Building · Rental yields

2-bedroom Apartment Rental Yield in Green Lakes S1 2026

The gross rental yield for 2-bedroom apartments in Green Lakes S1 is 5.88%, based on the 12 months to 20 Oct 2026: the median annual rent was AED 150,000 and the median sale price AED 2,550,000 from 5 registered sales. 53 units are currently let. The Dubai-wide gross yield for the same 2-bedroom apartment mix is 3.45%. In 2025 the median rent was AED 110,000, unchanged from 2024.

Period: 12 months to 20 Oct 2026Sample: 5 sales · 53 let unitsUpdated: 20 Oct 2026
Gross rental yield
5.88%
gross, before costs · the 12 months to 20 Oct 2026
Median annual rent
AED 150,000
rental contracts · the 12 months to 20 Oct 2026
Median sale price
AED 2,550,000
+9.7% YoY
5 sales · the 12 months to 20 Oct 2026
Units currently let
53
of 120 units on record

How have rents in Green Lakes S1 changed since 2015?

Calendar-year rents for all apartments in Green Lakes S1 (a bedroom-level yearly series is not published).

2015–2026 (to 20 Oct 2026)
Green Lakes S1 median annual rent and rental contracts by year
Rental contractsMedian annual rent (AED)
2015133130,000
2016128135,000
2017150111,250
2018143115,000
201914695,500
202016584,000
202112672,500
202215485,000
202315298,200
2024139110,000
2025144110,000
2026 YTD104115,000
Registered rental contracts and median annual rent by year, Green Lakes S1, 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 20 Oct 2026.
YearContractsMedian rent / yrRent YoYRent per sq ftPer sq ft YoY
2026 (to 20 Oct 2026)104AED 115,000+4.5%AED 96−2.9%
2025144AED 110,0000.0%AED 99+5.3%
2024139AED 110,000+12.0%AED 94+9.7%
2023152AED 98,200+15.5%AED 86+23.5%
2022154AED 85,000+17.2%AED 69+13.5%
2021126AED 72,500−13.7%AED 61−2.1%
2020165AED 84,000−12.0%AED 63−20.3%
2019146AED 95,500−17.0%AED 78−7.1%
2018143AED 115,000+3.4%AED 84−9.2%
2017150AED 111,250−17.6%AED 93+2.6%
2016128AED 135,000+3.8%AED 91−2.6%
2015133AED 130,000—AED 93—

How does Green Lakes S1's yield compare with Dubai?

Same property mix, the 12 months to 20 Oct 2026.

MetricGreen Lakes S1Dubai
Gross rental yield5.88%3.45%
Median annual rentAED 150,000AED 77,000
Median sale priceAED 2,550,000AED 2,230,000

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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 20 Oct 2026. Yearly rents combine new tenancies and renewals.
Median price
The middle sale price of registered sales in the 12 months to 20 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/green-lakes-s1/apartments/2-bedroom
2-bedroom Apartment Rental Yield in Green Lakes S1 2026. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-rental-yields/green-lakes-s1/apartments/2-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 Green Lakes S1 for 2-bedroom apartments?
The gross rental yield for 2-bedroom apartments in Green Lakes S1 is 5.88% (the 12 months to 20 Oct 2026), with a median annual rent of AED 150,000 and a median sale price of AED 2,550,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in Green Lakes S1 for 2-bedroom apartments?
The median annual rent for 2-bedroom apartments in Green Lakes S1 was AED 150,000 in the 12 months to 20 Oct 2026. Across calendar year 2025 it was AED 110,000 from 144 rental contracts.
Is Green Lakes S1 a high-yield location compared with Dubai?
Green Lakes S1's gross yield of 5.88% is above the Dubai-wide 3.45% for the same property mix (the 12 months to 20 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 20 Oct 2026 · https://dxbinteract.com/dubai-rental-yields/green-lakes-s1/apartments/2-bedroom