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Dubai Festival City rental yield, property prices & rents

In the 12 months to 5 October 2026, Dubai Land Department registered 33 comparable sales and 770 rent contracts in Dubai Festival City. The most traded home, a 2-bed apartment, had a median price of AED 2.98M (AED 1,591 per sq ft) and a median rent of AED 151K a year: a gross rental yield of 5.1%. The median sale price per sq ft is -6.1% on the previous 12 months.

Gross yield · 2-bed apartment5.1%
Median price / sq ftAED 1,591
Price change / sq ft, 1 year-6.1%
Records, 12 months803

Calculate net yield for Dubai Festival City in the explorer →

Prices and yields by home type

Medians for the 12 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.

Home typeMedian priceAED / sq ftGross yieldSales
1-bed apartmentAED 1.45M1,1016.0%3
2-bed apartmentAED 2.98M1,5915.1%18
3-bed apartmentAED 3.50M1,3915.8%9

Rent guide: what tenants pay in Dubai Festival City

The 12 months to 5 October 2026. Typical = median. “Most pay” is the middle half of contracts. New lease is what a new tenant agreed; renewal is an existing tenant renewing, often lower because renewal increases are limited by the RERA rental index.

Home typeTypical rent / yearPer monthMost payNew leaseRenewalContracts
Studio apartmentAED 33KAED 2,756AED 30K – AED 42KAED 43KAED 33K33
1-bed apartmentAED 88KAED 7,292AED 44K – AED 98KAED 98KAED 60K238
2-bed apartmentAED 151KAED 13KAED 125K – AED 170KAED 157KAED 145K303
3-bed apartmentAED 204KAED 17KAED 185K – AED 247KAED 213KAED 198K167
4-bed apartmentAED 360KAED 30KAED 280K – AED 363K—AED 360K9
3-bed villa / townhouseAED 267KAED 22KAED 246K – AED 294KAED 264KAED 310K7
4-bed villa / townhouseAED 300KAED 25KAED 274K – AED 317KAED 312KAED 265K10
5-bed villa / townhouseAED 280KAED 23KAED 270K – AED 298K——3

Rent by building in Dubai Festival City →

Price and rent trend

Median sale price per sq ft (AED), by month
1,0001,2501,5001,7502,000Oct 2024Jul 2025Sep 2026 1,332Oct 2024: AED 1,557 per sq ftNov 2024: AED 1,745 per sq ftDec 2024: AED 1,608 per sq ftJan 2025: AED 1,135 per sq ftFeb 2025: AED 1,585 per sq ftMar 2025: AED 1,694 per sq ftApr 2025: AED 1,681 per sq ftMay 2025: AED 1,791 per sq ftJun 2025: AED 1,316 per sq ftJul 2025: AED 1,281 per sq ftAug 2025: AED 1,603 per sq ftSep 2025: AED 1,574 per sq ftOct 2025: AED 1,728 per sq ftDec 2025: AED 1,857 per sq ftFeb 2026: AED 1,564 per sq ftMar 2026: AED 1,571 per sq ftMay 2026: AED 1,279 per sq ftJul 2026: AED 1,242 per sq ftSep 2026: AED 1,332 per sq ft
Show as table
MonthAED per sq ft
Oct 20241,557
Nov 20241,745
Dec 20241,608
Jan 20251,135
Feb 20251,585
Mar 20251,694
Apr 20251,681
May 20251,791
Jun 20251,316
Jul 20251,281
Aug 20251,603
Sep 20251,574
Oct 20251,728
Dec 20251,857
Feb 20261,564
Mar 20261,571
May 20261,279
Jul 20261,242
Sep 20261,332
Median annual rent per sq ft (AED), by month
406080100Oct 2024Oct 2025Oct 2026 88Oct 2024: AED 76 per sq ft / yearNov 2024: AED 72 per sq ft / yearDec 2024: AED 78 per sq ft / yearJan 2025: AED 56 per sq ft / yearFeb 2025: AED 89 per sq ft / yearMar 2025: AED 90 per sq ft / yearApr 2025: AED 79 per sq ft / yearMay 2025: AED 90 per sq ft / yearJun 2025: AED 79 per sq ft / yearJul 2025: AED 99 per sq ft / yearAug 2025: AED 83 per sq ft / yearSep 2025: AED 77 per sq ft / yearOct 2025: AED 85 per sq ft / yearNov 2025: AED 96 per sq ft / yearDec 2025: AED 97 per sq ft / yearJan 2026: AED 58 per sq ft / yearFeb 2026: AED 96 per sq ft / yearMar 2026: AED 90 per sq ft / yearApr 2026: AED 74 per sq ft / yearMay 2026: AED 84 per sq ft / yearJun 2026: AED 75 per sq ft / yearJul 2026: AED 97 per sq ft / yearAug 2026: AED 85 per sq ft / yearSep 2026: AED 80 per sq ft / yearOct 2026: AED 88 per sq ft / year
Show as table
MonthAED per sq ft / year
Oct 202476
Nov 202472
Dec 202478
Jan 202556
Feb 202589
Mar 202590
Apr 202579
May 202590
Jun 202579
Jul 202599
Aug 202583
Sep 202577
Oct 202585
Nov 202596
Dec 202597
Jan 202658
Feb 202696
Mar 202690
Apr 202674
May 202684
Jun 202675
Jul 202697
Aug 202685
Sep 202680
Oct 202688

Other Dubai areas

JVC (Jumeirah Village Circle), Al Furjan & Discovery Gardens, International City, Business Bay, Dubai South (DWC), Dubai Marina & JBR, Dubailand Residence Complex (DLRC), Dubai Silicon Oasis (DSO), Arjan, Al Nahda 2, Meydan & Sobha Hartland (MBR City), Al Barsha 1, Dubai Sports City, Al Karama, Mirdif, JLT (Jumeirah Lake Towers), Downtown Dubai, Majan & Living Legends, Muhaisnah 4, Al Murqabat, Al Jaddaf, Al Nahda 1, International City Phase 2 & 3, Al Qusais · all areas

Quick answers

What is the rental yield in Dubai Festival City?

Based on DLD records for the 12 months to 5 October 2026, the median gross rental yield for a 2-bed apartment in Dubai Festival City is 5.1%. The highest is 6.0% for 1-bed apartments.

What is the price per sq ft in Dubai Festival City?

The median sale price of a 2-bed apartment in Dubai Festival City was AED 1,591 per sq ft in the 12 months to 5 October 2026.

How much is rent in Dubai Festival City?

The median annual rent for a 2-bed apartment in Dubai Festival City was AED 151K in the 12 months to 5 October 2026; new tenants paid a median AED 157K and renewals AED 145K.