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Dubai project data

THE SPIRIT: rents and rent contracts

سبريت

Registered sales and rent contracts for the project THE SPIRIT in Dubai Sports City, from Dubai Land Department open data.

THE SPIRIT (Dubai Sports City): 260 registered rent contracts in the 12 months to September 2026, median annual rent AED 42,000. 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
21
−32.3% vs previous 12 months
Median price per sq ft
AED 1,034 per sq ft
−23.6% vs previous 12 months
Median sale price
AED 550,000
Off-plan share of sales
under 3
Registered rent contracts
260
Median annual rent
AED 42,000
Gross rental yield
under 30 sales (21)
Mortgage registrations
4
Units in the register
386

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 SPIRIT

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready21AED 1,034 per sq ft909 – 1,164

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 SPIRIT

Registered rent contracts
260
Median annual rent
AED 42,000
Middle range of registered annual rents: AED 37,000 – AED 50,000
Median annual rent per sq ft
AED 102 per sq ft
Gross rental yield
under 30 sales (21)

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: 21 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 SPIRIT

Unit typeSalesMedian per sq ftMedian annual rentGross yield
Studio17AED 1,034 per sq ftAED 41,000under 30 sales (17)
1 bedroom4AED 900 per sq ftAED 62,000under 30 sales (4)

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 SPIRIT

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 332
Nov 2024under 3under 334
Dec 20245AED 1,611 per sq ft23
Jan 2025under 3under 319
Feb 2025under 3under 329
Mar 2025under 3under 321
Apr 20254AED 1,344 per sq ft18
May 20253AED 1,063 per sq ft34
Jun 20253AED 979 per sq ft27
Jul 20253AED 1,299 per sq ft15
Aug 2025under 3under 345
Sep 20254AED 1,151 per sq ft33
Oct 2025under 3under 331
Nov 2025under 3under 334
Dec 2025under 3under 322
Jan 2026under 3under 318
Feb 20265AED 1,068 per sq ft32
Mar 2026under 3under 314
Apr 20263AED 984 per sq ft13
May 2026under 3under 321
Jun 2026under 3under 317
Jul 2026under 3under 312
Aug 2026under 3under 327
Sep 20263AED 1,088 per sq ft19
Sales per calendar year
YearSalesMedian per sq ft
2014105AED 2,243 per sq ft
201574AED 2,297 per sq ft
201623AED 1,203 per sq ft
201711AED 1,263 per sq ft
201814AED 1,208 per sq ft
20196AED 632 per sq ft
20204AED 581 per sq ft
202112AED 962 per sq ft
202235AED 1,526 per sq ft
202328AED 766 per sq ft
202424AED 1,349 per sq ft
202525AED 1,299 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 SPIRIT is a project in the DLD area Al Hebiah Fourth.

Figures for Dubai Sports City

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

More projects in Dubai Sports City

Questions about THE SPIRIT

How many sales were registered in THE SPIRIT?
21 sales were registered in THE SPIRIT in Oct 2025 – Sep 2026.
What is the median price per sq ft in THE SPIRIT?
The median price of registered sales in THE SPIRIT was AED 1,034 per sq ft in Oct 2025 – Sep 2026.
What is the median annual rent in THE SPIRIT?
The median annual rent of registered rent contracts in THE SPIRIT was AED 42,000 in Oct 2025 – Sep 2026.
Which DLD area is THE SPIRIT in?
THE SPIRIT is registered in the Dubai Land Department area Al Hebiah Fourth (Dubai Sports City).

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