What is the rental yield in 15 Northside - Tower 1?

15 Northside - Tower 1 returns 7.05% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 116 rental contracts registered in the last 24 months.

How much does a studio in 15 Northside - Tower 1 cost?

The median registered sale price is AED 975,000 (2,579 AED/sqft), from 41 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in 15 Northside - Tower 1 selling for right now?

Registered sales of ready units in 15 Northside - Tower 1 over the last 12 months have a median of 2,655 AED/sqft, across 18 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 15 Northside - Tower 1 risen or fallen?

Median price per square foot moved +6.5% over the last 12 months against the 12 before it, on 41 registered sales. On a sample this size, read the direction rather than the exact figure.

How does 15 Northside - Tower 1 compare with Business Bay?

Its 7.05% gross yield sits -0.6 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

15 Northside - Tower 1 — rental prices & yield

Buy: 975,000AED; AED 2,655/sqft
Long-let: 74,000AED; AED 192/sqft · 7.05%
Short-let: 11.89%; AED 496/night · 1.31/sqft

Price per sqft: Median of 18 registered sales of ready units in the last 12 months, most recent May 2026.

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

Yield spread: -0.6 pts; vs the Business Bay median for this unit type
AED/yr/sqft: AED 192
Sales: 41
Rental contracts: 116
Renewal rent: AED 73,000/yr

12 months: -4.0%
3 years: +10.8%+3.5%/yr

Based on 41 sales and 116 rental contracts in the last 24 months. Rental data covers the whole 15 Northside project, not this tower alone.

15 Northside - Tower 1 is an apartment building in Business Bay, Dubai, one of the towers in the 15 Northside development. The closest metro station is Burj Khalifa / Dubai Mall Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2021 to 2026, 932 registered sales in all — the 41 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in 15 Northside - Tower 1, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
Studio	AED 74,000	192	7.05% -0.6 pts	116
1 bed	AED 110,000	170	7.19% +0.1 pts	137
2 bed	AED 170,000	153	7.08% +0.4 pts	50

Deltas compare each yield with the Business Bay 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 15 Northside - Tower 1

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio500m	496	1.31	AED 115,919	AED 74,000	1.6×	11.89%	10+
1 bed	761	1.16	AED 176,740	AED 110,000	1.6×	11.19%	12+
2 bed	1,055	0.95	AED 241,700	AED 170,000	1.4×	9.93%	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.

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 15 Northside - Tower 1 itself had too few listings of that type to measure.

Recent transactions

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

28 resales in the last 12 months, against 58 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
7 Aug 2026	1 bed	662	AED 52,914	—

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Burj Khalifa / Dubai Mall Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in 15 Northside, on the same figures over the same window.

Highest rental yields in Business Bay · 15 Northside - Tower 1 places 4th of 84

Common questions

What is the rental yield in 15 Northside - Tower 1?: 15 Northside - Tower 1 returns 7.05% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 116 rental contracts registered in the last 24 months.
How much does a studio in 15 Northside - Tower 1 cost?: The median registered sale price is AED 975,000 (2,579 AED/sqft), from 41 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in 15 Northside - Tower 1 selling for right now?: Registered sales of ready units in 15 Northside - Tower 1 over the last 12 months have a median of 2,655 AED/sqft, across 18 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 15 Northside - Tower 1 risen or fallen?: Median price per square foot moved +6.5% over the last 12 months against the 12 before it, on 41 registered sales. On a sample this size, read the direction rather than the exact figure.
How does 15 Northside - Tower 1 compare with Business Bay?: Its 7.05% gross yield sits -0.6 pts against the Business Bay median of 7.62%, computed at the same bedroom grain over the same 24-month window.

15 Northside - Tower 1