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Mohammed Bin Rashid City MBR City · Dubai · property prices and rents

In the 12 months to 4 November 2026, the ready price per sq ft of the same home types fell 0.1% (Dubai +6.4%), and registered sales fell 30.2% to 3,389. In the last 3 months, the ready price per sq ft of the same home types stood 7.6% below the same months a year before (Dubai +1.6%).

In DLD records: HADAEQ SHEIKH MOHAMMED BIN RASHID - DISRICT 7, Mohammed Bin Rashid AL Maktoum City -District -1 Community, Mohammed Bin Rashid AL Maktoum District 11, SOBHA HARTLAND, Al Merkadh

Median ready pricePer sq ft
AED 1,981
Ready price, 1-year changeSame home types, n ≥ 5 · 99% of ready sales
-0.1% Dubai +6.4%
Ready price, last 3 monthsOn the same months a year before · 96% of ready sales
-7.6% Dubai +1.6%
Ready price, 3-year changeSame home types, n ≥ 5 · 98% of ready sales
+18.3% Dubai +31.6%
Registered salesLast 12 months
3,389

Data to 4 November 2026

Mohammed Bin Rashid City
Developer's image · Nakheel

In the last 12 months, Dubai Land Department registered 3,389 sales in Mohammed Bin Rashid City, worth AED 10.7B in total. The number of sales was 30.2% lower than in the 12 months before. The median price was 2,077 AED/sqft off-plan and 1,981 AED/sqft for ready homes.

Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.

MBR City prices, over time.

Median registered price, AED per sq ft

  • Ready (registered sales)
  • Off-plan (registered sales)
Median price per sq ft of registered sales of apartments, by month. Months with fewer than 5 sales are left as gaps.
Show the figures
Month Ready (registered sales) Off-plan (registered sales)
Nov 2023 1,809 AED/sqft 110 sales 1,800 AED/sqft 481 sales
Dec 2023 1,837 AED/sqft 113 sales 1,987 AED/sqft 342 sales
Jan 2024 1,779 AED/sqft 132 sales 1,900 AED/sqft 313 sales
Feb 2024 1,765 AED/sqft 193 sales 1,836 AED/sqft 282 sales
Mar 2024 1,795 AED/sqft 205 sales 1,612 AED/sqft 550 sales
Apr 2024 1,852 AED/sqft 154 sales 1,662 AED/sqft 224 sales
May 2024 1,859 AED/sqft 173 sales 1,809 AED/sqft 1,018 sales
Jun 2024 1,804 AED/sqft 177 sales 1,781 AED/sqft 797 sales
Jul 2024 1,798 AED/sqft 234 sales 2,088 AED/sqft 225 sales
Aug 2024 1,756 AED/sqft 239 sales 2,129 AED/sqft 322 sales
Sep 2024 1,789 AED/sqft 222 sales 2,458 AED/sqft 342 sales
Oct 2024 1,791 AED/sqft 211 sales 2,370 AED/sqft 365 sales
Nov 2024 1,833 AED/sqft 238 sales 2,074 AED/sqft 102 sales
Dec 2024 1,860 AED/sqft 211 sales 2,190 AED/sqft 234 sales
Jan 2025 1,894 AED/sqft 173 sales 2,082 AED/sqft 95 sales
Feb 2025 1,872 AED/sqft 191 sales 2,017 AED/sqft 108 sales
Mar 2025 1,918 AED/sqft 218 sales 1,875 AED/sqft 107 sales
Apr 2025 2,115 AED/sqft 291 sales 2,075 AED/sqft 142 sales
May 2025 2,051 AED/sqft 278 sales 2,337 AED/sqft 135 sales
Jun 2025 1,958 AED/sqft 200 sales 2,335 AED/sqft 129 sales
Jul 2025 2,036 AED/sqft 242 sales 2,095 AED/sqft 88 sales
Aug 2025 2,077 AED/sqft 186 sales 1,829 AED/sqft 76 sales
Sep 2025 2,046 AED/sqft 202 sales 1,839 AED/sqft 130 sales
Oct 2025 2,059 AED/sqft 234 sales 1,944 AED/sqft 74 sales
Nov 2025 2,079 AED/sqft 211 sales 1,913 AED/sqft 51 sales
Dec 2025 2,105 AED/sqft 188 sales 1,995 AED/sqft 89 sales
Jan 2026 2,066 AED/sqft 189 sales 1,998 AED/sqft 50 sales
Feb 2026 2,062 AED/sqft 253 sales 1,982 AED/sqft 58 sales
Mar 2026 2,050 AED/sqft 121 sales 1,983 AED/sqft 54 sales
Apr 2026 2,024 AED/sqft 114 sales 2,007 AED/sqft 64 sales
May 2026 1,925 AED/sqft 147 sales 2,104 AED/sqft 110 sales
Jun 2026 1,946 AED/sqft 119 sales 2,061 AED/sqft 100 sales
Jul 2026 1,945 AED/sqft 153 sales 2,136 AED/sqft 143 sales
Aug 2026 1,891 AED/sqft 156 sales 1,562 AED/sqft 63 sales
Sep 2026 1,912 AED/sqft 160 sales 2,076 AED/sqft 61 sales
Oct 2026 1,977 AED/sqft 167 sales 1,916 AED/sqft 59 sales

