How does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 compare with Mohammed Bin Rashid City District One?

Its 6.47% gross yield sits -0.3 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.

Does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 earn more short-let than long-let?

A night asks a median of AED 682, which models to 8.85% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.47% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 — sale prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.75MAED; AED 2,199/sqft
Long-let: 6.47%; AED 110,000/yr
Short-let: 8.85%; AED 682/night · 0.86/sqft

Priced off the last 5 sales — most recent October 2025.

Yield spread: -0.3 pts; vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft: AED 140
Sales: 24
Rental contracts: 15
Renewal rent: AED 101,538/yr

12 months: -5.3%
3 years: +15.7%+5.0%/yr

Based on 24 sales and 15 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 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 21 development. Land Department records for it run from 2022 to 2025, 180 registered sales in all — the 24 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 1.75M	2199	6.47% -0.3 pts	-5.3%	24
2 bed	AED 3.38M	2433	—	—	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 21

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”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed	682	0.86	AED 154,929	AED 110,000	1.4×	8.85%	3+
2 bed500m	1,021	0.74	AED 228,654	AED 215,000	1.1×	6.77%	7+

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.

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 21 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 21 between 2022 and 2022 went for a median of AED 1,617/sqft (AED 1.26M). The same building resells today at AED 2,210/sqft (AED 1.75M) — an uplift of +38.4%.

Based on 31 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.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
30 Jun 2026	1 bed	832	AED 85,000	102	New

1 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: 5
Lifts: 2
Parking bays: 33

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 21 places 10th of 19

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21?: Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 returns 6.47% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 15 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 21 cost?: The median registered sale price is AED 1.75M (2,199 AED/sqft), from 24 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 21 risen or fallen?: Median price per square foot moved -5.3% over the last 12 months against the 12 before it, on 24 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 21 compare with Mohammed Bin Rashid City District One?: Its 6.47% gross yield sits -0.3 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.
Does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 earn more short-let than long-let?: A night asks a median of AED 682, which models to 8.85% net at an assumed 80% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.47% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21