Mirdif Hills area in Dubai - prices, rents and cap rates

Cap rates for projects in Mirdif Hills area in Dubai

Data as of September 2024

Project	Sale price, AED/sqm	Rent, AED/sqm/ year	Cap rate
Mirdif Tulip	11,548	881	7.6%
Al Multaqa Avenue	14,066	876	6.2%
Janayen Avenue	12,754	696	5.5%
Nasayem Avenue	12,874	707	5.5%

Cap rate (rental yield) in Mirdif Hills area in Dubai is from 5.5% to 7.6%. The median cap rate in is 5.85%.

The maximum cap rate in Mirdif Hills is 7.6% at Mirdif Tulip project. The minimum cap rate in Mirdif Hills is 5.5% at Janayen Avenue project.

Sales prices for off-plan (pre registration and delayed sell) properties in Mirdif Hills

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	116	13,905	1,608,034
2	145	12,759	1,855,897
3	148	12,580	1,860,945
4	274	12,880	3,530,907

Sales prices for completed properties in Mirdif Hills

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	45	11,960	534,036
1	73	15,139	1,100,000
2	132	12,717	1,682,559
3	162	12,932	2,100,000

Rents in Mirdif Hills

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	51	886	45,524
1	87	906	79,167
2	141	743	104,900
3	185	725	134,167
4	282	653	184,000

Price for off-plan 1 bedroom apartment in Mirdif Hills is 1,608,034 AED or 13,905 AED/sqm.
Price for off-plan 2 bedroom apartment in Mirdif Hills is 1,855,897 AED or 12,759 AED/sqm.
Price for off-plan 3 bedroom apartment in Mirdif Hills is 1,860,945 AED or 12,580 AED/sqm.
Price for off-plan 4 bedroom apartment in Mirdif Hills is 3,530,907 AED or 12,880 AED/sqm.

Price for completed Studio apartment in Mirdif Hills is 534,036 AED or 11,960 AED/sqm.
Price for completed 1 bedroom apartment in Mirdif Hills is 1,100,000 AED or 15,139 AED/sqm.
Price for completed 2 bedroom apartment in Mirdif Hills is 1,682,559 AED or 12,717 AED/sqm.
Price for completed 3 bedroom apartment in Mirdif Hills is 2,100,000 AED or 12,932 AED/sqm.

Rent in Mirdif Hills is 12,932 AED/sqm/year on average for long term rent of an apartment.

Rent for Studio apartment in Mirdif Hills is 45,524 AED or 886 AED/sqm.
Rent for 1 bedroom apartment in Mirdif Hills is 79,167 AED or 906 AED/sqm.
Rent for 2 bedroom apartment in Mirdif Hills is 104,900 AED or 743 AED/sqm.
Rent for 3 bedroom apartment in Mirdif Hills is 134,167 AED or 725 AED/sqm.
Rent for 4 bedroom apartment in Mirdif Hills is 184,000 AED or 653 AED/sqm.

Residential property projects in Mirdif Hills

Off-plan	Ready
-	Al Multaqa Avenue Janayen Avenue Mirdif Tulip Nasayem Avenue

Share of off-plan projects in sales in Mirdif Hills is 0%

Sales and rents in Mirdif Hills in October 2024

Project name	Sale price, AED/sqm	Delayed sales	Sales	Rent, AED/sqm/ year	Rent contracts
Nasayem Avenue	12,874	6	1	707	13
Janayen Avenue	12,754	4	2	696	7
Al Multaqa Avenue	14,066	4	3	876	8
Mirdif Tulip	11,548		1	881	4

Area guide for property buyers in Mirdif Hills

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

1. Al Warqa
2. Al Qusais
3. Al Barsha
4. Al Khawaneej
5. Al Mizhar
6. Al Twar
7. Al Qouz
8. Al Garhoud
9. Al Quoz Industrial Area
10. Al Jafiliya

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

1. Downtown Dubai: Downtown Dubai is a great area to live in Dubai as it is home to the iconic Burj Khalifa, the world's tallest building, and the Dubai Mall, the world's largest shopping mall. It is also close to many other attractions such as the Dubai Fountain, the Dubai Opera, and the Dubai Marina.

