Al Waleed Garden 2
- Completed 2024
- 17 floors
- 4 lifts
- 194 parking bays
- 1 pool
A studio in Al Waleed Garden 2 costs a median AED 695,000, rents long-let for AED 54,500/yr (7.8% gross), and returns 13.0% short-term at the assumed 70% occupancy.
Studio · typical price
695,000AED
AED 1,623/sqft · -5.1% on a year
- Rent a year
- AED 54,500
- Gross yield
- 7.8%
- vs Dubai Healthcare City Phase 2
- 22% below the median
Cost to buy, all inAED 741,595
- Price
- AED 695,000
- DLD fee 4%
- AED 27,800
- Agent 2% + VAT
- AED 14,595
- Trustee
- AED 4,200
Fees repaid by rent10 months
Is Al Waleed Garden 2 a good investment?Pays above the Dubai median and easy to let; rents and prices are slipping
- Does it pay a good rent?7.8% gross, before the service charge (not on file) (Dubai median 6.8%)7.8%Strength
- Is it easy to let?67% of units signed a yearly lease in 12 months; the typical Dubai Healthcare City Phase 2 building manages 60%67%Strength
Dubai Healthcare City Phase 2 median 60% · top tenth from 84%Al Waleed Garden 2 · 67% Across 13 Dubai Healthcare City Phase 2 buildings with 40 or more units, the median signed annual leases on 60% of units in 12 months and the top tenth on 84% or more; Al Waleed Garden 2 is at 67%.
- Are rents going up?New studio leases: AED 57,000 a year ago, AED 54,500 now-4.4%Watch
- Are prices going up?Studio: AED 1,709/sqft a year ago, 1,623 now-5.1%Watch
- How fast do fees pay back?AED 46,595 in fees to buy a studio; rent covers it in 0.9 years0.9 yrs
- Can I sell easily?12 sales in 12 months, 7% of the tower (7 the year before)12Fair
- Did earlier buyers gain?Up 32% for launch buyers, before fees+32.0%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
Al Waleed Garden 2 prices and rents by unit typeA studio costs about AED 695,000 and rents for about AED 54,500 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubai Healthcare City Phase 2 · area median AED 2,077/sqft
- 12-month change
- -5.1%
- 3 years
- +33.7% · +10.2%/yr
- vs area median
- -21.9%
- Rank by price per sqft
- 11th of 12
- Off-plan price gain, 2023–2024
- +33.7% · +12.3%/yr
Rental income
Studio · Dubai Healthcare City Phase 2
- Gross yield
- 7.8%
- Median new rent
- AED 54,500/yr
- Yield vs area median
- +0.3 pts
- Yield vs Dubai (6.8%)
- +1.1 pts
- Yield rank, all unit types
- 2nd of 13
- Renewal rent
- AED 59,000/yr
- New tenants pay vs sitting (22 renewals)
- -7.6%
Short-term income
Studio · 70% occupancy · 7-night stays
- Median nightly rate
- AED 451
- Net revenue
- AED 90,187/yr
- vs long-let rent
- 1.7×
- Listings seen
- 1+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, Studio: Apr 2023, AED 607,000; latest, Oct 2026, AED 692,500; peak, Jan 2026, AED 800,000. Rent on new leases: Feb 2020, AED 39,500 a year; latest, Oct 2026, AED 50,319.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,617 · before fees
- Launch, 2023–24
- 1,224
- +32%
- 132 sales
- 3 years ago
- 1,213
- +33%
- 104 sales
- Previous 12 months
- 1,621
- 0%
- 7 sales
- Last 12 months
- 1,617
- today
- 12 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
12 resales in the last 12 months, against 54 a year on average over 2023–2025.
12 resales in the last 12 months.
Short-term rates around Al Waleed Garden 2
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Healthcare City Phase 2
Every Dubai Healthcare City Phase 2 building with a page, ranked by price per sqft over the same 12 months, all unit types. Al Waleed Garden 2 places 15th of 20; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Al Waleed Garden 2 (AED 1,617/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At studio, Al Waleed Garden 2 has registered sale prices 22% below the Dubai Healthcare City Phase 2 median price per square foot of 2,077 AED, across 12 eligible buildings. It ranks 11th of 12 by price per square foot in Dubai Healthcare City Phase 2.
