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Cappadocia

A 1 bed in Cappadocia costs a median AED 1.10M, rents long-let for AED 68,000/yr (6.18% gross), and returns 7.72% short-let at the assumed 80% occupancy — -1.6 pts vs Jumeirah Village Circle's 7.80% and -0.8 pts vs Dubai's 6.97% — from 9 sales and 17 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
2 in 12 months
Rental contracts · 1 bed
8 in 12 months
Buy
1.10MAED
AED 824/sqft
Long-let
6.18%
AED 68,000/yr
Short-let
7.72%
AED 435/night · 0.33/sqft

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

Yield spread
-1.6 pts
vs the Jumeirah Village Circle median for this unit type
Turnover upside
+23.6%
new tenants pay more than sitting ones — 18 renewals
AED/yr/sqft
AED 71
Sales
9
Rental contracts
17
Renewal rent
AED 55,000/yr
12 months
-1.9%

Based on 9 sales and 17 rental contracts in the last 24 months.

Cappadocia is an apartment building in Jumeirah Village Circle, Dubai. The closest metro station is Dubai Internet City, the nearest mall Marina Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2015 to 2026, 130 registered sales in all — the 9 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
StudioAED 522,5009089.04%
+0.6 pts
+3.1%6
1 bedAED 1.10M8246.18%
-1.6 pts
-1.9%9
2 bedAED 1.40M6987.14%
-0.2 pts
1

Deltas compare each yield with the Jumeirah Village Circle 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 Cappadocia

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
Studio500m4280.74AED 95,827AED 47,0002.0×18.34%8+
1 bed4350.33AED 84,946AED 68,0001.2×7.72%1+
2 bed500m6790.34AED 133,788AED 100,0001.3×9.56%2+

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, 0.36 AED/night/sqft; latest Sep 2027, 0.23 AED/night/sqft; peak Jan 2027, 0.52 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 Cappadocia itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Cappadocia between 2009 and 2014 went for a median of AED 281/sqft (AED 385,456). The same building resells today at AED 840/sqft (AED 757,500) — an uplift of +96.5%.

Based on 82 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

DateTypeSqftPriceAED/sqft
22 Jun 20262 bed2,005AED 1,400,000698

1 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Aug 20261 bed1,260AED 55,00044Renewal
20 Jul 20261 bed1,095AED 65,00059New
10 Jul 20262 bed3,533AED 115,00033New
1 Jul 2026Studio564AED 40,00071New
1 Jul 20261 bed2,175AED 100,00046Renewal
20 Jun 20261 bed841AED 70,00083Renewal
8 Jun 20261 bed980AED 65,00066Renewal

7 contracts starting on or after 26 May 2026.

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
4
Flats
65

Nearby

Metro
Dubai Internet City
Mall
Marina Mall
Landmark
Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Jumeirah Village Circle, on the same figures over the same window.

Common questions

What is the rental yield in Cappadocia?
Cappadocia returns 6.18% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 17 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Cappadocia cost?
The median registered sale price is AED 1.10M (824 AED/sqft), from 9 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Cappadocia risen or fallen?
Median price per square foot moved -1.9% over the last 12 months against the 12 before it, on 9 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Cappadocia compare with Jumeirah Village Circle?
Its 6.18% gross yield sits -1.6 pts against the Jumeirah Village Circle median of 7.80%, computed at the same bedroom grain over the same 24-month window.
Does Cappadocia earn more short-let than long-let?
A night asks a median of AED 435, which models to 7.72% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.18% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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.

Cappadocia sale record

Record type
Building-level property market record
Data date
Evidence base
9 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/jumeirah-village-circle/cappadocia
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Cappadocia sale prices and yield.” Jumeirah Village Circle, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/jumeirah-village-circle/cappadocia.

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.