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Hub Canal 2

A 1 bed in Hub Canal 2 costs a median AED 620,000, rents long-let for AED 60,000/yr (8.82% gross), and returns 13.07% short-let at the assumed 80% occupancy — +0.5 pts vs Dubai Sports City's 8.33% and +1.8 pts vs Dubai's 6.98% — from 24 sales and 58 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
0 in 12 months
Rental contracts · 1 bed
27 in 12 months
Buy
620,000AED
AED 605/sqft
Long-let
60,000AED
AED 60/sqft · 8.82%
Short-let
13.07%
AED 398/night · 0.39/sqft

Priced off the last 5 sales — most recent June 2025.

Yield spread
+0.5 pts
vs the Dubai Sports City median for this unit type
Turnover upside
+23.7%
new tenants pay more than sitting ones — 84 renewals
AED/yr/sqft
AED 60
Sales
24
Rental contracts
58
Renewal rent
AED 48,510/yr
12 months
+6.8%
3 years
+40.0%+11.9%/yr

Based on 24 sales and 58 rental contracts in the last 24 months. Rental data covers the whole Hub Canal 2 Tower project, not this tower alone.

Hub Canal 2 is an apartment building in Dubai Sports City, Dubai, one of the towers in the Hub Canal 2 Tower development. The closest metro station is Nakheel Metro Station, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 532 registered sales in all — the 24 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 60,000608.82%
+0.5 pts
58
2 bedAED 75,000648.57%
+0.5 pts
36

Deltas compare each yield with the Dubai Sports City 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.
  • 1 bed: Priced off the last 5 sales — most recent June 2025.

Short-let rates around Hub Canal 2

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
1 bed500m3980.39AED 81,022AED 60,0001.4×13.07%13+

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 Hub Canal 2 itself had too few listings of that type to measure.

Recent transactions

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

7 resales in the last 12 months, against 24 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
20 Jul 20262 bed1,174AED 850,000724

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.

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
15
Flats
180
Lifts
3
Parking bays
246
Swimming pools
1
Flats per lift
60
Parking per flat
1.37
Pools per 100 flats
0.56

Nearby

Metro
Nakheel Metro Station
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Dubai Sports City, on the same figures over the same window.

Common questions

What is the rental yield in Hub Canal 2?
Hub Canal 2 returns 8.82% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 58 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Hub Canal 2 cost?
The median registered sale price is AED 620,000 (605 AED/sqft), from 24 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
How does Hub Canal 2 compare with Dubai Sports City?
Its 8.82% gross yield sits +0.5 pts against the Dubai Sports City median of 8.33%, computed at the same bedroom grain over the same 24-month window.
Does Hub Canal 2 earn more short-let than long-let?
A night asks a median of AED 398, which models to 13.07% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.82% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
Do new tenants in Hub Canal 2 pay more than sitting ones?
A new tenant pays +23.7% against a renewing one, across 84 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

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.

Hub Canal 2 rental record

Record type
Building-level property market record
Data date
Evidence base
58 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/dubai-sports-city/hub-canal-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Hub Canal 2 rents and yield.” Dubai Sports City, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-sports-city/hub-canal-2.

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.