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Dubai project data

GEMINI SPLENDOR: rents and rent contracts

الجوزاء روعة

Registered sales and rent contracts for the project GEMINI SPLENDOR in Al Merkadh, from Dubai Land Department open data.

GEMINI SPLENDOR (Al Merkadh): 46 registered rent contracts in the 12 months to September 2026, median annual rent AED 100,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
26
−29.7% vs previous 12 months
Median price per sq ft
AED 1,579 per sq ft
+0.7% vs previous 12 months
Median sale price
AED 2m
Off-plan share of sales
under 3
Registered rent contracts
46
Median annual rent
AED 100,000
Gross rental yield
under 30 sales (26)
Mortgage registrations
8
Units in the register
140

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in GEMINI SPLENDOR

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready26AED 1,579 per sq ft1,570 – 1,606

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in GEMINI SPLENDOR

Registered rent contracts
46
Median annual rent
AED 100,000
Middle range of registered annual rents: AED 82,000 – AED 125,000
Median annual rent per sq ft
AED 96 per sq ft
Gross rental yield
under 30 sales (26)

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: 26 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in GEMINI SPLENDOR

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom9AED 1,578 per sq ftAED 82,000under 30 sales (9)
2 bedrooms16AED 1,580 per sq ftAED 120,000under 30 sales (16)
3 bedroomsunder 3under 3AED 280,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in GEMINI SPLENDOR

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 38
Nov 2024under 3under 33
Dec 20243AED 1,523 per sq ft3
Jan 20254AED 1,536 per sq ftunder 3
Feb 20253AED 1,532 per sq ftunder 3
May 20255AED 1,570 per sq ftunder 3
Jun 20254AED 1,559 per sq ftunder 3
Jul 20257AED 1,579 per sq ft3
Sep 20253AED 1,560 per sq ft4
Oct 20254AED 1,577 per sq ft8
Nov 20253AED 1,606 per sq ft5
Dec 20254AED 1,597 per sq ft4
Jan 20264AED 1,570 per sq ft6
Feb 2026under 3under 33
Apr 20263AED 1,580 per sq ftunder 3
Jul 2026under 3under 37
Sep 2026under 3under 37
Sales per calendar year
YearSalesMedian per sq ft
201713AED 1,400 per sq ft
201830AED 1,418 per sq ft
20214AED 1,290 per sq ft
202318AED 1,600 per sq ft
202429AED 1,508 per sq ft
202542AED 1,578 per sq ft

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

GEMINI SPLENDOR is a project in the DLD area Al Merkadh.

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Al Merkadh

Questions about GEMINI SPLENDOR

How many sales were registered in GEMINI SPLENDOR?
26 sales were registered in GEMINI SPLENDOR in Oct 2025 – Sep 2026.
What is the median price per sq ft in GEMINI SPLENDOR?
The median price of registered sales in GEMINI SPLENDOR was AED 1,579 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in GEMINI SPLENDOR?
The median annual rent of registered rent contracts in GEMINI SPLENDOR was AED 100,000 in Oct 2025 – Sep 2026.
Which DLD area is GEMINI SPLENDOR in?
GEMINI SPLENDOR is registered in the Dubai Land Department area Al Merkadh.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae