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Community in Dubai, DLD district Al Merkadh

Mohammed Bin Rashid AL Maktoum City -District -1 Community

Mohammed Bin Rashid AL Maktoum City -District -1 Community is in the upper middle of the market: homes sold for a median AED 2,028 per sqft over the past year, against AED 1,733 for Dubai as a whole. It is a smaller market, with 214 sales in 12 months, 8% of them off-plan. A typical 1-bedroom costs about AED 1.52M and rents for about AED 100K a year, a gross yield of about 6.6%. Prices are down 8.0% on a year earlier and up 14% over three years. 914 leases were registered with Ejari in the past year.

Price per sqft, past year
AED 2,028
−8.0% on a year ago
Sales, past year
214
8% off-plan
Net yield, apartments
4.8%
6.8% gross

Prices and rents by bedrooms in Mohammed Bin Rashid AL Maktoum City -District -1 Community

HomeTypical priceSizeRent a yearGross yield
1 bedroomAED 1.52M767 sqftAED 100K6.6%
2 bedroomsAED 2.62M1,296 sqftAED 165K6.4%
3 bedroomsAED 4.23M1,780 sqftAED 260K6.4%
4 bedrooms—3,309 sqftAED 550K—

Sources: Dubai Land Department sales and Ejari rent records, aggregated by Dubai Data (CC BY 4.0) and DXBData.io. Not an official DLD product. Information, not financial advice.