Dubai project data
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16: rents and rent contracts
مدينة محمد بن راشد ال مكتوم - ديستركت ون ، المرحلة الثالثة ، ريسيدنز 16
Registered sales and rent contracts for the project Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 in Al Merkadh, from Dubai Land Department open data.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 (Al Merkadh): 40 registered rent contracts in the 12 months to September 2026, median annual rent AED 95,000. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.
Key figures, last 12 months
Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026
- Median sale price
- AED 2m
- Off-plan share of sales
- under 3
- Median annual rent
- AED 95,000
- Gross rental yield
- under 30 sales (5)
- Mortgage registrations
- under 3
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“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.
Off-plan and ready sales in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | 5 | AED 1,912 per sq ft | 1,844 – 2,187 |
Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.
“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.
Rents and rental yield in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
- Median annual rent per sq ft
- AED 120 per sq ft
- Gross rental yield
- under 30 sales (5)
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
Too few ready apartment sales for a gross rental yield: 5 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.
“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.
Price per sq ft and rents by unit type in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | under 3 | under 3 | AED 95,000 | under 3 sales |
| 3 bedrooms | 3 | AED 1,844 per sq ft | under 3 rent contracts | under 30 sales (3) |
Indicative figures from registered transactions and rent contracts, not a valuation of any unit.
“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.
Price trend in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 4 |
| Nov 2024 | under 3 | under 3 | 6 |
| Dec 2024 | under 3 | under 3 | 5 |
| Jan 2025 | under 3 | under 3 | 3 |
| Feb 2025 | under 3 | under 3 | 4 |
| Mar 2025 | under 3 | under 3 | 4 |
| Apr 2025 | under 3 | under 3 | 3 |
| May 2025 | under 3 | under 3 | 3 |
| Jul 2025 | under 3 | under 3 | 3 |
| Sep 2025 | under 3 | under 3 | 5 |
| Nov 2025 | under 3 | under 3 | 5 |
| Dec 2025 | under 3 | under 3 | 6 |
| Feb 2026 | under 3 | under 3 | 4 |
| Mar 2026 | under 3 | under 3 | 3 |
| May 2026 | under 3 | under 3 | 5 |
| Jul 2026 | under 3 | under 3 | 5 |
| Aug 2026 | under 3 | under 3 | 3 |
| Sep 2026 | under 3 | under 3 | 3 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2018 | 37 | AED 1,638 per sq ft |
| 2019 | 29 | AED 1,625 per sq ft |
| 2020 | 26 | AED 1,635 per sq ft |
| 2021 | 17 | AED 1,450 per sq ft |
| 2022 | 9 | AED 1,881 per sq ft |
| 2023 | 27 | AED 2,087 per sq ft |
| 2024 | 16 | AED 2,120 per sq ft |
| 2025 | 4 | AED 1,676 per sq ft |
“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.
Location
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 is a project in the DLD area Al Merkadh.
Names as in the registered transactions and rent contracts; company names are not shown.
More projects in Al Merkadh
- The Terraces 110 registered transactions and rent contracts in 12 months.
- BERKELEY PLACE 75 registered transactions and rent contracts in 12 months.
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 67 registered transactions and rent contracts in 12 months.
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 14 63 registered transactions and rent contracts in 12 months.
- MOHAMMED BIN RASHID AL MAKTOUM CITY-DISTRICT ONE PHASE II VILLAS 59 registered transactions and rent contracts in 12 months.
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 13 58 registered transactions and rent contracts in 12 months.
Questions about Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
- How many sales were registered in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16?
- 5 sales were registered in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 in Oct 2025 – Sep 2026.
- What is the median price per sq ft in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16?
- The median price of registered sales in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 was AED 1,912 per sq ft in Oct 2025 – Sep 2026.
- What is the median annual rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16?
- The median annual rent of registered rent contracts in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 was AED 95,000 in Oct 2025 – Sep 2026.
- Which DLD area is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 in?
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 is registered in the Dubai Land Department area Al Merkadh.
Method and source
All Dubai projects with figuresAll Dubai areasHow these figures are calculated
Figures based on fewer than 3 records are not shown.
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 Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae