How does Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 compare with Mohammed Bin Rashid City District One?

Its 6.37% gross yield sits -0.4 pts against the Mohammed Bin Rashid City District One median of 6.76%, computed at the same bedroom grain over the same 24-month window.

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 — rental prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.61MAED; AED 2,115/sqft
Long-let: 100,000AED; AED 133/sqft · 6.37%

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent August 2026.

Priced off the last 5 sales — most recent August 2026.

Yield spread: -0.4 pts; vs the Mohammed Bin Rashid City District One median for this unit type
Turnover upside: +5.3%; new tenants pay more than sitting ones — 20 renewals
AED/yr/sqft: AED 133
Sales: 26
Rental contracts: 73
Renewal rent: AED 95,000/yr

12 months: -2.5%

Based on 26 sales and 73 rental contracts in the last 24 months. Rental data covers the whole Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 project, not this tower alone.

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 is an apartment building in Mohammed Bin Rashid City District One, Dubai, one of the towers in the Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 development. The closest metro station is Business Bay Metro Station, the nearest mall Dubai Mall and the nearest landmark Downtown Dubai. Land Department records for it run from 2019 to 2026, 542 registered sales in all — the 26 in the last 24 months are what every median above is computed from.

Rent history

Median annual rent per sqft registered in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12, by year.

Monthly median AED per sqft per year, smoothed over three months. The band along the bottom is the number of records each month.

Rents by bedroom type

Type	Median rent	AED/yr/sqft	Yield	Contracts
1 bed	AED 100,000	133	6.37% -0.4 pts	73
2 bed	AED 170,000	137	6.13% -0.2 pts	33

Deltas compare each yield with the Mohammed Bin Rashid City District One median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

12 resales in the last 12 months, against 34 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
26 Aug 2026	2 bed	1,299	AED 3,250,000	2,502
11 Aug 2026	1 bed	753	AED 1,400,000	1,860
12 Jun 2026	1 bed	753	AED 1,550,000	2,059

3 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

As registered

The building's record in the Dubai Land Department register, as of September 2026. Counts are as registered, not as built or as operated.

Floors: 19
Lifts: 4
Parking bays: 212

Nearby

Metro: Business Bay Metro Station
Mall: Dubai Mall
Landmark: Downtown Dubai

Compare with nearby buildings

The most-traded buildings in Mohammed Bin Rashid City District One, on the same figures over the same window.

Highest rental yields in Mohammed Bin Rashid City District One · Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 places 7th of 19

Common questions

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 6.37% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 73 rental contracts registered in the last 24 months.
How much does a 1 bedroom in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 cost?: The median registered sale price is AED 1.61M (2,161 AED/sqft), from 26 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 selling for right now?: Registered sales of ready units in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 over the last 12 months have a median of 2,115 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 risen or fallen?: Median price per square foot moved -3.0% over the last 12 months against the 12 before it, on 26 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 compare with Mohammed Bin Rashid City District One?: Its 6.37% gross yield sits -0.4 pts against the Mohammed Bin Rashid City District One median of 6.76%, computed at the same bedroom grain over the same 24-month window.

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12