Dubai project data

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8: rents and rent contracts

مدينة محمد بن راشد ال مكتوم الحي الأول ، المرحلة الثالثة ، ريسيدنز 8

Registered sales and rent contracts for the project Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 in Al Merkadh, from Dubai Land Department open data.

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 (Al Merkadh): 54 registered rent contracts in the 12 months to September 2026, median annual rent AED 100,000. 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
under 3 sales
Gross rental yield
under 3 sales

“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 8

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Readyunder 3under 3under 3

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 8

Median annual rent
AED 100,000
Middle range of registered annual rents: AED 92,248 – AED 105,000
Gross rental yield
under 3 sales

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: fewer than 3 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 8

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroomunder 3under 3AED 95,000under 3 sales
2 bedroomsunder 3under 3AED 190,000under 3 sales
3 bedroomsunder 3under 3AED 230,000under 3 sales

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 8

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 37
Nov 2024under 3under 39
Jan 2025under 3under 36
Feb 2025under 3under 37
Jul 2025under 3under 35
Aug 2025under 3under 36
Sep 2025under 3under 313
Oct 2025under 3under 312
Nov 2025under 3under 38
Dec 2025under 3under 34
Feb 2026under 3under 36
Apr 2026under 3under 33
Jul 2026under 3under 37
Aug 2026under 3under 35
Sep 2026under 3under 36
Sales per calendar year
YearSalesMedian per sq ft
202173AED 1,553 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 8 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

Questions about Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8

What is the median annual rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8?
The median annual rent of registered rent contracts in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 was AED 100,000 in Oct 2025 – Sep 2026.
Which DLD area is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 in?
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 is registered in the Dubai Land Department area Al Merkadh.

Method and source

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