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Dubai area data

Mohammed Bin Rashid Al Maktoum City: property prices and DLD transactions

Figures for the whole DLD area Al Merkadh, which includes Mohammed Bin Rashid Al Maktoum City. Al Merkadh: median AED 2,053 per sq ft from 2,713 registered sales in the 12 months to September 2026. Median annual rent AED 76,000, gross rental yield 6.53%.

Source: Dubai Land Department open data, as of 23 Oct 2026; calculated by Zolia.

Data to 23 Oct 2026

Figures by part

Figures for the whole DLD area Al Merkadh: the DLD area also includes places outside District One, so these are not figures of District One alone.

District One – whole DLD area Al Merkadh: Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
2,713
−28.2% vs previous 12 months
Median price per sq ft (excluding land plots)
AED 2,053 per sq ft
+0.1% vs previous 12 months · Median sale price AED 1.4m
Median annual rent
AED 76,000
12,230 registered rent contracts
Gross rental yield
6.53%

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price trend in District One – whole DLD area Al Merkadh

MonthSalesMedian per sq ftRent contracts
Oct 2024560AED 2,120 per sq ft1,240
Nov 2024328AED 1,941 per sq ft972
Dec 2024433AED 2,100 per sq ft691
Jan 2025243AED 1,967 per sq ft672
Feb 2025245AED 1,953 per sq ft779
Mar 2025261AED 1,987 per sq ft731
Apr 2025376AED 2,133 per sq ft701
May 2025326AED 2,068 per sq ft759
Jun 2025263AED 1,985 per sq ft679
Jul 2025271AED 2,081 per sq ft923
Aug 2025216AED 2,098 per sq ft1,189
Sep 2025256AED 2,070 per sq ft1,499
Oct 2025287AED 2,065 per sq ft1,553
Nov 2025249AED 2,070 per sq ft1,190
Dec 2025255AED 2,119 per sq ft892
Jan 2026227AED 2,077 per sq ft862
Feb 2026281AED 2,093 per sq ft851
Mar 2026162AED 2,053 per sq ft609
Apr 2026153AED 2,068 per sq ft523
May 2026243AED 2,030 per sq ft719
Jun 2026194AED 2,026 per sq ft808
Jul 2026281AED 2,069 per sq ft1,155
Aug 2026175AED 1,922 per sq ft1,334
Sep 2026206AED 1,965 per sq ft1,734

Sales per calendar year

YearSalesMedian per sq ft
2006under 3
2007under 3
2008under 3
2009under 3
2010under 3
2011under 3
2012under 3
2013under 3
2014under 3
2015406AED 1,434 per sq ft
201695AED 1,470 per sq ft
2017484AED 1,458 per sq ft
20181,722AED 1,477 per sq ft
20191,489AED 1,492 per sq ft
20201,722AED 1,575 per sq ft
20212,548AED 1,620 per sq ft
20225,677AED 1,700 per sq ft
20238,949AED 1,850 per sq ft
20247,230AED 1,879 per sq ft
20253,248AED 2,054 per sq ft

How the yearly figures are checked

Figures based on fewer than 3 records are not shown.

Off-plan and ready sales in District One – whole DLD area Al Merkadh

Off-plan share of sales: 23%

StatusSalesMedian per sq ftMiddle range per sq ft
Off-plan632AED 2,116 per sq ftAED 1,978 – 2,354
Ready2,081AED 2,023 per sq ftAED 1,836 – 2,226

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

Rents and rental yield in District One – whole DLD area Al Merkadh

Registered rent contracts
12,230
Median annual rent
AED 76,000
Middle range of registered annual rents: AED 54,853 – AED 105,000
Median annual rent per sq ft
AED 132 per sq ft
Gross rental yield
6.53%

New contracts and renewals

RegistrationRent contractsMedian annual rentMedian rent per sq ft
New contracts8,913AED 77,000AED 132 per sq ft
Renewals3,317AED 75,000AED 132 per sq ft

Registered rent contracts by registration type: new contracts and renewals of existing contracts.

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Price per sq ft and rents by unit type in District One – whole DLD area Al Merkadh

Unit typeSalesMedian priceMedian per sq ftRent contractsMedian annual rentMedian rent per sq ftGross yield (ready units)
Studio792AED 725,000AED 2,051 per sq ft4,434AED 50,000AED 139 per sq ft7.00%
1 bedroom1,032AED 1.4mAED 2,066 per sq ft5,009AED 83,000AED 131 per sq ft6.38%
2 bedrooms573AED 2.5mAED 2,026 per sq ft1,977AED 132,000AED 122 per sq ft6.09%
3 bedrooms158AED 3.4mAED 2,047 per sq ft469AED 180,000AED 118 per sq ft5.81%
4 bedrooms36AED 4.7mAED 1,997 per sq ft214AED 620,000AED 120 per sq ftunder 30 sales (25)
5 bedrooms or moreunder 3under 3under 3124AED 1.3mAED 137 per sq ftunder 3 sales

Without a bedroom count in the DLD data: 122 sales and 3 rent contracts (villas, whole buildings, land, offices and shops). They count in all figures above and in the table by property type.

