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Community in Dubai, DLD district Al Kheeran

Festival City

Festival City is mid-priced for Dubai: homes sold for a median AED 1,606 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 37 sales in 12 months, 0% of them off-plan. A typical 2-bedroom costs about AED 2.6M and rents for about AED 157K a year, a gross yield of about 6.0%. Prices are up 4.3% on a year earlier. 549 leases were registered with Ejari in the past year.

Price per sqft, past year
AED 1,606
+4.3% on a year ago
Sales, past year
37
0% off-plan
Net yield, apartments
4.4%
6.8% gross

Prices and rents by bedrooms in Festival City

HomeTypical priceSizeRent a yearGross yield
2 bedroomsAED 2.6M1,923 sqftAED 157K6.0%
3 bedroomsAED 3.6M2,517 sqftAED 203K—

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.