Building · Rental yields

Green Lakes S2 Apartment Rental Yields 2026

The gross rental yield for apartments in Green Lakes S2 is 5.66%, based on the 12 months to 19 Oct 2026: the median annual rent was AED 116,000 and the median sale price AED 2,050,000 from 13 registered sales. 151 units are currently let. The Dubai-wide gross yield for the same apartment mix is 4.94%. In 2025 the median rent was AED 115,000, 4.5% higher than 2024.

Period: 12 months to 19 Oct 2026Sample: 13 sales · 151 let unitsUpdated: 19 Oct 2026
Gross rental yield
5.66%
gross, before costs · the 12 months to 19 Oct 2026
Median annual rent
AED 116,000
rental contracts · the 12 months to 19 Oct 2026
Median sale price
AED 2,050,000
+33.1% YoY
13 sales · the 12 months to 19 Oct 2026
Units currently let
151
of 283 units on record

Which bedroom size has the highest yield in Green Lakes S2?

Gross yield, median rent and median price over the 12 months to 19 Oct 2026.

UnitGross yieldMedian rent / yrMedian priceSalesLet units
1-bedroom apartment6.78%AED 100,000AED 1,475,000675
2-bedroom apartment6.28%AED 150,000AED 2,388,000472
3-bedroom apartment5.13%AED 218,000AED 4,250,00034

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 19 Oct 2026)
Green Lakes S2 median annual rent and rental contracts by year
Rental contractsMedian annual rent (AED)
2015125120,000
2016152128,000
2017154115,000
2018193113,393
2019198100,000
202019088,000
202120074,500
202219090,000
2023180100,000
2024182110,000
2025192115,000
2026 YTD142119,500
Registered rental contracts and median annual rent by year, Green Lakes S2, 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 19 Oct 2026.
YearContractsMedian rent / yrRent YoYRent per sq ftPer sq ft YoY
2026 (to 19 Oct 2026)142AED 119,500+3.9%AED 95−2.0%
2025192AED 115,000+4.5%AED 97+5.6%
2024182AED 110,000+10.0%AED 92+12.8%
2023180AED 100,000+11.1%AED 82+12.6%
2022190AED 90,000+20.8%AED 72+12.3%
2021200AED 74,500−15.3%AED 64−5.1%
2020190AED 88,000−12.0%AED 68−15.7%
2019198AED 100,000−11.8%AED 81−7.1%
2018193AED 113,393−1.4%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 19 Oct 2026.

MetricGreen Lakes S2Dubai
Gross rental yield5.66%4.94%
Median annual rentAED 116,000AED 61,000
Median sale priceAED 2,050,000AED 1,236,000

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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 19 Oct 2026. Yearly rents combine new tenancies and renewals.
Median price
The middle sale price of registered sales in the 12 months to 19 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/apartments
Green Lakes S2 Apartment Rental Yields 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-rental-yields/green-lakes-s2/apartments

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 for apartments?
The gross rental yield for apartments in Green Lakes S2 is 5.66% (the 12 months to 19 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 for apartments?
The median annual rent for apartments in Green Lakes S2 was AED 116,000 in the 12 months to 19 Oct 2026. Across calendar year 2025 it was AED 115,000 from 192 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 4.94% for the same property mix (the 12 months to 19 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 19 Oct 2026 · https://dxbinteract.com/dubai-rental-yields/green-lakes-s2/apartments