Al Ghurair Residence 1

1. Does it pay a good rent?7.7% gross, before the service charge (not on file) (Dubai median 6.8%)7.7%Fair
2. Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
3. Are prices going up?All types: AED 824/sqft a year ago, 854 now+3.5%Strength
4. How fast do fees pay back?AED 49,998 in fees to buy a 1 bed; rent covers it in 0.7 years0.7 yrs
5. Can I sell easily?68 sales in 12 months (22 the year before)68
6. Did earlier buyers gain?Up 9% for launch buyers, before fees+9.0%Context

15 resales in the last 12 months, against 17 a year on average over 2018–2025.

At 1 bed, Al Ghurair Residence 1 has registered sale prices 25% below the Living Legends median price per square foot of 1,080 AED, across 8 eligible buildings.

Ejari files Living Legends Phase 4’s leases under the project, not a tower, so 2 towers share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

• Sales and rents to
  2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
  On record
• Sales evidence · 1 bed
  37 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  3 new and 0 renewal contracts in 12 months · rent source: project (pooled)
  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
  Living Legends Phase 4: recorded cancelled 2022-06-20 · register data to 2026-07-06
  Read with care
• Costs not included
  4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
  Not in the yield

What is the rental yield in Al Ghurair Residence 1?

No gross yield is published for Al Ghurair Residence 1 as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 37 registered sales and 3 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The Living Legends median is 6.9% gross.

How much does a 1 bedroom in Al Ghurair Residence 1 cost?

The median registered sale price is AED 750,780 (813 AED/sqft), from 37 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Al Ghurair Residence 1 selling for right now?

Registered sales of ready units in Al Ghurair Residence 1 over the last 12 months have a median of 760 AED/sqft, across 9 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.

What is the registered annual rent for a 1 bedroom in Al Ghurair Residence 1?

The median new annual rent is AED 73,000, from 3 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.

How do launch and resale median prices in Al Ghurair Residence 1 compare?

The resale median is -8.4% against the all-history launch median (launches 2010–2026), at 1 bed, from 48 launch sales and 9 ready resales in the trailing 12 months to 2026-10-12. These are unpaired transaction groups, before costs, not realised buyer returns.