Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 rents
- 38 new leases and 12 renewals in 12 months
- 130 units
- District One
- near Business Bay Metro Station
A two-bed here leases for about AED 162,500 a year, 1% above the typical District One two-bed.
2 bed · typical new lease
162,500AEDa year
AED 128/sqft · -1.5% on a year
- A month, roughly
- AED 13,542
- Renewal
- AED 159,750
- vs District One 2 bed
- 1% above the median
- New leases, 12 months
- 22
What should a lease in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 cost?A two-bed leases for about AED 162,500 a year
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the District One median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A two-bed here now costs 1.5% less than a year earlier: AED 162,500 against 165,000.
Chart data, 2 bed: Aug 2024, AED 160,000; latest, Oct 2026, AED 145,000; peak, Feb 2026, AED 230,000.
50 contracts starting on or after 12 Oct 2025.
About Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11A 21-floor tower in District One
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 is an apartment building completed in 2023 in District One. 50 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 21
- Lifts
- 4
- Parking bays
- 222
- Pools
- 1
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11?38% of units here signed a yearly lease in 12 months, below the District One median; new tenants pay more than renewing ones
- Units on a yearly lease
- 38%Fair
- District One median 40%; top tenth from 45%
- New tenant vs renewal
- +4.5%
- New leases AED 180,000, renewals 172,258, all types
Comparables in District One
Every District One building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 places 6th of 28; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11.
At 2 bed, Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 ranks 3rd of 14 by rent per square foot in District One.
Market context in District One
Registered sales activity
152 ready apartment sales in the 12 months to 2026-10-12.
-11.2% in median AED/sqft versus the preceding year, supported by 152 current and 208 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
456 apartments are planned in District One from 2026 to 2028, equal to 57% of the 798 homes let there today.
New-lease rents fell in 94% of 33 buildings (counted once per bedroom type) with leases in both years; the typical one moved −12.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in District One
Prices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11, on the mapPrices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11, on the map
Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12
District One · 53 contracts, 12 months
100,000
AED a year median · 120/sqft
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 14
District One · 40 contracts, 12 months
100,000
AED a year median · 111/sqft
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 13
District One · 38 contracts, 12 months
120,000
AED a year median · 125/sqft
Lagoon Views at District One
District One · 37 contracts, 12 months
310,000
AED a year median · 139/sqft
Ask about Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 2 bedroom in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11?
- The median new annual rent is AED 162,500, from 22 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 risen or fallen?
- The median new annual rent changed -1.5% in the trailing 12 months against the previous 12, using 22 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- How many apartments change hands in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11?
- 3 sales were registered with the Dubai Land Department in the last 12 months, alongside 22 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11?
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 returns 6.5% gross: a median new-contract rent of AED 162,500 a year (22 Ejari contracts in 12 months) over a price benchmark of AED 2.50M (median of 3 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 rents and yield.” District One, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-11
Stable dataJSON