How does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23 compare with Mohammed Bin Rashid City District One?

Its 6.47% gross yield sits -0.3 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 23 — rental prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.73MAED; AED 2,256/sqft
Long-let: 110,000AED; AED 126/sqft · 6.47%

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

Yield spread: -0.3 pts; vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft: AED 126
Sales: 7
Rental contracts: 13
Renewal rent: AED 100,125/yr

12 months: -4.5%
3 years: +0.0%+0.0%/yr

Based on 7 sales and 13 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23 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 23 development. Land Department records for it run from 2021 to 2026, 106 registered sales in all — the 7 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 23, 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 110,000	126	6.47% -0.3 pts	13
2 bed	AED 200,000	144	—	3

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.

5 resales in the last 12 months, against 7 a year on average over 2023–2025.

Sales

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

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
1 Aug 2026	1 bed	1,484	AED 90,000	61	New
15 Jun 2026	1 bed	788	AED 75,000	95	New

2 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: 33

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 23 places 10th of 19

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23?: Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23 returns 6.47% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 13 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 23 cost?: The median registered sale price is AED 1.73M (2,256 AED/sqft), from 7 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 23 risen or fallen?: Median price per square foot moved -6.7% over the last 12 months against the 12 before it, on 7 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 23 compare with Mohammed Bin Rashid City District One?: Its 6.47% gross yield sits -0.3 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 23 make money?: Units bought off-plan between 2021 and 2023 later resold +24.6% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23