Where the change in sales came from.

Registered sales in the last 12 months against the 12 months before, by DLD registration type, beside all of Dubai.

  • Off-plan-39.1%Off-plan sales fell by 39.1%, from 1,748 to 1,065.Dubai: -10.3%
  • Ready-25.2%Ready sales fell by 25.2%, from 3,106 to 2,324.Dubai: -27.8%

The projects whose number of sales moved most

  1. Keturah Reserve10 sales, against 308
  2. MAG EYE Phase 196 sales, against 267
  3. Azizi Riviera 6720 sales, against 144

Counts of registered sales, not prices: a project’s count follows its launches and how many homes it has left to sell. How this is worked out

What does each home type sell and rent for in MBR City?

  • Apartment · Studio

    Ready median price
    AED 700K
    Median yearly rent
    AED 49.9K
    Gross yield
    7.1%

  • Apartment · 1 bed

    Ready median price
    AED 1.3M
    Median yearly rent
    AED 80K
    Gross yield
    6%

  • Apartment · 2 beds

    Ready median price
    AED 2.3M
    Median yearly rent
    AED 130K
    Gross yield
    5.7%

  • Apartment · 3 beds

    Ready median price
    AED 3.3M
    Median yearly rent
    AED 180K
    Gross yield
    5.5%

  • Apartment · 4 beds

    Ready median price
    AED 4.8M
    Median yearly rent
    AED 250K
    Gross yield
    5.2%

  • Villa or townhouse · 2 beds

    Ready median price
    AED 2.9M
    Median yearly rent
    AED 160K
    Gross yield
    5.5%

  • Villa or townhouse · 3 beds

    Ready median price
    AED 3.6M
    Median yearly rent
    AED 185K
    Gross yield
    5.2%

  • Villa or townhouse · 4 beds

    Ready median price
    AED 3.9M
    Median yearly rent
    AED 190K
    Gross yield
    4.9%

  • Villa or townhouse · 5 beds

    Ready median price
    —
    Median yearly rent
    AED 1.2M
    Gross yield
    Rent only

  • Villa or townhouse · 6 beds

    Ready median price
    —
    Median yearly rent
    AED 2M
    Gross yield
    Rent only

  • Villa or townhouse · 7 beds

    Ready median price
    —
    Median yearly rent
    —
    Gross yield
    —

Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.

Off-plan or ready.

Off-plan premium, same home type

Apartment · 1 bed: off-plan homes sold at 1.5% below ready ones per sq ft in the last 12 months (1,990 AED/sqft against 2,021 AED/sqft, medians of 420 and 794 sales).

Same home type, not the same buildings: off-plan stock is often newer, so the gap is not a forecast of resale prices. Not investment advice. How this is worked out

The middle half of prices

Middle half of Apartment · 1 bed · Ready sales: AED 1,826–2,256 per sq ft (AED 1,130,000–1,550,000), 794 sales in the last 12 months. The full spread by home type is in the area report.

