Multaqa Avenue 3

1. Does it pay a good rent?8.0% gross, 6.9% after the service charge (Dubai median 6.8%)8.0%Strength
2. Are rents going up?New 1 bed leases: AED 80,000 a year ago, AED 80,000 now (pooled across the project)0.0%
3. Are prices going up?1 bed: AED 1,339/sqft a year ago, 1,093 now-18.4%Watch
4. How fast do fees pay back?AED 65,200 in fees to buy a 1 bed; net rent covers it in 0.9 years0.9 yrsStrength
5. Can I sell easily?8 sales in 12 months (11 the year before)8
6. Is a lot being built nearby?193 apartments are planned in Mirdif from 2026 to 2028, equal to 4% of the 5,495 homes let there today. Mirdif supply by year →4%Strength
7. Did earlier buyers gain?Buyers 5 years ago still 12% down, before fees-12.1%Context

8 resales in the last 12 months, against 21 a year on average over 2023–2025.

Ejari files Mirdif Hills- Al Multaqa Avenue’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 · 1 bed
  7 registered sales in 12 months
  On record
• Rental evidence · 1 bed
  58 new and 19 renewal contracts in 12 months · rent source: project (pooled)
  Read with care
• Service charge
  AED 11.77/sqft a year, 2026 owners-association budget; 6.9% yield after it. Confirm against the latest invoice.
  On record
• Project register
  Mirdif Hills- Al Multaqa Avenue: recorded complete 2021-08-18 · register data to 2026-07-06
  On record
• Developer
  Dubai · delivery record
  On record
• 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 Multaqa Avenue 3?

Multaqa Avenue 3 returns 8.0% gross: a median new-contract rent of AED 80,000 a year (58 Ejari contracts in 12 months) over a price benchmark of AED 1.00M (median of 7 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.

How much does a 1 bedroom in Multaqa Avenue 3 cost?

The median registered sale price is AED 1.00M (1,093 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.

What are apartments in Multaqa Avenue 3 selling for right now?

Registered sales of ready units in Multaqa Avenue 3 over the last 12 months have a median of 1,093 AED/sqft, across 7 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 Multaqa Avenue 3 risen or fallen?

Median price per square foot moved -18.4% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.

How does Multaqa Avenue 3 compare with Mirdif?

Its 8.0% gross yield sits +1.0 pts against the Mirdif median of 7.0%, 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.