What is the rental yield in Seagate Building 2?

Seagate Building 2 returns 4.0% gross: a median new-contract rent of AED 70,000 a year (28 Ejari contracts in 12 months) over a price benchmark of AED 1.75M (median of 3 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.

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

The median registered sale price is AED 1.75M (2,381 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What is the registered annual rent for a 1 bedroom in Seagate Building 2?

The median new annual rent is AED 70,000, from 28 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 many apartments change hands in Seagate Building 2?

3 sales were registered with the Dubai Land Department in the last 12 months, alongside 28 Ejari rental contracts. Every median on this page rests on those counts.

Which metro station is closest to Seagate Building 2?

Al Ghubaiba Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

Seagate Building 2

Completed 2025
Master developer Mina Rashid

A 1 bed in Seagate Building 2 costs a median AED 1.75M and rents long-let for AED 70,000/yr (4.0% gross).

Satellite view of Seagate Building 2, Mina Rashid, Dubai, centred on its registered pin. Apple Maps. — Satellite view of the registered pin · Apple Maps

Satellite view of the Mina Rashid district around Seagate Building 2, with roads and landmarks named. Apple Maps.

Street map around Seagate Building 2, Mina Rashid, centred on its registered pin. Apple Maps.

1 bed · typical price

1.75MAED

AED 2,381/sqft

Rent a year: AED 70,000
Gross yield: 4.0%
vs Mina Rashid: 5% above the median

Cost to buy, all inAED 1.86M

Price: AED 1.75M
DLD fee 4%: AED 70,000
Agent 2% + VAT: AED 36,750
Trustee: AED 4,200

Fees repaid by rent19 months

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Is Seagate Building 2 a good investment?The rent pays below the Dubai median and lots of new supply is coming; no record of the rent trend

Does it pay a good rent?4.0% gross, before the service charge (not on file) (Dubai median 6.8%)4.0%Watch
Are rents going up?Too few new leases on both sides of the year to measure a changeNo record
How fast do fees pay back?AED 110,950 in fees to buy a 1 bed; rent covers it in 1.6 years1.6 yrs
Can I sell easily?8 sales in 12 months (4 the year before)8
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
Did earlier buyers gain?Up 50% for launch buyers, before fees+49.7%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Seagate Building 2 prices and rents by unit typeA one-bed costs about AED 1.75M and rents for about AED 70,000 a year

Type	Median price	New rent	12-month change	Sales
1 bed	AED 1.75M2,381/sqft	4.0%+0.0 pts	AED 70,00028 contracts	under 5 sales in a year	3
2 bed	AED 3.50M3,208/sqft	pooled rent, not per building	pooled rent, not per building	under 5 sales in a year	2
3 bed	AED 5.60M3,655/sqft	pooled rent, not per building	pooled rent, not per building	under 5 sales in a year	2
4+ bed	AED 9.00M2,796/sqft	pooled rent, not per building	pooled rent, not per building	under 5 sales in a year	1

Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · Mina Rashid · area median AED 2,263/sqft

vs area median: +5.2%
Rank by price per sqft: 8th of 17
Off-plan price gain, 2022–2025: +51.5% · +18.1%/yr

Rental income

1 bed · Mina Rashid

Gross yield: 4.0%
Median new rent: AED 70,000/yr
Yield vs area median: +0.0 pts
Yield vs Dubai (6.8%): -2.8 pts

Read with care

Rental data covers the whole Seagate project, not this tower alone.
Thin sample — 3 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,910 · before fees

Launch, 2022–25: 1,944; +50%; 44 sales
3 years ago: 2,093; +39%; 7 sales
Previous 12 months: 2,348; +24%; 4 sales
Last 12 months: 2,910; today; 8 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.

8 resales in the last 12 months, against 5 a year on average over 2023–2025.

Date	Type	Sqft	Price
27 Apr 2026	2 bed	1,092	AED 3,300,000	3,023
2 Mar 2026	4+ bed	3,218	AED 9,000,000	2,796
13 Feb 2026	2 bed	1,091	AED 3,700,000	3,392
4 Feb 2026	1 bed	819	AED 1,750,000	2,137
27 Jan 2026	1 bed	714	AED 1,900,000	2,662
21 Jan 2026	3 bed	1,531	AED 5,800,000	3,787
10 Dec 2025	3 bed	1,533	AED 5,400,000	3,523
15 Oct 2025	1 bed	714	AED 1,700,000	2,381

8 resales in the last 12 months.