A quarter of these sales were below the band and a quarter above it. Registered sales, not a valuation. How this is worked out

Off-plan to ready, around completion

For 55 of the 101 projects in this area completed between 2021 and 2025 (DLD project register), the median project’s ready price per sq ft in the 12 months after completion was 6.9% above its off-plan price per sq ft in the 12 months before.

Dubai’s price index rose by 7.9% over the same months (the median across these projects).

Dubai’s counted projects completed in those years, worked out the same way: 14.4% above.

This is history, not a forecast. These projects were completed in years when Dubai prices were rising, and the earliest windows start in the 2020–21 low. Only completed projects with at least 10 registered sales in each window count, and a project needs the full 12 months after completion first: one completed within the last 12 months is in the total but not yet counted. Projects not yet completed or cancelled are not included. DLD records do not separate a developer’s own sales from resales by earlier buyers, and the two windows cover different homes and unit mixes. The step and the index move are context for each other, not a difference to subtract: each is a median across the projects. Registered sale prices only, before fees, payment-plan terms, financing, service charges and rent: registered sales, not a valuation, and not investment advice. How this is worked out

Future supply

7,550

Homes under construction or planned, in 52 projects

  • Finished26,416 homes114 projects
  • Under construction6,172 homes44 projects
  • Planned or on hold1,378 homes8 projects
Pipeline per finished home
0.29×Low pipeline pressure compared with Dubai as a whole (1.17×)
Homes due in the next 24 months
4,973Under construction or planned, with a DLD end date in that time

8 projects (714 homes) are past their DLD end date.

The project-by-project handover calendar is in the area report

From the DLD project register for this area, counting apartments and villas. Records still not finished more than 5 years after their DLD end date are left out as stale.

Ready turnover, last 12 months

8.3%

Ready sales in the last 12 months came to 8.3% of the 25,981 homes in the area’s finished DLD register projects (2,164 sales). Dubai: 7.2%.

Ready sales count resales and a developer’s sales of finished homes alike. Not counted, homes or sales: buildings older than the DLD project register, and villa projects whose sales DLD mostly registers as land. DLD data only. How this is worked out

Sales of AED 2M or more.

34.6%

34.6% of the area’s home sales in the last 12 months were for AED 2M or more (1,128 of 3,261). Dubai: 32.9%.

AED 2M is the minimum total property value for the UAE’s 10-year Golden Residence (golden visa) for real-estate investors, according to ICP and GDRFA Dubai (rules checked on 5 November 2026). This count shows registered sale prices only; the authorities decide each application on their own conditions, such as the owner’s share, how the value is certified and how the home is financed.

Home sales of the last 12 months, every home type together. The area report has every price band, by home type. How this is worked out

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Projects in MBR City

Browse all projects
  1. MAG EYE Phase 1370 sales in 24 months
  2. Keturah Reserve318 sales in 24 months
  3. Mohammed Bin Rashid Al Maktoum City- District One, Phase 137 sales in 24 months
  4. Mohammed Bin Rashid Al Maktoum City-District One Phase II Villas36 sales in 24 months
Every project in the area, ranked, is in the area report

The latest registered sales in MBR City.

All latest sales in Mohammed Bin Rashid City

Questions about Mohammed Bin Rashid City

What is the price per sq ft in Mohammed Bin Rashid City?

In the 12 months to 4 November 2026, the median registered sale price was 1,981 AED/sqft for ready homes and 2,077 AED/sqft off-plan. The two medians mix different home types.

How did prices and sales in Mohammed Bin Rashid City change over the last year?

In the 12 months to 4 November 2026, the ready price per sq ft of the same home types fell 0.1% (Dubai +6.4%), and registered sales fell 30.2% to 3,389. In the last 3 months, the ready price per sq ft of the same home types stood 7.6% below the same months a year before (Dubai +1.6%).

How many homes are under construction or planned in Mohammed Bin Rashid City?

As of 4 November 2026, the DLD project register lists 7,550 homes under construction or planned in Mohammed Bin Rashid City, 4,973 of them in projects with a DLD end date in the next 24 months. An end date is the date in the DLD register, not a handover forecast.

Where do these figures come from?

From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.

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