Gross rental yields in UAE: Dubai and 4 other cities
United Arab Emirate average gross rental yield stands at 4.93% (Q3, 2023).
- Dubai
- Abu Dhabi
- Raz Al Kaimah
- Ajman
- Sharjah
Last Updated: Sept. 19, 2023 | |||
DUBAI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Downtown | |||
Studio | $367,547 | $1,906 | 6.22% |
1-Bedroom | $564,933 | $2,949 | 6.26% |
2-Bedroom | $980,125 | $4,991 | 6.11% |
3-Bedroom | $1,497,414 | $7,941 | 6.36% |
4+Bedroom | $4,628,369 | $22,688 | 5.88% |
Palm Jumeirah | |||
Studio | $381,160 | $2,723 | 8.57% |
1-Bedroom | $953,852 | $4,084 | 5.14% |
2-Bedroom | $1,824,122 | $5,672 | 3.73% |
3-Bedroom | $2,858,699 | $7,260 | 3.05% |
Dubai Marina | |||
Studio | $353,934 | $1,702 | 5.77% |
1-Bedroom | $476,450 | $2,496 | 6.29% |
2-Bedroom | $789,545 | $3,970 | 6.03% |
3-Bedroom | $1,225,157 | $6,353 | 6.22% |
4+Bedroom | $2,450,313 | $7,941 | 3.89% |
Business Bay | |||
Studio | $281,771 | $1,679 | 7.15% |
1-Bedroom | $462,837 | $2,246 | 5.82% |
2-Bedroom | $731,551 | $3,403 | 5.58% |
3-Bedroom | $1,208,931 | $5,218 | 5.18% |
JLT | |||
Studio | $190,580 | $1,361 | 8.57% |
1-Bedroom | $408,386 | $1,815 | 5.33% |
2-Bedroom | $626,190 | $2,723 | 5.22% |
3-Bedroom | $1,009,417 | $4,084 | 4.86% |
JVC | |||
Studio | $163,899 | $1,066 | 7.80% |
1-Bedroom | $239,926 | $1,588 | 7.94% |
2-Bedroom | $430,166 | $2,155 | 6.01% |
3-Bedroom | $585,352 | $3,630 | 7.44% |
Arjan | |||
Studio | $163,354 | $953 | 7.00% |
1-Bedroom | $284,537 | $1,531 | 6.46% |
2-Bedroom | $435,611 | $2,087 | 5.75% |
Al Furjan | |||
Studio | $149,741 | $907 | 7.27% |
1-Bedroom | $250,476 | $1,429 | 6.85% |
2-Bedroom | $358,803 | $1,928 | 6.45% |
Dubai avg. Rental Yields | 6.13% | ||
ABU DHABI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Reem Island | |||
Studio | $163,355 | $1,021 | 7.50% |
1-Bedroom | $231,420 | $1,361 | 7.06% |
2-Bedroom | $381,162 | $2,042 | 6.43% |
3-Bedroom | $568,040 | $3,063 | 6.47% |
Saadyiat Island | |||
Studio | $204,058 | $1,021 | 6.00% |
1-Bedroom | $532,790 | $1,928 | 4.34% |
2-Bedroom | $1,197,937 | $3,517 | 3.52% |
3-Bedroom | $2,314,197 | $4,651 | 2.41% |
Al Raha beach | |||
Studio | $231,419 | $1,248 | 6.47% |
1-Bedroom | $337,210 | $1,361 | 4.84% |
2-Bedroom | $483,803 | $2,223 | 5.51% |
3-Bedroom | $680,646 | $3,607 | 6.36% |
4+Bedroom | $816,776 | $4,765 | 7.00% |
Yas Island | |||
Studio | $204,194 | $1,248 | 7.33% |
1-Bedroom | $299,484 | $1,475 | 5.91% |
2-Bedroom | $517,291 | $2,722 | 6.31% |
3-Bedroom | $567,543 | $3,017 | 6.38% |
Abu Dhabi avg. Rental Yields | 5.87% | ||
RAZ AL KHAIMAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Hamra Village | |||
Studio | $95,290 | $590 | 7.43% |
1-Bedroom | $156,548 | $862 | 6.61% |
2-Bedroom | $226,246 | $1,248 | 6.62% |
Mina Al Arab | |||
Studio | $163,082 | $567 | 4.17% |
1-Bedroom | $272,257 | $862 | 3.80% |
Al Marjan Island | |||
Studio | $122,516 | $680 | 6.66% |
1-Bedroom | $299,871 | $976 | 3.91% |
2-Bedroom | $571,740 | $1,860 | 3.90% |
Raz al Khaimah avg. Rental Yields | 5.39% | ||
AJMAN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Ajman (all locations) | |||
Studio | $87,594 | $295 | 4.04% |
1-Bedroom | $154,371 | $454 | 3.53% |
2-Bedroom | $272,259 | $703 | 3.10% |
3-Bedroom | $276,070 | $976 | 4.24% |
Ajman avg. Rental Yields | 3.73% | ||
SHARJAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Sharjah (all locations) | |||
Studio | $108,903 | $454 | 5.00% |
1-Bedroom | $212,362 | $545 | 3.08% |
2-Bedroom | $321,810 | $794 | 2.96% |
3-Bedroom | $484,620 | $1,134 | 2.81% |
4+Bedroom | $667,850 | $2,155 | 3.87% |
Sharjah avg. Rental Yields | 3.54% | ||
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).