Boutique 23
- Under construction · 17% built
- 29 floors
- 7 lifts
- 328 parking bays
- 1 pool
- Master developer Continental Lmd
A 1 bed in Boutique 23 costs a median AED 900,000 and rents long-let for AED 75,000/yr (8.3% gross).
1 bed · typical price
900,000AED
AED 1,850/sqft · +17.4% on a year
- Rent a year
- AED 75,000
- Gross yield
- 8.3%
- vs Jaddaf Waterfront
- 0% above the median
Cost to buy, all inAED 959,100
- Price
- AED 900,000
- DLD fee 4%
- AED 36,000
- Agent 2% + VAT
- AED 18,900
- Trustee
- AED 4,200
Fees repaid by rent9 months
Is Boutique 23 a good investment?Pays above the Dubai median and prices rising; few units are let and lots of new supply is coming; no record of the rent trend
- Does it pay a good rent?8.3% gross, before the service charge (not on file) (Dubai median 6.8%)8.3%Strength
- Is it easy to let?6% of units signed a yearly lease in 12 months; the typical Jaddaf Waterfront building manages 10%6%Watch
Jaddaf Waterfront median 10% · top tenth from 63%Boutique 23 · 6% Across 18 Jaddaf Waterfront buildings with 40 or more units, the median signed annual leases on 10% of units in 12 months and the top tenth on 63% or more; Boutique 23 is at 6%.
- Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
- Are prices going up?1 bed: AED 1,575/sqft a year ago, 1,850 now+17.4%Strength
- How fast do fees pay back?AED 59,100 in fees to buy a 1 bed; rent covers it in 0.8 years0.8 yrs
- Can I sell easily?15 sales in 12 months, 6% of the tower (130 the year before)15Fair
- Is a lot being built nearby?733 apartments are planned in Jaddaf Waterfront from 2026 to 2028, equal to 53% of the 1,395 homes let there today. A further 464 are past their planned date. Jaddaf Waterfront supply by year →53%Watch
- Did earlier buyers gain?Up 20% for launch buyers, before fees+20.3%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
Boutique 23 prices and rents by unit typeA one-bed costs about AED 900,000 and rents for about AED 75,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Jaddaf Waterfront · area median AED 1,850/sqft
- 12-month change
- +17.4%
- vs area median
- 0.0%
- Rank by price per sqft
- 6th of 11
Rental income
1 bed · Jaddaf Waterfront
- Gross yield
- 8.3%
- Median new rent
- AED 75,000/yr
- Yield vs area median
- +1.1 pts
- Yield vs Dubai (6.8%)
- +1.6 pts
- Yield rank, all unit types
- 2nd of 10
- Renewal rent
- AED 53,820/yr
- New tenants pay vs sitting (7 renewals)
- +39.4%
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, 1 bed: Jan 2024, AED 751,588; latest, Jun 2026, AED 1,025,000; peak, Apr 2026, AED 1,080,000. Rent on new leases: Aug 2022, AED 41,000 a year; latest, Sep 2026, AED 64,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,831 · before fees
- Launch, 2024–26
- 1,522
- +20%
- 183 sales
- Previous 12 months
- 1,526
- +20%
- 130 sales
- Last 12 months
- 1,831
- today
- 15 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 Jaddaf Waterfront
Every Jaddaf Waterfront building with a page, ranked by price per sqft over the same 12 months, all unit types. Boutique 23 places 9th of 20; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Boutique 23 (AED 1,831/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, Boutique 23 has registered sale prices 0% above the Jaddaf Waterfront median price per square foot of 1,850 AED, across 11 eligible buildings. It ranks 6th of 11 by price per square foot in Jaddaf Waterfront.
Market context in Jaddaf Waterfront
Registered sales activity
114 ready apartment sales in the 12 months to 2026-10-12.
+17.8% in median AED/sqft versus the preceding year, supported by 114 current and 159 prior price observations.