Short-term rates around Seagate Building 2

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

Occupancy assumption70%

Type	Nightly, AED	Net revenue at 70%	Long-let rent	Uplift	Net yield
2 bed3+ listings seen	9540.87/sqft	AED 187,665	AED 110,000	1.7×	—

Nightly rate through the year

Comparables in Mina Rashid

Every Mina Rashid building with a page, ranked by price per sqft over the same 12 months, all unit types. Seagate Building 2 places 7th of 28; the nearest 8 are shown.

Rank	Building	Median price	Gross yield	12-month change	Sales
3	Porto View0% · Q4 2028 · off-plan 2,673/sqft	AED 8.79M	3,233+11.1%	—	—	3
4	Marina Place 20% · Q4 2028 · off-plan 2,678/sqft	AED 3.56M	2,974+2.2%	—	—	4
5	Fior 1off-plan 2,955/sqft	AED 2.47M	2,955+1.6%	—	—	60
6	Aurea0% · Q2 2030 · off-plan 2,928/sqft	AED 2.87M	2,928+0.6%	—	—	158
7	Seagate Building 2 · this buildingCompleted 2025 · off-plan 1,947/sqft	AED 3.50M	2,910	2.9%	—	8
8	SERA 1 - Tower A0% · Q4 2029 · off-plan 2,818/sqft	AED 2.27M	2,818-3.2%	—	—	34
9	SERA 2 - Tower A0% · Q4 2029 · off-plan 2,789/sqft	AED 2.30M	2,774-4.7%	—	-1.5%	32
10	SERA 2 - Tower B0% · Q4 2029 · off-plan 2,794/sqft	AED 3.14M	2,750-5.5%	—	-7.3%	39
11	Marina Views Tower 22% · Q4 2028 · off-plan 3,123/sqft	AED 1.95M	2,465-15.3%	—	—	3

Rank 1 is the dearest per square foot. Differences are against Seagate Building 2 (AED 2,910/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Seagate Building 2 has registered sale prices 5% above the Mina Rashid median price per square foot of 2,263 AED, across 17 eligible buildings. It ranks 8th of 17 by price per square foot in Mina Rashid.

Market context in Mina Rashid

Registered sales activity

27 ready apartment sales in the 12 months to 2026-10-12.

+6.7% in median AED/sqft versus the preceding year, supported by 27 current and 13 prior price observations.

Explore sales activity

Planned apartment projects

391 known registered units across 1 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 supply

Supply against leasing, and same-building moves

1,945 apartments are planned in Mina Rashid from 2026 to 2028, equal to 18.5 times the 105 homes let there today.

How these are counted

Find service-charge budget evidence for Seagate Building 2

Direct 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.

The Seagate towers

4 towers in Seagate, at the bedroom type above.

Seagate, every type →

Tower	Price	AED/sqft	Rent a year	Gross yield
Seagate Building 1	—none	—	AED 70,000project pool	—
Seagate Building 2 · this building	AED 1.75M3 sales	2,381	AED 70,000project pool	4.0%
Seagate Building 3	—none	—	AED 70,000project pool	—
Seagate Building 4	—none	—	AED 70,000project pool	—

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.

Mina Rashid: every development at this type

Development	Rent a year	Price	AED/sqft	Gross yield
Avonlea2 towers	—none	AED 1.69M4 sales	2,068	—
Baystar by VIDA2 towers	—none	AED 2.16M16 sales	2,857	—
Clearpoint3 towers	—none	AED 1.68M9 sales	1,969	—
Marina Views3 towers	—none	AED 1.76M7 sales	2,402	—
Ocean Cove2 towers	—none	AED 1.79M6 sales	2,232	—
Ocean Point3 towers	—none	AED 1.77M9 sales	2,248	—
Ocean Star2 towers	—none	—1 sale, too few	—	—
Seagate · this development4 towers · rent filed for the project	AED 70,00028 contracts	AED 1.75M3 sales	2,381	4.0%
Seascape4 towers	—none	AED 1.55M14 sales	1,925	—
Sera 22 towers	—none	AED 2.15M38 sales	2,794	—
All of Mina Rashidevery building, in a project or not	AED 70,00034 contracts	AED 2.24M261 sales	2,817	3.1%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer.

