Area view, not a building-specific photograph
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23, Dubai
Homes sold for a median AED 1,837 per sq ft. There were 51 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 1,423,286.
Get a price for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23- Median sold price
- AED 1,837
- Per sq ft, 5 years to 5 Oct 2026
- Last sale
- 12 Dec 2025
- Registered sales
- 51
- 5 years
- Lowest recent sale
- AED 1,250,000
- Recent sales shown below
- Typical price
- 1BRAED 1.42M2BRAED 2.7M
- 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 232,268Last recorded: 12 months to Oct 2025
Al Merkadh median2,055Last recorded: 12 months to Oct 2026
Exact registered values are available in the data table below.
View chart data
| Period | Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23 | Al Merkadh median |
|---|---|---|
| 12 months to Oct 2022 | 1,777 | 1,626 |
| 12 months to Oct 2023 | 1,820 | 1,850 |
| 12 months to Oct 2024 | 2,003 | 1,825 |
| 12 months to Oct 2025 | 2,268 | 2,047 |
| 12 months to Oct 2026 | Not reported | 2,055 |
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.
| Home | Sales | Median price, rounded | Size, sq ft | AED per sq ft | Area rent a year | Rent-to-price comparison |
|---|---|---|---|---|---|---|
| 1 bedroom | 41 | AED 1.42M | 782 | 1,820 | AED 100,000 | – |
| 2 bedrooms | 10 | AED 2.7M | 1,382 | 1,950 | AED 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 23 sales shown below.
| 2025-12-12 | 1 bedroom | Ready | 788 | 1,600,000 | 2,030 |
| 2025-11-10 | 1 bedroom | Ready | 832 | 1,700,000 | 2,043 |
| 2025-09-23 | 1 bedroom | Ready | 767 | 1,700,000 | 2,216 |
| 2025-08-19 | 1 bedroom | Ready | 767 | 1,750,000 | 2,282 |
| 2025-07-09 | 1 bedroom | Ready | 767 | 1,740,000 | 2,269 |
| 2025-07-02 | 2 bedrooms | Ready | 690 | 1,250,000 | 1,812 |
| 2024-11-27 | 1 bedroom | Ready | 767 | 1,935,000 | 2,523 |
| 2024-08-12 | 2 bedrooms | Ready | 1,543 | 3,600,000 | 2,333 |
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.
| 1 bedroom | 6 | 2024-11-27 | 2025-12-12 | 2,030 | 2,523 |
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.
Other buildings in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences
Compare registered prices and sales, busiest first.
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 13
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 14
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 25
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5
Questions people ask
These answers explain the prices and registered sales shown for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23.
What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23?
The median sold price was AED 1,837 per sq ft. There were 51 sales over the last 5 years to 5 Oct 2026. The last sale was on 12 Dec 2025.
How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 23 cost?
The median price for a 1-bedroom home was AED 1,423,286. The median size was about 782 sq ft. This covers 41 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 23 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.