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KENSINGTON WATERS B

Apartment 3 BR Sobha Realty

ABOVE MARKET

Total Price

3,850,000

Rate

2,396 AED/sqft

Size

1,607 sqft

Comparable sales

View area trends

Rental context

Comparable 3-bedroom apartments in Meydan rent for a median of 147,500/yr across 20 Ejari contracts in the last two years.

Median annual rent
147,500
Sale price (this txn)
3,850,000
Implied gross yield
3.8%

Yield = median annual rent ÷ this transaction's sale price. Rent and sale data are independent — rent is from the Ejari rental-contracts feed, price is from this DLD transaction. Implied yield is gross (no service charges, agency fees, or vacancy).

Verdict logic

This transaction cleared at 2,396 AED/sqft, above market compared with the median of comparable apartment sales in Meydan.

  • Comparable median: 2,086 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: +14.9%.
  • Gifts and mortgages excluded.
highSale

Location context

Meydan · Sobha Realty

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

Open KENSINGTON WATERS B on DXB Interact

DXB Interact's building page lists every registered sale — filter by date or price to find this one. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
KENSINGTON WATERS B, Meydan
in SOBHA HARTLAND · project: KENSINGTON WATERS
Sale date
07 May 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-15509
DLD AED/sqm
25,784(our derived AED/sqft: 2,396)
▸ Raw DLD record
transaction_id
dld-1-11-2026-15509
instance_date
2026-05-07
area_name_en
Meydan
master_project_en
SOBHA HARTLAND
project_name_en
KENSINGTON WATERS
building_name_en
KENSINGTON WATERS B
property_type_en
Apartment
rooms
3 BR
size_sqft
1,607
actual_worth
AED 3,850,000
meter_sale_price
25,784 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Downtown Dubai
nearest_metro_en
Buj Khalifa Dubai Mall Metro Station
nearest_mall_en
Dubai Mall
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — use the DXB Interact lookup to cross-check; the building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