# MJL Rahaal

Meraas · Rahaal · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 2 100 000 | Our calculation |
| Units | 248 | Developer supplied |
| Declared handover | Q4 2022 | Developer supplied |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| 1-bedroom apartments | 1 |  | 802–1 317 |  |
| 2-bedroom apartments | 2 |  | 1 156–2 500 |  |
| 3-bedroom apartments | 3 |  | 1 932–3 209 |  |
| 4-bedroom apartments | 4 |  | 2 785–3 448 |  |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 2116 | DLD registry |
| Construction | 100% | DLD registry |
| DLD inspection date | 2022-02-01 | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | Emirates NBD | DLD registry |

### DLD inspection history

| Date | Completion |
|---|---|
| 2019-07-11 | 0.4% |
| 2020-02-26 | 11.12% |
| 2020-06-16 | 22.12% |
| 2020-12-20 | 52.44% |
| 2021-06-28 | 86.09% |
| 2022-02-01 | 100% |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2019–2026 | 600 | DLD registry |
| Median price per m², 2019–2026 | AED 18 418 | Our calculation |
| Resale share | 38% | Our calculation |
| Sales in the last 12 months | 18 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | -4% | Our calculation |
| Gross rental yield | 5.4% | Our calculation |

### Medians by bedrooms, all sales 2019–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| 1 bedroom | 336 | 1 389 000 | 76 | 18 276 |
| 2 bedrooms | 179 | 2 586 000 | 138 | 18 739 |
| 3 bedrooms | 55 | 3 485 000 | 186 | 18 737 |
| 4 bedrooms | 30 | 5 002 000 | 274 | 18 255 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 600, from 2019-04-22 to 2026-09-02. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 18 | 3 125 000 | 29 158 | 2 709 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2019 | 166 | 1 443 000 | 17 666 | 1 641 | 0% |
| 2020 | 133 | 1 390 000 | 17 359 | 1 613 | 0% |
| 2021 | 67 | 1 600 000 | 17 501 | 1 626 | 0% |
| 2022 | 101 | 2 340 000 | 24 555 | 2 281 | 92% |
| 2023 | 61 | 2 278 000 | 28 452 | 2 643 | 100% |
| 2024 | 26 | 2 550 000 | 31 868 | 2 961 | 100% |
| 2025 | 35 | 2 350 000 | 30 221 | 2 808 | 100% |
| 2026 | 11 | 4 000 000 | 29 158 | 2 709 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2019-Q2 | 10 | 2 509 000 | 17 909 | 1 664 | 0% |
| 2019-Q3 | 56 | 1 383 000 | 17 451 | 1 621 | 0% |
| 2019-Q4 | 100 | 1 470 000 | 17 666 | 1 641 | 0% |
| 2020-Q1 | 47 | 1 396 000 | 16 871 | 1 567 | 0% |
| 2020-Q2 | 85 | 1 389 000 | 17 458 | 1 622 | 0% |
| 2020-Q3 | 1 | — | — | — | — |
| 2021-Q1 | 10 | 2 160 000 | 17 199 | 1 598 | 0% |
| 2021-Q2 | 9 | 1 600 000 | 17 431 | 1 619 | 0% |
| 2021-Q3 | 31 | 2 268 000 | 17 389 | 1 615 | 0% |
| 2021-Q4 | 17 | 1 444 000 | 17 709 | 1 645 | 0% |
| 2022-Q1 | 11 | 3 100 000 | 20 650 | 1 918 | 36% |
| 2022-Q2 | 39 | 1 950 000 | 23 025 | 2 139 | 97% |
| 2022-Q3 | 21 | 3 500 000 | 25 598 | 2 378 | 100% |
| 2022-Q4 | 30 | 2 300 000 | 26 195 | 2 434 | 100% |
| 2023-Q1 | 20 | 2 150 000 | 27 685 | 2 572 | 100% |
| 2023-Q2 | 16 | 2 250 000 | 28 190 | 2 619 | 100% |
| 2023-Q3 | 10 | 2 559 000 | 31 486 | 2 925 | 100% |
| 2023-Q4 | 15 | 2 340 000 | 29 674 | 2 757 | 100% |
| 2024-Q1 | 12 | 2 550 000 | 32 835 | 3 050 | 100% |
| 2024-Q2 | 8 | 4 358 000 | 34 962 | 3 248 | 100% |
| 2024-Q3 | 3 | 2 999 000 | 27 506 | 2 555 | 100% |
| 2024-Q4 | 3 | 4 400 000 | 31 868 | 2 961 | 100% |
| 2025-Q1 | 11 | 2 595 000 | 30 221 | 2 808 | 100% |
| 2025-Q2 | 12 | 2 400 000 | 30 968 | 2 877 | 100% |
