MJL property prices & market data
Apartment prices, rental yield and trends from 1,936 Dubai Land Department sales.
Median apartment price
AED 3.41M
Ready
Avg price / sqft
AED 2,767
Ready apartments
Gross rental yield
—
Apartments
5-year price growth
—
Ready resale
Off-plan vs ready
Apartment price per sqft
Ready
AED 2,767 /sqft
Median AED 3.41M
365 sales
Off-plan
AED 2,030 /sqft
Median AED 2.39M
1,571 sales
Median price by bedroom
Ready apartments
Studio—
1 B/RAED 2.14M
2 B/RAED 3.48M
3 B/RAED 6.68M
What sells in MJL
By property type, all DLD sales
| Type | Sales | Median | AED/sqft |
|---|---|---|---|
| Unit | 1,936 | AED 2.58M | 2,169 |
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 · 7,935 residents
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.
Ask dxbpropy.ai about MJL
Compare it to another area, get the best yield by bedroom, or check if a listing is fairly priced.
MJL — frequently asked
What is the average apartment price in MJL?
The median ready apartment in MJL sells for about AED 3.41M, roughly AED 2,767 per sqft, based on 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 2,767 per sqft; off-plan around AED 2,030. Ask dxbpropy.ai to compare the two for your budget and bedroom count.