Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 property prices & sales
Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 at a glance written from registered records
Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 recorded 18 registered sales in the last 12 months, worth AED 575.40M in total. The median price was AED 2,834 per sq ft, up 13.3% on the previous 12 months, and the median sale price was AED 24.25M. 0.0% of these sales were off-plan and 100.0% were ready properties. Across 56 rental contracts registered in the same period, the median annual rent was AED 1,050,000, an indicative gross yield of 4.3%.
Median price per sq ft by year registered sales
| Year | Sales | Median AED/sq ft | Median price |
|---|---|---|---|
| 2026 | 13 | 2,729 | AED 22.50M |
| 2025 | 16 | 2,694 | AED 23.75M |
| 2024 | 33 | 2,502 | AED 20.50M |
| 2023 | 40 | 2,103 | AED 19.35M |
| 2022 | 40 | 1,813 | AED 16.00M |
| 2021 | 53 | 1,414 | AED 13.00M |
| 2020 | 40 | 1,016 | AED 9.21M |
| 2019 | 29 | 1,000 | AED 7.80M |
| 2018 | 27 | 1,116 | AED 9.75M |
| 2017 | 32 | 1,215 | AED 11.72M |
| 2016 | 48 | 1,340 | AED 12.60M |
Prices by bedroom last 24 months · entry = lower quarter, premium = upper quarter
| Type | Sales | Entry | Typical | Premium | AED/sq ft | Typical size |
|---|---|---|---|---|---|---|
| Unspecified | 37 | AED 18.50M | AED 22.50M | AED 36.50M | 2,673 | 8,490 sq ft |
Who's buying last 12 months
Cash vs mortgage is indicative: new mortgage registrations compared with sales in the same period.
Latest registered sales
| Date | Type | Beds | Building | Sq ft | Price | AED/sq ft |
|---|---|---|---|---|---|---|
| 2026-08-24 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 8,490 | AED 20,000,000 | 2,356 |
| 2026-07-22 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 7,878 | AED 16,800,000 | 2,132 |
| 2026-06-30 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 7,535 | AED 14,000,000 | 1,858 |
| 2026-06-12 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 9,761 | AED 26,000,000 | 2,664 |
| 2026-05-08 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 7,725 | AED 21,000,000 | 2,718 |
| 2026-04-24 | Villa | – | Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 8,353 | AED 31,700,000 | 3,795 |
The full report lists every registered sale, with filters by bedroom and date. Open it free.
Questions about Mohammed Bin Rashid Al Maktoum City- District One, Phase 1
What is the average price per sq ft in Mohammed Bin Rashid Al Maktoum City- District One, Phase 1?
Over the last 12 months the median registered sale price in Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 was AED 2,834 per sq ft (+13.3% year on year).
What is the rental yield in Mohammed Bin Rashid Al Maktoum City- District One, Phase 1?
Comparing the median annual rent (AED 1,050,000) with the median sale price (AED 24,250,000) over the last 12 months gives an indicative gross yield of 4.3%.
How many properties sold in Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 in the last 12 months?
18 sales were registered in the last 12 months, 0.0% of them off-plan.
What is the average rent in Mohammed Bin Rashid Al Maktoum City- District One, Phase 1?
The median annual rent across 56 contracts registered in the last 12 months was AED 1,050,000.
Comparables in Al Merkadh 12m
Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 ranks #2 of 95 by price per sq ft.
| Project | Sales | AED/sq ft |
|---|---|---|
| Azizi Riviera Reve | 83 | 2,974 |
| Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | 18 | 2,834 |
| Azizi Riviera 49 | 77 | 2,318 |
| Azizi Riviera 50 | 81 | 2,309 |
| Sobha Hartland - The Crest | 239 | 2,235 |
| Sobha Hartland Waves | 55 | 2,178 |
| Azizi Riviera Beachfront | 104 | 2,133 |
| Sobha Creek Vistas Heights | 107 | 2,076 |
| Sobha Creek vistas Reserve | 62 | 2,038 |
| Azizi Riviera 68 | 67 | 1,983 |
| Sobha Hartland - Crest Grande | 190 | 1,952 |
| Sobha Creek Vistas | 123 | 1,875 |
| Sobha Hartland Greens - Phase III | 51 | 1,787 |
Project record
| Developer | District One - FZ |
| Status | Finished |
| Completion | 100% |
| Handover | 2020-03-31 |
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Data sourced from the Dubai Open Data portal (data.dubai) under the Dubai Open Data Licence; originating entity: Dubai Land Department. GetYaData is an independent service and is not affiliated with, endorsed by or associated with the Dubai Land Department or the Government of Dubai. Figures are indicative — not a valuation.