| 2025-Q3 | 5 | 2 300 000 | 30 253 | 2 811 | 100% |
| 2025-Q4 | 7 | 2 550 000 | 29 108 | 2 704 | 100% |
| 2026-Q1 | 9 | 4 250 000 | 29 158 | 2 709 | 100% |
| 2026-Q3 | 2 | — | — | — | — |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-09-02 | 2 BR | 126.8 | 4 000 000 | 31 558 | resale |
| 2026-07-28 | 1 BR | 74.8 | 44 561 | 596 | resale |
| 2026-07-06 | 1 BR | 77.1 | 1 750 000 | 22 698 | resale |
| 2026-03-25 | 1 BR | 72.9 | 2 125 000 | 29 158 | resale |
| 2026-03-09 | 1 BR | 78.4 | 2 100 000 | 26 799 | resale |
| 2026-02-25 | 3 BR | 183.9 | 6 150 000 | 33 437 | resale |
| 2026-02-18 | 4 BR | 261.6 | 9 100 000 | 34 783 | resale |
| 2026-02-18 | 1 BR | 75.4 | 2 150 000 | 28 507 | resale |
| 2026-02-17 | 2 BR | 149.5 | 4 250 000 | 28 432 | resale |
| 2026-02-11 | 4 BR | 304.4 | 12 748 500 | 41 885 | resale |
| 2026-01-21 | 2 BR | 137.7 | 4 600 000 | 33 413 | resale |
| 2026-01-19 | 1 BR | 75.1 | 2 150 000 | 28 621 | resale |
| 2026-01-06 | 1 BR | 74.8 | 34 318 | 459 | resale |
| 2025-12-18 | 3 BR | 199.9 | 9 600 000 | 48 022 | resale |
| 2025-11-19 | 1 BR | 77.9 | 2 225 000 | 28 548 | resale |
| 2025-11-14 | 2 BR | 107.4 | 3 125 000 | 29 108 | resale |
| 2025-11-05 | 2 BR | 124.8 | 4 000 000 | 32 049 | resale |
| 2025-10-28 | 1 BR | 75.6 | 2 130 000 | 28 186 | resale |
| 2025-10-24 | 1 BR | 77.7 | 2 550 000 | 32 819 | resale |
| 2025-10-22 | 1 BR | 77.5 | 2 100 000 | 27 097 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 694, from 2022-04-01 to 2026-10-16. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 166 | 130 000 | 1 589 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2022 | 94 | 125 000 | 1 382 |
| 2023 | 146 | 150 000 | 1 642 |
| 2024 | 156 | 150 000 | 1 645 |
| 2025 | 176 | 140 000 | 1 680 |
| 2026 | 122 | 125 000 | 1 533 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2022-Q2 | 14 | 200 000 | 1 460 |
| 2022-Q3 | 41 | 95 000 | 1 248 |
| 2022-Q4 | 39 | 130 000 | 1 533 |
| 2023-Q1 | 21 | 150 000 | 1 667 |
| 2023-Q2 | 22 | 190 000 | 1 716 |
| 2023-Q3 | 49 | 150 000 | 1 449 |
| 2023-Q4 | 54 | 140 000 | 1 711 |
| 2024-Q1 | 21 | 180 000 | 1 791 |
| 2024-Q2 | 22 | 150 000 | 1 717 |
| 2024-Q3 | 51 | 150 000 | 1 594 |
| 2024-Q4 | 62 | 140 000 | 1 644 |
| 2025-Q1 | 29 | 150 000 | 1 667 |
| 2025-Q2 | 33 | 140 000 | 1 712 |
| 2025-Q3 | 53 | 150 000 | 1 587 |
| 2025-Q4 | 61 | 140 000 | 1 689 |
| 2026-Q1 | 28 | 145 000 | 1 802 |
| 2026-Q2 | 28 | 128 000 | 1 606 |
| 2026-Q3 | 54 | 118 723 | 1 437 |
| 2026-Q4 | 12 | 115 000 | 1 477 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-10-16 | 1 BR | 77.2 | 97 000 | 1 256 |
| 2026-10-13 | 1 BR | 74.5 | 110 000 | 1 477 |
| 2026-10-13 | 1 BR | 72.9 | 118 000 | 1 620 |
| 2026-10-09 | 1 BR | 78.1 | 100 000 | 1 281 |
| 2026-10-05 | 2 BR | 137.8 | 210 000 | 1 524 |
| 2026-10-05 | 1 BR | 75.6 | 131 519 | 1 740 |
| 2026-10-05 | 1 BR | 74.9 | 150 000 | 2 002 |
| 2026-10-03 | 1 BR | 77.9 | 115 000 | 1 477 |
| 2026-10-01 | 1 BR | 74.8 | 105 000 | 1 404 |
| 2026-10-01 | 3 BR | 185.2 | 245 000 | 1 323 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/mjl-rahaal-rahaal/
- The same record as JSON: https://continentalclub.ae/project/mjl-rahaal-rahaal.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/mjl-rahaal-rahaal-ru/

Record updated: 2026-10-17

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How to cite: "MJL Rahaal — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/mjl-rahaal-rahaal/"