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Dubai project data

THE 8: rents and rent contracts

ذا 8

Registered sales and rent contracts for the project THE 8 in Palm Jumeirah, from Dubai Land Department open data.

THE 8 (Palm Jumeirah): 71 registered rent contracts in the 12 months to September 2026, median annual rent AED 220,000. 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
25
−53.7% vs previous 12 months
Median price per sq ft
AED 3,985 per sq ft
+4.1% vs previous 12 months
Median sale price
AED 5.1m
Off-plan share of sales
under 3
Registered rent contracts
71
Median annual rent
AED 220,000
Gross rental yield
under 30 sales (13)
Mortgage registrations
7
Units in the register
305

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 THE 8

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready25AED 3,985 per sq ft2,953 – 4,234

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 THE 8

Registered rent contracts
71
Median annual rent
AED 220,000
Middle range of registered annual rents: AED 190,000 – AED 290,000
Median annual rent per sq ft
AED 165 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 THE 8

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroomunder 3under 3AED 155,000under 3 sales
2 bedrooms7AED 4,092 per sq ftAED 220,000under 30 sales (7)
3 bedrooms3AED 4,016 per sq ftAED 290,000under 30 sales (3)

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 THE 8

MonthSalesMedian per sq ftRent contracts
Nov 20247AED 3,328 per sq ft7
Dec 20245AED 3,554 per sq ft7
Feb 2025under 3under 35
Mar 20257AED 3,766 per sq ft4
Apr 20254AED 2,682 per sq ft8
May 20259AED 4,501 per sq ft7
Jun 202511AED 4,035 per sq ft8
Jul 2025under 3under 34
Aug 2025under 3under 37
Sep 20253AED 5,283 per sq ft10
Oct 20256AED 2,330 per sq ft3
Nov 2025under 3under 35
Dec 20253AED 2,781 per sq ft7
Jan 20264AED 4,092 per sq ft4
Feb 20267AED 4,016 per sq ft7
Mar 2026under 3under 37
Apr 2026under 3under 34
May 2026under 3under 37
Jun 2026under 3under 37
Jul 2026under 3under 38
Aug 2026under 3under 35
Sep 2026under 3under 37
Sales per calendar year
YearSalesMedian per sq ft
201523AED 2,699 per sq ft
201615AED 2,518 per sq ft
201731AED 2,323 per sq ft
201832AED 1,550 per sq ft
201944AED 1,304 per sq ft
202019AED 1,634 per sq ft
202138AED 1,901 per sq ft
2022157AED 2,617 per sq ft
202338AED 3,393 per sq ft
202426AED 3,518 per sq ft
202549AED 4,028 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

THE 8 is a project in the DLD area Palm Jumeirah.

Figures for Palm Jumeirah

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

More projects in Palm Jumeirah

Questions about THE 8

How many sales were registered in THE 8?
25 sales were registered in THE 8 in Oct 2025 – Sep 2026.
What is the median price per sq ft in THE 8?
The median price of registered sales in THE 8 was AED 3,985 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in THE 8?
The median annual rent of registered rent contracts in THE 8 was AED 220,000 in Oct 2025 – Sep 2026.
Which DLD area is THE 8 in?
THE 8 is registered in the Dubai Land Department area Palm Jumeirah.

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