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Ejari leases to 12 Oct 2026

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 rents

  • 9 new leases and 8 renewals in 12 months
  • 31 units
  • District One

A one-bed here leases for about AED 97,500 a year, in line with the typical District One one-bed. New tenants pay more than renewing ones, who pay AED 84,893.

1 bed · typical new lease

97,500AEDa year

AED 119/sqft · -7.1% on a year

A month, roughly
AED 8,125
Renewal
AED 84,893
vs District One 1 bed
In line with the median
New leases, 12 months
8
Buying instead? Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 sale prices →

What should a lease in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 cost?A one-bed leases for about AED 97,500 a year; new tenants pay 14.9% more than renewing ones

TypeNew leaseRenewalvs District OneLeases
1 bedmost leased97,500119/sqft84,8938 renewalsin linetypical 97,5008
2 bed160,000115/sqft—1% lesstypical 161,2501

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.

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Rent history and contracts

Every contract registered with Ejari — data to 2026-10-12.

A one-bed here now costs 7.1% less than a year earlier: AED 97,500 against 105,000.

Median annual rent, 1 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, 1 bed: Dec 2023, AED 107,500; latest, Oct 2026, AED 88,000; peak, Feb 2025, AED 120,000.

StartTypeSqftAnnual rentAED/sqftContract
5 Oct 20261 bed767AED 90,000117New
3 Oct 20261 bed832AED 86,000103New
7 Sept 20261 bed767AED 76,00099Renewal
1 Aug 20261 bed788AED 75,00095New
10 Jul 20261 bed788AED 79,786101Renewal
7 Jul 20261 bed767AED 72,00094Renewal
19 Jun 20261 bed788AED 90,000114Renewal
8 Apr 20261 bed1,598AED 110,00069Renewal
7 Apr 20261 bed767AED 76,00099Renewal
7 Apr 20261 bed788AED 94,806120Renewal

17 contracts starting on or after 12 Oct 2025.

About Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29A 5-floor tower in District One

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 is an apartment building completed in 2023 in District One. 17 yearly leases, new and renewed, were registered with Ejari in the last 12 months.

Pinned by Google from the registered name; verify the plot before relying on it.Open in Google Maps

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 29?55% of units here signed a yearly lease in 12 months, above the District One median; new tenants pay more than renewing ones

Units on a yearly lease
55%Fair
District One median 40%; top tenth from 45%
New tenant vs renewal
+17.8%
New leases AED 100,000, renewals 84,893, all types

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 29 places 20th of 28; the nearest 8 are shown.

RankBuildingMedian rentAED/yr/sqft12-month changeContracts
16Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 7AED 120,000120+2.7%-27.3%19
17Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16AED 95,000120+2.4%-9.5%31
18Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12AED 100,000120+2.1%-9.1%53
19Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 28AED 95,000119+1.4%-17.4%6
20Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 · this buildingAED 100,000117-4.8%9
21Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1AED 90,000116-1.5%-18.2%13
22Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 18AED 100,000114-2.7%-7.0%21
23Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 30AED 110,000114-2.7%-4.3%23
24Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2AED 90,000111-5.5%-21.7%22

Rank 1 is the dearest per square foot. Differences are against Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29.

At 1 bed, Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 ranks 19th 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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29

Direct 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.

Prices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29, on the map
Pills show median annual rent, AED. 3 buildings pinned from Google place records and Apple geocoding · Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 is the inverted pinOpen in Apple Maps

Ask about Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29

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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 29?
The median new annual rent is AED 97,500, from 8 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 29 risen or fallen?
The median new annual rent changed -7.1% in the trailing 12 months against the previous 12, using 8 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 29 pay more than sitting ones?
A new tenant pays +14.8% against a renewing one, across 8 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 29?
No gross yield is published for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 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 8 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 29 rental record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
9 registered rental contracts in the last 12 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-29
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 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-29

Stable dataJSON