Costs · Mohammed Bin Rashid City

Maintenance Costs for Mohammed Bin Rashid City Landlords

What an owner in Mohammed Bin Rashid City should budget annually for upkeep.

Price per sqft

AED 2,200 per sqft

1-bed rent

AED 110,000/yr

Gross yield

6–7%

Short-let occupancy

71%

Annual budget

Set aside 1–1.5% of property value a year. For a AED 1,716,000 unit in Mohammed Bin Rashid City that is a realistic reserve for AC servicing, plumbing, white goods replacement and repainting between tenancies.

Short-let adds

Hosted units need deeper cleaning cycles, linen replacement roughly every 12–18 months and faster wear on soft furnishings — budget an extra 3–5% of revenue.

Mohammed Bin Rashid City at a glance

Mohammed Bin Rashid City is lagoon living beside Downtown with strong handover-to-resale appreciation. Buying sits at AED 2,200 per sqft — roughly AED 1,716,000 for a standard one-bedroom — while long-term tenants pay about AED 110,000 a year. Hosted as a licensed holiday home, the same unit averages AED 633 a night at 71% occupancy, around AED 164,042 gross. Owners on our managed programme average AED 226,378 — a 38% uplift.

Frequently asked questions

Who pays for maintenance in Dubai?

The landlord covers major maintenance; tenants cover minor repairs under AED 500 unless the contract says otherwise.

Is AC servicing included in service charges?

Chiller infrastructure is; in-unit AC servicing is the owner's responsibility.