How does Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 compare with Mohammed Bin Rashid City District One?

Its 6.06% gross yield sits -0.7 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.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 — sale prices & yield | Mohammed Bin Rashid City District One, Dubai

Buy: 1.98MAED; AED 2,435/sqft
Long-let: 6.06%; AED 120,000/yr

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

Yield spread: -0.7 pts; vs the Mohammed Bin Rashid City District One median for this unit type
AED/yr/sqft: AED 143
Sales: 5
Rental contracts: 26
Renewal rent: AED 125,000/yr

12 months: -19.6%
3 years: -14.1%-4.9%/yr

Based on 5 sales and 26 rental contracts in the last 24 months.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 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 3 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, 136 registered sales in all — the 5 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 3, 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 1.98M	2435	6.06% -0.7 pts	-19.6%	5

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.

Off-plan vs resale

Units sold off-plan in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 between 2018 and 2018 went for a median of AED 1,500/sqft (AED 1.17M). The same building resells today at AED 2,435/sqft (AED 1.98M) — an uplift of +69.7%.

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
11 Sept 2026	1 bed	781	AED 78,000	100	New
23 Jul 2026	1 bed	767	AED 90,000	117	New
10 Jul 2026	1 bed	831	AED 90,000	108	Renewal

3 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: 5
Lifts: 2
Parking bays: 32

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.

Highest rental yields in Mohammed Bin Rashid City District One · Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 places 12th of 19

Common questions

What is the rental yield in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3?: Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 returns 6.06% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 26 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 3 cost?: The median registered sale price is AED 1.98M (2,435 AED/sqft), from 5 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 3 risen or fallen?: Median price per square foot moved -19.6% over the last 12 months against the 12 before it, on 5 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 3 compare with Mohammed Bin Rashid City District One?: Its 6.06% gross yield sits -0.7 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.
Did off-plan buyers in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3 make money?: Units bought off-plan between 2018 and 2018 later resold +69.7% against their launch median. Only units that actually resold can appear, so this figure skews toward the ones that performed.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3