Dubai project data

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11: rents and rent contracts

مدينة محمد بن راشد ال مكتوم الحي الأول ، المرحلة الثالثة ، ريسيدنز 11

Registered sales and rent contracts for the project Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 in Al Merkadh, from Dubai Land Department open data.

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 (Al Merkadh): 54 registered rent contracts in the 12 months to September 2026, median annual rent AED 174,515. 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

Registered sales
7
no comparison vs previous 12 months
Median price per sq ft
AED 2,127 per sq ft
no comparison vs previous 12 months
Gross rental yield
under 30 sales (7)

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

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

“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 11

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready7AED 2,127 per sq ft1,772 – 2,215

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 11

Median annual rent
AED 174,515
Middle range of registered annual rents: AED 155,000 – AED 240,000
Gross rental yield
under 30 sales (7)

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: 7 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 11

Unit typeSalesMedian per sq ftMedian annual rentGross yield
1 bedroom3AED 2,127 per sq ftAED 96,923under 30 sales (3)
2 bedroomsunder 3under 3AED 162,000under 3 sales
3 bedroomsunder 3under 3AED 256,087under 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 11

MonthSalesMedian per sq ftRent contracts
Oct 2024under 3under 39
Nov 2024under 3under 38
Jan 2025under 3under 36
Feb 2025under 3under 34
May 20253AED 1,935 per sq ftunder 3
Jun 2025under 3under 33
Jul 2025under 3under 34
Aug 2025under 3under 34
Sep 2025under 3under 34
Oct 2025under 3under 37
Nov 2025under 3under 35
Dec 2025under 3under 36
Jan 2026under 3under 35
Feb 2026under 3under 35
Mar 2026under 3under 34
May 2026under 3under 34
Jul 2026under 3under 34
Aug 2026under 3under 36
Sep 2026under 3under 36
Sales per calendar year
YearSalesMedian per sq ft
2021119AED 1,811 per sq ft
20227AED 1,845 per sq ft
202325AED 1,967 per sq ft
202419AED 2,236 per sq ft
202514AED 1,935 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 11 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 11

How many sales were registered in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11?
7 sales were registered in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 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 11?
The median price of registered sales in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 was AED 2,127 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 11?
The median annual rent of registered rent contracts in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 was AED 174,515 in Oct 2025 – Sep 2026.
Which DLD area is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 in?
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 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