Building · Rental yields

Green Lakes S2 Rental Yields 2026

The gross rental yield for Green Lakes S2 is 5.66%, based on the 12 months to 20 Oct 2026: the median annual rent was AED 116,000 and the median sale price AED 2,050,000 from 13 registered sales. 153 units are currently let. The Dubai-wide gross yield for the same property mix is 4.44%. In 2025 the median rent was AED 115,000, 4.3% higher than 2024.

Period: 12 months to 20 Oct 2026Sample: 13 sales · 153 let unitsUpdated: 20 Oct 2026
Gross rental yield
5.66%
gross, before costs · the 12 months to 20 Oct 2026
Median annual rent
AED 116,000
rental contracts · the 12 months to 20 Oct 2026
Median sale price
AED 2,050,000
+33.1% YoY
13 sales · the 12 months to 20 Oct 2026
Units currently let
153
of 289 units on record

Which property type yields most in Green Lakes S2?

Gross yield, median rent and median price over the 12 months to 20 Oct 2026.

Property typeGross yieldMedian rent / yrMedian priceSalesLet units
Apartments5.66%AED 116,000AED 2,050,00013151

How have rents in Green Lakes S2 changed since 2015?

Median annual rent and number of registered rental contracts by calendar year. 2026 is year to date.

2015–2026 (to 20 Oct 2026)
Green Lakes S2 median annual rent and rental contracts by year
Rental contractsMedian annual rent (AED)
2015125120,000
2016152128,000
2017154115,000
2018194113,869
2019199100,000
202019188,000
202120175,000
202219390,000
2023181100,000
2024185110,250
2025196115,000
2026 YTD144120,000
Registered rental contracts and median annual rent by year, Green Lakes S2. 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)144AED 120,000+4.3%AED 95−1.8%
2025196AED 115,000+4.3%AED 97+5.6%
2024185AED 110,250+10.3%AED 92+12.7%
2023181AED 100,000+11.1%AED 82+12.7%
2022193AED 90,000+20.0%AED 72+12.2%
2021201AED 75,000−14.8%AED 65−5.1%
2020191AED 88,000−12.0%AED 68−15.6%
2019199AED 100,000−12.2%AED 81−7.1%
2018194AED 113,869−1.0%AED 87−7.6%
2017154AED 115,000−10.2%AED 94−2.7%
2016152AED 128,000+6.7%AED 970.0%
2015125AED 120,000—AED 97—

How does Green Lakes S2's yield compare with Dubai?

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

MetricGreen Lakes S2Dubai
Gross rental yield5.66%4.44%
Median annual rentAED 116,000AED 63,000
Median sale priceAED 2,050,000AED 1,420,000

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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-s2
Green Lakes S2 Rental Yields 2026. DXBinteract, data to 20 Oct 2026. https://dxbinteract.com/dubai-rental-yields/green-lakes-s2

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 S2?
The gross rental yield for Green Lakes S2 is 5.66% (the 12 months to 20 Oct 2026), with a median annual rent of AED 116,000 and a median sale price of AED 2,050,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in Green Lakes S2?
The median annual rent for Green Lakes S2 was AED 116,000 in the 12 months to 20 Oct 2026. Across calendar year 2025 it was AED 115,000 from 196 rental contracts.
Is Green Lakes S2 a high-yield location compared with Dubai?
Green Lakes S2's gross yield of 5.66% is above the Dubai-wide 4.44% 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-s2