Gross rental yields in UAE: Dubai and 4 other cities
United Arab Emirate average gross rental yield stands at 5.16% (Q1, 2024). Previously, in Q3, 2023 the average gross rental yield stood at 4.93%.
- Dubai
- Abu Dhabi
- Raz Al Kaimah
- Ajman
- Sharjah
Last Updated: Jan. 23, 2024 | |||
DUBAI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Downtown | |||
Studio | $381,034 | $2,155 | 6.79% |
1-Bedroom | $598,982 | $3,176 | 6.36% |
2-Bedroom | $1,007,378 | $4,991 | 5.95% |
3-Bedroom | $1,633,586 | $7,941 | 5.83% |
4+Bedroom | $6,234,855 | $22,689 | 4.37% |
Palm Jumeirah | |||
Studio | $402,951 | $2,745 | 8.17% |
1-Bedroom | $952,925 | $4,084 | 5.14% |
2-Bedroom | $1,756,726 | $5,672 | 3.87% |
3-Bedroom | $3,084,483 | $7,033 | 2.74% |
4+Bedroom | $14,611,831 | $14,747 | 1.21% |
Dubai Marina | |||
Studio | $353,944 | $1,860 | 6.31% |
1-Bedroom | $476,462 | $2,609 | 6.57% |
2-Bedroom | $755,534 | $4,198 | 6.67% |
3-Bedroom | $1,143,510 | $6,534 | 6.86% |
4+Bedroom | $2,164,502 | $8,508 | 4.72% |
Business Bay | |||
Studio | $291,323 | $1,815 | 7.48% |
1-Bedroom | $457,404 | $2,495 | 6.55% |
2-Bedroom | $728,443 | $3,516 | 5.79% |
3-Bedroom | $1,170,736 | $5,445 | 5.58% |
JLT | |||
Studio | $190,585 | $1,441 | 9.07% |
1-Bedroom | $422,010 | $2,042 | 5.81% |
2-Bedroom | $624,302 | $2,949 | 5.67% |
3-Bedroom | $952,925 | $4,084 | 5.14% |
JVC | |||
Studio | $168,803 | $1,179 | 8.38% |
1-Bedroom | $247,760 | $1,702 | 8.24% |
2-Bedroom | $410,574 | $2,609 | 7.63% |
3-Bedroom | $593,743 | $3,630 | 7.34% |
Arjan | |||
Studio | $168,803 | $1,134 | 8.06% |
1-Bedroom | $279,071 | $1,701 | 7.31% |
2-Bedroom | $451,958 | $2,269 | 6.02% |
Al Furjan | |||
Studio | $145,661 | $1,021 | 8.41% |
1-Bedroom | $261,346 | $1,588 | 7.29% |
2-Bedroom | $376,337 | $2,042 | 6.51% |
Dubai avg. Rental Yields | 6.30% | ||
ABU DHABI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Reem Island | |||
Studio | $163,358 | $1,132 | 8.32% |
1-Bedroom | $244,765 | $1,475 | 7.23% |
2-Bedroom | $408,396 | $2,155 | 6.33% |
3-Bedroom | $577,200 | $3,063 | 6.37% |
Saadyiat Island | |||
Studio | $353,943 | $1,134 | 3.84% |
1-Bedroom | $544,528 | $1,928 | 4.25% |
2-Bedroom | $1,157,123 | $3,630 | 3.76% |
3-Bedroom | $2,403,141 | $4,765 | 2.38% |
Al Raha beach | |||
Studio | $245,037 | $1,112 | 5.45% |
1-Bedroom | $326,717 | $1,429 | 5.25% |
2-Bedroom | $490,075 | $2,201 | 5.39% |
3-Bedroom | $707,887 | $3,743 | 6.35% |
4+Bedroom | $844,019 | $4,538 | 6.45% |
Yas Island | |||
Studio | $222,057 | $1,316 | 7.11% |
1-Bedroom | $304,936 | $1,475 | 5.80% |
2-Bedroom | $503,689 | $2,609 | 6.22% |
3-Bedroom | $584,551 | $2,949 | 6.05% |
Abu Dhabi avg. Rental Yields | 5.68% | ||
RAZ AL KHAIMAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Hamra Village | |||
Studio | $119,796 | $577 | 5.78% |
1-Bedroom | $198,753 | $886 | 5.35% |
2-Bedroom | $337,188 | $1,447 | 5.15% |
Al Marjan Island | |||
Studio | $152,468 | $771 | 6.07% |
1-Bedroom | $449,140 | $1,134 | 3.03% |
2-Bedroom | $729,396 | $1,685 | 2.77% |
Raz al Khaimah avg. Rental Yields | 4.69% | ||
AJMAN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Ajman (all locations) | |||
Studio | $66,390 | $317 | 5.73% |
1-Bedroom | $111,628 | $476 | 5.12% |
2-Bedroom | $175,135 | $749 | 5.13% |
3-Bedroom | $239,592 | $987 | 4.94% |
Ajman avg. Rental Yields | 5.23% | ||
SHARJAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Sharjah (all locations) | |||
Studio | $108,905 | $500 | 5.51% |
1-Bedroom | $204,198 | $635 | 3.73% |
2-Bedroom | $326,445 | $840 | 3.09% |
3-Bedroom | $454,682 | $1,270 | 3.35% |
Sharjah avg. Rental Yields | 3.92% | ||
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and Propertyfinder.ae |
United Arab Emirates Historic Rental Yield Data
Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of United Arab Emirates. We utilized the propertyfinder.ae website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).
For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).