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 21.

Area view, not a building-specific photograph

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

Al MerkadhReady and off-plan sales

Homes sold for a median AED 1,810 per sq ft. There were 90 sales in the last 5 years.

Ready and off-plan 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 1,426,733.

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Image: Sobha Realty

Median sold price
AED 1,810
Per sq ft, 5 years to 5 Oct 2026
Last sale
15 Oct 2025
Registered sales
90
5 years
Lowest recent sale
AED 1,650,000
Recent sales shown below
Typical price
1BRAED 1.43M2BRAED 2.52M
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 212,210Last 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 21 median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.1,5471,7681,9892,2102,43120222023202420252026Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21: 1,704, 12 months to Oct 2023Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21: 2,210, 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 20262,210

Exact registered values are available in the data table below.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21: 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 21 median AED per sq ft, year by year
PeriodMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21Al Merkadh median
12 months to Oct 2022Not reported1,626
12 months to Oct 20231,7041,850
12 months to Oct 2024Not reported1,825
12 months to Oct 20252,2102,047
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 1.43M76 registered sales
2 bedroomsAED 2.52M14 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom76AED 1.43M7881,811AED 100,000–
2 bedrooms14AED 2.52M1,3871,820AED 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.

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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 21 sales shown below.

Latest registered sales
2025-10-151 bedroomReady7881,650,0002,094
2025-07-172 bedroomsReady1,3873,375,0002,433
2025-06-041 bedroomReady7881,666,0002,114
2025-06-021 bedroomReady7881,700,0002,157
2025-04-302 bedroomsReady1,3873,400,0002,451
2025-04-241 bedroomReady8321,800,0002,163
2025-04-211 bedroomReady7671,750,0002,282
2025-04-151 bedroomReady7881,700,0002,157

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 bedroom62025-04-152025-10-152,0942,282

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 21.

What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21?

The median sold price was AED 1,810 per sq ft. There were 90 sales over the last 5 years to 5 Oct 2026. The last sale was on 15 Oct 2025.

How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 21 cost?

The median price for a 1-bedroom home was AED 1,426,733. The median size was about 788 sq ft. This covers 76 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 21 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.