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Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2

A 1 bed in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 costs a median AED 1.63M and rents long-let for AED 105,000/yr (6.36% gross) — -0.4 pts vs Mohammed Bin Rashid City District One's 6.76% and -0.6 pts vs Dubai's 6.98% — from 4 sales and 37 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
1 in 12 months
Rental contracts · 1 bed
20 in 12 months
Buy
1.63MAED
AED 2,018/sqft
Long-let
105,000AED
AED 130/sqft · 6.36%

Priced off the last 5 sales — most recent November 2025.

Yield spread
-0.4 pts
vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft
AED 130
Sales
4
Rental contracts
37
Renewal rent
AED 105,000/yr
12 months
-21.7%
3 years
-18.2%-6.5%/yr

Based on 4 sales and 37 rental contracts in the last 24 months. Thin sample — treat these figures as indicative.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 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 2 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 2020 to 2025, 96 registered sales in all — the 4 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 105,0001306.36%
-0.4 pts
37

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.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
15 Aug 20261 bed831AED 90,000108New
10 Jul 20261 bed831AED 82,50099New
6 Jul 20261 bed885AED 80,00090New
4 Jul 20261 bed767AED 85,000111New
4 Jul 20261 bed767AED 85,000111New
7 Jun 20261 bed767AED 80,000104New

6 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
5
Lifts
2
Parking bays
32

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.

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2?
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 returns 6.36% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 37 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 2 cost?
The median registered sale price is AED 1.63M (2,018 AED/sqft), from 4 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 2 risen or fallen?
Median price per square foot moved -8.8% over the last 12 months against the 12 before it, on 4 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 2 compare with Mohammed Bin Rashid City District One?
Its 6.36% 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.
Did off-plan buyers in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 make money?
Units bought off-plan between 2020 and 2021 later resold +20.3% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26.

Gross yield divides median annual rent from new contracts by the median resale price for the same bedroom type over the last 24 months. Off-plan sales are included in price and trend figures but excluded from the yield denominator.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 rental record

Record type
Building-level property market record
Data date
Evidence base
37 registered rental contracts in the trailing 24 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/rent/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-2
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 rents and yield.” Mohammed Bin Rashid City District One, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/rent/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-2.

Stable dataJSON

Where this data stops

Service charges are not in DLD's open data, so the yield above is gross. Net return needs this building's charge per sqft.