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

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).