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Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12
What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.
69 tenancies naming Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 were registered in the last twelve months, below.
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- Community
- Mohammed Bin Rashid City
- Nearest metro
- Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
- Handed over
- 2024 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
- First on record
- 2019 — an off-plan sale
- Sales on record
- 269 — registered at the Dubai Land Department, the latest August 2026
- Off-plan share
- 75% — 203 bought off-plan from the developer, 66 resales of a completed home
Recorded rent per sq ft
AED 120
a year · 69 contracts here, 12 months
Mean AED 121 a year
Gross yield
5.6%
1 B/R · its own rents over its own sale prices
Recorded sale price
AED 2,215
per sq ft · 269 sales on record
Handed over
2024
Derived from the register
Recorded rents
What Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 rents for, by layout
Tenancies registered with Ejari that name Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12, last twelve months. Annual rents, medians.
| Layout | Typical size | Median rent | Mean rent | Per sq ft / year | Contracts |
|---|---|---|---|---|---|
| 1 B/R | 749 sqft | 90,000 | 91,669 | 120 | 47 |
| 2 B/R | 1,183 sqft | 145,000 | 148,105 | 126 | 21 |
Layouts with fewer than five contracts in the year are left out. 199 contracts name this building on the register since 2024.
For comparison
Recorded rents in Mohammed Bin Rashid City
How Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 sits against its community. The full Mohammed Bin Rashid City rental report →
| Layout | Median rent | Mean rent | New lease | Renewal | Per sq ft / year | Contracts |
|---|---|---|---|---|---|---|
| Studio | 48,000 | 49,919 | 50,000 | 47,250 | 133 | 5,581 |
| 1 B/R | 80,000 | 84,008 | 81,000 | 78,750 | 126 | 9,003 |
| 2 B/R | 130,000 | 132,436 | 130,000 | 125,000 | 122 | 5,023 |
| 3 B/R | 220,000 | 238,368 | 215,000 | 222,750 | 117 | 1,775 |
| 4 B/R | 280,000 | 357,763 | 280,000 | 275,000 | 92 | 1,380 |
| 5 B/R | 680,000 | 743,649 | 800,000 | 450,000 | 113 | 419 |
| 6 B/R | 1,722,654 | 1,791,059 | 2,000,000 | 1,000,000 | 132 | 90 |
Rent against price
Gross yield in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12
This building's own recorded rent per square foot a year over its own recorded resale price per square foot, layout by layout.
| Layout | Rent / sq ft / year | Rent from | Sale / sq ft | Gross yield |
|---|---|---|---|---|
| 1 B/R | 120 | This building · 47 | 2,140 | 5.6% |
| 2 B/R | 126 | This building · 21 | 2,404 | 5.2% |
Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.
Every tenancy, as registered
Recent contracts in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12
The latest tenancies registered with Ejari naming this building, newest first.
| Start | Layout | Size | Annual rent | Type |
|---|---|---|---|---|
| 20 Oct 2026 | 2 B/R | 1,096 | 120,000 | New lease |
| 20 Oct 2026 | 2 B/R | 1,186 | 135,000 | New lease |
| 16 Oct 2026 | 1 B/R | 749 | 69,231 | New lease |
| 16 Oct 2026 | 1 B/R | 752 | 72,000 | New lease |
| 15 Oct 2026 | 1 B/R | 752 | 80,000 | New lease |
| 8 Oct 2026 | 1 B/R | 752 | 90,000 | New lease |
| 3 Oct 2026 | 1 B/R | 748 | 90,000 | Renewal |
| 2 Oct 2026 | 1 B/R | 748 | 85,000 | New lease |
| 2 Oct 2026 | 1 B/R | 747 | 80,000 | New lease |
| 1 Oct 2026 | 2 B/R | 1,299 | 175,000 | New lease |
| 1 Oct 2026 | 1 B/R | 748 | 85,000 | New lease |
| 30 Sept 2026 | 1 B/R | 747 | 80,000 | New lease |
How often it lets
Contracts per year
New tenancies and renewals naming Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12, stacked.New leaseRenewal
69
74
56
202420252026
56 contracts in 2026 so far. The 2026 bar is part-year.
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Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 21 Oct 2026.
Nearby
What else to look at in Mohammed Bin Rashid City
The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.
| Building | Recorded sales | First traded | Median per sq ft |
|---|---|---|---|
| Numa Reservenewest | 26 | 2026 | 2,817 |
| Art House Private Residences By Vivanewest | 42 | 2026 | 1,959 |
| Sobha Creek Vistas Tower B | 600 | 2019 | 1,737 |
| Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 6 | 104 | 2019 | 1,734 |
| Wilton Park Residences 1 | 229 | 2019 | 1,726 |
| Waves Grande | 691 | 2021 | 1,725 |
| Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 24 | 93 | 2021 | 1,716 |
| Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 | 160 | 2019 | 1,698 |
| District One West Phase I | 660 | 2023 | 1,690 |
| Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 14 | 216 | 2018 | 1,690 |
Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.
Moving into Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12? Ejari, the DEWA move-in and your Makani number, explained.