Mohammed Bin Rashid Al Maktoum City District One property prices: price per sq ft and sales in 2026
Property prices in Mohammed Bin Rashid Al Maktoum City District One stand at a median AED 21,387 per m² (AED 1,987 per sq ft) over the last 12 months, based on the 169 residential sales registered with the Dubai Land Department between October 16, 2025 and October 16, 2026. That is an adjustment of 10.3% on the previous 12 months. Sales reached AED 407.4 million.
- AED 21,387median price per m²
- AED 1,987median price per sq ft
- 169sales in 12 months
- -10.3%change year on year
- 10.7%off-plan share of sales
With a price per m² 15.3% above the Dubai median (AED 18,545/m²), Mohammed Bin Rashid Al Maktoum City District One sits in the core of the Dubai market (#57 of 154 by price per m²). 89.3% of sales are ready homes: an established resale market where you can view before you buy.
Apartment and villa prices in Mohammed Bin Rashid Al Maktoum City District One
Median sale price and median size by unit type and bedrooms, DLD sales over the last 12 months.
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 104 | AED 1,522,285 | 71 m² |
| Apartment · 2 bedrooms | 39 | AED 2,700,000 | 122 m² |
| Apartment · 3 bedrooms | 21 | AED 4,225,000 | 165 m² |
| Apartment · 4 bedrooms | 5 | AED 8,500,000 | 307 m² |
Price per m² range in Mohammed Bin Rashid Al Maktoum City District One
Half of the sales over the last 12 months closed between AED 19,686 and AED 23,881 per m² (AED 1,829 to 2,219 per sq ft). The spread reflects floor, view, building age and finish level: these are the points that drive the price.
Mohammed Bin Rashid Al Maktoum City District One price trend since 2019
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2019 | 203 | AED 17,330 | AED 1,610 | — |
| 2020 | 490 | AED 18,083 | AED 1,680 | +4.3% |
| 2021 | 448 | AED 18,599 | AED 1,728 | +2.9% |
| 2022 | 709 | AED 18,263 | AED 1,697 | -1.8% |
| 2023 | 657 | AED 21,380 | AED 1,986 | +17.1% |
| 2024 | 632 | AED 22,992 | AED 2,136 | +7.5% |
| 2025 | 216 | AED 23,812 | AED 2,212 | +3.6% |
| 2026 (to mid-October) | 131 | AED 20,691 | AED 1,922 | -13.1% |
Rents and rental yield in Mohammed Bin Rashid Al Maktoum City District One
Median annual rent of Ejari contracts started over the last 12 months. Indicative gross yield: 1 bedroom 6.2%, 2 bedrooms 6%, 3 bedrooms 6.1%.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 573 | AED 95,000 | 85,000 – 108,000 | AED 95,000 |
| Apartment · 2 bedrooms | 173 | AED 162,000 | 149,599 – 190,000 | AED 157,500 |
| Apartment · 3 bedrooms | 59 | AED 256,087 | 212,308 – 330,000 | AED 252,500 |
| Villa / townhouse · 4 bedrooms | 79 | AED 650,000 | 525,000 – 750,000 | AED 650,000 |
| Villa / townhouse · 5+ bedrooms | 25 | AED 1,250,000 | 1,025,000 – 1,550,000 | AED 1,250,000 |
All rents and yields in Mohammed Bin Rashid Al Maktoum City District One →
Most traded projects in Mohammed Bin Rashid Al Maktoum City District One
All tracked projects in Mohammed Bin Rashid Al Maktoum City District One
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 19
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 24
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 21
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 27
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 29
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 17
Getting around Mohammed Bin Rashid Al Maktoum City District One
Landmarks most often recorded in the area's DLD transactions:
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Compare with other areas
Areas with a similar price per m²:
- Dubai Marina — AED 21,164/m² · Dubai Marina rents
- Dubai Hills - Maple 2 — AED 21,106/m² · Dubai Hills - Maple 2 rents
- Al Jadaf — AED 21,782/m² · Al Jadaf rents
- Dubai Hills - Maple 3 — AED 21,810/m² · Dubai Hills - Maple 3 rents
- Dubai Health Care City Phase 2 — AED 21,864/m² · Dubai Health Care City Phase 2 rents
- Sobha Hartland — AED 21,864/m² · Sobha Hartland rents
Frequently asked questions
What is the price per square foot in Mohammed Bin Rashid Al Maktoum City District One?
The median is AED 1,987 per sq ft (AED 21,387 per m²), across 169 residential sales registered with the DLD from October 16, 2025 to October 16, 2026.
How much is an apartment in Mohammed Bin Rashid Al Maktoum City District One?
A one-bedroom sold for a median AED 1,522,285 (71 m²) and a two-bedroom for AED 2,700,000 (122 m²) over the last 12 months, according to DLD sales.
Are prices rising in Mohammed Bin Rashid Al Maktoum City District One?
The median price per m² moved -10.3% between the previous 12 months (AED 23,830/m²) and the last 12 months (AED 21,387/m²).
Off-plan or ready property in Mohammed Bin Rashid Al Maktoum City District One?
10.7% of sales over the last 12 months were off-plan and 89.3% were ready homes. Off-plan gives access to developer payment plans; ready homes can be rented out straight away. A Cevitas advisor compares both on your budget.
What rental yield can you expect in Mohammed Bin Rashid Al Maktoum City District One?
Dividing the median Ejari annual rent by the median DLD sale price gives an indicative gross yield of 6.2% for a 1 bedroom, 6% for a 2 bedrooms, 6.1% for a 3 bedrooms, before service charges and vacancy.
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.