Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 11 months ago31-01-2022
Status
CompleteFinished
Project Description
District One Residences Building Residences 1 is centrally located within the premier lifestyle community of Mohammed Bin Rashid Al Maktoum City ? District One. It provides a variety of residential units ranging between one, two and three bedroom apartments along with a shaded carpark and is 4 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,121/sqft
Prior Year:AED 2,178/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Moderate10%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1 averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
26 units
2 sold24 left
8%
Velocity
2 Bedrooms
5 units
1 sold4 left
20%
Velocity
Layouts & Units (31)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-4 | Inventory 26units 5 layouts · Typically 1 parking 4-19 sqm balcony | Size Range 761-924sqft | Price Range AED 1.1M - AED 2.1M | Avg PSF 1,810 | Sales 38 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 5units 2 layouts · Typically 1.2 parking 5-20 sqm balcony | Size Range 1,356-1,528sqft | Price Range AED 3.0M - AED 3.9M | Avg PSF 1,927 | Sales 6 | Trend — |
Grouped into 2 asset classes covering 31 units