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Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24

Apartments for rent · Mohammed Bin Rashid City District One, Dubai

Registered data
Sales · All
0 in 12 months
Rental contracts · All
21 in 12 months
Long-let
115,000AED
AED 133/sqft · 6.83%

Priced off the last 5 sales — most recent July 2024.

Yield spread
-0.1 pts
vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft
AED 133
Sales
0
Rental contracts
52
Renewal rent
AED 115,000/yr
12 months
-16.7%

Based on 0 sales and 52 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 24 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 24 development. Land Department records for it run from 2021 to 2024, 186 registered sales in all — the 0 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts

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
25 Aug 20261 bed767AED 80,000104New
25 Aug 20261 bed832AED 85,000102New
1 Jul 20262 bed1,387AED 138,806100New
1 Jul 20262 bed1,387AED 150,000108New
1 Jun 20261 bed767AED 85,000111New

5 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.

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 24 rental record

Record type
Building-level property market record
Data date
Evidence base
52 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-24
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 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-24.

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.