What is the rental yield in Park Island Blakely?

Park Island Blakely returns 6.27% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 232 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Park Island Blakely cost?

The median registered sale price is AED 1.58M (1,851 AED/sqft), from 21 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Park Island Blakely selling for right now?

Registered sales of ready units in Park Island Blakely over the last 12 months have a median of 1,881 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 Park Island Blakely risen or fallen?

Median price per square foot moved +2.8% over the last 12 months against the 12 before it, on 21 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Park Island Blakely earn more short-let than long-let?

A night asks a median of AED 568, which models to 7.94% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.27% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Park Island Blakely — rental prices & yield

Buy: 1.58MAED; AED 1,881/sqft
Long-let: 107,500AED; AED 123/sqft · 6.27%
Short-let: 7.94%; AED 568/night · 0.66/sqft

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

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

Yield spread: +0.0 pts; vs the Dubai Marina median for this unit type
Turnover upside: +5.4%; new tenants pay more than sitting ones — 265 renewals
AED/yr/sqft: AED 123
Sales: 21
Rental contracts: 232
Renewal rent: AED 102,000/yr

12 months: -4.5%
3 years: -4.5%-1.5%/yr

Based on 21 sales and 232 rental contracts in the last 24 months. Rental data covers the whole Park Islands project, not this tower alone.

Park Island Blakely is an apartment building in Dubai Marina, Dubai, one of the towers in the Park Islands development. The closest metro station is Jumeirah Beach Resdency, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 286 registered sales in all — the 21 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Park Island Blakely, 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
1 bed	AED 107,500	123	6.27% +0.0 pts	232
2 bed	AED 155,000	113	6.44% +0.7 pts	135

Deltas compare each yield with the Dubai Marina 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 Park Island Blakely

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
1 bed500m	568	0.66	AED 125,786	AED 107,500	1.2×	7.94%	30+
2 bed	822	0.57	AED 178,758	AED 155,000	1.2×	7.14%	4+

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 Park Island Blakely itself had too few listings of that type to measure.

Recent transactions

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

13 resales in the last 12 months, against 16 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
22 Jul 2026	1 bed	1,052	AED 1,830,000	1,740
1 Jul 2026	1 bed	909	AED 1,600,000	1,760
23 Jun 2026	2 bed	1,361	AED 2,330,000	1,712

3 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: Jumeirah Beach Resdency
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

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

Highest rental yields in Dubai Marina · Park Island Blakely places 29th of 64

Common questions

What is the rental yield in Park Island Blakely?: Park Island Blakely returns 6.27% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 232 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Park Island Blakely cost?: The median registered sale price is AED 1.58M (1,851 AED/sqft), from 21 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Park Island Blakely selling for right now?: Registered sales of ready units in Park Island Blakely over the last 12 months have a median of 1,881 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 Park Island Blakely risen or fallen?: Median price per square foot moved +2.8% over the last 12 months against the 12 before it, on 21 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Park Island Blakely earn more short-let than long-let?: A night asks a median of AED 568, which models to 7.94% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.27% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Park Island Blakely