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Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

A 1 bed in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 costs a median AED 1.72M, rents long-let for AED 102,500/yr (5.89% gross), and returns 8.76% short-let at the assumed 80% occupancy — -0.9 pts vs Mohammed Bin Rashid City District One's 6.76% and -1.1 pts vs Dubai's 6.98% — from 13 sales and 38 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 1 bed
5 in 12 months
Rental contracts · 1 bed
17 in 12 months
Buy
1.72MAED
AED 2,268/sqft
Long-let
102,500AED
AED 135/sqft · 5.89%
Short-let
8.76%
AED 663/night · 0.86/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 12 months, most recent February 2026.

Priced off the last 5 sales — most recent February 2026.

Yield spread
-0.9 pts
vs the Mohammed Bin Rashid City District One median for this unit type
Turnover upside
-5.1%
new tenants pay less than sitting ones — 23 renewals
AED/yr/sqft
AED 135
Sales
13
Rental contracts
38
Renewal rent
AED 108,000/yr
12 months
-4.8%
3 years
-4.8%-1.6%/yr

Based on 13 sales and 38 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 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 5 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, 252 registered sales in all — the 13 in the last 24 months are what every median above is computed from.

Rents by bedroom type

TypeMedian rentAED/yr/sqftYieldContracts
1 bedAED 102,5001355.89%
-0.9 pts
38
2 bedAED 200,0001533
3 bedAED 290,0001464

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.

    Short-let rates around Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

    Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

    How short-let rates are measured
    Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.
    TypeNightly (AED)AED/night/sqftNet revenue at 80%Long-let rentUpliftShort-let yieldListings seen
    1 bed500m6630.86AED 150,726AED 102,5001.5×8.76%21+
    2 bed500m8930.68AED 198,380AED 200,0001.0×6.56%6+
    3 bed500m1,2230.69AED 271,839AED 290,0000.9×6.80%5+

    Nightly rate per sqft through the year

    Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

    1 bed: first Oct 2026, 0.86 AED/night/sqft; latest Aug 2027, 0.67 AED/night/sqft; peak Jan 2027, 1.39 AED/night/sqft.

    Net revenue assumes 80% occupancy — an assumption, not a measurement.

    What the net revenue deducts
    Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 itself had too few listings of that type to measure.

    Recent transactions

    As filed with the Land Department — data to 2026-08-26.

    7 resales in the last 12 months, against 13 a year on average over 2023–2025.

    Sales

    DateTypeSqftPriceAED/sqft
    10 Jul 20262 bed1,308AED 2,500,0001,911

    1 resales in the last 3 months.

    Rental contracts

    StartTypeSqftAnnual rentAED/sqftContract
    22 Aug 20261 bed750AED 98,000131New
    15 Aug 20263 bed2,704AED 282,000104Renewal
    7 Aug 20261 bed766AED 102,000133Renewal
    20 Jul 20262 bed1,308AED 185,000141Renewal
    15 Jul 20261 bed758AED 80,000106New
    22 Jun 20261 bed766AED 89,000116New
    16 Jun 20261 bed767AED 115,000150Renewal

    7 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
    8
    Lifts
    2
    Parking bays
    91

    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.

    Common questions

    What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5?
    Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 returns 5.89% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 38 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 5 cost?
    The median registered sale price is AED 1.72M (2,243 AED/sqft), from 13 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
    What are apartments in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 selling for right now?
    Registered sales of ready units in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 over the last 12 months have a median of 2,268 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
    Have prices in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 risen or fallen?
    Median price per square foot moved +3.1% over the last 12 months against the 12 before it, on 13 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 5 compare with Mohammed Bin Rashid City District One?
    Its 5.89% gross yield sits -0.9 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.

    Source: Dubai Land Department open data — sale transactions and Ejari rental contracts. Data as of 2026-08-26. Short-let rates are collected separately from public Airbnb search results.

    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 5 rental record

    Record type
    Building-level property market record
    Data date
    Evidence base
    38 registered rental contracts in the trailing 24 months for the default unit type
    Sources
    Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-let rates
    Canonical record
    /rent/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-5
    Method
    Definitions and calculations

    Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 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-5.

    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.