Dubai project data
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24: rents and rent contracts
مدينة محمد بن راشد ال مكتوم الحي الأول ، المرحلة الثالثة ، ريسيدنز 24
Registered sales and rent contracts for the project Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24 in Al Merkadh, from Dubai Land Department open data.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24 (Al Merkadh): 36 registered rent contracts in the 12 months to September 2026, median annual rent AED 107,500. 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
- under 3
- Median price per sq ft
- under 3 sales
- Median sale price
- under 3 sales
- Off-plan share of sales
- under 3 sales
- Median annual rent
- AED 107,500
- Gross rental yield
- under 3 sales
- Mortgage registrations
- under 3
“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 24
| Status | Sales | Median per sq ft | Middle range per sq ft |
|---|---|---|---|
| Off-plan | under 3 | under 3 | under 3 |
| Ready | under 3 | under 3 | under 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 24
- Median annual rent per sq ft
- AED 126 per sq ft
- 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 24
| Unit type | Sales | Median per sq ft | Median annual rent | Gross yield |
|---|---|---|---|---|
| 1 bedroom | under 3 | under 3 | AED 105,000 | under 3 sales |
| 2 bedrooms | under 3 | under 3 | AED 180,000 | under 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 24
| Month | Sales | Median per sq ft | Rent contracts |
|---|---|---|---|
| Oct 2024 | under 3 | under 3 | 7 |
| Nov 2024 | under 3 | under 3 | 14 |
| Dec 2024 | under 3 | under 3 | 4 |
| Oct 2025 | under 3 | under 3 | 5 |
| Nov 2025 | under 3 | under 3 | 8 |
| Dec 2025 | under 3 | under 3 | 4 |
| Feb 2026 | under 3 | under 3 | 6 |
| Mar 2026 | under 3 | under 3 | 3 |
| Year | Sales | Median per sq ft |
|---|---|---|
| 2021 | 31 | AED 1,708 per sq ft |
| 2024 | 62 | AED 1,753 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 24 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 24
- What is the median annual rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24?
- The median annual rent of registered rent contracts in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24 was AED 107,500 in Oct 2025 – Sep 2026.
- Which DLD area is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24 in?
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24 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