About Seagate Building 2

Seagate Building 2 is an apartment building completed in 2025 by Mina Rashid in Mina Rashid. 60 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

The building, as registered

Master developer: Mina Rashid

Drive times · typical

Downtown: 17 min · 9.9 km
DXB Airport: 15 min · 14 km
DIFC: 12 min · 6.9 km
Dubai Marina: 25 min · 28 km
Palm Jumeirah: 31 min · 32 km

Nearest, as registered

Metro: Al Ghubaiba Metro Station
Mall: Dubai Mall
Landmark: Burj Khalifa

Seagate Building 2: AED 2,910 per sq ft, 28% above the median Mina Rashid building, and a 2.9% gross yield, in the bottom 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

Seagate Building 2AED 2,910
Mina Rashid, readyAED 2,304
Mina Rashid, off-planAED 2,805
Dubai, readyAED 1,421

Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Seagate Building 2Mina Rashid median building

Mina Rashid2.9% vs 4.0%

Line: the 10th to 90th percentile of 4 buildings in Mina Rashid. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Mina Rashid, by handover quarter

Nearby in Mina Rashid

Every building in Mina Rashid →

Prices per sq ft around Seagate Building 2, on the map

Pills show median sale price, AED. 6 buildings pinned from Google place records and Apple geocoding · Seagate Building 2 is the inverted pinOpen in Apple Maps

Seagate Building 1

Mina Rashid · 12 sales, 12 months

2.77M

AED, resale median · 2,326/sqft

Seagate Building 3

Mina Rashid · 5 sales, 12 months

2.30M

AED, resale median · 1,988/sqft

Sunridge

Mina Rashid · 3 sales, 12 months

1.59M

AED, resale median · 1,508/sqft

Aurea

Mina Rashid · 158 sales, 12 months

2.87M

AED, resale median · 2,928/sqft

Before you decide

The facts that can change the return, each with the date it rests on.

Sales and rents to
2026-10-12 — Dubai Land Department and Ejari, trailing 12 months
On record
Sales evidence · 1 bed
3 registered sales in 12 months; thin, a single deal moves the median
Read with care
Rental evidence · 1 bed
28 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
Costs not included
4% DLD transfer fee, agency fee, mortgage, vacancy, furnishing. Every yield is gross.
Not 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 rate

Prefilled from Seagate Building 2’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of 2026-09-17. Change any figure.

Purchase price, AED

Annual rent, AED

Down payment, %

Residency

More assumptions

Interest rate, % a year

Term, years

Horizon, years

Annual service charge, AED

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: 7,782AED; 4.5% over 25 years
Monthly rent: 5,833AED; AED 70,000 a year
Cash needed at purchase: 481,450AED; 20% down plus AED 131,450 in fees

Owning costs AED 181,438 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 3.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Seagate Building 2

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Common questions

What is the rental yield in Seagate Building 2?: Seagate Building 2 returns 4.0% gross: a median new-contract rent of AED 70,000 a year (28 Ejari contracts in 12 months) over a price benchmark of AED 1.75M (median of 3 sales in the last 12 months, latest Feb 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Seagate Building 2 cost?: The median registered sale price is AED 1.75M (2,381 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What is the registered annual rent for a 1 bedroom in Seagate Building 2?: The median new annual rent is AED 70,000, from 28 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 many apartments change hands in Seagate Building 2?: 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 28 Ejari rental contracts. Every median on this page rests on those counts.
Which metro station is closest to Seagate Building 2?: Al Ghubaiba Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.

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Seagate Building 2 sale record

Record type: Building-level property market record
Data date: 2026-10-12 · refreshed 2026-10-14
Evidence base: 3 registered sales in the last 12 months for the default unit type
Sources: Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record: /sale/apartments/dubai/mina-rashid/seagate-building-2
Method: Definitions and calculations

Cite as: Dubai Wealth Index. “Seagate Building 2 sale prices and yield.” Mina Rashid, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/mina-rashid/seagate-building-2

Stable dataJSON

Seagate Building 2

Is Seagate Building 2 a good investment?The rent pays below the Dubai median and lots of new supply is coming; no record of the rent trend

Seagate Building 2 prices and rents by unit typeA one-bed costs about AED 1.75M and rents for about AED 70,000 a year

Appreciation

Rental income

Read with care

Price history and sales

Did earlier buyers gain?

Short-term rates around Seagate Building 2

Comparables in Mina Rashid

Registered sales activity

Planned apartment projects

Supply against leasing, and same-building moves

The Seagate towers

About Seagate Building 2

The building, as registered

Drive times · typical

Nearest, as registered

Seagate Building 2: AED 2,910 per sq ft, 28% above the median Mina Rashid building, and a 2.9% gross yield, in the bottom tenth of the area

Price per sq ft

Gross yield against the area's buildings

More from Mina Rashid

Aurea

SERA 2 - Tower B

SERA 1 - Tower A

SERA 2 - Tower A

Nearby in Mina Rashid

Seagate Building 1

Seagate Building 3

Sunridge

Aurea

Before you decide

Rent or buy

Ask about Seagate Building 2

Common questions

Seagate Building 2 sale record