2. Jumeirah Beach Residence (JBR): JBR is a great area to live in Dubai as it is located along the beach and offers stunning views of the Arabian Gulf. It is also home to many restaurants, cafes, and shops, as well as the popular Dubai Marina Mall.

3. Dubai Marina: Dubai Marina is a great area to live in Dubai as it is a vibrant waterfront community with a wide range of luxury apartments, villas, and townhouses. It is also home to many restaurants, cafes, and shops, as well as the Dubai Marina Mall.

4. Palm Jumeirah: Palm Jumeirah is a great area to live in Dubai as it is a man-made island with luxury villas and apartments. It is also home to many restaurants, cafes, and shops, as well as the popular Atlantis, The Palm resort.

5. Business Bay: Business Bay is a great area to live in Dubai as it is a central business district with many modern office buildings and luxury apartments. It is also home to many restaurants, cafes, and shops, as well as the Dubai Canal.

Where is 'Mirdif' area in Dubai located?

Mirdif is an area located in the northern part of Dubai, United Arab Emirates. It is bordered by the Emirates Road to the north, Al Warqaa to the east, Al Mizhar to the south, and Umm Al Sheif to the west.

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

1. Ski Dubai: Located in Mall of the Emirates, Al Barsha, Mirdif.
2. Mirdif City Centre: Located in Mirdif, Dubai.
3. Mushrif Park: Located in Mirdif, Dubai.
4. Dubai Miracle Garden: Located in Al Barsha South 3, Mirdif.
5. Uptown Mirdif: Located in Mirdif, Dubai.
6. Al Khawaneej Walk: Located in Mirdif, Dubai.
7. The Green Planet: Located in City Walk, Al Safa, Mirdif.
8. Dubai Butterfly Garden: Located in Al Barsha South 3, Mirdif.
9. Arabian Ranches Golf Club: Located in Mirdif, Dubai.
10. Dubai Autodrome: Located in Motor City, Mirdif.

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

1. Mirdif Private School: Al Warqa 3, Mirdif, Dubai
2. Al Khaleej National School: Al Warqa 4, Mirdif, Dubai
3. Al Khaleej National School – Girls: Al Warqa 4, Mirdif, Dubai
4. Emirates International School – Mirdif: Al Mizhar 1, Mirdif, Dubai
5. Uptown School: Al Mizhar 1, Mirdif, Dubai
6. Emirates British Nursery – Mirdif: Al Mizhar 1, Mirdif, Dubai
7. Our Own English High School – Mirdif: Al Mizhar 1, Mirdif, Dubai
8. GEMS Royal Dubai School: Al Mizhar 1, Mirdif, Dubai
9. The Millennium School – Mirdif: Al Mizhar 1, Mirdif, Dubai
10. GEMS United School: Al Mizhar 2, Mirdif, Dubai
11. Al Khaleej National School – Boys: Al Mizhar 2, Mirdif, Dubai
12. The Indian High School – Mirdif: Al Mizhar 2, Mirdif, Dubai
13. Emirates Aviation University: Al Mizhar 3, Mirdif, Dubai
14. Al Khaleej National School – Boys (2): Al Mizhar 3, Mirdif, Dubai
15. Our Own English High School – Mirdif (2): Al Mizhar 3, Mirdif, Dubai
16. GEMS Wellington International School: Al Mizhar 4, Mirdif, Dubai
17. The Indian High School – Mirdif (2): Al Mizhar 4, Mirdif, Dubai
18. GEMS Modern Academy: Al Mizhar 5, Mirdif, Dubai
19. Our Own English High School – Mirdif (3): Al Mizhar 5, Mirdif, Dubai
20. The Indian High School – Mirdif (3): Al Mizhar 5, Mirdif, Dubai

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

1. Emirates Hospital Mirdif - Al Khawaneej Road, Mirdif, Dubai
2. Medcare Mirdif - Uptown Mirdif, Dubai
3. Prime Medical Center Mirdif - Uptown Mirdif, Dubai
4. MediClinic Mirdif - Uptown Mirdif, Dubai
5. Prime Hospital Mirdif - Uptown Mirdif, Dubai
6. Aster Clinic Mirdif - Uptown Mirdif, Dubai
7. Dr. Joy Dental Clinic - Mirdif, Dubai
8. Dr. Joy Medical Center - Mirdif, 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.