Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 rents
- 21 new leases and 13 renewals in 12 months
- 31 units
- District One
A one-bed here leases for about AED 95,000 a year, 3% below the typical District One one-bed. Renewing tenants pay more than new ones: AED 107,500.
1 bed · typical new lease
95,000AEDa year
AED 120/sqft · -13.6% on a year
- A month, roughly
- AED 7,917
- Renewal
- AED 107,500
- vs District One 1 bed
- 3% below the median
- New leases, 12 months
- 16
What should a lease in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 cost?A one-bed leases for about AED 95,000 a year; renewing tenants pay 13.2% more than new ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the District One median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 13.6% less than a year earlier: AED 95,000 against 110,000.
Chart data, 1 bed: Aug 2024, AED 75,000; latest, Oct 2026, AED 80,000; peak, Sep 2024, AED 117,500.
34 contracts starting on or after 12 Oct 2025.
About Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24A 5-floor tower in District One
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 is an apartment building completed in 2023 in District One. 34 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 5
- Lifts
- 2
- Parking bays
- 33
Nearest, as registered
Letting a unit in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24?100% of units here signed a yearly lease in 12 months, above the District One median; new tenants pay less than renewing ones
- Units on a yearly lease
- 100%Strength
- District One median 40%; top tenth from 45%
- New tenant vs renewal
- -9.1%
- New leases AED 100,000, renewals 110,000, all types
Ejari leases to 12 Oct 2026
Comparables in District One
Every District One building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 places 14th of 28; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24.
At 1 bed, Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 ranks 15th of 28 by rent per square foot in District One.
Market context in District One
Registered sales activity
152 ready apartment sales in the 12 months to 2026-10-12.
-11.2% in median AED/sqft versus the preceding year, supported by 152 current and 208 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 0 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
456 apartments are planned in District One from 2026 to 2028, equal to 57% of the 798 homes let there today.
New-lease rents fell in 94% of 33 buildings (counted once per bedroom type) with leases in both years; the typical one moved −12.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in District One
Prices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24, on the mapPrices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24, on the map
Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12
District One · 53 contracts, 12 months
100,000
AED a year median · 120/sqft
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 14
District One · 40 contracts, 12 months
100,000
AED a year median · 111/sqft
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11
District One · 38 contracts, 12 months
180,000
AED a year median · 127/sqft
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 13
District One · 38 contracts, 12 months
120,000
AED a year median · 125/sqft
Ask about Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24
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Common questions
- What is the registered annual rent for a 1 bedroom in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24?
- The median new annual rent is AED 95,000, from 16 Ejari contracts in the trailing 12 months to 2026-10-12. The evidence is recorded for this building. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 risen or fallen?
- The median new annual rent changed -13.6% in the trailing 12 months against the previous 12, using 16 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 pay more than sitting ones?
- A new tenant pays -11.6% against a renewing one, across 11 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24?
- No gross yield is published for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 as of 2026-10-12: fewer than 3 sales were registered in the last 12 months. In the last 12 months it had 0 registered sales and 16 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The District One median is 6.0% gross.
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Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 21 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 rents and yield.” District One, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-24
Stable dataJSON