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Madinat Jumeirah Living area in Dubai - prices, rents and cap rates

Cap rates for projects in Madinat Jumeirah Living area in Dubai

Data as of May 2024
ProjectSale price, AED/sqmRent, AED/sqm/yearCap rate
Rahaal25,8261,8407.1%
Lamtara31,9361,8725.9%
Asayel31,0461,4764.8%

Cap rate (rental yield) in Madinat Jumeirah Living area in Dubai is from 4.8% to 7.1%.

The maximum cap rate in Madinat Jumeirah Living is 7.1% at Rahaal project. The minimum cap rate in Madinat Jumeirah Living is 4.8% at Asayel project.

Sales prices for off-plan (pre registration and delayed sell) properties in Madinat Jumeirah Living

RoomsSize, sqmSale price, AED/sqmSale price, AED
16627,3251,816,867
211726,4993,100,000
318629,0255,400,000
425335,5699,013,000

Sales prices for completed properties in Madinat Jumeirah Living

RoomsSize, sqmSale price, AED/sqmSale price, AED
17829,1142,257,500
211531,6253,650,000
324736,5029,000,000

Rents in Madinat Jumeirah Living

RoomsSize, sqmRent, AED/sqm/yearRent, AED
1751,592119,589
21291,592205,644
31931,592307,283
42811,592446,699

Price for off-plan 1 bedroom apartment in Madinat Jumeirah Living is 1,816,867 AED or 27,325 AED/sqm.
Price for off-plan 2 bedroom apartment in Madinat Jumeirah Living is 3,100,000 AED or 26,499 AED/sqm.
Price for off-plan 3 bedroom apartment in Madinat Jumeirah Living is 5,400,000 AED or 29,025 AED/sqm.
Price for off-plan 4 bedroom apartment in Madinat Jumeirah Living is 9,013,000 AED or 35,569 AED/sqm.

Price for completed 1 bedroom apartment in Madinat Jumeirah Living is 2,257,500 AED or 29,114 AED/sqm.
Price for completed 2 bedroom apartment in Madinat Jumeirah Living is 3,650,000 AED or 31,625 AED/sqm.
Price for completed 3 bedroom apartment in Madinat Jumeirah Living is 9,000,000 AED or 36,502 AED/sqm.

Rent in Madinat Jumeirah Living is 36,502 AED/year/sqm on average for long term rent of an apartment.

Rent for 1 bedroom apartment in Madinat Jumeirah Living is 119,589 AED or 1,592 AED/sqm.
Rent for 2 bedroom apartment in Madinat Jumeirah Living is 205,644 AED or 1,592 AED/sqm.
Rent for 3 bedroom apartment in Madinat Jumeirah Living is 307,283 AED or 1,592 AED/sqm.
Rent for 4 bedroom apartment in Madinat Jumeirah Living is 446,699 AED or 1,592 AED/sqm.

Residential property projects in Madinat Jumeirah Living

Off-planReady
Al Jazi (100%)
Jadeel (100%)
Jomana (100%)
Lamaa (100%)
Asayel
Lamtara
Rahaal

Share of off-plan projects in sales in Madinat Jumeirah Living is 62%

Sales and rents in Madinat Jumeirah Living in May 2024

Project nameSale price, AED/sqmPre. reg salesDelayed salesSalesRent, AED/sqm/yearRent contracts
Lamaa
28,05710
Asayel
31,0467 1,47630
Al Jazi
31,4926
Lamtara
31,9366 1,8729
Jadeel
28,2195
Jomana29,0633
Rahaal
25,8261 1,84010

Area guide for property buyers in Madinat Jumeirah Living

What areas are cheaper than 'Jumeirah Living' area in Dubai but provide a similar quality of living?

1. Dubai Marina
2. The Greens
3. Discovery Gardens
4. International City
5. Jumeirah Village Circle
6. Al Barsha
7. Al Warqa
8. Mirdif
9. Al Khail
10. Al Quoz

What areas are better than 'Jumeirah Living' area in Dubai and why?

1. Downtown Dubai: Downtown Dubai is one of the most sought-after areas in Dubai due to its proximity to the Burj Khalifa, the world's tallest building, and its world-class shopping, dining, and entertainment. It is also home to some of the city's most luxurious hotels and residences.