Market context in Dubai Healthcare City Phase 2
Registered sales activity
445 ready apartment sales in the 12 months to 2026-10-12.
+20.2% in median AED/sqft versus the preceding year, supported by 445 current and 296 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
2 projects had already passed their planned date; 1 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
0 apartments are planned in Dubai Healthcare City Phase 2 from 2026 to 2028, equal to 0% of the 2,069 homes let there today.
Ready prices per sqft fell in 43% of 14 buildings (counted once per bedroom type) in Dubai Healthcare City Phase 2 with sales in both years; the typical one moved +2.1%.
The pooled median moved +20.2%: 18.2 points more than the typical building, because different buildings traded in each year.
New-lease rents fell in 83% of 23 buildings (counted once per bedroom type) with leases in both years; the typical one moved −4.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About Al Waleed Garden 2
Al Waleed Garden 2 is an apartment building completed in 2024 in Dubai Healthcare City Phase 2. 172 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 17
- Lifts
- 4
- Parking bays
- 194
- Pools
- 1
Drive times · typical
- Downtown
- 13 min · 7.8 km
- DXB Airport
- 12 min · 11 km
- DIFC
- 9 min · 6.9 km
- Dubai Marina
- 22 min · 27 km
- Palm Jumeirah
- 29 min · 31 km
Nearest, as registered
- Metro
- Al Jadaf Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Al Waleed Garden 2: AED 1,617 per sq ft, 18% below the median Dubai Healthcare City Phase 2 building, and a 8.1% gross yield, in the top tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Al Waleed Garden 2AED 1,617
- Dubai Healthcare City Phase 2, readyAED 1,778
- Dubai Healthcare City Phase 2, off-planAED 2,095
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Al Waleed Garden 2Dubai Healthcare City Phase 2 median building
- Dubai Healthcare City Phase 28.1% vs 6.4%
Nearby in Dubai Healthcare City Phase 2
Prices per sq ft around Al Waleed Garden 2, on the mapPrices per sq ft around Al Waleed Garden 2, on the map
Binghatti Starlight
Dubai Healthcare City Phase 2 · 181 sales, 12 months
932,000
AED, resale median · 2,063/sqft
Adeba Azizi
Dubai Healthcare City Phase 2 · 154 sales, 12 months
1.48M
AED, resale median · 2,040/sqft
Binghatti Pinnacle
Dubai Healthcare City Phase 2 · 152 sales, 12 months
2.40M
AED, resale median · 2,125/sqft
Binghatti Ghost
Dubai Healthcare City Phase 2 · 141 sales, 12 months
1.19M
AED, resale median · 2,630/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Al Waleed Garden 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 3,090AED
- 4.5% over 25 years
- Monthly rent
- 4,542AED
- AED 54,500 a year
- Cash needed at purchase
- 195,545AED
- 20% down plus AED 56,545 in fees
Owning costs AED 209,465 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Al Waleed Garden 2?
- Al Waleed Garden 2 returns 7.8% gross: a median new-contract rent of AED 54,500 a year (52 Ejari contracts in 12 months) over a price benchmark of AED 695,000 (median of 10 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a studio in Al Waleed Garden 2 cost?
- The median registered sale price is AED 695,000 (1,623 AED/sqft), from 10 Dubai Land Department sales in the last 12 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 1,623 AED/sqft, across 10 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in Al Waleed Garden 2 risen or fallen?
- Median price per square foot moved -5.1% over the last 12 months against the 12 before it, on 10 sales with a price per square foot. 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 7.8% gross yield sits +0.3 pts against the Dubai Healthcare City Phase 2 median of 7.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
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Al Waleed Garden 2 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 10 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Cite as: Dubai Wealth Index. “Al Waleed Garden 2 sale prices and yield.” Dubai Healthcare City Phase 2, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-healthcare-city-phase-2/al-waleed-garden-2
Stable dataJSON