Al Yelayiss 2 property prices: price per sq ft and sales in 2026
Property prices in Al Yelayiss 2 stand at a median AED 16,312 per m² (AED 1,515 per sq ft) over the last 12 months, based on the 2,068 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an increase of 11.2% on the previous 12 months. Sales reached AED 3.2 billion.
- AED 16,312median price per m²
- AED 1,515median price per sq ft
- 2,068sales in 12 months
- +11.2%change year on year
- 53.4%off-plan share of sales
With a price per m² 12% below the Dubai median (AED 18,545/m²), Al Yelayiss 2 sits in the core of the Dubai market (#101 of 154 by price per m²). Sales are split between off-plan (53.4%) and ready homes, so buyers have both options.
Apartment and villa prices in Al Yelayiss 2
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · Studio | 61 | AED 560,000 | 32 m² |
| Apartment · 1 bedroom | 656 | AED 1,043,388 | 59 m² |
| Apartment · 2 bedrooms | 934 | AED 1,526,888 | 90 m² |
| Apartment · 3 bedrooms | 147 | AED 2,316,888 | 142 m² |
| Villa / townhouse · 3 bedrooms | 197 | AED 2,850,000 | 188 m² |
| Villa / townhouse · 4 bedrooms | 71 | AED 3,500,000 | 271 m² |
Price per m² range in Al Yelayiss 2
Half of the sales over the last 12 months closed between AED 13,933 and AED 18,475 per m² (AED 1,294 to 1,716 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Al Yelayiss 2 price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 505 | AED 6,722 | AED 624 | — |
| 2020 | 1,194 | AED 8,614 | AED 800 | +28.1% |
| 2021 | 1,153 | AED 8,603 | AED 799 | -0.1% |
| 2022 | 837 | AED 8,901 | AED 827 | +3.5% |
| 2023 | 2,954 | AED 11,011 | AED 1,023 | +23.7% |
| 2024 | 3,105 | AED 12,563 | AED 1,167 | +14.1% |
| 2025 | 2,746 | AED 15,287 | AED 1,420 | +21.7% |
| 2026 (to mid-October) | 1,467 | AED 16,040 | AED 1,490 | +4.9% |
Rents and rental yield in Al Yelayiss 2
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: studio 7.5%, 1 bedroom 5.8%, 2 bedrooms 5.6%, 3 bedrooms 5.2%, 3 bedrooms 5.1%, 4 bedrooms 5%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · Studio | 347 | AED 42,000 | 38,000 – 48,000 | AED 44,000 |
| Apartment · 1 bedroom | 1,729 | AED 60,000 | 52,000 – 65,000 | AED 63,000 |
| Apartment · 2 bedrooms | 1,711 | AED 85,000 | 75,000 – 95,000 | AED 90,000 |
| Apartment · 3 bedrooms | 352 | AED 120,000 | 110,000 – 130,000 | AED 126,000 |
| Villa / townhouse · 3 bedrooms | 1,636 | AED 145,000 | 137,000 – 153,000 | AED 150,000 |
| Villa / townhouse · 4 bedrooms | 465 | AED 175,000 | 162,000 – 185,000 | AED 180,000 |
Getting around Al Yelayiss 2
Landmarks most often recorded in the area's DLD transactions:
- Landmark: Dubai Cycling Course
Compare with other areas
Areas with a similar price per m²:
- Town Square — AED 16,312/m² · Town Square rents
- Wadi Al Safa 3 — AED 16,146/m² · Wadi Al Safa 3 rents
- Dubai Studio City — AED 15,973/m² · Dubai Studio City rents
- Jabal Ali First — AED 16,654/m² · Jabal Ali First rents
- Al Hebiah Second — AED 15,969/m² · Al Hebiah Second rents
- Wasl Gate — AED 16,667/m² · Wasl Gate rents
Frequently asked questions
What is the price per square foot in Al Yelayiss 2?
The median is AED 1,515 per sq ft (AED 16,312 per m²), across 2,068 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Al Yelayiss 2?
A one-bedroom sold for a median AED 1,043,388 (59 m²) and a two-bedroom for AED 1,526,888 (90 m²) over the last 12 months, according to DLD sales.
Are prices rising in Al Yelayiss 2?
The median price per m² moved +11.2% between the previous 12 months (AED 14,664/m²) and the last 12 months (AED 16,312/m²).
Off-plan or ready property in Al Yelayiss 2?
53.4% of sales over the last 12 months were off-plan and 46.6% were ready homes. Off-plan gives access to developer payment plans; ready homes can be rented out straight away. A Cevitas advisor compares both on your budget.
What rental yield can you expect in Al Yelayiss 2?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 7.5% for a studio, 5.8% for a 1 bedroom, 5.6% for a 2 bedrooms, 5.2% for a 3 bedrooms, 5.1% for a 3 bedrooms, 5% for a 4 bedrooms, before service charges and vacancy.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.