Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 rents
- 53 new leases and 15 renewals in 12 months
- 159 units
- District One
- near Business Bay Metro Station
A one-bed here leases for about AED 90,000 a year, 8% below the typical District One one-bed.
1 bed · typical new lease
90,000AEDa year
AED 120/sqft · -10.0% on a year
- A month, roughly
- AED 7,500
- Renewal
- AED 90,000
- vs District One 1 bed
- 8% below the median
- New leases, 12 months
- 36
What should a lease in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 cost?A one-bed leases for about AED 90,000 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 one-bed here now costs 10.0% less than a year earlier: AED 90,000 against 100,000.
Chart data, 1 bed: 2024, AED 95,000; latest, 2026, AED 85,000; peak, 2025, AED 100,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12A 19-floor tower in District One
Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 is an apartment building completed in 2023 in District One. 68 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 19
- Lifts
- 4
- Parking bays
- 212
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 12?New tenants pay more than renewing ones
- New tenant vs renewal
- +5.3%
- New leases AED 100,000, renewals 95,000, 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 12 places 18th 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 12.
At 1 bed, Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 ranks 17th of 28 by rent per square foot and 9th of 11 by gross yield 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 12, on the mapPrices per sq ft around Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12, on the map
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 11
District One · 38 contracts, 12 months
180,000
AED a year median · 127/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 12
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Common questions
- What is the registered annual rent for a 1 bedroom in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12?
- The median new annual rent is AED 90,000, from 36 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. 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 12 risen or fallen?
- The median new annual rent changed -10.0% in the trailing 12 months against the previous 12, using 36 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 12?
- 6 sales were registered with the Dubai Land Department in the last 12 months, alongside 36 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 12?
- 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 12?
- Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 returns 5.7% gross: a median new-contract rent of AED 90,000 a year (36 Ejari contracts in 12 months) over a price benchmark of AED 1.57M (median of 6 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
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Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 36 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 12 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-12
Stable dataJSON