2. Palm Jumeirah: Palm Jumeirah is an artificial archipelago in the United Arab Emirates. It is one of the most luxurious areas in Dubai, with its own shopping malls, restaurants, and beach clubs. It is also home to some of the most exclusive residential developments in the city.

3. Dubai Marina: Dubai Marina is a waterfront development in Dubai. It is home to some of the city's most luxurious residential developments, as well as a wide range of restaurants, cafes, and bars. It is also a popular spot for yachting and other water sports.

4. Business Bay: Business Bay is a commercial and residential district in Dubai. It is home to some of the city's most prestigious office towers, as well as a wide range of luxury apartments and villas. It is also close to some of the city's best shopping and dining options.

Where is 'Jumeirah Living' area in Dubai located?

Jumeirah Living is located in the heart of the city of Dubai, in the Jumeirah Beach Residence area. It is situated between the Palm Jumeirah and the Dubai Marina.

What are the things to do in and around 'Jumeirah Living' area in Dubai and what are their locations?

1. Kite Beach: Located on Jumeirah Beach Road, Kite Beach is a great spot for a day of fun in the sun. Here, you can enjoy a variety of activities such as kite surfing, stand-up paddle boarding, beach volleyball, and beach soccer.

2. Wild Wadi Waterpark: Located next to Jumeirah Beach Hotel, Wild Wadi Waterpark is one of the best waterparks in the world. Here, you can enjoy thrilling rides, slides, and attractions.

3. Dubai Miracle Garden: Located in Al Barsha, Dubai Miracle Garden is the world’s largest natural flower garden. Here, you can enjoy a variety of colorful flower displays, sculptures, and attractions.

4. Dubai Aquarium and Underwater Zoo: Located in the Dubai Mall, the Dubai Aquarium and Underwater Zoo is one of the largest aquariums in the world. Here, you can explore a variety of marine life, including sharks, rays, and other aquatic creatures.

5. Ski Dubai: Located in Mall of the Emirates, Ski Dubai is the Middle East’s first indoor ski resort. Here, you can enjoy skiing, snowboarding, and other winter activities.

6. Burj Khalifa: Located in Downtown Dubai, the Burj Khalifa is the world’s tallest building. Here, you can enjoy amazing views of the city from the observation deck.

7. Dubai Marina: Located in the heart of Dubai, Dubai Marina is a great spot for a leisurely stroll. Here, you can enjoy a variety of restaurants, cafes, and shops.

What schools are there in and around 'Jumeirah Living' area in Dubai and what are their locations?

1. Emirates International School Meadows (EIS Meadows): Emirates Hills, Dubai
2. Jumeirah English Speaking School (JESS): Al Safa 2, Dubai
3. Kings' School Al Barsha: Al Barsha, Dubai
4. Kings' School Nad Al Sheba: Nad Al Sheba, Dubai
5. GEMS World Academy: Emirates Hills, Dubai
6. Raffles International School: Umm Suqeim, Dubai
7. Dubai British School: The Springs, Dubai
8. Dubai International Academy: Al Barsha, Dubai
9. Dubai International School: Al Quoz, Dubai
10. Dubai National School: Al Garhoud, Dubai

What medical clinics are there in and around 'Jumeirah Living' area in Dubai and what are their locations?

1. Prime Medical Centre - Jumeirah Living, Jumeirah Beach Road, Dubai
2. City Medical Centre - Jumeirah Living, Jumeirah Beach Road, Dubai
3. Medcare Medical Centre - Jumeirah Beach Road, Dubai
4. Emirates Hospital - Jumeirah Beach Road, Dubai
5. American Hospital - Al Wasl Road, Dubai
6. Medcare Women & Children Hospital - Al Wasl Road, Dubai
7. Al Zahra Hospital - Sheikh Zayed Road, Dubai
8. Welcare Ambulatory Care Centre - Jumeirah Beach Road, Dubai
9. Emirates Specialty Hospital - Al Wasl Road, Dubai
10. Emirates International Hospital - Al Wasl Road, Dubai


Cap rate (or rental yield) - gross capitalization rate based on long term rentals, before taxes, fees and service charges and without accounting for delays between long term rentals. Shown average prices and rents.

(x%) shows share of off-plan properties in sales in the last complete month




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