What is the rental yield in The Onyx - Tower 2?

The Onyx - Tower 2 returns 6.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 29 rental contracts registered in the last 24 months.

How much does a 1 bedroom in The Onyx - Tower 2 cost?

The median registered sale price is AED 2.13M (1,745 AED/sqft), from 7 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in The Onyx - Tower 2 risen or fallen?

Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 7 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Onyx - Tower 2 compare with The Greens?

Its 6.48% gross yield sits -0.1 pts against the The Greens median of 6.55%, computed at the same bedroom grain over the same 24-month window.

Does The Onyx - Tower 2 earn more short-let than long-let?

A night asks a median of AED 1,454, which models to 15.92% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.48% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

The Onyx - Tower 2 — sale prices & yield

Buy: 2.13MAED; AED 1,745/sqft
Long-let: 6.48%; AED 147,000/yr
Short-let: 15.92%; AED 1,454/night · 1.19/sqft

Priced off the last 5 sales — most recent October 2025.

Yield spread: -0.1 pts; vs the The Greens median for this unit type
Turnover upside: +10.3%; new tenants pay more than sitting ones — 60 renewals
AED/yr/sqft: AED 121
Sales: 7
Rental contracts: 29
Renewal rent: AED 133,281/yr

12 months: -7.5%
3 years: +18.8%+5.9%/yr

Based on 7 sales and 29 rental contracts in the last 24 months. Rental data covers the whole The Onyx project, not this tower alone.

The Onyx - Tower 2 is an apartment building in The Greens, Dubai, one of the towers in the The Onyx development. The closest metro station is Dubai Internet City, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2025, 372 registered sales in all — the 7 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The Onyx - Tower 2, 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
1 bed	AED 2.13M	1745	6.48% -0.1 pts	-7.5%	7
2 bed	AED 2.97M	1624	6.73% +1.1 pts	—	5
3 bed	AED 4.30M	1660	7.17% +2.1 pts	—	1

Deltas compare each yield with the The Greens 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.

2 bed: Priced off the last 5 sales — most recent August 2025.
3 bed: Priced off the last 5 sales — most recent September 2024.

Short-let rates around The Onyx - Tower 2

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
1 bed500m	1,454	1.19	AED 338,216	AED 147,000	2.3×	15.92%	4+
2 bed500m	1,209	0.66	AED 267,513	AED 200,000	1.3×	9.01%	4+
3 bed500m	1,300	0.50	AED 277,312	AED 255,000	1.1×	6.45%	1+

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. Rows marked 500m widen to the surrounding cluster, because The Onyx - Tower 2 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in The Onyx - Tower 2 between 2009 and 2017 went for a median of AED 1,421/sqft (AED 2.27M). The same building resells today at AED 1,660/sqft (AED 2.50M) — an uplift of +10.2%.

Based on 81 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

Sales

Nothing registered in the last 3 months. Try a wider window.

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.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 23
Flats: 169
Parking bays: 128
Parking per flat: 0.76

Nearby

Metro: Dubai Internet City
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

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

Common questions

What is the rental yield in The Onyx - Tower 2?: The Onyx - Tower 2 returns 6.48% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 29 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Onyx - Tower 2 cost?: The median registered sale price is AED 2.13M (1,745 AED/sqft), from 7 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in The Onyx - Tower 2 risen or fallen?: Median price per square foot moved -7.5% over the last 12 months against the 12 before it, on 7 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Onyx - Tower 2 compare with The Greens?: Its 6.48% gross yield sits -0.1 pts against the The Greens median of 6.55%, computed at the same bedroom grain over the same 24-month window.
Does The Onyx - Tower 2 earn more short-let than long-let?: A night asks a median of AED 1,454, which models to 15.92% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.48% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

The Onyx - Tower 2