Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11, Mohammed Bin Rashid Al Maktoum City District One: sale prices and transactions
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 is a project registered with the Dubai Land Department (project no. 2226) in Mohammed Bin Rashid Al Maktoum City District One. Since February 2021, 189 residential sales have been registered there, the latest in October 2026. Over the last 12 months, 8 sales closed at a median AED 22,955 per m² (AED 2,133 per sq ft).
- AED 22,955median price per m²
- AED 2,133median price per sq ft
- 189sales since 2021
- 8sales in 12 months
Its price per m² is 7.3% above the Mohammed Bin Rashid Al Maktoum City District One median (AED 21,387/m²). Most sales (81.5%) were registered off-plan: the project was sold before completion.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 prices by bedroom
Median sale price and median size, DLD sales over the last 12 months (at least 3 sales per row).
| Unit type | Sales | Median price | Median size |
|---|---|---|---|
| Apartment · 1 bedroom | 3 | AED 1,825,000 | 80 m² |
| Apartment · 2 bedrooms | 3 | AED 2,500,000 | 125 m² |
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2021 | 119 | AED 19,499 | AED 1,812 | — |
| 2022 | 7 | AED 19,859 | AED 1,845 | +1.8% |
| 2023 | 25 | AED 21,167 | AED 1,966 | +6.6% |
| 2024 | 19 | AED 24,071 | AED 2,236 | +13.7% |
| 2025 | 14 | AED 20,824 | AED 1,935 | -13.5% |
| 2026 (to mid-October) | 5 | AED 22,890 | AED 2,127 | +9.9% |
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 rents
49 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 2 bedrooms | 27 | AED 162,000 | 150,000 – 185,000 | AED 162,500 |
| Apartment · 3 bedrooms | 17 | AED 250,000 | 220,000 – 300,000 | AED 246,408 |
Location
- Nearest metro: Business Bay Metro Station
- Shopping mall: Dubai Mall
- Landmark: Downtown Dubai
Neighbouring projects in Mohammed Bin Rashid Al Maktoum City District One
Same price per m² elsewhere in Dubai
- Vera Tower, Business Bay — AED 22,939/m²
- Parkside Hills, Dubai Hills Estate — AED 22,967/m²
- The Sustainable City, The Sustainable City — AED 22,982/m²
- Bellevue Towers, Downtown Dubai — AED 22,907/m²
Other projects in Mohammed Bin Rashid Al Maktoum City District One
- Naya at District One — AED 22,925/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23 — AED 23,132/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 6 — AED 23,406/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5 — AED 23,633/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 22 — AED 22,253/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7 — AED 23,779/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 19 — AED 22,114/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 — AED 23,841/m²
Mohammed Bin Rashid Al Maktoum City District One property prices · Mohammed Bin Rashid Al Maktoum City District One rents · Dubai property prices
Frequently asked questions
What is the price per sq ft at Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11?
Over the last 12 months the median is AED 2,133 per sq ft (AED 22,955 per m²) across 8 DLD sales.
How much is a 1 bedroom at Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11?
Median sale price AED 1,825,000 for a median 80 m², across 3 sales over the last 12 months.
How many sales have been registered at Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11?
189 residential sales registered with the DLD between February 2021 and October 2026, 81.5% of them off-plan.
Where is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11?
In Mohammed Bin Rashid Al Maktoum City District One (DLD area 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.