How does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 compare with Mohammed Bin Rashid City District One?

Its 6.66% gross yield sits -0.1 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 15 — rental prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.65MAED; AED 1,945/sqft
Long-let: 100,000AED; AED 132/sqft · 6.66%
Short-let: 8.90%; AED 649/night · 0.82/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off 4 sales in the last 3 months.

Yield spread: -0.1 pts; vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft: AED 132
Sales: 19
Rental contracts: 61
Renewal rent: AED 100,000/yr

12 months: -9.5%
3 years: -9.5%-3.3%/yr

Based on 19 sales and 61 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 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 , Residences 15 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, 318 registered sales in all — the 19 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 15, 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	132	6.66% -0.1 pts	61
2 bed	AED 220,000	171	8.80% +2.5 pts	5
3 bed	AED 300,000	169	8.33% +2.0 pts	6

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.

Short-let rates around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	649	0.82	AED 146,868	AED 100,000	1.5×	8.90%	18+
2 bed500m	838	0.55	AED 181,170	AED 220,000	0.8×	7.25%	4+
3 bed500m	1,110	0.62	AED 243,912	AED 300,000	0.8×	7.39%	4+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 itself had too few listings of that type to measure.

Recent transactions

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

13 resales in the last 12 months, against 16 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
27 Jul 2026	1 bed	760	AED 1,420,000	1,869
9 Jul 2026	1 bed	1,029	AED 1,825,000	1,774
26 Jun 2026	1 bed	745	AED 1,450,000	1,945
2 Jun 2026	1 bed	745	AED 1,555,000	2,086

4 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
15 Sept 2026	1 bed	755	AED 70,094	93	New
25 Aug 2026	1 bed	767	AED 75,000	98	New
10 Aug 2026	1 bed	745	AED 80,000	107	New
10 Jul 2026	1 bed	785	AED 92,000	117	New
1 Jul 2026	1 bed	749	AED 50,000	67	New
1 Jul 2026	1 bed	785	AED 80,000	102	New
1 Jul 2026	1 bed	776	AED 79,000	102	New
5 Jun 2026	1 bed	755	AED 85,000	113	Renewal

8 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

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: 9
Lifts: 3
Parking bays: 123

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 15 places 6th of 19

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15?: Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 returns 6.66% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 61 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 15 cost?: The median registered sale price is AED 1.65M (2,086 AED/sqft), from 19 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 15 selling for right now?: Registered sales of ready units in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 over the last 6 months have a median of 1,945 AED/sqft, across 5 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 15 risen or fallen?: Median price per square foot moved -7.9% over the last 12 months against the 12 before it, on 19 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 15 compare with Mohammed Bin Rashid City District One?: Its 6.66% gross yield sits -0.1 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 15