half · 2,178 contracts
6.2%
3 bed
AED 140,875
new AED 155,000 · renewal AED 130,000
−2.8% vs a year ago · new lettings −6.1%
AED 116,490 – AED 180,000
middle half · 494 contracts
5.4%
4+ bed
AED 237,500
new AED 263,750 · renewal AED 200,000
AED 181,250 – AED 350,000
middle half · 50 contracts
—

45% of these contracts are renewals; 94% run the standard 12 months.

Rent or buy? The arithmetic

For 1-bed apartments: the median registered sale price is AED 1,150,000, which is 14.4 years of the median registered rent (AED 80,000 a year). Buying needs about AED 276,000 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.5 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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