Skip to content
Dubai Wealth Index
Search
Search buildings, areas and projects by name.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11

A 2 bed in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 costs a median AED 2.70M, rents long-let for AED 163,500/yr (6.54% gross), and returns 7.93% short-let at the assumed 80% occupancy — +0.2 pts vs Mohammed Bin Rashid City District One's 6.35% and -0.4 pts vs Dubai's 6.97% — from 11 sales and 54 rental contracts registered in the last 24 months through 26 Aug 2026.

Registered data
Sales · 2 bed
2 in 12 months
Rental contracts · 2 bed
26 in 12 months
Buy
2.70MAED
AED 1,935/sqft
Long-let
6.54%
AED 163,500/yr
Short-let
7.93%
AED 963/night · 0.69/sqft

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

Yield spread
+0.2 pts
vs the Mohammed Bin Rashid City District One median for this unit type
Turnover upside
+3.8%
new tenants pay more than sitting ones — 9 renewals
AED/yr/sqft
AED 128
Sales
11
Rental contracts
54
Renewal rent
AED 157,500/yr
12 months
+3.0%
3 years
+6.3%+2.0%/yr
5 years
+12.9%+2.5%/yr

Based on 11 sales and 54 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 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 11 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 2021 to 2026, 374 registered sales in all — the 11 in the last 24 months are what every median above is computed from.

Yield by bedroom type

TypeMedian priceAED/sqftYield12moSales
1 bedAED 1.70M19817.21%
+0.5 pts
+2.2%5
2 bedAED 2.70M19356.54%
+0.2 pts
+3.0%11
3 bedAED 4.50M23556.44%
+0.1 pts
+1.8%5
4+ bedAED 7.41M1772-25.6%3

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 11

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 bed500m8751.02AED 201,503AED 122,5001.6×11.85%8+
2 bed500m9630.69AED 214,079AED 163,5001.3×7.93%1+

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 11 itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 between 2021 and 2024 went for a median of AED 1,825/sqft (AED 2.57M). The same building resells today at AED 1,999/sqft (AED 2.74M) — an uplift of +6.4%.

Based on 153 off-plan sales across the building's full history.

Why this uses the full history
This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

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

9 resales in the last 12 months, against 19 a year on average over 2023–2025.

Sales

DateTypeSqftPriceAED/sqft
19 Aug 20262 bed1,341AED 2,475,0001,845
22 Jun 20262 bed1,169AED 2,500,0002,139

2 resales in the last 3 months.

Rental contracts

StartTypeSqftAnnual rentAED/sqftContract
1 Sept 20261 bed858AED 78,21091New
21 Aug 20262 bed1,192AED 150,000126New
8 Aug 20263 bed1,910AED 190,00099New
5 Aug 20261 bed858AED 110,000128New
30 Jul 20262 bed1,192AED 140,000117New
15 Jul 20263 bed2,088AED 240,000115Renewal
13 Jul 20262 bed1,342AED 155,000116New
12 Jul 20263 bed1,948AED 290,000149Renewal
12 Jun 20262 bed1,341AED 128,00095New

9 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
21
Lifts
4
Parking bays
222
Swimming pools
1

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 11?
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 returns 6.54% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 54 rental contracts registered in the last 24 months.
How much does a 2 bedroom in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 cost?
The median registered sale price is AED 2.70M (1,935 AED/sqft), from 11 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 11 risen or fallen?
Median price per square foot moved +3.0% over the last 12 months against the 12 before it, on 11 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 11 compare with Mohammed Bin Rashid City District One?
Its 6.54% gross yield sits +0.2 pts against the Mohammed Bin Rashid City District One median of 6.35%, computed at the same bedroom grain over the same 24-month window.
Does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 earn more short-let than long-let?
A night asks a median of AED 963, which models to 7.93% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.54% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

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 11 sale record

Record type
Building-level property market record
Data date
Evidence base
11 registered sales 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
/sale/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-11
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 sale prices and yield.” Mohammed Bin Rashid City District One, Dubai. Data to 2026-08-26. https://dubaiwealthindex.com/sale/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-11.

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.