Building · Mohammed Bin Rashid City

Properties for sale in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

Nothing for sale here with McCone right now — 125 sales are on record at the Dubai Land Department, below.

Recorded rents and gross yield for Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

Median sale price
AED 1.72M
25 sales · the last three years
Median per sq ft
AED 2,220
+18.1% on the year before
Last recorded sale
July 2026
Registered at the DLD
Sales on record
125
Since 2018

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,610
1,625
1,612
1,615
1,746
2,195
2,050
2,275
2,268
201820192020202120222023202420252026

The low was 2018 at AED 1,610 a square foot, and it has recovered 41% since. It is still 0% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian pricePer sq ftSales
1 B/R756 sqft1,710,0002,20820

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
10 Jul 20262 B/R1,3082,500,0001,911
26 Feb 20261 B/R7521,800,0002,392
25 Feb 20262 B/R1,3103,550,0002,710
9 Feb 20261 B/R7671,740,0002,268
6 Feb 20261 B/R7581,550,0002,045
3 Nov 20251 B/R7561,660,0002,196
16 Oct 20251 B/R7501,800,0002,401
29 Apr 20253 B/R1,7844,000,0002,242
4 Mar 20251 B/R7581,750,0002,309
3 Mar 20251 B/R7501,720,0002,293
21 Feb 20251 B/R7561,720,0002,275
6 Jan 20251 B/R1,1632,336,1002,009

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

30
21
20
5
6
22
9
7
5
201820192020202120222023202420252026

Of the 125 sales on record, 82 were bought off-plan from the developer and 43 were resales of a finished home. The changeover in 2023 is the handover. The 2026 bar is part-year.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 2 Sept 2026.

We are not marketing anything in Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5 today, but we know it and we hear about homes before they list. Tell us what you are after.