Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 (Al Merkadh, Dubai) Price Analytics

Units in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 sold at a median price of AED 2,236 per sqft over the last 12 months, based on 6 registered sales in Al Merkadh. That is about 7.5% above the Al Merkadh district median. The dashboard above opens on this project; the FAQs below cover prices, yields and off-plan activity.

Median sale price per sqft by year
YearMedian AED/sqftRegistered sales
2023AED 1,8659
2024AED 2,1517
2025AED 2,1306
2026 (so far)AED 2,3072

Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 prices, yields & off-plan - FAQs

What is the average price per square foot in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23?

Units in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 in Al Merkadh, Dubai sold at a median price of AED 2,236 per sqft over the last 12 months, across 6 registered sales. The median transaction value was AED 1,715,000.

How do Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 prices compare with Al Merkadh overall?

Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 trades about 7.5% above the Al Merkadh district median of the last 12 months, based on registered sale prices per sqft. See Al Merkadh price trends for the full area picture.

How much does an apartment in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 cost?

Registered 12-month median prices by layout - 1-bedroom: AED 1,700,000 (median of 5 sales).

What rental yield can I expect in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23?

Indicative gross yields using registered Al Merkadh rents against Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 sale prices for the same bedroom count - 1-bedroom: about 5.0% (AED 84,641 district rent vs AED 1,700,000 in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23). Gross yield excludes service charges and fees.

Where does this Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 23 data come from?

All figures are computed from official DLD (Dubai Land Department) registered transaction records and refreshed with our daily data pipeline. Figures are medians and indicative only, not valuations.

Source: DLD (Dubai Land Department). Data updated 2026-07-11. Medians are computed from registered residential sales; figures are indicative, not valuations.

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