Seagate Building 1

1. Does it pay a good rent?4.0% gross, before the service charge (not on file) (Dubai median 6.8%)4.0%Watch
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?2 bed: AED 1,904/sqft a year ago, 2,304 now+21.0%Strength
4. How fast do fees pay back?AED 170,730 in fees to buy a 2 bed; rent covers it in 1.6 years1.6 yrs
5. Can I sell easily?12 sales in 12 months (17 the year before)12
6. Is a lot being built nearby?1,945 apartments are planned in Mina Rashid from 2026 to 2028, equal to 18.5 times the 105 homes let there today. A further 154 are past their planned date. Mina Rashid supply by year →1852%Watch
7. Did earlier buyers gain?Up 28% for buyers 3 years ago, before fees+27.7%Context

12 resales in the last 12 months, against 17 a year on average over 2023–2025.

At 2 bed, Seagate Building 1 has registered sale prices 5% below the Mina Rashid median price per square foot of 2,430 AED, across 14 eligible buildings. It ranks 9th of 14 by price per square foot in Mina Rashid.

Ejari files Seagate’s leases under the project, not a tower, so every tower 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 · 2 bed
  11 registered sales in 12 months
  On record
• Rental evidence · 2 bed
  61 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
  Seagate: recorded complete 2025-09-30 · register data to 2026-07-06
  On record
• Developer
  Mina Rashid · delivery record
  On record
• Short-term assumption
  Modelled at the published 70% occupancy on 3 listings seen; the dial above changes every short-term figure on this page
  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 Seagate Building 1?

Seagate Building 1 returns 4.0% gross: a median new-contract rent of AED 110,000 a year (61 Ejari contracts in 12 months) over a price benchmark of AED 2.73M (median of 11 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 2 bedroom in Seagate Building 1 cost?

The median registered sale price is AED 2.73M (2,304 AED/sqft), from 11 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Seagate Building 1 selling for right now?

Registered sales of ready units in Seagate Building 1 over the last 12 months have a median of 2,304 AED/sqft, across 11 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.

Have prices in Seagate Building 1 risen or fallen?

Median price per square foot moved +21.0% over the last 12 months against the 12 before it, on 11 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Seagate Building 1 compare with Mina Rashid?

Its 4.0% gross yield sits -0.4 pts against the Mina Rashid median of 4.4%, 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.