What is 当前收益率?
房产当前年度收入（租金）占其当前市场价格的百分比，反映在当前价格下持有房产的即时回报率，不考虑资本增值因素。
Description
Current yield is the annual income from a property (or property-backed security) expressed as a percentage of its current market value. Unlike yield on cost (which uses the original purchase price), current yield reflects today's income return based on today's market value. As property values rise, current yield falls even if income stays constant.
A Dubai Marina apartment generates AED 95,000 annual net rent. Original purchase: AED 1,200,000 (yield on cost: 7.9%). Current market value: AED 1,600,000. Current yield: 95,000 / 1,600,000 = 5.9%. The income hasn't changed, but appreciation has compressed the current yield.
Current yield: income / current market value (what a new buyer would earn today)
Yield on cost: income / original purchase price (what the existing owner earns on their investment)
Current yields across Dubai typically range from 4-5% in prime areas (Downtown, Palm Jumeirah) to 7-9% in affordable communities (International City, Discoparticularly Gardens). Tracking current yield helps investors assess whether a property's income justifies its current market price and compare it with alternative investments.
公式
Current Yield = Annual Net Income / Current Market Value × 100Oliva 如何运用
Oliva displays both current yield and yield on cost for eparticularly property, helping investors distinguish between income return and total return performance.
How to interpret
Current yield tells you what a property earns relative to what it costs to buy today. It is the most honest measure of income return for a new buyer because it uses today's market price rather than a historical cost that may no longer be relevant. When current yields fall below the lower-risk rate available on deposit or bonds, the income case for ownership weakens and capital growth assumptions must carry more of the expected return.
Tracking current yield over time reveals how a market is pricing income. Rising current yields signal that income is growing faster than prices, typically in falling or stagnant price environments. Falling current yields signal that prices are outrunning income, often a sign of capital-driven demand. Use this trend as a valuation compass rather than assuming a static relationship between prices and rents.
迪拜市场背景
Current yields across Dubai vary substantially by location and asset class. Prime areas such as Downtown Dubai, Palm Jumeirah, and Dubai Marina typically yield 4 to 5 percent because capital appreciation expectations sustain high prices relative to rents. Affordable communities such as International City, Discoparticularly Gardens, and Deira yield 7 to 9 percent, reflecting lower price appreciation expectations but stronger income return.
Dubai's current yields have compressed in many communities since 2021 as property prices appreciated faster than rents. A property that yielded 7 percent in 2020 may now yield 5 percent at current market prices despite higher absolute rents, purely because the denominator grew faster than the numerator. Investors comparing opportunities across communities should use current yield as a standardized income benchmark to identify where income return remains attractive relative to price.
Frequently asked questions
The annual income generated by a property expressed as a percentage of its current market value, measuring the real-time income return.
The standard formula is: Current Yield = Annual Net Income / Current Market Value × 100. Applying it consistently lets you compare projects on a like-for-like basis, which is the point of the metric.
Current yield tells you what a property earns relative to what it costs to buy today. It is the most honest measure of income return for a new buyer because it uses today's market price rather than a historical cost that may no longer be relevant.
Current yields across Dubai vary substantially by location and asset class. Prime areas such as Downtown Dubai, Palm Jumeirah, and Dubai Marina typically yield 4 to 5 percent because capital appreciation expectations sustain high prices relative to rents.
Oliva displays both current yield and yield on cost for eparticularly property, helping investors distinguish between income return and total return performance.
Current yield: income / current market value (what a new buyer would earn today) Yield on cost: income / original purchase price (what the existing owner earns on their investment) Current yields across Dubai typically range from 4-5% in prime areas (Downtown, Palm Jumeirah) to 7-9% in affordable communities (International City, Discoparticularly Gardens). Tracking current yield helps investors assess whether a property's income justifies its current market price and compare it with alternative investments.
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This content is for educational purposes only and does not constitute investment, financial, legal, or tax advice. Yields, returns, and market data referenced are historical or estimated and are not guaranteed. Capital is at risk. Seek independent professional advice before making investment decisions. Oliva is a licensed Dubai real estate advisor (DLD Broker Card: 92025, RERA BRN: 1573501). Read our Key Risks Disclosure and Disclaimer.