Underwrite before you commit
The figures in this post are checked against Dubai Land Department records and RERA filings. Get an independent underwriting score on any project, or ask Javier on WhatsApp.
Overview
Registered rent near Dubai Internet City metro station has a median of AED 70,000 a year against a Dubai median of AED 63,000. The premium for sitting next to one of the city's larger office clusters is real, but it is thinner than the address suggests. And the bottom quarter of units near this station rents for less than the Dubai median, not more.
That is the finding a buyer needs before paying an office-district price for an apartment. 9,066 registered Ejari contracts over the last 18 months sit behind it.
What 9,066 contracts mean for you
Of the 174,794 registered contracts behind the Dubai median, 9,066 were signed near this one station in 18 months. That is deep. Deep is what you want when you own one apartment and cannot spread a bad month across a portfolio.
Depth does two things for a single-unit buyer. It shortens the gap between one tenant leaving and the next one signing, because a steady flow of people are already looking in this catchment every week. And it makes your eventual sale easier, because the buyer after you can look at the same registered contracts and reach a conclusion in an afternoon rather than guessing.
The tenant base here is largely people working in and around the surrounding office towers. That is a durable reason to rent near this station rather than a fashion, and it is the sort of demand that keeps showing up in the Ejari record year after year.
The figures
| Metric | Value |
| --- | --- |
|---|
| Registered rent contracts, last 18 months | 9,066 |
| Median annual rent | AED 70,000 |
| Lower quartile annual rent | AED 57,000 |
| Upper quartile annual rent | AED 88,000 |
| Dubai median annual rent, same filter | AED 63,000 |
| Registered contracts behind the Dubai median | 174,794 |
Rent figures are registered Ejari contracts covering the last 18 months. They are signed agreements, not advertised prices.
Underwrite at AED 57,000, argue up from there
The most common mistake we see is a buyer taking the upper quartile and treating it as the expected rent. Do the opposite.
Start your arithmetic at AED 57,000. If the purchase still works at the lower quartile, after service charges, one month of void and a re-letting fee, you have a deal with room in it. If it only works at AED 88,000, you are not underwriting, you are hoping.
Then build back up with evidence. A larger layout, a higher floor, a building with a reputation for quick re-lets, a genuinely walkable route to the station rather than a fifteen minute trek across a car park. Each of those is a reason to move your assumption toward AED 88,000. An agent's confidence is not.
Rent is only the top line
AED 70,000 sounds like a return until you take out what sits between it and your bank account. Service charges are paid annually whether or not the unit is occupied. Agency commission comes off every new tenancy. A vacant month costs you a twelfth of the year. Chiller can be on the landlord in some buildings and on the tenant in others, and the difference is worth thousands.
None of that appears in an Ejari figure. All of it appears in your actual income.
The purchase price matters just as much. Two apartments in this catchment can both rent at AED 70,000 and produce very different returns, because one was bought well and the other was not. The rent tells you what the market pays. It cannot tell you whether the asking price in front of you is fair.
What this means for a buyer under AED 2.5M
Dubai Internet City is a solid rental catchment with thick, repeatable demand and a modest premium over the city median. It is not a place where the location alone carries a mediocre apartment.
If you are choosing between two units here, pay for size, layout and building quality rather than for the postcode. That is where the distance between AED 57,000 and AED 88,000 is decided.
Get the specific unit checked first
Oliva is a Dubai brokerage with no paid placements. We will underwrite one specific apartment for you free of charge, using the registered Ejari contracts for that building, the actual service charge, and a realistic void assumption. You get the arithmetic, not a pitch. Sometimes the verdict is that the unit is priced fairly and worth an offer. Sometimes the verdict is do not buy, and we tell you that just as clearly. Send us the listing.
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