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Genesis

A 2 bed in Genesis costs a median AED 1.14M, rents long-let for AED 90,000/yr (7.69% gross), and returns 13.87% short-let at the assumed 80% occupancy — +0.0 pts vs Arjan's 7.66% and +0.7 pts vs Dubai's 6.98% — from 22 sales and 30 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
10 in 12 months
Rental contracts · 2 bed
14 in 12 months
Buy
1.14MAED
AED 1,103/sqft
Long-let
90,000AED
AED 87/sqft · 7.69%
Short-let
13.87%
AED 711/night · 0.69/sqft

Price per sqft: Median of 10 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread
+0.0 pts
vs the Arjan median for this unit type
Turnover upside
+15.4%
new tenants pay more than sitting ones — 28 renewals
AED/yr/sqft
AED 87
Sales
22
Rental contracts
30
Renewal rent
AED 78,000/yr
12 months
+5.3%
3 years
+43.1%+12.7%/yr

Based on 22 sales and 30 rental contracts in the last 24 months.

Genesis is an apartment building in Arjan, Dubai. The closest metro station is First Abu Dhabi Bank Metro Station, the nearest mall Mall of the Emirates and the nearest landmark Motor City. Land Department records for it run from 2018 to 2026, 658 registered sales in all — the 22 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
StudioAED 50,0001078.33%
+0.1 pts
19
1 bedAED 68,000937.56%
-0.3 pts
44
2 bedAED 90,000877.69%
+0.0 pts
30

Deltas compare each yield with the Arjan median for the same unit type. How these yields are computed

How these yields are computed
Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Genesis

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured
Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
Studio500m4300.87AED 97,832AED 50,0002.0×16.94%10+
1 bed500m4310.55AED 93,306AED 68,0001.4×10.37%19+
2 bed500m7110.69AED 158,130AED 90,0001.8×13.87%2+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

1 bed: first Oct 2026, 0.61 AED/night/sqft; latest Sep 2027, 0.4 AED/night/sqft; peak Nov 2026, 0.86 AED/night/sqft.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts
Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Genesis itself had too few listings of that type to measure.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

20 resales in the last 12 months, against 31 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
26 Aug 20261 bed702AED 810,0001,153
19 Aug 20262 bed1,018AED 1,090,0001,071
13 Aug 2026Studio494AED 550,0001,114
4 Aug 20261 bed707AED 65,670

4 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed703AED 62,00088New
1 Sept 20262 bed1,017AED 79,80078Renewal
1 Aug 20262 bed1,049AED 90,00086Renewal
1 Aug 20261 bed714AED 67,00094New
27 Jul 20262 bed1,020AED 78,00076Renewal
25 Jul 20261 bed707AED 50,00071Renewal
20 Jul 20261 bed711AED 60,00084Renewal
20 Jul 20261 bed703AED 55,00078Renewal
15 Jul 20262 bed1,017AED 82,00081New
10 Jul 2026Studio489AED 44,00090Renewal
10 Jul 20262 bed1,023AED 85,00083New
4 Jul 20261 bed701AED 55,00078New
1 Jul 20261 bed702AED 65,00093Renewal
1 Jul 20262 bed1,023AED 85,00083Renewal
1 Jul 20262 bed1,018AED 80,00079Renewal
24 Jun 2026Studio467AED 37,20080Renewal
17 Jun 20261 bed700AED 74,000106Renewal
15 Jun 2026Studio524AED 44,00084Renewal
12 Jun 20261 bed704AED 60,00085New
7 Jun 2026Studio506AED 44,00087New
7 Jun 20261 bed909AED 66,00073Renewal
6 Jun 20261 bed822AED 72,00088New
5 Jun 20261 bed704AED 60,00085New
1 Jun 20261 bed704AED 53,46176Renewal

24 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors
11
Flats
197
Lifts
5
Parking bays
200
Swimming pools
1
Flats per lift
39.4
Parking per flat
1.02
Pools per 100 flats
0.51

Nearby

Metro
First Abu Dhabi Bank Metro Station
Mall
Mall of the Emirates
Landmark
Motor City

Compare with nearby buildings

The most-traded buildings in Arjan, on the same figures over the same window.

Common questions

What is the rental yield in Genesis?
Genesis returns 7.69% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 30 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Genesis cost?
The median registered sale price is AED 1.14M (1,113 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Genesis selling for right now?
Registered sales of ready units in Genesis over the last 12 months have a median of 1,103 AED/sqft, across 10 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Genesis risen or fallen?
Median price per square foot moved -3.6% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Genesis earn more short-let than long-let?
A night asks a median of AED 711, which models to 13.87% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.69% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Genesis rental record

Record type
Building-level property market record
Data date
Evidence base
30 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
Canonical record
/rent/apartments/dubai/arjan/genesis
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Genesis rents and yield.” Arjan, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/arjan/genesis.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.