What is the rental yield in Allegro Residences?

No gross yield is published for Allegro Residences as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 2 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.

How much does a 2 bedroom in Allegro Residences cost?

The median registered sale price is AED 3.11M (2,349 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

How many apartments change hands in Allegro Residences?

2 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

Allegro Residences

Under construction · 84% built · handover Q2 2026, overdue
12 floors
2 lifts
67 parking bays
2 pools
Master developer Mill Hill Riviera

A 2 bed in Allegro Residences costs a median AED 3.11M.

Satellite view of Allegro Residences, Dubai Islands, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Dubai Islands district around Allegro Residences, with roads and landmarks named. Apple Maps.

Street map around Allegro Residences, Dubai Islands, centred on its registered pin. Apple Maps.

2 bed · typical price

3.11MAED

AED 2,349/sqft

vs Dubai Islands: 3% above the median

Cost to buy, all inAED 3.30M

Price: AED 3.11M
DLD fee 4%: AED 124,287
Agent 2% + VAT: AED 65,250
Trustee: AED 4,200

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Is Allegro Residences a good investment?Prices rising, with nothing to watch; no record of the yield and the rent trend

Does it pay a good rent?No Ejari lease registered here in 12 months, so any yield quoted is an estimateNo record
Is it easy to let?None of the 60 units signed an annual lease in 12 months: owner-occupied, holiday homes or a hotel pool0%
Are rents going up?No lease registered in 12 months, so no rent trend to readNo record
Are prices going up?All types: AED 1,864/sqft a year ago, 2,345 now+25.8%Strength
How fast do fees pay back?AED 193,737 in fees to buy a 2 bed: DLD 4%, agent 2% plus VAT, trusteeAED 193,737
Can I sell easily?5 sales in 12 months, 8% of the tower (50 the year before)5Fair
Is a lot being built nearby?8,072 apartments are planned in Dubai Islands from 2026 to 2028; too few homes are let there today for a share. A further 347 are past their planned date. Dubai Islands supply by year →8,072
Did earlier buyers gain?Up 25% for launch buyers, before fees+25.2%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Allegro Residences prices and rents by unit typeA two-bed costs about AED 3.11M

Type	Median price	New rent	12-month change	Sales
1 bed28 units · 795 sqft	AED 1.57M2,037/sqft	not yet let	not yet let	under 5 sales in a year	1
2 bed28 units · 1,322 sqft	AED 3.11M2,349/sqft	not yet let	not yet let	under 5 sales in a year	2
3 bed4 units · 2,127 sqft	AED 5.04M2,346/sqft	not yet let	not yet let	under 5 sales in a year	2

Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Dubai Islands · area median AED 2,279/sqft

vs area median: +3.1%

Read with care

No rental contracts are registered here yet, so there is no yield and the prices are launch pricing — a pre-handover building. Price growth from launch is not comparable with a let building's.
Thin sample — 2 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid by year, 2 bed, with fainter bars resting on fewer sales. Too few monthly records in Allegro Residences to draw an honest monthly line.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,345 · before fees

Launch, 2025–26: 1,873; +25%; 51 sales
Previous 12 months: 1,864; +26%; 50 sales
Last 12 months: 2,345; today; 5 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.

No resales match the last 12 months. Try another transaction type, bedroom type or period.

Comparables in Dubai Islands

Every Dubai Islands building with a page, ranked by price per sqft over the same 12 months, all unit types. Allegro Residences places 67th of 126; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
63	Ocean Bay by SD - A0% · Q2 2028 · off-plan 2,369/sqft	AED 2.40M	2,368+1.0%	—	—	59
64	Beach Residences Dubai Islands - B313% · off-plan 2,403/sqft	AED 2.90M	2,358+0.5%	—	-12.9%	5
65	Sea Coral By Next Realty0% · Q3 2027 · off-plan 2,181/sqft	AED 1.36M	2,358+0.5%	—	—	13
66	Agua Residences by Citi Developers - Tower 20% · Q4 2027 · off-plan 2,386/sqft	AED 2.48M	2,353+0.3%	—	—	30
67	Allegro Residences · this building84% · Q2 2026 · off-plan 1,882/sqft	AED 3.18M	2,345	—	+25.8%	5
68	Edgewater Residences9% · off-plan 2,024/sqft	AED 1.70M	2,329-0.7%	—	+21.5%	7
69	Ocean Bay by SD - B0% · Q2 2028 · off-plan 2,336/sqft	AED 2.93M	2,323-0.9%	—	—	44
70	Iluka Residences36% · Q3 2026 · off-plan 2,341/sqft	AED 2.74M	2,321-1.0%	—	-0.9%	12
71	Vue Doreeoff-plan 2,321/sqft	AED 2.80M	2,321-1.1%	—	—	9

