CANAL RESIDENCE WEST (PHASE 1), Dubai Sports City: rental yield, prices & rents
In the 24 months to 5 October 2026, DLD registered 113 sales and 637 rent contracts in CANAL RESIDENCE WEST (PHASE 1), Dubai Sports City. A 1-bed apartment sold for a median AED 745K and rented for AED 60K a year: a gross yield of 8.1%. The Dubai Sports City median for the same home type is 5.6% (last 12 months).
See every CANAL RESIDENCE WEST (PHASE 1) sale and rental in the explorer →
Prices and yields by home type
Medians for the 24 months to 5 October 2026. Gross yield = median annual rent ÷ median sale price.
| Home type | Median price | AED / sq ft | Gross yield | Sales |
|---|---|---|---|---|
| Studio apartment | AED 475K | 943 | 8.9% | 14 |
| 1-bed apartment | AED 745K | 818 | 8.1% | 59 |
| 2-bed apartment | AED 1.25M | 853 | 7.1% | 35 |
| 3-bed apartment | AED 1.90M | 855 | 6.4% | 5 |
Rent guide: what tenants pay in CANAL RESIDENCE WEST (PHASE 1)
The 24 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 type | Typical rent / year | Per month | Most pay | New lease | Renewal | Contracts |
|---|---|---|---|---|---|---|
| Studio apartment | AED 42K | AED 3,538 | AED 38K – AED 48K | AED 44K | AED 40K | 95 |
| 1-bed apartment | AED 60K | AED 5,000 | AED 53K – AED 65K | AED 64K | AED 55K | 366 |
| 2-bed apartment | AED 88K | AED 7,375 | AED 75K – AED 98K | AED 96K | AED 82K | 155 |
| 3-bed apartment | AED 121K | AED 10K | AED 99K – AED 127K | AED 112K | AED 121K | 21 |
Price and rent trend
Show as table
| Month | AED per sq ft |
|---|---|
| Nov 2024 | 786 |
| Dec 2024 | 750 |
| Jan 2025 | 817 |
| Feb 2025 | 839 |
| Mar 2025 | 846 |
| Apr 2025 | 818 |
| May 2025 | 766 |
| Jun 2025 | 786 |
| Jul 2025 | 839 |
| Aug 2025 | 907 |
| Sep 2025 | 928 |
| Oct 2025 | 918 |
| Nov 2025 | 903 |
| Dec 2025 | 833 |
| Jan 2026 | 931 |
| Feb 2026 | 870 |
| Apr 2026 | 892 |
| Aug 2026 | 881 |
Show as table
| Month | AED per sq ft / year |
|---|---|
| Oct 2024 | 58 |
| Nov 2024 | 62 |
| Dec 2024 | 63 |
| Jan 2025 | 65 |
| Feb 2025 | 55 |
| Mar 2025 | 64 |
| Apr 2025 | 71 |
| May 2025 | 70 |
| Jun 2025 | 67 |
| Jul 2025 | 64 |
| Aug 2025 | 64 |
| Sep 2025 | 64 |
| Oct 2025 | 64 |
| Nov 2025 | 69 |
| Dec 2025 | 66 |
| Jan 2026 | 66 |
| Feb 2026 | 69 |
| Mar 2026 | 71 |
| Apr 2026 | 74 |
| May 2026 | 75 |
| Jun 2026 | 66 |
| Jul 2026 | 65 |
| Aug 2026 | 70 |
| Sep 2026 | 68 |
| Oct 2026 | 72 |
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Quick answers
What is the rental yield in CANAL RESIDENCE WEST (PHASE 1)?
The median gross rental yield for a 1-bed apartment in CANAL RESIDENCE WEST (PHASE 1), Dubai Sports City is 8.1%, based on DLD records for the 24 months to 5 October 2026.
How much does a 1-bed apartment in CANAL RESIDENCE WEST (PHASE 1) cost?
The median sale price was AED 745K (AED 818 per sq ft) in the 24 months to 5 October 2026.