PropertyIndex

The Old Town Island

439 units · 3 buildings
Ask ChatGPTAsk Claude

The Old Town Island is a community in Downtown Dubai, comprising 439 registered units. 798 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,563 per sqft. At AED 2,563 per sqft, The Old Town Island prices 14% below the Downtown Dubai median of AED 2,976 per sqft on registered sales.

PIX© price · ↓6.0% YoY
4.38MAED
Typical
2,563AED
PSF
Gross yield
4.4%
PIX© rent ÷ PIX© price
Sale records
798
DLD · all time
Rent contracts
2,330
Ejari · all time
Explore locations
3 inside The Old Town Island
Tajer Residences
498 sales · 1,559 rentals
Attareen Residences
199 sales · 511 rentals
Al Bahar Residences
101 sales · 260 rentals
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Building
Floor
Units on floor 4
…

1 Bed on Floor 4, Tajer Residences

Size
Record
Nov 2010 to Aug 2026
Owners
7
Tenants
7
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
7Tenant 715 Aug 2026
Renewal
Owner 7
7Tenant 715 Aug 202512 mo
Owner 7
7Owner 725 Apr 202518 mo
Current owner
Sold with tenant in place
6Tenant 610 Oct 202323 mo
Owner 6
6Owner 620 Jun 202322 mo
Sold with tenant in place
Mortgage
5Owner 519 Dec 202118 mo
Sold with tenant in place
5Tenant 513 Feb 20216 mo
Renewal
Owner 4
4Owner 418 Aug 202016 mo
Sold with tenant in place
5Tenant 513 Feb 20203.7 yrs
Owner 3
4Tenant 415 Jul 201812 mo
Owner 3
3Tenant 31 Jan 20162.5 yrs
Owner 3
2Tenant 21 Nov 201414 mo
Owner 3
3Owner 311 Mar 20146.4 yrs
Sold with tenant in place
1Tenant 113 Jan 201412 mo
Renewal
Owner 2
1Tenant 113 Jan 201312 mo
Owner 2
2Owner 221 Nov 20103.3 yrs
Owner 1 · Undisclosed—Acquisition date and price not on record
PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

1 Bed · Floor 4 · Tajer Residences
Occupancy (237 nights)
%
Fees (optional)
%
Management, cleaning, platform fees: a percent of revenue, or a yearly amount.
Enter a nightly rate to test your scenario against this unit’s record.
The Old Town Island

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
37 - 5,414 sqft
4394.38M2,563↓6.0%194K4.4%
Residential
1 Bed · Apartment
847 - 2,314 sqft
177
2 Bed · Apartment
1,331 - 3,909 sqft
202
3 Bed · Apartment
2,198 - 5,414 sqft
26
Commercial
Warehouse
37 - 128 sqft
34-----
Sales - Project-Wide798 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
22 Oct 20262 BedAttareen Residences · Floor 52,5914,600,0001,775+10.3%StandardStandard Sale
22 Sep 20262 BedTajer Residences · Floor 61,4293,750,0002,624+42.8%StandardStandard Sale
24 Aug 20261 BedAttareen Residences · Floor 49942,270,0002,284+13.5%StandardStandard Sale
Rentals - Project-Wide2,330 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Dec 20262 BedAttareen Residences · Floor 53,909250,00064-StandardCONTRACT
2 Nov 20261 BedTajer Residences · Floor 41,681119,67271-StandardCERTIFICATE
1 Nov 20261 BedTajer Residences · Floor 21,08295,00088-Entry LevelCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Downtown Dubai

The closest-priced registered projects in Downtown Dubai.

Common questions about The Old Town Island

Answered from Dubai Land Department registered transactions.

How much does a property in The Old Town Island cost?

Property in The Old Town Island sells at a current PIX© price of AED 2,563 per sqft, or about AED 4,384,573 for a typical unit, based on 798 sales registered with the Dubai Land Department.

What is the rental yield in The Old Town Island?

The Old Town Island yields 4.4% gross, calculated from current PIX© rent against current PIX© sale price, across 2,330 registered Ejari contracts.

How many units are in The Old Town Island?

The Old Town Island holds 439 registered units, per the Dubai Land Department unit register.

Have prices in The Old Town Island gone up or down?

Price per sqft has fallen -6.0% over the last 12 months, to AED 2,563, across 798 registered sales.