Festival City rents: median annual rent and rental yield
Rents in Festival City are based on the 561 residential Ejari contracts that started between October 20, 2025 and October 20, 2026. A 1 bedroom rents for a median AED 97,000 a year. Against the median DLD sale price, the indicative gross yield reaches 6% on the best-performing unit type.
- 561Ejari contracts in 12 months
- AED 97,000median annual rent, 1 bedroom
- 6%best indicative gross yield
- AED 14,906median sale price per m²
Festival City rent by unit type
Median annual rent, middle range (half of all contracts) and the median rent of new leases, excluding renewals.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 128 | AED 97,000 | 92,000 – 102,000 | AED 100,000 |
| Apartment · 2 bedrooms | 235 | AED 157,000 | 145,000 – 171,000 | AED 160,000 |
| Apartment · 3 bedrooms | 168 | AED 204,000 | 185,000 – 249,000 | AED 211,500 |
| Apartment · 4 bedrooms | 11 | AED 356,000 | 221,957 – 363,000 | — |
Festival City rent change over one year
| Unit type | Previous 12 months | Last 12 months | Change |
|---|---|---|---|
| Apartment · 1 bedroom | AED 95,000 | AED 97,000 | +2.1% |
| Apartment · 2 bedrooms | AED 150,000 | AED 157,000 | +4.7% |
| Apartment · 3 bedrooms | AED 195,300 | AED 204,000 | +4.5% |
| Apartment · 4 bedrooms | AED 358,000 | AED 356,000 | -0.6% |
Gross rental yield in Festival City
Median Ejari annual rent divided by the median DLD sale price of the same unit type over the last 12 months. A benchmark to compare areas, before service charges, management fees and vacancy.
| Unit type | Median rent | Median price | Gross yield |
|---|---|---|---|
| Apartment · 2 bedrooms | AED 157,000 | AED 2,600,000 | 6% |
| Apartment · 3 bedrooms | AED 204,000 | AED 3,550,000 | 5.7% |
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Frequently asked questions
How much is the rent for a 1 bedroom in Festival City?
The median annual rent is AED 97,000 across 128 Ejari contracts started over the last 12 months, with half of them between AED 92,000 and AED 102,000.
What is the gross rental yield in Festival City?
Indicative gross yield (median rent / median price): 2 bedrooms 6%, 3 bedrooms 5.7%.
Where do these rents come from?
From the Dubai Land Department's Ejari register, where every residential lease is recorded. We use the open dataset published on data.dubai and report median rents, which are more representative than listings.
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.