Registered rents

Rents in Meydan Racecourse Community

Median registered annual rent in Meydan Racecourse Community, 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 Meydan Racecourse Community 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 96,000 a year across 1,833 registered contracts.

Type
Median rent / yr
Typical range
Gross yield
1 bed
AED 78,000
new AED 80,000 · renewal AED 78,000
−2.5% vs a year ago · new lettings −4.8%
AED 70,000 – AED 88,000
middle half · 993 contracts
6.6%
2 bed
AED 120,063
new AED 122,250 · renewal AED 120,000
+0.1% vs a year ago · new lettings −3.0%
AED 105,840 – AED 140,000
middle half · 727 contracts
4.8%
3 bed
AED 150,000
new AED 163,000 · renewal AED 146,151
+3.5% vs a year ago · new lettings −18.5%
AED 139,150 – AED 175,000
middle half · 105 contracts
—

50% 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 1,188,001, which is 15.2 years of the median registered rent (AED 78,000 a year). Buying needs about AED 285,120 in cash up front (a 20% deposit plus the 4% DLD transfer fee), which is 3.7 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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