Building · Rental yields

Studio Apartment Rental Yield in L-04 2026

The gross rental yield for studio apartments in L-04 is 9.35%, based on the 12 months to 19 Oct 2026: the median annual rent was AED 29,000 and the median sale price AED 310,000 from 1 registered sales. 23 units are currently let. The Dubai-wide gross yield for the same studio apartment mix is 5.81%. In 2025 the median rent was AED 28,550, 5.7% higher than 2024.

Period: 12 months to 19 Oct 2026Sample: 1 sales · 23 let unitsUpdated: 19 Oct 2026
Gross rental yield
9.35%
gross, before costs · the 12 months to 19 Oct 2026
Median annual rent
AED 29,000
rental contracts · the 12 months to 19 Oct 2026
Median sale price
AED 310,000
+0.9% YoY
1 sales · the 12 months to 19 Oct 2026
Units currently let
23
of 32 units on record

How have rents in L-04 changed since 2015?

Calendar-year rents for all apartments in L-04 (a bedroom-level yearly series is not published).

2015–2026 (to 19 Oct 2026)
L-04 median annual rent and rental contracts by year
Rental contractsMedian annual rent (AED)
20152137,000
20161835,500
20172531,000
20182627,000
20193724,000
20203321,000
20213318,000
20222820,000
20233222,000
20243627,000
20254428,550
2026 YTD3331,000
Registered rental contracts and median annual rent by year, L-04, 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)33AED 31,000+8.6%AED 55+6.8%
202544AED 28,550+5.7%AED 51+10.9%
202436AED 27,000+22.7%AED 46+9.0%
202332AED 22,000+10.0%AED 42+10.4%
202228AED 20,000+11.1%AED 38+11.8%
202133AED 18,000−14.3%AED 34−6.9%
202033AED 21,000−12.5%AED 37−18.2%
201937AED 24,000−11.1%AED 45−12.9%
201826AED 27,000−12.9%AED 52−13.5%
201725AED 31,000−12.7%AED 60−15.5%
201618AED 35,500−4.1%AED 71+14.4%
201521AED 37,000—AED 62—

How does L-04's yield compare with Greece Cluster and Dubai?

Same property mix, the 12 months to 19 Oct 2026.

MetricL-04Greece ClusterDubai
Gross rental yield9.35%9.23%5.81%
Median annual rentAED 29,000AED 30,000AED 40,000
Median sale priceAED 310,000AED 325,000AED 689,000

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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/l-04/apartments/studio
Studio Apartment Rental Yield in L-04 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-rental-yields/l-04/apartments/studio

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 L-04 for studio apartments?
The gross rental yield for studio apartments in L-04 is 9.35% (the 12 months to 19 Oct 2026), with a median annual rent of AED 29,000 and a median sale price of AED 310,000. Gross yield is before service charges, fees, maintenance and vacancy.
What is the average annual rent in L-04 for studio apartments?
The median annual rent for studio apartments in L-04 was AED 29,000 in the 12 months to 19 Oct 2026. Across calendar year 2025 it was AED 28,550 from 44 rental contracts.
Is L-04 a high-yield location compared with Dubai?
L-04's gross yield of 9.35% is above the Dubai-wide 5.81% 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/l-04/apartments/studio