Gross rental yields in United Arab Emirates: Dubai and 4 other cities
The United Arab Emirates average gross rental yield stands at 5.27% (Q2, 2024). Previously, in Q1, 2024 the average gross rental yield stood at 5.16%.
- Dubai
- Abu Dhabi
- Raz Al Khaimah
- Ajman
- Sharjah
Last Updated: May. 26, 2024 | |||
DUBAI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Downtown | |||
Studio | $397,495 | $2,155 | 6.51% |
1-Bedroom | $612,578 | $3,176 | 6.22% |
2-Bedroom | $1,061,802 | $4,992 | 5.64% |
3-Bedroom | $1,769,670 | $7,941 | 5.38% |
4+Bedroom | $6,806,425 | $22,688 | 4.00% |
Palm Jumeirah | |||
Studio | $408,385 | $2,609 | 7.67% |
1-Bedroom | $947,154 | $3,970 | 5.03% |
2-Bedroom | $1,633,542 | $5,785 | 4.25% |
3-Bedroom | $3,084,400 | $7,373 | 2.87% |
4+Bedroom | $14,429,621 | $21,553 | 1.79% |
Dubai Marina | |||
Studio | $353,934 | $1,815 | 6.15% |
1-Bedroom | $471,004 | $2,609 | 6.65% |
2-Bedroom | $762,319 | $4,015 | 6.32% |
3-Bedroom | $1,293,220 | $6,239 | 5.79% |
4+Bedroom | $2,722,515 | $9,415 | 4.15% |
Business Bay | |||
Studio | $299,482 | $1,701 | 6.82% |
1-Bedroom | $462,836 | $2,269 | 5.88% |
2-Bedroom | $735,093 | $3,403 | 5.56% |
3-Bedroom | $1,161,992 | $4,991 | 5.15% |
JLT | |||
Studio | $258,644 | $1,474 | 6.84% |
1-Bedroom | $430,166 | $2,268 | 6.33% |
2-Bedroom | $653,416 | $3,153 | 5.79% |
3-Bedroom | $878,053 | $4,537 | 6.20% |
JVC | |||
Studio | $185,134 | $1,247 | 8.08% |
1-Bedroom | $279,090 | $1,701 | 7.31% |
2-Bedroom | $431,255 | $2,609 | 7.26% |
3-Bedroom | $564,462 | $3,176 | 6.75% |
Arjan | |||
Studio | $176,967 | $1,055 | 7.15% |
1-Bedroom | $292,721 | $1,701 | 6.97% |
2-Bedroom | $443,778 | $2,268 | 6.13% |
Al Furjan | |||
Studio | $147,699 | $1,134 | 9.21% |
1-Bedroom | $270,682 | $1,633 | 7.24% |
2-Bedroom | $411,592 | $2,223 | 6.48% |
Dubai avg. Rental Yields | 6.05% | ||
ABU DHABI - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Reem Island | |||
Studio | $177,729 | $1,248 | 8.43% |
1-Bedroom | $245,031 | $1,588 | 7.78% |
2-Bedroom | $421,998 | $2,155 | 6.13% |
3-Bedroom | $598,938 | $2,946 | 5.90% |
Saadyiat Island | |||
Studio | $340,321 | $1,089 | 3.84% |
1-Bedroom | $544,512 | $2,075 | 4.57% |
2-Bedroom | $1,034,576 | $3,630 | 4.21% |
3-Bedroom | $2,259,733 | $4,991 | 2.65% |
Al Raha beach | |||
Studio | $272,257 | $1,361 | 6.00% |
1-Bedroom | $326,708 | $1,815 | 6.67% |
2-Bedroom | $501,361 | $2,722 | 6.52% |
3-Bedroom | $735,093 | $3,823 | 6.24% |
4+Bedroom | $871,222 | $4,537 | 6.25% |
Yas Island | |||
Studio | $231,415 | $1,361 | 7.06% |
1-Bedroom | $326,708 | $1,815 | 6.67% |
2-Bedroom | $544,514 | $2,950 | 6.50% |
3-Bedroom | $664,307 | $3,176 | 5.74% |
Abu Dhabi avg. Rental Yields | 5.95% | ||
RAZ AL KHAIMAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Al Hamra Village | |||
Studio | $127,960 | $680 | 6.38% |
1-Bedroom | $204,192 | $1,089 | 6.40% |
2-Bedroom | $435,611 | $1,588 | 4.37% |
Al Marjan Island | |||
Studio | $178,382 | $817 | 5.50% |
1-Bedroom | $509,120 | $1,361 | 3.21% |
2-Bedroom | $866,185 | $1,701 | 2.36% |
Raz al Khaimah avg. Rental Yields | 4.70% | ||
AJMAN - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Ajman (all locations) | |||
Studio | $83,855 | $340 | 4.87% |
1-Bedroom | $116,798 | $567 | 5.83% |
2-Bedroom | $176,967 | $839 | 5.69% |
3-Bedroom | $253,166 | $1,282 | 6.08% |
Ajman avg. Rental Yields | 5.61% | ||
SHARJAH - Apartments | COST ($) | YIELD (p.a.) | |
TO BUY | MONTHLY RENT | ||
Sharjah (all locations) | |||
Studio | $120,337 | $476 | 4.75% |
1-Bedroom | $207,460 | $680 | 3.93% |
2-Bedroom | $340,048 | $953 | 3.36% |
3-Bedroom | $435,338 | $1,475 | 4.07% |
Sharjah avg. Rental Yields | 4.03% | ||
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, Bayut.com 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).