Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 rents
- 14 new leases and 3 renewals in 12 months
- 31 units
- District One
- near Business Bay Metro Station
A one-bed here leases for about AED 100,000 a year, 3% above the typical District One one-bed.
1 bed · typical new lease
100,000AEDa year
AED 130/sqft · -16.7% on a year
- A month, roughly
- AED 8,333
- vs District One 1 bed
- 3% above the median
- New leases, 12 months
- 13
What should a lease in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 cost?A one-bed leases for about AED 100,000 a year
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 16.7% less than a year earlier: AED 100,000 against 120,000.
Chart data, 1 bed: Nov 2022, AED 130,000; latest, Oct 2026, AED 87,500; peak, Dec 2023, AED 140,000.
17 contracts starting on or after 12 Oct 2025.
About Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3A 5-floor tower in District One
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 is an apartment building completed in 2022 in District One. 17 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Floors
- 5
- Lifts
- 2
- Parking bays
- 32
Nearest, as registered
- Metro
- Business Bay Metro Station
- Mall
- Dubai Mall
- Landmark
- Downtown Dubai
Letting a unit in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?55% of units here signed a yearly lease in 12 months, above the District One median
- Units on a yearly lease
- 55%Fair
- District One median 40%; top tenth from 45%
Ejari leases to 12 Oct 2026
Thinking of selling? Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 sale prices →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 3 places 5th 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 3.
At 1 bed, Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 ranks 6th 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 3, on the mapPrices per sq ft around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3, 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 3
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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 3?
- The median new annual rent is AED 100,000, from 13 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 3 risen or fallen?
- The median new annual rent changed -16.7% in the trailing 12 months against the previous 12, using 13 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.
- How many apartments change hands in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?
- 1 sale was registered with the Dubai Land Department in the last 12 months, alongside 13 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?
- Business Bay Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Dubai Mall.
- What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?
- No gross yield is published for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 as of 2026-10-12: fewer than 3 sales were registered in the last 12 months. In the last 12 months it had 1 registered sale and 13 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The District One median is 6.0% gross.
For agents
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Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 13 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 3 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-3
Stable dataJSON