Explore sales activityPlanned apartment projects
641 known registered units across 5 pending projects planned within one year of the 2026-07-06 register.
1 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
733 apartments are planned in Jaddaf Waterfront from 2026 to 2028, equal to 53% of the 1,395 homes let there today.
New-lease rents fell in 52% of 25 buildings (counted once per bedroom type) with leases in both years; the typical one moved −0.3%.
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 Boutique 23
Boutique 23 is an under-construction (17% built) apartment building by Continental Lmd in Jaddaf Waterfront. 276 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 29
- Lifts
- 7
- Parking bays
- 328
- Pools
- 1
- Master developer
- Continental Lmd
Drive times · typical
- Downtown
- 17 min · 10 km
- DXB Airport
- 10 min · 7.3 km
- DIFC
- 12 min · 9.4 km
- Dubai Marina
- 26 min · 30 km
- Palm Jumeirah
- 32 min · 34 km
Nearest, as registered
- Metro
- Al Jadaf Metro Station
- Mall
- Dubai Mall
- Landmark
- Dubai International Airport
Boutique 23: AED 1,831 per sq ft, 3% above the median Jaddaf Waterfront building, and a 8.3% 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
- Boutique 23AED 1,831
- Jaddaf Waterfront, readyAED 1,776
- Jaddaf Waterfront, off-planAED 1,892
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Boutique 23Jaddaf Waterfront median building
- Jaddaf Waterfront8.3% vs 5.0%
More from Continental Lmd
Taiyo Residences
Wasl Gate · 271 sales, 12 months
1.03M
AED, resale median · 1,595/sqft
Rukan - Building B
Rukan · 34 sales, 12 months
550,000
AED, resale median · 1,160/sqft
The Pier
Maritime City · 27 sales, 12 months
2.90M
AED, resale median · 2,621/sqft
Rukan - Building A
Rukan · 25 sales, 12 months
580,000
AED, resale median · 1,125/sqft
Nearby in Jaddaf Waterfront
Prices per sq ft around Boutique 23, on the mapPrices per sq ft around Boutique 23, on the map
D1
Jaddaf Waterfront · 27 sales, 12 months
2.50M
AED, resale median · 1,781/sqft
Volna by Kasco
Jaddaf Waterfront · 21 sales, 12 months
1.77M
AED, resale median · 1,972/sqft
Palazzo Versace
Jaddaf Waterfront · 16 sales, 12 months
3.95M
AED, resale median · 2,109/sqft
Boutique XII
Jaddaf Waterfront · 16 sales, 12 months
939,000
AED, resale median · 1,910/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 · 1 bedOn record
- Rental evidence · 1 bedOn 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
- DeveloperOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed 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 Boutique 23’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
- 4,002AED
- 4.5% over 25 years
- Monthly rent
- 6,250AED
- AED 75,000 a year
- Cash needed at purchase
- 251,100AED
- 20% down plus AED 71,100 in fees
Owning costs AED 296,869 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 Boutique 23?
- Boutique 23 returns 8.3% gross: a median new-contract rent of AED 75,000 a year (9 Ejari contracts in 12 months) over a price benchmark of AED 900,000 (median of 7 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in Boutique 23 cost?
- The median registered sale price is AED 900,000 (1,850 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- Have prices in Boutique 23 risen or fallen?
- Median price per square foot moved +17.4% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does Boutique 23 compare with Jaddaf Waterfront?
- Its 8.3% gross yield sits +1.1 pts against the Jaddaf Waterfront median of 7.2%, 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.
- What is the registered annual rent for a 1 bedroom in Boutique 23?
- The median new annual rent is AED 75,000, from 9 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
For agents
Send this page to a client as a branded report
Boutique 23 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 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/jaddaf-waterfront/boutique-23
Cite as: Dubai Wealth Index. “Boutique 23 sale prices and yield.” Jaddaf Waterfront, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/jaddaf-waterfront/boutique-23
Stable dataJSON