Building · Majan
Properties for rent in OST Tower 11
Nothing for rent in OST Tower 11 with McCone right now. What Majan rents for, and what this building yields, below.
Every recorded sale in OST Tower 11 — prices, sizes and the year it was handed over →
The area, not the building
Recorded rents in Majan
The register does not name OST Tower 11 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from the DLD area Wadi Al Safa 3, which also covers Al Barari, Living Legends and Mohammed Bin Rashid City. The full Majan rental report →
| Layout | Median rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| Studio | 39,900 | 44,000 | 35,000 | 84 | 787 |
| 1 B/R | 60,000 | 65,000 | 52,500 | 71 | 1,608 |
| 2 B/R | 83,000 | 90,000 | 72,765 | 65 | 912 |
| 3 B/R | 150,000 | 150,000 | 150,000 | 77 | 176 |
| 4 B/R | 190,000 | 190,000 | 190,000 | 80 | 386 |
| 6 B/R | 277,125 | 280,000 | 275,000 | 34 | 26 |
| 5 B/R | 842,500 | 850,000 | 825,000 | 126 | 62 |
A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.
Rent against price
Gross yield in OST Tower 11
Majan's recorded rent per square foot a year over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 2 B/R | 65 | Majan · 912 | 1,237 | 5.2% |
| 1 B/R | 71 | Majan · 1,608 | 1,313 | 5.4% |
| Studio | 84 | Majan · 787 | 1,450 | 5.8% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.