Dubai project data
MYKA Residence: rents and rent contracts
ميكا ريزدنس
Registered sales and rent contracts for the project MYKA Residence in Me'Aisem First, from Dubai Land Department open data.
MYKA Residence (Me'Aisem First): 67 registered rent contracts in the 12 months to September 2026, median annual rent AED 55,000. 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
- Median sale price
- AED 1.1m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 55,000
- Gross rental yield
- under 30 sales (13)
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 MYKA Residence
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 13 | AED 1,255 per sq ft | 1,125 – 1,343 |
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 MYKA Residence
- Median annual rent per sq ft
- AED 102 per sq ft
- Gross rental yield
- under 30 sales (13)
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: 13 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 MYKA Residence
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| Studio | 3 | AED 1,437 per sq ft | AED 50,000 | under 30 sales (3) |
| 1 bedroom | 8 | AED 1,134 per sq ft | AED 82,000 | under 30 sales (8) |
| 2 bedrooms | under 3 | under 3 | AED 99,723 | under 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 MYKA Residence
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 7 |
| Nov 2024 | under 3 | under 3 | 4 |
| Dec 2024 | under 3 | under 3 | 3 |
| Jan 2025 | 3 | AED 1,235 per sq ft | 4 |
| Feb 2025 | under 3 | under 3 | 5 |
| Mar 2025 | under 3 | under 3 | 6 |
| Apr 2025 | 3 | AED 1,409 per sq ft | 4 |
| May 2025 | 3 | AED 1,404 per sq ft | 3 |
| Jun 2025 | 3 | AED 1,357 per sq ft | 9 |
| Jul 2025 | under 3 | under 3 | 6 |
| Aug 2025 | under 3 | under 3 | 8 |
| Sep 2025 | under 3 | under 3 | 8 |
| Oct 2025 | under 3 | under 3 | 12 |
| Nov 2025 | under 3 | under 3 | 7 |
| Dec 2025 | under 3 | under 3 | 4 |
| Jan 2026 | under 3 | under 3 | 4 |
| Feb 2026 | under 3 | under 3 | 3 |
| Mar 2026 | under 3 | under 3 | 5 |
| Apr 2026 | under 3 | under 3 | 3 |
| May 2026 | under 3 | under 3 | 5 |
| Jun 2026 | under 3 | under 3 | 6 |
| Jul 2026 | under 3 | under 3 | 5 |
| Aug 2026 | under 3 | under 3 | 8 |
| Sep 2026 | under 3 | under 3 | 5 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2023 | 75 | AED 1,017 per sq ft |
| 2024 | 41 | AED 1,109 per sq ft |
| 2025 | 17 | AED 1,312 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
MYKA Residence is a project in the DLD area Me'Aisem First.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Me'Aisem First
- Reef 996 236 registered transactions and rent contracts in 12 months.
- OAKWOOD RESIDENCY 186 registered transactions and rent contracts in 12 months.
- LAKESIDE 184 registered transactions and rent contracts in 12 months.
- IVY AT PARK FIVE 179 registered transactions and rent contracts in 12 months.
- Ashwood Estates 160 registered transactions and rent contracts in 12 months.
- ELM AT PARK FIVE 137 registered transactions and rent contracts in 12 months.
Questions about MYKA Residence
- How many sales were registered in MYKA Residence?
- 13 sales were registered in MYKA Residence in Oct 2025 – Sep 2026.
- What is the median price per sq ft in MYKA Residence?
- The median price of registered sales in MYKA Residence was AED 1,255 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in MYKA Residence?
- The median annual rent of registered rent contracts in MYKA Residence was AED 55,000 in Oct 2025 – Sep 2026.
- Which DLD area is MYKA Residence in?
- MYKA Residence is registered in the Dubai Land Department area Me'Aisem First.
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