Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3
A 1 bed in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 costs a median AED 1.98M and rents long-let for AED 120,000/yr (6.06% gross) — -0.7 pts vs Mohammed Bin Rashid City District One's 6.76% and -0.9 pts vs Dubai's 6.98% — from 5 sales and 26 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
- 13 in 12 months
- Buy
- 1.98MAED
- AED 2,435/sqft
- Long-let
- 120,000AED
- AED 143/sqft · 6.06%
Priced off the last 5 sales — most recent March 2026.
- Yield spread
- -0.7 pts
- vs the Mohammed Bin Rashid City District One median for this unit type
- AED/yr/sqft
- AED 143
- Sales
- 5
- Rental contracts
- 26
- Renewal rent
- AED 125,000/yr
- 12 months
- +0.0%
- 3 years
- -14.0%-4.9%/yr
Based on 5 sales and 26 rental contracts in the last 24 months.
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 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 3 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 2018 to 2026, 136 registered sales in all — the 5 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 3, by year.
Chart data: Nov 2022, 163 AED/yr/sqft; latest, Jul 2026, 120 AED/yr/sqft; peak, Jan 2024, 179 AED/yr/sqft.
Rents by bedroom type
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
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
3 contracts starting on or after 26 May 2026.
Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.
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.
- Highest rental yields in Mohammed Bin Rashid City District One · Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 places 12th of 19
- Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 · 6.97%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 14 · 7.24%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 8 · 8.58%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 13 · 9.38%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 · 6.80%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 · 6.99%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 4 · 11.62%
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 · 4.95%
Common questions
- What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?
- Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 returns 6.06% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 26 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 3 cost?
- The median registered sale price is AED 1.98M (2,435 AED/sqft), from 5 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 3 risen or fallen?
- Median price per square foot moved -19.6% over the last 12 months against the 12 before it, on 5 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 3 compare with Mohammed Bin Rashid City District One?
- Its 6.06% gross yield sits -0.7 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 3 make money?
- Units bought off-plan between 2018 and 2018 later resold +69.7% 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 3 rental record
- Record type
- Building-level property market record
- Data date
- Evidence base
- 26 registered rental contracts in the trailing 24 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 3 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-3.
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.