How does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 compare with Mohammed Bin Rashid City District One?

Its 6.25% gross yield sits -0.5 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.

Does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 earn more short-let than long-let?

A night asks a median of AED 846, which models to 12.34% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.25% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 — rental prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.59MAED; AED 2,133/sqft
Long-let: 100,000AED; AED 129/sqft · 6.25%
Short-let: 12.34%; AED 846/night · 1.13/sqft

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

Yield spread: -0.5 pts; vs the Mohammed Bin Rashid City District One median for this unit type
Turnover upside: -4.8%; new tenants pay less than sitting ones — 16 renewals
AED/yr/sqft: AED 129
Sales: 6
Rental contracts: 64
Renewal rent: AED 105,000/yr

12 months: -9.5%
3 years: -5.0%-1.7%/yr

Based on 6 sales and 64 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 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 16 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 2018 to 2026, 334 registered sales in all — the 6 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 16, 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	129	6.25% -0.5 pts	64
2 bed	AED 207,500	161	—	2
3 bed	—	—	—	0

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 16

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	846	1.13	AED 196,240	AED 100,000	2.0×	12.34%	7+
2 bed500m	927	0.72	AED 207,108	AED 207,500	1.0×	5.44%	1+

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 16 itself had too few listings of that type to measure.

Recent transactions

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

Sales

Date	Type	Sqft	Price	AED/sqft
10 Jun 2026	1 bed	745	AED 2,020,000	2,710
1 Jun 2026	3 bed	907	AED 1,983,900	2,187

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
13 Aug 2026	1 bed	767	AED 85,000	111	New
10 Aug 2026	1 bed	745	AED 77,791	104	New
1 Aug 2026	1 bed	755	AED 75,000	99	New
20 Jul 2026	1 bed	745	AED 80,000	107	New
20 Jul 2026	1 bed	759	AED 85,000	112	New
2 Jul 2026	1 bed	787	AED 100,000	127	New
1 Jul 2026	1 bed	759	AED 75,000	99	New
1 Jul 2026	1 bed	745	AED 70,000	94	New
19 Jun 2026	1 bed	755	AED 70,000	93	New

9 contracts starting on or after 26 May 2026.

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: 10
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 16 places 18th of 19

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16?: Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 returns 6.25% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 64 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 16 cost?: The median registered sale price is AED 1.59M (2,133 AED/sqft), from 6 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 risen or fallen?: Median price per square foot moved +27.9% over the last 12 months against the 12 before it, on 6 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 16 compare with Mohammed Bin Rashid City District One?: Its 6.25% gross yield sits -0.5 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.
Does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 earn more short-let than long-let?: A night asks a median of AED 846, which models to 12.34% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.25% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16