What is the rental yield in Multaqa Avenue 3?

Multaqa Avenue 3 returns 8.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 110 rental contracts registered in the last 24 months.

How much does a 1 bedroom in Multaqa Avenue 3 cost?

The median registered sale price is AED 1.34M (1,292 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Multaqa Avenue 3 selling for right now?

Registered sales of ready units in Multaqa Avenue 3 over the last 12 months have a median of 1,257 AED/sqft, across 7 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 Multaqa Avenue 3 risen or fallen?

Median price per square foot moved -6.0% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Multaqa Avenue 3 earn more short-let than long-let?

A night asks a median of AED 554, which models to 8.88% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.00% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Multaqa Avenue 3 — rental prices & yield

Buy: 1.34MAED; AED 1,257/sqft
Long-let: 80,000AED; AED 83/sqft · 8.00%
Short-let: 8.88%; AED 554/night · 0.53/sqft

Price per sqft: Median of 7 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off 3 sales in the last 3 months.

Yield spread: +0.0 pts; vs the Mirdif median for this unit type
Turnover upside: +14.3%; new tenants pay more than sitting ones — 43 renewals
AED/yr/sqft: AED 83
Sales: 20
Rental contracts: 110
Renewal rent: AED 70,000/yr

12 months: +0.0%
3 years: +6.7%+2.2%/yr

Based on 20 sales and 110 rental contracts in the last 24 months. Rental data covers the whole Mirdif Hills- Al Multaqa Avenue project, not this tower alone.

Multaqa Avenue 3 is an apartment building in Mirdif, Dubai, one of the towers in the Mirdif Hills- Al Multaqa Avenue development. The closest metro station is Rashidiya Metro Station, the nearest mall City Centre Mirdif and the nearest landmark Dubai International Airport. Land Department records for it run from 2019 to 2026, 220 registered sales in all — the 20 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Multaqa Avenue 3, 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 80,000	83	8.00% +0.0 pts	110
2 bed	AED 110,000	71	5.55% -1.0 pts	17

Deltas compare each yield with the Mirdif 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.

2 bed: Priced off the last 5 sales — most recent January 2025.

Short-let rates around Multaqa Avenue 3

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	554	0.53	AED 119,259	AED 80,000	1.5×	8.88%	2+

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 Multaqa Avenue 3 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 21 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
20 Jul 2026	1 bed	925	AED 900,000	972
18 Jun 2026	1 bed	762	AED 1,000,000	1,313
18 Jun 2026	1 bed	1,121	AED 1,225,000	1,093

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: Rashidiya Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Compare with nearby buildings

The most-traded buildings in Mirdif Hills- Al Multaqa Avenue, on the same figures over the same window.

Common questions

What is the rental yield in Multaqa Avenue 3?: Multaqa Avenue 3 returns 8.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 110 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Multaqa Avenue 3 cost?: The median registered sale price is AED 1.34M (1,292 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Multaqa Avenue 3 selling for right now?: Registered sales of ready units in Multaqa Avenue 3 over the last 12 months have a median of 1,257 AED/sqft, across 7 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 Multaqa Avenue 3 risen or fallen?: Median price per square foot moved -6.0% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Multaqa Avenue 3 earn more short-let than long-let?: A night asks a median of AED 554, which models to 8.88% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 8.00% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Multaqa Avenue 3