
officially Burj Khalifa
AED 2,714/sqft
+73.7%
+3%
42%
5.0%
43
A typical residential sale here is AED 2,300,000 for about 1,143 sqft, from 54,432 recorded sales.
Prices here have moved +73.7% across the 233 months (Mar 2007 – Aug 2026) of Land Department records we hold — a pace of +3% a year if it continued.
That is the whole 233 months of records for this area, expressed as an annual pace. It averages across every cycle in that period, so it describes the long run rather than the market today. Treat it as history, not a forecast.
Comparing a launch price against a resale price without separating them is the most common way Dubai price-per-square-foot figures mislead.
Off-plan
AED 2,434/sqft
23,071 recorded sales
Ready
AED 1,921/sqft
31,361 recorded sales
Off-plan trades 27% above completed homes here. A single blended figure would sit between the two and describe neither.
Median size and price for every bedroom count with at least 15 recorded sales. Dubai Land Department records a room count on nearly every sale, so this is a breakdown of real transactions rather than an estimate.
Rent is matched by size here, not bedroom count, so the column is what homes of that sizeactually let for — the question behind the question, answered from real contracts. Ejari does also carry a bedroom count on most tenancies, and the rent-by-bedroom figures on this page read that field directly.
| Size | Typical home | Typical price | Per sqft | Typical rent | Sales |
|---|---|---|---|---|---|
| Studio | 519 sqft | AED 1,206,944 | AED 2,359/sqft | AED 75,000/yr 384 tenancies | 4,138 |
| 1 bed | 876 sqft | AED 1,700,000 | AED 1,980/sqft | AED 119,358/yr 2,403 tenancies | 21,179 |
| 2 beds | 1,383 sqft | AED 2,981,949 |
Every other figure on this page is about homes that sold. This is the standing stock, from the Land Department’s unit register.
Registered units
27,364
In Burj Khalifa, from the Land Department's register of flats.
Freehold
99%
27,182 of 27,364 units with a recorded ownership type.
Typical size
1,133 sqft
Median of the 27,363 units that record one.
By size of home
From 9,465 tenancy contracts registered with Ejari in the last 12 months — agreed rents, not advertised ones.
Typical annual rent
AED 145,000/yr
for ~1,091 sqft
Rent per sqft
AED 134/sqft
per year
Renewals
42%
of contracts
Contracts
9,465
last 12 months
What it costs to rent here
Median annual rent, by size of home.
A year’s rent against what that size of home actually sold for in Downtown Dubai over the same twelve months — both from registered records.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 1.78M | AED 75,000/yrby bedroom · 384 new lets | 4.2% | 487 |
| 1 bed | AED 2.36M | AED 119,358/yrby bedroom · 2,403 new lets | 5.1% | 928 |
| 2 beds | AED 3.95M | AED 185,000/yrby bedroom · 2,048 new lets | 4.7% | 1,009 |
| 3 beds | AED 7.1M | AED 300,000/yrby bedroom · 628 new lets | 4.2% | 343 |
| 4 beds | AED 23.41M | AED 1,250,000/yr |
a studio rents for a median AED 75,000/yr, a 1-bedroom for AED 119,358/yr, a 2-bedroom for AED 185,000/yr, a 3-bedroom for AED 300,000/yr. These are medians of tenancy contracts registered with Ejari in Downtown Dubai over the last twelve months — what tenants agreed to pay, not advertised asking rents. This table matches rent to homes by floor area, which every Ejari contract records. Ejari carries a bedroom count on most contracts too, and the rent-by-bedroom figures on this page read that field rather than inferring it from size.
Closest to Burj Khalifa on median price per square foot. Areas with fewer than 10 recorded sales are left out, because a median drawn from a handful of deals is not worth comparing against.
29 Boulevard
Emaar Properties (P.J.S.C)
Act One | Act Two
Emaar Development P.J.S.C.
Azha Downtown Residences
AZHA DOWNTOWN RESIDENCES L.L.C
Baccarat Hotel And Residences, Dubai
BC RESIDENCES L.L.C
Bahwan Tower
UTMOST PROPERTIES l.l.c
Bd Boulevard Plaza
Emaar Properties (P.J.S.C)
Bellevue Towers
CENTRAL DUBAI PROJECTS L.L.C
Binghatti Skyblade
Binghatti
| AED 2,189/sqft |
| AED 185,000/yr 2,048 tenancies |
| 20,677 |
| 3 beds | 1,976 sqft | AED 4,894,888 | AED 2,549/sqft | AED 300,000/yr 628 tenancies | 7,175 |
| 4 beds | 4,011 sqft | AED 13.9M | AED 3,453/sqft | AED 1,250,000/yr 50 tenancies | 1,031 |
| 5 beds | 5,849 sqft | AED 18.89M | AED 3,609/sqft | AED 907,631/yr 201 tenancies | 197 |
| 6 beds | 7,295 sqft | AED 31.78M | AED 3,440/sqft | AED 1,280,000/yr 112 tenancies | 16 |
Apartments, stacked townhouses and commercial units. Villas are not in this dataset.
Matched to tenancies by floor area, so this is what homes of each size actually let for. Ejari does also record a bedroom count on most contracts — the rent-by-bedroom table below reads that field directly. Renewing tenants pay about 6% less per sqft than someone signing a new lease here.
| 5.3% |
| 82 |
| 5 beds | AED 28.25M | AED 907,631/yrsame size in Downtown Dubai | 3.2% | 14 |
The best gross yield here is on a 4 beds at 5.3%. Smaller homes almost always yield more than larger ones — they cost proportionally less and rent for proportionally more.
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 6.2% instead of 4.2%, because it prices the home at AED 1.21M — the median across every sale on record — rather than the AED 1.78M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 23/sqft across 22 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 11,938 | AED 63,062 | 4.2% | 3.5% |
| 1 bed | AED 20,155 | AED 99,203 | 5.1% | 4.2% |
| 2 beds | AED 31,818 | AED 153,182 | 4.7% | 3.9% |
| 3 beds | AED 45,437 | AED 254,564 | 4.2% | 3.6% |
| 4 beds | AED 92,257 | AED 1,157,743 | 5.3% | 4.9% |
| 5 beds | AED 134,534 | AED 773,096 | 3.2% | 2.7% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
The median residential sale price in Downtown Dubai is AED 2,714/sqft, which works out at about AED 2.3M for a typical 1,143 sqft home. That is a median of 54,432 sales actually registered with the Dubai Land Department, not of asking prices.
Gross yields in Downtown Dubai run about 4.2% on a studio, 5.1% on a 1-bedroom, 4.7% on a 2-bedroom, 4.2% on a 3-bedroom, dividing a year of registered rent by what that size actually sold for over the same twelve months. Smaller homes yield more. These are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Mostly, but not entirely. 27,182 of the 27,364 units with a recorded tenure in Downtown Dubai are freehold, so foreign ownership is possible in most buildings here and not all — check the specific title before committing.
42% of the 54,432 registered sales in Downtown Dubai were off-plan, and the rest were completed homes. The two trade at different prices, so a single blended price per square foot for the area would describe neither.
AED 2,507/sqft
-8%
Blvd Crescent
Emaar Development P.J.S.C.