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 5.

Area view, not a building-specific photograph

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5, Dubai

Al MerkadhMostly ready sales

Homes sold for a median AED 2,160 per sq ft. There were 48 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 1,650,000.

Get a price for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

Image: Sobha Realty

Median sold price
AED 2,160
Per sq ft, 5 years to 5 Oct 2026
Last sale
9 Feb 2026
Registered sales
48
5 years
Lowest recent sale
AED 1,550,000
Recent sales shown below
Typical price
1BRAED 1.65M2BRAED 2.97M3BRAED 4.35M
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 52,232Last recorded: 12 months to Oct 2026

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

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 median AED per sq ft, year by yearSale figures only. Gaps mark missing values. See the table below for exact figures.1,5691,7942,0182,2422,46620222023202420252026Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 1,720, 12 months to Oct 2022Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 2,201, 12 months to Oct 2023Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 2,160, 12 months to Oct 2024Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 2,242, 12 months to Oct 2025Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 2,232, 12 months to Oct 2026Al 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 20262,232

Exact registered values are available in the data table below.

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5: 5 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 5 median AED per sq ft, year by year
PeriodMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5Al Merkadh median
12 months to Oct 20221,7201,626
12 months to Oct 20232,2011,850
12 months to Oct 20242,1601,825
12 months to Oct 20252,2422,047
12 months to Oct 20262,2322,055

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 1.65M38 registered sales
2 bedroomsAED 2.97M6 registered sales
3 bedroomsAED 4.35M4 registered sales
HomeSalesMedian price, roundedSize, sq ftAED per sq ftArea rent a yearRent-to-price comparison
1 bedroom38AED 1.65M7562,183AED 100,000–
2 bedrooms6AED 2.97M1,3082,269AED 165,000–
3 bedrooms4AED 4.35M1,7842,438AED 260,000–

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 5 sales shown below.

Latest registered sales
2026-02-091 bedroomReady7671,740,0002,269
2026-02-061 bedroomReady7581,550,0002,045
2025-11-031 bedroomReady7561,660,0002,196
2025-10-161 bedroomReady7501,800,0002,400
2025-04-293 bedroomsReady1,7844,000,0002,242
2025-03-121 bedroomReady7581,700,0002,243
2025-03-041 bedroomReady7581,750,0002,309
2025-03-031 bedroomReady7501,720,0002,293

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 bedroom72025-03-032026-02-092,0452,400

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 5.

What is the price per sq ft in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5?

The median sold price was AED 2,160 per sq ft. There were 48 sales over the last 5 years to 5 Oct 2026. The last sale was on 9 Feb 2026.

How much does a 1-bedroom home in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 cost?

The median price for a 1-bedroom home was AED 1,650,000. The median size was about 756 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 5 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.