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Seagate Building 3

A 2 bed in Seagate Building 3 costs a median AED 2.30M, rents long-let for AED 110,000/yr (4.8% gross), and returns 9.6% short-term at the assumed 70% occupancy.

Satellite view of Seagate Building 3, Mina Rashid, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

2 bed · typical price

2.30MAED

AED 1,988/sqft · -3.5% on a year

Rent a year
AED 110,000
Gross yield
4.8%
vs Mina Rashid
18% below the median
Cost to buy, all inAED 2.44M
Price
AED 2.30M
DLD fee 4%
AED 92,000
Agent 2% + VAT
AED 48,300
Trustee
AED 4,200

Fees repaid by rent16 months

Against this building’s registered sales of the same type.

Ask about Seagate Building 3 →

Is Seagate Building 3 a good investment?The rent pays below the Dubai median, prices are slipping and lots of new supply is coming; no record of the rent trend

  1. Does it pay a good rent?4.8% gross, before the service charge (not on file) (Dubai median 6.8%)4.8%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 2,060/sqft a year ago, 1,988 now-3.5%Watch
  4. How fast do fees pay back?AED 144,500 in fees to buy a 2 bed; rent covers it in 1.3 years1.3 yrs
  5. Can I sell easily?5 sales in 12 months (14 the year before)5
  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 41% for buyers 5 years ago; up 38% for launch buyers, before fees+41.5%Context

Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Seagate Building 3 prices and rents by unit typeA two-bed costs about AED 2.30M and rents for about AED 110,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
2 bedAED 2.30M1,988/sqftlaunch 1,523 +30.6%4.8%+0.4 ptsAED 110,00061 contracts-3.5%5
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Mina Rashid · area median AED 2,430/sqft

vs area median
-18.2%
Rank by price per sqft
12th of 14

Rental income

2 bed · Mina Rashid

Median new rent
AED 110,000/yr
Yield vs area median
+0.4 pts
Yield vs Dubai (6.8%)
-2.0 pts

Short-term income

2 bed · 70% occupancy · 7-night stays · within 500 m

Median nightly rate
AED 1,110
Net revenue
AED 220,246/yr
vs long-let rent
2.0×
Listings seen
6+

Read with care

  • Rental data covers the whole Seagate project, not this tower alone.

Price history and sales

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

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 2 bed: Oct 2019, AED 2,279,388; latest, Sep 2026, AED 2,193,750; peak, Aug 2024, AED 2,685,166.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,988 · before fees

Launch, 2019–25
1,443
+38%
5 years ago
1,406
+41%
3 years ago
1,579
+26%
Previous 12 months
2,136
−7%
Last 12 months
1,988
today

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.

5 resales in the last 12 months, against 15 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
8 Sept 20262 bed1,157AED 2,025,0001,751
21 Aug 20262 bed1,157AED 2,225,0001,924
10 Aug 20262 bed1,159AED 2,500,0002,157
2 Jul 20262 bed1,157AED 2,500,0002,160
25 Dec 20252 bed1,157AED 2,300,0001,988

5 resales in the last 12 months.

Short-term rates around Seagate Building 3

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

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
2 bed500 m cluster · 6+ listings seen1,1100.96/sqftAED 220,246AED 110,0002.0×9.6%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

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 3 places 22nd of 28; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
18Ocean Point - Building 210% · off-plan 2,100/sqftAED 1.95M2,113+6.2%——3
19Bayline11% · off-plan 2,004/sqftAED 2.45M2,033+2.3%—-0.8%16
20Avonlea Building 212% · off-plan 2,012/sqftAED 1.74M2,026+1.9%—0.0%5
21Seascape - Building 179% · Q4 2026 · off-plan 1,832/sqftAED 2.45M2,009+1.0%—+8.6%14
22Seagate Building 3 · this buildingCompleted 2025 · off-plan 1,612/sqftAED 2.30M1,9884.3%-6.9%5
23Clearpoint Building -119% · off-plan 1,915/sqftAED 2.38M1,969-1.0%——7
24Clearpoint Building -319% · off-plan 1,914/sqftAED 2.18M1,925-3.2%—+3.6%7
25Seascape - Building 479% · Q4 2026 · off-plan 1,815/sqftAED 1.57M1,810-9.0%—-3.5%12
26Clearpoint Building -219% · off-plan 1,825/sqftAED 1.70M1,785-10.2%—-7.5%7

