Costs · Mohammed Bin Rashid City

DEWA, Chiller & Utilities in Mohammed Bin Rashid City

Setting up and budgeting utilities for a Mohammed Bin Rashid City property.

Price per sqft

AED 2,200 per sqft

1-bed rent

AED 110,000/yr

Gross yield

6–7%

Short-let occupancy

71%

Monthly bills

A one-bed in Mohammed Bin Rashid City typically runs AED 350–700 on DEWA plus AED 200–500 chiller in summer. Chiller-free towers roll cooling into the service charge, which usually suits tenants and simplifies short-let pricing.

Setting up

DEWA activation takes a day online with Ejari and Emirates ID, with a deposit of AED 2,000 for apartments and AED 4,000 for villas.

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

What does chiller-free mean?

Cooling is included in the service charge, so the occupant pays no separate chiller bill.

How much is DEWA in Mohammed Bin Rashid City?

Roughly AED 350–700 a month for a one-bedroom, more in peak summer.