What is the rental yield in Seagate Building 1?

Seagate Building 1 returns 3.66% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 43 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Seagate Building 1 cost?

The median registered sale price is AED 2.50M (1,999 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Seagate Building 1 selling for right now?

Registered sales of ready units in Seagate Building 1 over the last 6 months have a median of 2,467 AED/sqft, across 5 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 Seagate Building 1 risen or fallen?

Median price per square foot moved +24.9% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Seagate Building 1 compare with Mina Rashid?

Its 3.66% gross yield sits -0.4 pts against the Mina Rashid median of 4.03%, computed at the same bedroom grain over the same 24-month window.

Seagate Building 1 — rental prices & yield

Buy: 2.50MAED; AED 2,467/sqft
Long-let: 109,705AED; AED 89/sqft · 3.66%
Short-let: 8.58%; AED 954/night · 0.76/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread: -0.4 pts; vs the Mina Rashid median for this unit type
AED/yr/sqft: AED 89
Sales: 26
Rental contracts: 43
Short-let listings seen: 3+

Based on 26 sales and 43 rental contracts in the last 24 months. Rental data covers the whole Seagate project, not this tower alone.

Seagate Building 1 is an apartment building in Mina Rashid, Dubai, one of the towers in the Seagate development. The closest metro station is Al Ghubaiba Metro Station, the nearest mall Dubai Mall and the nearest landmark Burj Khalifa. Land Department records for it run from 2019 to 2026, 322 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Seagate Building 1, by year.

Median AED per sqft per year, with fainter bars resting on fewer contracts. Too few monthly records here to draw an honest monthly line.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
2 bed	AED 109,705	89	3.66% -0.4 pts	43
3 bed	AED 199,464	121	—	3

Deltas compare each yield with the Mina Rashid 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 Seagate Building 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
2 bed	954	0.76	AED 214,419	AED 109,705	2.0×	8.58%	3+

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.

Recent transactions

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

9 resales in the last 12 months, against 17 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
27 Jul 2026	2 bed	1,216	AED 3,000,000	2,467
29 Jun 2026	2 bed	1,162	AED 2,500,000	2,151
5 Jun 2026	2 bed	1,216	AED 3,250,000	2,672

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: Al Ghubaiba Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Compare with nearby buildings

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

Common questions

What is the rental yield in Seagate Building 1?: Seagate Building 1 returns 3.66% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 43 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Seagate Building 1 cost?: The median registered sale price is AED 2.50M (1,999 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Seagate Building 1 selling for right now?: Registered sales of ready units in Seagate Building 1 over the last 6 months have a median of 2,467 AED/sqft, across 5 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 Seagate Building 1 risen or fallen?: Median price per square foot moved +24.9% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Seagate Building 1 compare with Mina Rashid?: Its 3.66% gross yield sits -0.4 pts against the Mina Rashid median of 4.03%, computed at the same bedroom grain over the same 24-month window.

Seagate Building 1