Project · Rental yields

3-bedroom Apartment Rental Yield in Canal Residence West 2 2026

The gross rental yield for 3-bedroom apartments in Canal Residence West 2 is 6.88%, based on the 12 months to 16 Oct 2026: the median annual rent was ⃃ 160,000 and the median sale price ⃃ 2,325,000 from 2 registered sales. 5 units are currently let. The Dubai-wide gross yield for the same 3-bedroom apartment mix is 3%. In 2025 the median rent was ⃃ 50,000, 1.7% higher than 2024.

Period: 12 months to 16 Oct 2026Sample: 2 sales · 5 let unitsUpdated: 17 Oct 2026
Gross rental yield
6.88%
gross, before costs · the 12 months to 16 Oct 2026
Median annual rent
⃃ 160,000
rental contracts · the 12 months to 16 Oct 2026
Median sale price
⃃ 2,325,000
−2.1% YoY
2 sales · the 12 months to 16 Oct 2026
Units currently let
5
of 12 units on record

How have rents in Canal Residence West 2 changed since 2016?

Calendar-year rents for all apartments in Canal Residence West 2 (a bedroom-level yearly series is not published).

2016–2026 (to 16 Oct 2026)
Canal Residence West 2 median annual rent and rental contracts by year
Rental contractsMedian annual rent (⃃)
20161—
20171—
20204744,000
202111142,000
202215743,000
202318748,000
202421449,176
202519850,000
2026 YTD16558,000
Registered rental contracts and median annual rent by year, Canal Residence West 2, apartments. Source: DXBinteract. The same figures are in the table below.
New and renewed contracts combined. Median-rent trends omit years with fewer than 10 contracts; those source rows remain in the table. 2026 runs to 16 Oct 2026.
YearContractsMedian rent / yrRent YoYRent per sq ftPer sq ft YoY
2026 (to 16 Oct 2026)165⃃ 58,000+16.0%⃃ 75+2.8%
2025198⃃ 50,000+1.7%⃃ 73+12.2%
2024214⃃ 49,176+2.5%⃃ 65+15.2%
2023187⃃ 48,000+11.6%⃃ 57+17.3%
2022157⃃ 43,000+2.4%⃃ 48+10.6%
2021111⃃ 42,000−4.5%⃃ 44−5.8%
202047⃃ 44,000−58.1%⃃ 46−39.8%
2017 · small sample1⃃ 105,0000.0%⃃ 770.0%
2016 · small sample1⃃ 105,000—⃃ 77—

How does Canal Residence West 2's yield compare with Dubai?

Same property mix, the 12 months to 16 Oct 2026.

MetricCanal Residence West 2Dubai
Gross rental yield6.88%3%
Median annual rent⃃ 160,000⃃ 120,000
Median sale price⃃ 2,325,000⃃ 4,000,000

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Gross rental yield
Annual rent as a percentage of purchase price, as calculated in the source dataset from registered rents and sales of the same place, rounded to two decimal places. It is before service charges, fees, maintenance and vacancy.
Median rent
The middle annual rent of registered contracts in the 12 months to 16 Oct 2026. Yearly rents combine new tenancies and renewals.
Median price
The middle sale price of registered sales in the 12 months to 16 Oct 2026, primary and resale, off-plan and ready.
Units currently let
Units with a rental contract running today.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-rental-yields/canal-residence-west-2/apartments/3-bedroom
3-bedroom Apartment Rental Yield in Canal Residence West 2 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-rental-yields/canal-residence-west-2/apartments/3-bedroom

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the rental yield in Canal Residence West 2 for 3-bedroom apartments?
The gross rental yield for 3-bedroom apartments in Canal Residence West 2 is 6.88% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 160,000 and a median sale price of ⃃ 2,325,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in Canal Residence West 2 for 3-bedroom apartments?
The median annual rent for 3-bedroom apartments in Canal Residence West 2 was ⃃ 160,000 in the 12 months to 16 Oct 2026. Across calendar year 2025 it was ⃃ 50,000 from 198 rental contracts.
Is Canal Residence West 2 a high-yield location compared with Dubai?
Canal Residence West 2's gross yield of 6.88% is above the Dubai-wide 3% for the same property mix (the 12 months to 16 Oct 2026).
How is gross rental yield calculated?
Gross rental yield is annual rent divided by purchase price, times 100. It ignores service charges, agency and DLD fees, maintenance and void periods, so net yield is lower. DXBinteract uses registered rental contracts and registered sales for the same place and period.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-rental-yields/canal-residence-west-2/apartments/3-bedroom