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 27.

Area view, not a building-specific photograph

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27, Dubai

Al MerkadhMostly off-plan sales

Homes sold for a median AED 1,778 per sq ft. There were 62 sales in the last 5 years.

Mostly 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 1,456,182.

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Image: Sobha Realty

Median sold price
AED 1,778
Per sq ft, 5 years to 5 Oct 2026
Last sale
15 Aug 2023
Registered sales
62
5 years
Lowest recent sale
AED 1,456,182
Recent sales shown below
Typical price
1BRAED 1.46M2BRAED 2.59M
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 271,899Last 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 27 median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.1,4391,6441,8502,0552,26120222023202420252026Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27: 1,683, 12 months to Oct 2022Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27: 1,899, 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 20261,899

Exact registered values are available in the data table below.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27: 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 27 median AED per sq ft, year by year
PeriodMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27Al Merkadh median
12 months to Oct 20221,6831,626
12 months to Oct 20231,8991,850
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 1.46M52 registered sales
2 bedroomsAED 2.59M10 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom52AED 1.46M7821,862AED 100,000–
2 bedrooms10AED 2.59M1,3821,875AED 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 27 sales shown below.

Latest registered sales
2023-08-151 bedroomOff-Plan8311,534,7751,847
2023-08-151 bedroomOff-Plan7821,488,5141,903
2023-08-151 bedroomOff-Plan7671,456,1821,899
2023-08-152 bedroomsOff-Plan1,3822,593,3691,877
2023-08-151 bedroomOff-Plan7691,461,1251,900
2023-08-151 bedroomOff-Plan7821,487,4841,902
2023-08-151 bedroomOff-Plan8311,523,7301,834
2023-08-151 bedroomOff-Plan8311,524,7591,835

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 bedroom72023-08-152023-08-151,8341,903

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 27.

What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27?

The median sold price was AED 1,778 per sq ft. There were 62 sales over the last 5 years to 5 Oct 2026. The last sale was on 15 Aug 2023.

How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 27 cost?

The median price for a 1-bedroom home was AED 1,456,182. The median size was about 782 sq ft. This covers 52 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 27 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.