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Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

A 1 bed in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 costs a median AED 1.57M and rents long-let for AED 90,000/yr (5.7% gross).

1 bed · typical price

1.57MAED

AED 2,115/sqft · -5.0% on a year

Rent a year
AED 90,000
Gross yield
5.7%
vs District One
5% above the median
Cost to buy, all inAED 1.67M
Price
AED 1.57M
DLD fee 4%
AED 62,860
Agent 2% + VAT
AED 33,002
Trustee
AED 4,200

Fees repaid by rent13 months

Against this building’s registered sales of the same type.

Ask about Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 →

Is Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 a good investment?The rent pays below the Dubai median, prices are slipping and lots of new supply is coming

  1. Does it pay a good rent?5.7% gross, before the service charge (not on file) (Dubai median 6.8%)5.7%Watch
  2. Are rents going up?New 1 bed leases: AED 100,000 a year ago, AED 90,000 now (pooled across the project)-10.0%
  3. Are prices going up?1 bed: AED 2,228/sqft a year ago, 2,115 now-5.0%Watch
  4. How fast do fees pay back?AED 100,062 in fees to buy a 1 bed; rent covers it in 1.1 years1.1 yrs
  5. Can I sell easily?10 sales in 12 months, 6% of the tower (29 the year before)10Fair
  6. Is a lot being built nearby?456 apartments are planned in District One from 2026 to 2028, equal to 57% of the 798 homes let there today. District One supply by year →57%Watch
  7. Did earlier buyers gain?Up 19% for buyers 5 years ago; up 34% for launch buyers, before fees+19.1%Context

Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 prices and rents by unit typeA one-bed costs about AED 1.57M and rents for about AED 90,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
1 bed94 units · 748 sqftAED 1.57M2,115/sqftlaunch 1,640 +29.0%5.7%-0.3 ptsAED 90,00036 contracts-5.0%6
2 bed64 units · 1,242 sqftAED 2.79M2,424/sqft5.2%-1.2 ptsAED 145,00016 contractsunder 5 sales in a year4
Appreciation, rental income and short-term detail, by unit type

Appreciation

1 bed · price per sqft · District One · area median AED 2,014/sqft

3 years
+10.9% · +3.5%/yr
5 years
+19.8% · +3.7%/yr
vs area median
+5.0%
Rank by price per sqft
5th of 14

Rental income

1 bed · District One

Median new rent
AED 90,000/yr
Yield vs area median
-0.3 pts
Yield vs Dubai (6.8%)
-1.0 pts
Yield rank
9th of 11
Renewal rent
AED 90,000/yr

Read with care

  • Rental data covers the whole Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 project, not this tower alone.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

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

Chart data, 1 bed: Mar 2019, AED 1,193,286; latest, Aug 2026, AED 1,400,000; peak, Apr 2022, AED 2,006,580.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 2,215 · before fees

Launch, 2019–24
1,652
+34%
5 years ago
1,860
+19%
3 years ago
1,955
+13%
Previous 12 months
2,291
−3%
Last 12 months
2,215
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

10 resales in the last 12 months, against 34 a year on average over 2023–2025.

Middle 80% of sales: 2,040 – 2,507 AED per sq ft, 10th to 90th percentile of 10

DateTypeSqftPriceAED/sqft
26 Aug 20262 bed1,299AED 3,250,0002,502
11 Aug 20261 bed753AED 1,400,0001,860
12 Jun 20261 bed753AED 1,550,0002,059
9 Feb 20262 bed1,096AED 2,500,0002,280
29 Dec 20251 bed749AED 1,610,0002,150
15 Dec 20251 bed733AED 1,570,0002,141
19 Nov 20251 bed737AED 1,700,0002,306
13 Nov 20251 bed753AED 1,573,0002,090
12 Nov 20252 bed1,183AED 2,775,0002,346
29 Oct 20252 bed1,096AED 2,800,0002,554

10 resales in the last 12 months.

Comparables in District One

Every District One building with a page, ranked by price per sqft over the same 12 months, all unit types. Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 places 5th of 19; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
1Lagoon Views at District OneCompleted 2025 · off-plan 1,941/sqftAED 7.45M2,554+15.3%4.2%+27.0%10
2Naya 37% · Q3 2027 · off-plan 2,174/sqftAED 2.00M2,302+3.9%——7
3Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5Completed 2022 · off-plan 1,620/sqftAED 1.77M2,232+0.8%5.5%-0.5%8
4Naya 17% · Q3 2027 · off-plan 2,282/sqftAED 4.52M2,222+0.3%——3
5Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 · this buildingCompleted 2023 · off-plan 1,680/sqftAED 1.66M2,2156.0%-3.3%10
6Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 7Completed 2023 · off-plan 1,762/sqftAED 2.75M2,209-0.3%4.4%—3
7Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 6Completed 2023 · off-plan 1,712/sqftAED 2.92M2,174-1.8%5.3%—4
8Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23Completed 2023 · off-plan 1,777/sqftAED 1.72M2,149-3.0%6.1%—4
9Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11Completed 2023 · off-plan 1,825/sqftAED 2.49M2,133-3.7%7.2%+7.9%8

Rank 1 is the dearest per square foot. Differences are against Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 (AED 2,215/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At 1 bed, Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 has registered sale prices 5% above the District One median price per square foot of 2,014 AED, across 14 eligible buildings. It ranks 5th of 14 by price per square foot and 9th of 11 by gross yield 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 12

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.

About Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 is an apartment building completed in 2023 in District One. 272 sales are registered with the Dubai Land Department.

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

The building, as registered

Floors
19
Lifts
4
Parking bays
212

Nearest, as registered

Metro
Business Bay Metro Station
Mall
Dubai Mall
Landmark
Downtown Dubai

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12: AED 2,215 per sq ft, 7% above the median District One building, and a 6.0% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12AED 2,215
  2. District One, readyAED 1,964
  3. District One, off-planAED 2,130
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12District One median building

  1. District One6.0% vs 5.7%
Line: the 10th to 90th percentile of 16 buildings in District One. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in District One, by handover quarter

Prices per sq ft around Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12, on the map
Pills show median sale price, AED. 3 buildings pinned from Google place records and Apple geocoding · Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a 1 bed here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
6,988AED
4.5% over 25 years
Monthly rent
7,500AED
AED 90,000 a year
Cash needed at purchase
433,077AED
20% down plus AED 118,777 in fees

Owning costs AED 306,283 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

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Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12?
Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 returns 5.7% gross: a median new-contract rent of AED 90,000 a year (36 Ejari contracts in 12 months) over a price benchmark of AED 1.57M (median of 6 sales in the last 12 months, latest Aug 2026), before service charge, agency fees or vacant months.
How much does a 1 bedroom in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 cost?
The median registered sale price is AED 1.57M (2,115 AED/sqft), from 6 Dubai Land Department sales in the last 12 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 12 selling for right now?
Registered sales of ready units in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 over the last 12 months have a median of 2,115 AED/sqft, across 6 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
Have prices in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 risen or fallen?
Median price per square foot moved -5.0% over the last 12 months against the 12 before it, on 6 sales with a price per square foot. 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 12 compare with District One?
Its 5.7% gross yield sits -0.3 pts against the District One median of 6.0%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.

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Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
6 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts
Canonical record
/sale/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-12
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 sale prices and yield.” District One, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/mbr-city-district-one/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-12

Stable dataJSON