Al Merkadh, Dubai: project image from Sobha Realty. Area context, not a photograph of Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1.

Area view, not a building-specific photograph

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1, Dubai

Al MerkadhMostly ready sales

Homes sold for a median AED 2,196 per sq ft. There were 44 sales in the last 5 years.

Mostly ready sales in Al Merkadh. Part of Mohammed Bin Rashid AL Maktoum City -District -1 Community. One of the 27 buildings of Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences. A typical 1-bedroom home sold for AED 1,702,740.

Get a price for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1

Image: Sobha Realty

Median sold price
AED 2,196
Per sq ft, 5 years to 5 Oct 2026
Last sale
23 Sept 2025
Registered sales
44
5 years
Lowest recent sale
AED 1,500,000
Recent sales shown below
Typical price
1BRAED 1.7M2BRAED 3.03M
Rounded registered medians, the last 5 years to 5 Oct 2026

Price per sq ft over five years

Median sold price in each 12-month period to the month shown. Gaps mean fewer than 3 sales that year.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 12,327Last recorded: 12 months to Oct 2025

Al Merkadh median2,055Last recorded: 12 months to Oct 2026

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1 median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.1,3961,6291,8622,0942,3272,56020222023202420252026Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1: 2,213, 12 months to Oct 2022Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1: 2,150, 12 months to Oct 2023Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1: 2,199, 12 months to Oct 2024Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1: 2,327, 12 months to Oct 2025Al Merkadh median: 1,626, 12 months to Oct 2022Al Merkadh median: 1,850, 12 months to Oct 2023Al Merkadh median: 1,825, 12 months to Oct 2024Al Merkadh median: 2,047, 12 months to Oct 2025Al Merkadh median: 2,055, 12 months to Oct 20262,327

Exact registered values are available in the data table below.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1: 4 periods with values of 5 labelled periods.Al Merkadh median: 5 periods with values of 5 labelled periods. Missing values break the line; they are not treated as zero.
View chart data
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1 median AED per sq ft, year by year
PeriodMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1Al Merkadh median
12 months to Oct 20222,2131,626
12 months to Oct 20232,1501,850
12 months to Oct 20242,1991,825
12 months to Oct 20252,3272,047
12 months to Oct 2026Not reported2,055

Source: Land Department open data, 5 Oct 2026. Prices describe homes sold, not a valuation.

The chart compares the same rolling annual periods. A percentage discount is withheld when the building and area aggregate medians use different sale windows.

By number of bedrooms

Compare the median price paid for each home size.

1 bedroomAED 1.7M38 registered sales
2 bedroomsAED 3.03M6 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom38AED 1.7M7812,180AED 100,000–
2 bedrooms6AED 3.03M1,3732,208AED 165,000–

Source: Land Department open data. Sale medians cover the last 5 years, to 5 Oct 2026. Rent source: Dubai Data (datadubai.ae), Continental Club Property. Area rents: Ejari, Mohammed Bin Rashid AL Maktoum City -District -1 Community.

The sale medians cover five years. Area rent is separate context; no yield is calculated against these historical sale medians.

Rents cover the whole community, not this building alone. They are the median Ejari rent for each home size. The rent-to-price comparison uses area rent and this building's sale median, before costs. It is not an observed building lease yield. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated.

Get advice on Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1

Tell us what you need. With your consent, we share your request with the developer or agent for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1, who may contact you about it.

Registered sales in the historical sample

Compare the recorded prices, sizes and dates of the Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1 sales shown below.

Latest registered sales
2025-09-231 bedroomReady8851,500,0001,695
2025-05-151 bedroomReady9242,150,0002,327
2025-02-062 bedroomsReady1,3733,215,0002,342
2024-05-311 bedroomReady7811,750,0002,241
2024-05-071 bedroomReady8311,775,0002,136
2024-04-181 bedroomReady7811,687,0002,160
2023-11-131 bedroomReady7811,950,0002,497
2023-08-171 bedroomReady8312,065,3152,485

These are the supplied filtered historical sale records, through 5 Oct 2026. The price-range table below uses these records only.

Source: Land Department open data, 5 Oct 2026. Records don't include unit numbers, so individual homes can't be identified.

How far apart are recorded prices for the same home size?

Compare the lowest and highest price per sq ft for each home size. Use the dates to see how recent these sales are.

Price ranges in the supplied sale subset
1 bedroom72023-08-172025-09-231,6952,497

Source: Land Department historical sale records, through 5 Oct 2026. A range needs five or more valid records. This is the supplied subset, not every sale or a market valuation. Homes with the same bedroom count can differ in floor area, condition and view. Read the individual records above before comparing a quote.

Check costs with your current quote

The sale prices above are five-year medians. Enter your current purchase price and expected rent in the calculator before comparing costs or yield.

Calculate costs with your own figures

Questions people ask

These answers explain the prices and registered sales shown for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1.

What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1?

The median sold price was AED 2,196 per sq ft. There were 44 sales over the last 5 years to 5 Oct 2026. The last sale was on 23 Sept 2025.

How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1 cost?

The median price for a 1-bedroom home was AED 1,702,740. The median size was about 781 sq ft. This covers 38 sales in the last 5 years.

What rent does a 1-bedroom home near Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 1 get?

The median rent for that home size in Mohammed Bin Rashid AL Maktoum City -District -1 Community was AED 100,000 a year. The publisher sample has 561 Ejari contract records. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. No yield is calculated against the historical five-year sale median.

Sources

Source update: 26 Oct 2026. Source: Dubai Land Department open data via Dubai Pulse, re-published by Dubai Real Estate Data (dataset), licensed CC BY 4.0. Sales to 5 Oct 2026. aggregated to medians; non-residential, land and flagged rows excluded. Source for rents, yields and project records: Dubai Data (datadubai.ae), Continental Club Property, based on Dubai Land Department open data, data to 22 Oct 2026, licensed CC BY 4.0. Publisher contract sample, register data to 22 Oct 2026; the lease period is not stated. Publisher-reported gross yields use the publisher matched-segment sale-price denominator, not this page’s sale median; the matched-sale reporting period is not stated.