Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28, Mohammed Bin Rashid Al Maktoum City District One: sale prices and transactions
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28 is a project registered with the Dubai Land Department (project no. 2253) in Mohammed Bin Rashid Al Maktoum City District One. Since July 2022, 69 residential sales have been registered there, the latest in August 2026. Over the last 12 months, 3 sales closed at a median AED 20,634 per m² (AED 1,917 per sq ft).
- AED 20,634median price per m²
- AED 1,917median price per sq ft
- 69sales since 2022
- 3sales in 12 months
Its price per m² is 3.5% below the Mohammed Bin Rashid Al Maktoum City District One median (AED 21,387/m²). Sales combine off-plan purchases (63.8%) and resales of completed homes.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28 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 1,470,000 | 73 m² |
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28 price history
| Year | Sales | Median / m² | Median / sq ft | Change |
|---|---|---|---|---|
| 2022 | 38 | AED 20,828 | AED 1,935 | — |
| 2023 | 12 | AED 23,255 | AED 2,160 | +11.7% |
| 2024 | 12 | AED 20,593 | AED 1,913 | -11.4% |
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28 rents
10 Ejari contracts started in the project over the last 12 months.
| Unit type | Contracts | Median annual rent | Middle 50% range | New leases |
|---|---|---|---|---|
| Apartment · 1 bedroom | 9 | AED 95,000 | 90,000 – 110,000 | — |
Neighbouring projects in Mohammed Bin Rashid Al Maktoum City District One
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23 prices
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7 prices
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 19 prices
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18 prices
Same price per m² elsewhere in Dubai
- Samana Imperial Garden, Arjan — AED 20,598/m²
- Park Gate Residences, Wasl 1 — AED 20,663/m²
- Azizi Riviera 40, Meydan One Community — AED 20,598/m²
- Haven Bay Residences, Palm Deira — AED 20,674/m²
Other projects in Mohammed Bin Rashid Al Maktoum City District One
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 — AED 20,578/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 14 — AED 20,691/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2 — AED 20,723/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18 — AED 21,208/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 13 — AED 21,217/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1 — AED 19,687/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 26 — AED 19,686/m²
- Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3 — AED 21,625/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 28?
Over the last 12 months the median is AED 1,917 per sq ft (AED 20,634 per m²) across 3 DLD sales.
How much is a 1 bedroom at Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28?
Median sale price AED 1,470,000 for a median 73 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 28?
69 residential sales registered with the DLD between July 2022 and August 2026, 63.8% of them off-plan.
Where is Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28?
In Mohammed Bin Rashid Al Maktoum City District One (DLD area Al Merkadh), Dubai.
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.