Rank 1 is the dearest per square foot. Differences are against Seagate Building 3 (AED 1,988/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 2 bed, Seagate Building 3 has registered sale prices 18% below the Mina Rashid median price per square foot of 2,430 AED, across 14 eligible buildings. It ranks 12th of 14 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 3

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.

TowerPriceAED/sqftRent a yearGross yield
Seagate Building 1AED 2.73M11 sales2,304AED 110,000project pool4.0%
Seagate Building 2—2 sales, too few—AED 110,000project pool—
Seagate Building 3 · this buildingAED 2.30M5 sales1,988AED 110,000project pool4.8%
Seagate Building 4—none—AED 110,000project 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
DevelopmentRent a yearPriceAED/sqftGross yield
Avonlea2 towers—none—2 sales, too few——
Baystar by VIDA2 towers—noneAED 4.74M10 sales3,869—
Clearpoint3 towers—noneAED 2.30M7 sales1,792—
Marina Views3 towers—none—2 sales, too few——
Ocean Point3 towers—noneAED 2.54M6 sales2,010—
Ocean Star2 towers—none—2 sales, too few——
Seagate · this development4 towers · rent filed for the projectAED 110,00061 contractsAED 2.55M18 sales2,1584.3%
Seascape4 towers—noneAED 2.35M9 sales1,794—
Sera 22 towers—noneAED 3.23M26 sales2,430—
All of Mina Rashidevery building, in a project or notAED 110,00063 contractsAED 3.36M184 sales2,7093.3%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer.

About Seagate Building 3

Seagate Building 3 is an apartment building completed in 2025 by Mina Rashid in Mina Rashid. 140 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 · 13 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 3: AED 1,988 per sq ft, 13% below the median Mina Rashid building, and a 4.3% gross yield, above the area's median building

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

  1. Seagate Building 3AED 1,988
  2. Mina Rashid, readyAED 2,304
  3. Mina Rashid, off-planAED 2,805
  4. 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 3Mina Rashid median building

  1. Mina Rashid4.3% 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

More from Mina Rashid

Prices per sq ft around Seagate Building 3, on the map
Pills show median sale price, AED. 6 buildings pinned from Google place records and Apple geocoding · Seagate Building 3 is the inverted pinOpen in Apple Maps

Before you decide

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

Rent or buy

What owning a 2 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 3’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

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
10,227AED
4.5% over 25 years
Monthly rent
9,167AED
AED 110,000 a year
Cash needed at purchase
630,500AED
20% down plus AED 170,500 in fees

Owning costs AED 336,281 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 3

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Common questions

What is the rental yield in Seagate Building 3?
Seagate Building 3 returns 4.8% gross: a median new-contract rent of AED 110,000 a year (61 Ejari contracts in 12 months) over a price benchmark of AED 2.30M (median of 5 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 3 cost?
The median registered sale price is AED 2.30M (1,988 AED/sqft), from 5 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
What are apartments in Seagate Building 3 selling for right now?
Registered sales of ready units in Seagate Building 3 over the last 12 months have a median of 1,988 AED/sqft, across 5 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 3 risen or fallen?
Median price per square foot moved -3.5% over the last 12 months against the 12 before it, on 5 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
How does Seagate Building 3 compare with Mina Rashid?
Its 4.8% 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.

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Seagate Building 3 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
5 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-3
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Seagate Building 3 sale prices and yield.” Mina Rashid, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/mina-rashid/seagate-building-3

Stable dataJSON