Rank 1 is the dearest per square foot. Differences are against Allegro Residences (AED 2,345/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Allegro Residences has registered sale prices 3% above the Dubai Islands median price per square foot of 2,279 AED, across 98 eligible buildings.

Market context in Dubai Islands

Registered sales activity

1 ready apartment sales in the 12 months to 2026-10-12.

Price change lacks sufficient evidence in both periods.

Explore sales activity

Planned apartment projects

3,414 known registered units across 35 pending projects planned within one year of the 2026-07-06 register.

6 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

8,072 apartments are planned in Dubai Islands from 2026 to 2028; too few homes are let there today for a share.

How these are counted

Find service-charge budget evidence for Allegro Residences

Direct 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 Allegro Residences

Allegro Residences is an under-construction (84% built) apartment building by Mill Hill Riviera in Dubai Islands. 55 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Floors: 12
Lifts: 2
Parking bays: 67
Pools: 2
Master developer: Mill Hill Riviera

Drive times · typical

Downtown: 22 min · 19 km
DXB Airport: 19 min · 14 km
DIFC: 17 min · 16 km
Dubai Marina: 30 min · 36 km
Palm Jumeirah: 36 min · 41 km

Nearest, as registered

Allegro Residences: AED 2,345 per sq ft, level with the median Dubai Islands building

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

Allegro ResidencesAED 2,345
Dubai Islands, off-planAED 2,756
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Upcoming supply in Dubai Islands, by handover quarter

Nearby in Dubai Islands

Every building in Dubai Islands →

Prices per sq ft around Allegro Residences, on the map

Pills show median sale price, AED. 79 buildings pinned from Google place records and Apple geocoding · Allegro Residences is the inverted pinOpen in Apple Maps

Haven Living

Dubai Islands · 3 sales, 12 months

3.25M

AED, resale median · 1,759/sqft

Ellington Sands I - Tower A

Dubai Islands · 320 sales, 12 months

3.07M

AED, resale median · 2,778/sqft

Ellington Sands II - Tower A

Dubai Islands · 320 sales, 12 months

3.01M

AED, resale median · 2,807/sqft

Meriva Sunset

Dubai Islands · 240 sales, 12 months

3.24M

AED, resale median · 3,399/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 2 bed
2 registered sales in 12 months; thin, a single deal moves the median
Read with care
Rental evidence · 2 bed
No Ejari contract registered: not yet let
Read with care
Service charge
Not on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.
Not on record
Project register
Allegro Residences: not recorded complete, 84.46% built, planned 2026-04-07 · register data to 2026-07-06
Read with care
Developer
Mill Hill Riviera · delivery record
On record
Building record
DLD building record · data to 2026-10-13
On record
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not in the yield

Rent or buy

What owning a 2 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Allegro Residences’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

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: —; 4.5% over 25 years
Monthly rent: —
Cash needed at purchase: —

Enter a price, a rent, a rate, a term and a horizon to model the comparison.

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Common questions

What is the rental yield in Allegro Residences?: No gross yield is published for Allegro Residences as of 2026-10-12: no rental contract is registered for it yet. In the last 12 months it had 2 registered sales and 0 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales.
How much does a 2 bedroom in Allegro Residences cost?: The median registered sale price is AED 3.11M (2,349 AED/sqft), from 2 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How many apartments change hands in Allegro Residences?: 2 sales were registered with the Dubai Land Department in the last 12 months. Every median on this page rests on those counts.

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Allegro Residences sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 2 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts
Canonical record: /sale/apartments/dubai/dubai-islands/allegro-residences
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Allegro Residences sale prices and yield.” Dubai Islands, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-islands/allegro-residences

Stable dataJSON