Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas, Al Merkadh: sale prices and transactions
Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas is a project registered with the Dubai Land Department (project no. 1496) in Al Merkadh. Since May 2015, 36 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 1 sales closed at a median AED 24,565 per m² (AED 2,282 per sq ft).
- AED 24,565median price per m²
- AED 2,282median price per sq ft
- 36sales since 2015
- 1sales in 12 months
Its price per m² is 11.3% above the Al Merkadh median (AED 22,062/m²). 100% of sales are completed homes: an established project with a resale track record.
Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2023 | 5 | AED 23,568 | AED 2,190 | — |
| 2024 | 6 | AED 23,930 | AED 2,223 | +1.5% |
Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas rents
60 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Villa / townhouse · 4 bedrooms | 28 | AED 900,000 | 856,250 – 1,000,000 | AED 900,000 |
| Villa / townhouse · 5+ bedrooms | 32 | AED 1,275,000 | 1,000,000 – 1,950,000 | AED 1,275,000 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Same price per m² elsewhere in Dubai
- Azizi Riviera 63, Meydan One Community — AED 24,559/m²
- Bay Grove Residences, Dubai Islands, Palm Deira — AED 24,566/m²
- Grand Views, Nad Al Shiba First — AED 24,532/m²
- Avida Residences, Palm Deira — AED 24,622/m²
Other projects in Al Merkadh
Al Merkadh property prices · Al Merkadh rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas?
Over the last 12 months the median is AED 2,282 per sq ft (AED 24,565 per m²) across 1 DLD sales.
How many sales have been registered at Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas?
36 residential sales registered with the DLD between May 2015 and October 2026, 0% of them off-plan.
Where is Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas?
In Al Merkadh, Dubai; nearest metro station per the DLD: Business Bay Metro Station.
Sources and method
Sales: Dubai Land Department "Real Estate Transactions" dataset (data.dubai), registered residential sales (apartments, villas and townhouses) from October 16, 2025 to October 16, 2026 for the last 12 months. Price per m² = sale price / registered area; we use the median, which is less sensitive to unusual deals. 1 m² = 10.764 sq ft.
Rents: DLD "Rent Contracts" (Ejari) dataset (data.dubai), single-unit residential contracts starting between October 20, 2025 and October 20, 2026, median annual rent. The gross yield shown is the median rent divided by the median price of the same unit type: a market benchmark, before service charges and vacancy.
Data published under the Dubai Open Data Licence, downloaded on 20 October 2026 and analysed by Cevitas Real Estate. They describe past transactions and are not a valuation or investment advice.