What is the rental yield in Mesk 1?

Mesk 1 returns 7.38% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 60 rental contracts registered in the last 24 months.

How much does a 2 bedroom in Mesk 1 cost?

The median registered sale price is AED 1.40M (1,344 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Mesk 1 selling for right now?

Registered sales of ready units in Mesk 1 over the last 12 months have a median of 1,422 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Mesk 1 risen or fallen?

Median price per square foot moved +8.0% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.

Does Mesk 1 earn more short-let than long-let?

A night asks a median of AED 706, which models to 11.15% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.38% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mesk 1 — sale prices & yield | Production City, Dubai

Buy: 1.40MAED; AED 1,422/sqft
Long-let: 7.38%; AED 110,000/yr
Short-let: 11.15%; AED 706/night · 0.68/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread: +0.0 pts; vs the Production City median for this unit type
Turnover upside: +22.2%; new tenants pay more than sitting ones — 71 renewals
AED/yr/sqft: AED 93
Sales: 20
Rental contracts: 60
Renewal rent: AED 90,000/yr

12 months: +8.0%
3 years: +38.6%+11.5%/yr

Based on 20 sales and 60 rental contracts in the last 24 months. Rental data covers the whole Midtown - Mesk project, not this tower alone.

Mesk 1 is an apartment building in Production City, Dubai, one of the towers in the Midtown - Mesk development. The closest metro station is Harbour Tower, the nearest mall Ibn-e-Battuta Mall and the nearest landmark Sports City Swimming Academy. Land Department records for it run from 2023 to 2026, 306 registered sales in all — the 20 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Mesk 1, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 775,000	1046	—	—	2
1 bed	AED 1.00M	1296	8.11% +0.2 pts	+6.2%	16
2 bed	AED 1.40M	1344	7.38% +0.0 pts	+8.0%	20

Deltas compare each yield with the Production City median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Mesk 1

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

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio	409	0.55	AED 88,486	AED 55,000	1.6×	11.42%	4+
1 bed	895	1.16	AED 207,857	AED 75,000	2.8×	20.73%	3+
2 bed	706	0.68	AED 156,674	AED 110,000	1.4×	11.15%	4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

15 resales in the last 12 months, against 48 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
30 Jul 2026	1 bed	899	AED 1,070,000	1,190
23 Jul 2026	2 bed	1,043	AED 1,400,000	1,342
6 Jul 2026	1 bed	667	AED 833,430	1,250
23 Jun 2026	1 bed	786	AED 925,000	1,176

4 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Harbour Tower
Mall: Ibn-e-Battuta Mall
Landmark: Sports City Swimming Academy

Compare with nearby buildings

The most-traded buildings in Midtown - Mesk, on the same figures over the same window.

Highest rental yields in Production City · Mesk 1 places 4th of 40

Common questions

What is the rental yield in Mesk 1?: Mesk 1 returns 7.38% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 60 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Mesk 1 cost?: The median registered sale price is AED 1.40M (1,344 AED/sqft), from 20 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Mesk 1 selling for right now?: Registered sales of ready units in Mesk 1 over the last 12 months have a median of 1,422 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Mesk 1 risen or fallen?: Median price per square foot moved +8.0% over the last 12 months against the 12 before it, on 20 registered sales. On a sample this size, read the direction rather than the exact figure.
Does Mesk 1 earn more short-let than long-let?: A night asks a median of AED 706, which models to 11.15% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 7.38% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mesk 1