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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 rent: what tenants really pay

Rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12, Meydan One: 1-bed AED 90,000, 2-bed AED 145,000 a year. These are medians of 68 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 121, against AED 130 across Meydan One.

Updated 21 Oct 2026 · Source: Dubai Land Department Ejari leases and listing-site adverts · Method

James Paul Booth
The agent's view
“Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12: value at AED 121 a sq ft against the Meydan One median of 130. Ask the agent what the last tenant signed, then use the table below.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
A tenant takes the keys to a new flat at the door
Signed, not advertised

Know the rent before you sign

What tenants in this building really paid, what landlords ask, and how hard to push.

CompletedFirst leased 2024

What the leases say about Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12

  1. Per sq ft, a 1-bed here costs 7% less than the Meydan One median: AED 121 against AED 130. It is number 22 of 82 Meydan One buildings, cheapest first.
  2. Homes here are bigger than usual. The median 1-bed here is 748 sq ft. That is 16% above the Meydan One median of 642 sq ft.
  3. New 1-bed tenants pay AED 90,000, renewing tenants AED 90,000. For the same home, renewing costs about the same as moving in.
  4. New-lease rent per sq ft fell 13% on the year, to AED 120 a sq ft.
  5. 12 leases end in the next 60 days, so more homes may become available soon.

Rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 by bedrooms

AED a year, medians. Signed: Ejari leases 16 Oct 2025–15 Oct 2026. Asking: adverts on 16 Oct 2026, matched by building name.

HomeNew leaseRenewalAskingSize sq ftAED / sq ftLeases
1-bed90,00090,000–74812148
2-bed145,000––1,18312719

Where Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 is, and the buildings around it

We do not hold the exact position of Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 yet; the map shows Meydan One.

Click a building to see its rents. Rents shown are median new leases, 16 Oct 2025–15 Oct 2026.

Finding

New and renewing 1-bed tenants in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 pay the same for the same home.

New lease against renewal: same building, same bedrooms, size within 15%

For a 1-bed in this building, new and renewing tenants pay about the same. The renewal figure shows what the landlord accepts from tenants he wants to keep. Renew or move →

Finding

New-lease rent per sq ft in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 fell 13% on the year.

Median new lease, AED a sq ft, by quarter

AED 120 a sq ft in the 12 months to 15 Oct 2026, against AED 137 the year before. Quarters with fewer than 10 new leases are left out of the chart.

Supply

12 leases in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 end in the next 60 days.

Leases ending soon: homes that may become available

Some will renew, some will come back to the market. More homes free means more room to negotiate. Ask agents about units with a lease ending soon.

Compare: other Meydan One buildings, 1-bed

Buying in Meydan One? Sale prices, every tower, resale and off-plan: Meydan One on BUY DUBAI →

Questions

How much is rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12?

Rent in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12, Meydan One: 1-bed AED 90,000, 2-bed AED 145,000 a year. These are medians of 68 Ejari leases signed 16 Oct 2025–15 Oct 2026. Per sq ft, a 1-bed here is AED 121, against AED 130 across Meydan One.

How much is a 1 bedroom in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12?

The median rent for a new 1-bed lease in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 is AED 90,000 a year (AED 7,500 a month). The median size is 748 sq ft. This is from 36 new leases, 16 Oct 2025–15 Oct 2026.

How much is a 2 bedroom in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12?

The median rent for a new 2-bed lease in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 is AED 145,000 a year (AED 12,083 a month). The median size is 1,183 sq ft. This is from 16 new leases, 16 Oct 2025–15 Oct 2026.

Is it cheaper to renew or move in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12?

For a 1-bed, new tenants pay a median AED 90,000 and renewing tenants AED 90,000.

Is rent going up in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12?

Rent per sq ft on new leases in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12: AED 120 in the 12 months to 15 Oct 2026, against AED 137 the year before.

What are the alternatives to Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 in Meydan One?

Similar rent for a 1-bed: The Terraces AED 90,000, Sobha Hartland Greens - Phase III AED 91,000, Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 AED 91,000, Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 AED 91,000.

How we worked it out, and the limits

Updated 21 Oct 2026. Source: Dubai Land Department Ejari rent contracts. We use homes only, one unit for each contract, starting 16 Oct 2025–15 Oct 2026. "New" is a new tenant or a new contract. "Renewal" is the same contract, renewed. Bedrooms come from the Ejari unit type. "3 bed" means 3 or more. Every rent is a median: half the leases are above it. A figure needs 10 or more leases. A page needs 30 or more.

This building. Leases are matched by the Ejari project name "Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12". 68 leases 16 Oct 2025–15 Oct 2026, 53 new. First leases in our records: 2024. Adverts are matched by name and may include a neighbouring building.

Full method: What the leases say → · Checking a rent rise? Rent increase calculator →

Sale prices, resale and off-plan, tower facts and developer photos: BUY DUBAI, our sister site for buyers. Rents: Dubai Land Department Ejari leases.

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