Gross yield by unit type: median annual rent per sq ft divided by the median price per sq ft of ready properties. The price columns also include off-plan sales, so dividing them by the rent gives a different number.

Figures based on fewer than 3 records are not shown. Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

Sales and rents by property type in District One – whole DLD area Al Merkadh

Property typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Apartments2,591AED 1.4mAED 2,050 per sq ft11,954AED 75,000
Villas and townhouses28AED 20.5mAED 2,625 per sq ft276AED 900,000
Whole buildings5AED 19.9mAED 600 per sq ftresidential rents only
Land plots78AED 16mAED 2,385 per sq ftresidential rents only
Offices, shops and hotel units11AED 1.7mAED 3,084 per sq ftresidential rents only
Other property typesunder 3 salesresidential rents only

Land plots have their own price per sq ft in this table; the other prices per sq ft on this page exclude them.

Property types as registered in the Dubai Land Department data. Rents are counted for residential use only, so whole buildings, land plots and commercial units have no rent figures here. Figures based on fewer than 3 records are not shown.

Sales and rents by time range and property type in District One – whole DLD area Al Merkadh

Time rangeProperty typeSalesMedian priceMedian per sq ftRent contractsMedian annual rent
Last 3 monthsAll property types662AED 1.5mAED 1,987 per sq ft4,223AED 72,500
Last 3 monthsApartments636AED 1.4mAED 1,987 per sq ft4,132AED 71,234
Last 3 monthsVillas and townhouses4AED 16.8mAED 2,356 per sq ft91AED 800,000
Last 6 monthsAll property types1,252AED 1.5mAED 2,007 per sq ft6,273AED 73,421
Last 6 monthsApartments1,202AED 1.5mAED 2,003 per sq ft6,123AED 72,000
Last 6 monthsVillas and townhouses9AED 20mAED 2,384 per sq ft150AED 820,000
Last 12 monthsApartments2,591AED 1.4mAED 2,050 per sq ft11,954AED 75,000
Last 12 monthsVillas and townhouses28AED 20.5mAED 2,625 per sq ft276AED 900,000

The time ranges are the last 3, 6 and 12 full months of the current period. Apartments are registered flats (rents: flats and studios), villas include townhouses. A figure is shown only above the minimum number of records; not a valuation.

Mortgage registrations in District One – whole DLD area Al Merkadh

Mortgage registrations
1,395

Registered mortgage transactions only, without interest rates and without lenders.

District 11: no figures, because the DLD area Wadi Al Safa 3 also includes other places. Figures for the DLD area Wadi Al Safa 3: Majan

District 7: no figures, because the DLD area Hadaeq Sheikh Mohammed Bin Rashid also includes other places. Figures for the DLD area Hadaeq Sheikh Mohammed Bin Rashid: Dubai Hills Estate

Nearby areas

Around Mohammed Bin Rashid Al Maktoum City

Official open data for this area (population, service charges, valuations, schools, buildings and leases), each with its source and date; figures below the minimum count are not shown.

DLD area Al Merkadh

Population (estimate, latest year)

Latest figure from the source: 2025

Total
33,933

Data as of 22 Oct 2026 · Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Service charges (median rate per sq ft, latest budget year)

Latest figure from the source: 2026

Total
23.62 AED/sq ft
Residential25.46 AED/sq ft
Retail25.12 AED/sq ft
Mixed0.73 AED/sq ft
Offices0.73 AED/sq ft
Stores11.01 AED/sq ft

Data as of 22 Sep 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Valuations (median value per area unit, 12 months)

Oct 2025 – Oct 2026

Total
AED 1,892 per sq ft
UnitAED 1,968 per sq ft
LandAED 1,500 per sq ft

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Buildings by status (municipality register)

Total
4,011
Permit Delivered2,005
New1,895
Expired57
Building Cancelled50
Approved4

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Building height (median, municipality register)

Total
11.1 m

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Floors per building (median, land register)

Total
2

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Parking spaces per building (median, land register)

Total
3

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Construction projects by status

Total
1,892
Closed971
Open921

Data as of 25 Oct 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Land parcels by land type (register)

Total
1,931
Residential657
Commercial622
Open Space196
Public Facilities125
Utility115
Public Facility17
Water Body5

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

DLD area Wadi Al Safa 3

Population (estimate, latest year)

Latest figure from the source: 2025

Total
17,096

Data as of 22 Oct 2026 · Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Service charges (median rate per sq ft, latest budget year)

