What is the rental yield in The Residences?

The Residences returns 4.36% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 11 rental contracts registered in the last 24 months.

How much does a 3 bedroom in The Residences cost?

The median registered sale price is AED 5.30M (2,653 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in The Residences risen or fallen?

Median price per square foot moved +5.7% over the last 12 months against the 12 before it, on 6 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Residences compare with Jumeirah Lake Towers?

Its 4.36% gross yield sits -2.2 pts against the Jumeirah Lake Towers median of 6.55%, computed at the same bedroom grain over the same 24-month window.

Do new tenants in The Residences pay more than sitting ones?

A new tenant pays -13.6% against a renewing one, across 12 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

The Residences — sale prices & yield | Jumeirah Lake Towers, Dubai

Buy: 5.30MAED; AED 2,653/sqft
Long-let: 4.36%; AED 231,200/yr

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

Yield spread: -2.2 pts; vs the Jumeirah Lake Towers median for this unit type
Turnover upside: -13.6%; new tenants pay less than sitting ones — 12 renewals
AED/yr/sqft: AED 116
Sales: 6
Rental contracts: 11
Renewal rent: AED 267,500/yr

12 months: +5.7%
3 years: +53.3%+15.3%/yr
5 years: +64.4%+10.5%/yr

Based on 6 sales and 11 rental contracts in the last 24 months.

The Residences is an apartment building in Jumeirah Lake Towers, Dubai. The closest metro station is Damac Properties, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2017 to 2026, 196 registered sales in all — the 6 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Residences, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
2 bed	AED 3.30M	1974	7.95% +1.5 pts	—	1
3 bed	AED 5.30M	2653	4.36% -2.2 pts	+5.7%	6
4+ bed	AED 14.75M	2769	6.50%	+57.8%	2

Deltas compare each yield with the Jumeirah Lake Towers 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 November 2024.

Off-plan vs resale

Units sold off-plan in The Residences between 2017 and 2018 went for a median of AED 1,573/sqft (AED 3.20M). The same building resells today at AED 2,632/sqft (AED 5.30M) — an uplift of +65.6%.

Based on 5 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.

Sales

Date	Type	Sqft	Price	AED/sqft
15 Jul 2026	3 bed	2,420	AED 6,500,000	2,686

1 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
30 Jan 2028	2 bed	1,536	AED 389,500	254	Renewal
1 Sept 2026	3 bed	1,916	AED 200,000	104	New
1 Aug 2026	3 bed	3,060	AED 220,000	72	Renewal
30 Jun 2026	2 bed	1,405	AED 175,000	125	New

4 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: 1
Flats: 81
Lifts: 11
Parking bays: 305
Swimming pools: 2
Flats per lift: 7.36
Parking per flat: 3.77
Pools per 100 flats: 2.47

Nearby

Metro: Damac Properties
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Jumeirah Lake Towers, on the same figures over the same window.

Highest rental yields in Jumeirah Lake Towers · The Residences places 28th of 31

Common questions

What is the rental yield in The Residences?: The Residences returns 4.36% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 11 rental contracts registered in the last 24 months.
How much does a 3 bedroom in The Residences cost?: The median registered sale price is AED 5.30M (2,653 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in The Residences risen or fallen?: Median price per square foot moved +5.7% over the last 12 months against the 12 before it, on 6 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Residences compare with Jumeirah Lake Towers?: Its 4.36% gross yield sits -2.2 pts against the Jumeirah Lake Towers median of 6.55%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in The Residences pay more than sitting ones?: A new tenant pays -13.6% against a renewing one, across 12 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

The Residences