MJL property prices & market data

Apartment prices, rental yield and trends from 1,961 Dubai Land Department sales.

Data through September 2026 · DLD
Median apartment price
AED 3.83M
Ready · last 12 months
Avg price / sqft · m²
AED 2,903 /sqft
AED 31,248 /m²
Ready apartments · last 12 months
Gross rental yield
—
Apartments
5-year price growth
—
Ready resale

Off-plan vs ready

Apartment price per sqft & m² · last 12 months
Ready
AED 2,903 /sqft
AED 31,248 /m²
Median AED 3.83M
80 sales
Off-plan
AED 1,875 /sqft
AED 20,182 /m²
Median AED 2.40M
129 sales

Median price by bedroom

Ready apartments · last 12 months
Studio—
1 B/RAED 2.24M
2 B/RAED 3.66M
3 B/RAED 5.55M

What sells in MJL

Ready · last 12 months
TypeSalesMedianAED/sqftAED/m²
Unit80AED 3.83M2,90331,248

Resale & flips in MJL

Unit-level ownership changes, 2018–2023
Units resold
367
of 2,476 tracked
% of units resold
14.8%
changed hands 2+×
Avg resale gain
+25%
first → latest sale

Most-resold buildings

Asayel 3 · 58Madinat Jumeirah Living Rahaal 2 · 34Madinat Jumeirah Living Lamtara 2 · 30Asayel 1 · 26Al Jazi 3 · 24

From per-unit DLD records (2018–2023, the years with a unit identity). "Resold" = a unit with 2+ genuine ownership changes; avg gain = mean first→last price change of those units.

Who's buying in MJL, and how

Buyer financing, nationality mix and residents

Top buyer nationalities · 9,345 residents (UM SUQAIM THIRD)

Russia · 26.6%United Arab Emirates · 8.2%United Kingdom · 7.4%Kazakhstan · 6.3%India · 3.1%Uzbekistan · 2.3%

Financing from DLD mortgage vs sale registrations. Buyer nationality/residents from official buyer & owner records & Dubai Statistics Center — richer than a simple buyer-type tag, but a proxy for who lives there.

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Methodology

Figures on this page are computed from official Dubai Land Department sale registrations for MJL, residential transactions only. Off-plan and ready properties are reported separately and never blended into one figure. Sales priced outside AED 50–25,000/sqft, or AED 538–269,098/m² are excluded as data-entry errors. Prices cover the last 12 months of sales to September 2026 (the last 3 years, or all years, where a community has too few recent sales). Rental yield combines DLD sale prices with Ejari-registered rents for the same segment. Data through September 2026. Mortgage financing, gifts, and non-residential usage are excluded throughout.

MJL — frequently asked

What is the average apartment price in MJL?
The median ready apartment in MJL sold for about AED 3.83M, roughly AED 2,903/sqft (AED 31,248/m²), over the last 12 months of official Dubai Land Department sales.
What rental yield can I expect in MJL?
Rental yield for MJL is computed from DLD sales and Ejari rents; ask dxbpropy.ai for the latest figure by bedroom.
Is MJL better for off-plan or ready property?
Ready apartments trade around AED 2,903/sqft (AED 31,248/m²); off-plan around AED 1,875/sqft (AED 20,182/m²). Ask dxbpropy.ai to compare the two for your budget and bedroom count.
How has MJL appreciated over time?
5-year appreciation for MJL is computed from official Dubai Land Department resale transactions; ask dxbpropy.ai for the latest figure.
What's the most common property type in MJL?
Unit is the most-sold property type in MJL, with 80 registered sales at a median of AED 3.83M (AED 2,903/sqft (AED 31,248/m²)).
What's the service charge for a building in MJL?
Service charges for MJL vary by building; ask dxbpropy.ai for a specific building's rate, sourced from an independent third-party dataset.