Dubai · Mohammed Bin Rashid City

Penthouses for Sale in Mohammed Bin Rashid City

Mohammed Bin Rashid City is lagoon living beside Downtown with strong handover-to-resale appreciation. Here's exactly what a penthouse costs to buy here in 2026, what it earns, and how Alayan Homes handles it end to end.

Entry price

AED 9,240,000

Price per sqft

AED 2,200/sqft

Typical size

4,200 sqft

Gross yield

6–7%

Penthouses in Mohammed Bin Rashid City: the 2026 picture

A typical penthouse in Mohammed Bin Rashid City runs about 4,200 sqft and trades near AED 2,200/sqft, putting purchase prices around AED 9,240,000. Long-term tenants pay roughly AED 506,000 a year, while the same unit operated as a licensed holiday home averages AED 2,785 a night at 71% occupancy — about AED 721,733 gross before costs. Owners on our managed programme average AED 995,991, a 38% uplift driven by dynamic pricing, multi-channel distribution and 4.9★ guest reviews.

Why investors pick Mohammed Bin Rashid City

  • ✓ Minutes from Crystal Lagoon
  • ✓ Minutes from Meydan Racecourse
  • ✓ Minutes from District One
  • 6–7% gross rental yield
  • ✓ 100% freehold, Golden Visa eligible

How Alayan Homes helps

We source on and off-market penthouses in Mohammed Bin Rashid City, run the yield maths with you, handle DLD transfer and mortgage introductions, then take over letting or hosting once you own it.

FAQ — penthouses for sale in Mohammed Bin Rashid City

How much does a penthouse cost in Mohammed Bin Rashid City?

Around AED 9,240,000 for a 4,200 sqft unit, based on a Mohammed Bin Rashid City average of AED 2,200/sqft in 2026.

What rental yield can I expect?

Mohammed Bin Rashid City delivers 6–7% gross on long-term rent, and materially more when the penthouse is operated as a licensed holiday home.

What fees apply when buying in Mohammed Bin Rashid City?

Budget 4% DLD transfer fee, roughly AED 4,200 in trustee fees, 2% agency commission and a mortgage registration fee of 0.25% if financed.

Does Alayan Homes charge upfront fees in Mohammed Bin Rashid City?

No. We work on a performance model for hosting and a standard brokerage fee on sales — you only pay once your penthouse is earning or a deal completes.

Can foreigners own a penthouse in Mohammed Bin Rashid City?

Yes. Mohammed Bin Rashid City sits in a designated freehold zone, so any nationality can buy 100% ownership, and purchases above AED 2M qualify for the 10-year Golden Visa.