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 2.

Area view, not a building-specific photograph

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2, Dubai

Al MerkadhMostly ready sales

Homes sold for a median AED 2,125 per sq ft. There were 14 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 1,700,000.

Get a price for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2

Image: Sobha Realty

Median sold price
AED 2,125
Per sq ft, 5 years to 5 Oct 2026
Last sale
6 Nov 2025
Registered sales
14
5 years
Lowest recent sale
AED 1,450,000
Recent sales shown below
Typical price
1BRAED 1.7M
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 22,270Last recorded: 12 months to Oct 2023

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

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.1,3621,5891,8162,0432,2702,49720222023202420252026Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2: 2,056, 12 months to Oct 2022Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2: 2,270, 12 months to Oct 2023Al 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 20262,270

Exact registered values are available in the data table below.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2: 2 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 2 median AED per sq ft, year by year
PeriodMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2Al Merkadh median
12 months to Oct 20222,0561,626
12 months to Oct 20232,2701,850
12 months to Oct 2024Not reported1,825
12 months to Oct 2025Not reported2,047
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 1.7M12 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom12AED 1.7M7812,177AED 100,000–

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.

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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 2 sales shown below.

Latest registered sales
2025-11-061 bedroomReady8311,600,0001,925
2025-08-181 bedroomReady7811,650,0002,113
2025-06-191 bedroomReady8311,980,0002,383
2024-09-301 bedroomReady7811,500,0001,921
2024-05-141 bedroomReady7811,870,0002,394
2023-05-022 bedroomsReady1,5283,450,0002,258
2023-01-041 bedroomReady7671,750,0002,282
2022-11-211 bedroomReady7811,450,0001,857

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 bedroom72022-11-212025-11-061,8572,394

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 2.

What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2?

The median sold price was AED 2,125 per sq ft. There were 14 sales over the last 5 years to 5 Oct 2026. The last sale was on 6 Nov 2025.

How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 cost?

The median price for a 1-bedroom home was AED 1,700,000. The median size was about 781 sq ft. This covers 12 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 2 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.