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Al Waleed Garden 2

A studio in Al Waleed Garden 2 costs a median AED 725,000, rents long-let for AED 57,000/yr (7.97% gross), and returns 14.37% short-let at the assumed 80% occupancy — +0.3 pts vs Dubai Healthcare City Phase 2's 7.62% and +1.0 pts vs Dubai's 6.97% — from 11 sales and 101 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · Studio
6 in 12 months
Rental contracts · Studio
41 in 12 months
Buy
725,000AED
AED 1,693/sqft
Long-let
7.97%
AED 57,000/yr
Short-let
14.37%
AED 451/night · 1.06/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent April 2026.

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

Yield spread
+0.3 pts
vs the Dubai Healthcare City Phase 2 median for this unit type
Turnover upside
-3.4%
new tenants pay less than sitting ones — 29 renewals
AED/yr/sqft
AED 127
Sales
11
Rental contracts
101
Renewal rent
AED 59,000/yr
12 months
-5.8%
3 years
+39.4%+11.7%/yr

Based on 11 sales and 101 rental contracts in the last 24 months.

Al Waleed Garden 2 is an apartment building in Dubai Healthcare City Phase 2, Dubai. The closest metro station is Al Jadaf Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2023 to 2026, 334 registered sales in all — the 11 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 725,00017067.97%
+0.3 pts
-5.8%11
1 bedAED 1.22M15076.21%
-0.9 pts
+4.5%3

Deltas compare each yield with the Dubai Healthcare City Phase 2 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 Al Waleed Garden 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
Studio4511.06AED 104,150AED 57,0001.8×14.37%1+
1 bed500m5150.64AED 113,496AED 80,0001.4×9.30%24+

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.

1 bed: first Oct 2026, 0.6 AED/night/sqft; latest Sep 2027, 0.38 AED/night/sqft; peak Nov 2026, 0.78 AED/night/sqft.

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 Al Waleed Garden 2 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Al Waleed Garden 2 between 2023 and 2024 went for a median of AED 1,224/sqft (AED 625,000). The same building resells today at AED 1,674/sqft (AED 737,500) — an uplift of +18.0%.

Based on 132 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

8 resales in the last 12 months, against 54 a year on average over 2023–2025.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
3 Sept 20261 bed810AED 70,00086New
1 Sept 2026Studio417AED 45,000108New
1 Sept 20262 bed1,378AED 108,00078New
29 Aug 20261 bed809AED 77,00095New
20 Aug 20261 bed810AED 95,000117New
19 Aug 20261 bed987AED 75,00076New
17 Aug 2026Studio417AED 48,000115New
16 Aug 2026Studio389AED 58,000149New
15 Aug 2026Studio521AED 55,000106New
1 Aug 2026Studio464AED 60,000129New
1 Aug 2026Studio464AED 54,600118Renewal
1 Aug 2026Studio418AED 50,000120New
20 Jul 2026Studio551AED 60,000109Renewal
13 Jul 2026Studio447AED 47,000105New
5 Jul 2026Studio417AED 50,000120Renewal
1 Jul 20261 bed809AED 80,00099Renewal
1 Jul 20262 bed986AED 75,00076New
1 Jul 2026Studio446AED 47,000105New
30 Jun 2026Studio422AED 53,000126Renewal
22 Jun 2026Studio548AED 63,000115Renewal
5 Jun 20261 bed810AED 80,00099Renewal
2 Jun 2026Studio390AED 45,000115New
1 Jun 20261 bed810AED 75,00093New
1 Jun 2026Studio447AED 50,400113New
1 Jun 2026Studio464AED 54,000116New
28 May 2026Studio447AED 57,200128Renewal

26 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

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
17
Lifts
4
Parking bays
194
Swimming pools
1

Nearby

Metro
Al Jadaf Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Dubai Healthcare City Phase 2, on the same figures over the same window.

Common questions

What is the rental yield in Al Waleed Garden 2?
Al Waleed Garden 2 returns 7.97% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 101 rental contracts registered in the last 24 months.
How much does a studio in Al Waleed Garden 2 cost?
The median registered sale price is AED 725,000 (1,706 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Al Waleed Garden 2 selling for right now?
Registered sales of ready units in Al Waleed Garden 2 over the last 12 months have a median of 1,693 AED/sqft, across 6 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 Al Waleed Garden 2 risen or fallen?
Median price per square foot moved -5.8% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Al Waleed Garden 2 compare with Dubai Healthcare City Phase 2?
Its 7.97% gross yield sits +0.3 pts against the Dubai Healthcare City Phase 2 median of 7.62%, computed at the same bedroom grain over the same 24-month window.

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.

Al Waleed Garden 2 sale record

Record type
Building-level property market record
Data date
Evidence base
11 registered sales 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
/sale/apartments/dubai/dubai-healthcare-city-phase-2/al-waleed-garden-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Al Waleed Garden 2 sale prices and yield.” Dubai Healthcare City Phase 2, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-healthcare-city-phase-2/al-waleed-garden-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.