Latest figure from the source: 2026

Total
12.65 AED/sq ft
Residential16.25 AED/sq ft
Offices2 AED/sq ft
Retail15.69 AED/sq ft
Hospitality0.42 AED/sq ft
Mixed0.42 AED/sq ft

Data as of 22 Sep 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Valuations (median value per area unit, 12 months)

Oct 2025 – Oct 2026

Total
AED 1,000 per sq ft
LandAED 1,000 per sq ft
UnitAED 905 per sq ft
BuildingAED 1,065 per sq ft

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Buildings by status (municipality register)

Total
9,402
New4,961
Permit Delivered4,356
Building Cancelled58
Expired27

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Building height (median, municipality register)

Total
11.2 m

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Floors per building (median, land register)

Total
2

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Parking spaces per building (median, land register)

Total
2

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Construction projects by status

Total
963
Closed539
Open424

Data as of 25 Oct 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Land parcels by land type (register)

Total
3,130
Commercial1,297
Residential413
Public Facilities253
Open Space43
Utility31
Public Facility12
Facilities5
Recreational4

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

DLD area Hadaeq Sheikh Mohammed Bin Rashid

Population (estimate, latest year)

Latest figure from the source: 2025

Total
27,971

Data as of 22 Oct 2026 · Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Service charges (median rate per sq ft, latest budget year)

Latest figure from the source: 2026

Total
12.98 AED/sq ft
Residential4.23 AED/sq ft
Retail16.75 AED/sq ft

Data as of 22 Sep 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Valuations (median value per area unit, 12 months)

Oct 2025 – Oct 2026

Total
AED 1,100 per sq ft
LandAED 850 per sq ft
UnitAED 2,157 per sq ft
BuildingAED 2,044 per sq ft

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Buildings by status (municipality register)

Total
12,235
New8,010
Permit Delivered4,149
Building Cancelled56
Expired16
Approved4

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Building height (median, municipality register)

Total
8.22 m

Data as of 28 Sep 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Floors per building (median, land register)

Total
2

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Parking spaces per building (median, land register)

Total
2

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Construction projects by status

Total
1,818
Closed994
Open824

Data as of 25 Oct 2026 · Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

Land parcels by land type (register)

Total
4,007
Commercial2,179
Residential1,767
Public Facilities19
Utility12
Government Authorities6

Data as of 23 Oct 2026 · Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae

Mohammed Bin Rashid Al Maktoum City: names and DLD area

مدينة محمد بن راشد آل مكتوم

DLD name Al Merkadh / المركاض · Wadi Al Safa 3 / وادي الصفا 3 · Hadaeq Sheikh Mohammed Bin Rashid / حدائق الشيخ محمد بن راشد

Also known as: District One, District 1, District 11, District 7, Disrict 7

Registered sales, rents and prices for Mohammed Bin Rashid Al Maktoum City from Dubai Land Department open data, where the area is registered as Al Merkadh, Wadi Al Safa 3, Hadaeq Sheikh Mohammed Bin Rashid.

All area names and DLD names

Market reports

Questions about Mohammed Bin Rashid Al Maktoum City

What is the median price per sq ft in Mohammed Bin Rashid Al Maktoum City?
The median price of registered sales in Mohammed Bin Rashid Al Maktoum City was AED 2,053 per sq ft in Oct 2025 – Sep 2026.
What is the gross rental yield in Mohammed Bin Rashid Al Maktoum City?
The gross rental yield of ready properties in Mohammed Bin Rashid Al Maktoum City was 6.53% in Oct 2025 – Sep 2026, before costs and vacancy.
How many sales were registered in Mohammed Bin Rashid Al Maktoum City?
2,713 sales were registered in Mohammed Bin Rashid Al Maktoum City in Oct 2025 – Sep 2026.
What share of sales in Mohammed Bin Rashid Al Maktoum City was off-plan?
23% of the registered sales in Mohammed Bin Rashid Al Maktoum City in Oct 2025 – Sep 2026 were off-plan.
What is the median rent for a 1 bedroom in Mohammed Bin Rashid Al Maktoum City?
The median annual rent of registered 1 bedroom contracts in Mohammed Bin Rashid Al Maktoum City was AED 83,000 in Oct 2025 – Sep 2026.
What is Mohammed Bin Rashid Al Maktoum City called in the Dubai Land Department data?
The Dubai Land Department registers Mohammed Bin Rashid Al Maktoum City as Al Merkadh (المركاض), Wadi Al Safa 3 (وادي الصفا 3), Hadaeq Sheikh Mohammed Bin Rashid (حدائق الشيخ محمد بن راشد).

Method and source

All Dubai areasAll area names and DLD namesHow these figures are calculated

Figures based on fewer than 3 records are not shown.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Data and Statistics Establishment (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai
  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae
  • Source: Dubai Municipality (Open Data via data.dubai), https://data.dubai/, under the Dubai Open Data Licence data.dubai

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