
Central district at a premium rate
Mohammed Bin Rashid City sits between Downtown Dubai and Meydan, and it carries the highest rate in this group: AED 2,450 per square foot across 1,003 sales in the last twelve months, averaging AED 3.61M. Stock is apartment-led — 897 flats — with one-bedrooms the most traded size at 626 sales. 99% of flagged transactions are off-plan, with Imtiaz among the most active developers through Symphony Tower and Wynwood Horizon.
AED 2,505
Avg price / sqft
8,309,152
Avg sale price
1,041
Sales since Jan 2026
5.1%
Est. gross yield
Source: Dubai Land Department transaction records for Mohammed Bin Rashid City. Figures update as new transactions are registered.
Real DLD transaction history, price trends and unit-level pricing for the most active towers.
Central without being in Downtown itself — the district is built around lagoons and open space, with Meydan and Downtown both minutes away. The premium rate buys location and newness rather than established amenity, since much of the area is still delivering.
Off-PlanEllington Properties
1,943,199
Q4 2030
New LaunchBinghatti Developers
Price on request
Q2 - 2028
Binghatti Developers
2,600,000
2028
New LaunchSobha Realty
1,770,000
2030
New LaunchSobha Realty
Price on request
New LaunchMeraas
13,000,000
Q2 2029
At AED 2,450 per square foot this is roughly 50% above the mid-market districts nearby, and the majority of what is selling has not completed. Entry pricing therefore reflects future amenity as much as current, which is the usual trade-off in a district still being delivered.
Developers active here
It averages around AED 3.61M at roughly AED 2,450 per square foot — the highest rate among Dubai's active mid-to-large districts covered here.
Apartments, and one-bedrooms in particular: 626 of the 1,003 sales in the last twelve months were one-bed units.
Yes, around ten minutes by car, with Dubai International Airport about fifteen and Meydan Racecourse five.
Based on Dubai Land Department transaction records, the average price per square foot in Mohammed Bin Rashid City is around AED 2,505, and the average sale price of a whole unit is around AED 8,309,152, across 1,041 recorded sales since Jan 2026.
Benchmarking DLD rental contracts against sale prices, Mohammed Bin Rashid City returns an estimated 5.1% gross rental yield before service charges. Yields vary by building and unit type — see the top buildings below for tower-level data.
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