Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 13
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
6 years 7 months ago01-06-2019
Handover
2 years 6 months ago16-07-2023
Status
CompleteFinished
Project Description
District One Residences Building 13 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 14 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-23%
DeclineCurrent:AED 1,501/sqft
Last 12M:AED 1,952/sqft
Momentum: Last 12Mvs Prior Year
Falling-13%
DeclineLast 12M:AED 1,952/sqft
Prior Year:AED 2,249/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Discount-30%
Below AvgProject:AED 1,501/sqft
Community:AED 2,157/sqft
Liquidity: Last 12MExit Speed
High20%Turnover
27Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 13 averaged 20% liquidity over the last 12 months, which is considered high. 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
59 units
8 sold51 left
14%
Velocity
2 Bedrooms
43 units
10 sold33 left
23%
Velocity
3 Bedrooms
30 units
9 sold21 left
30%
Velocity
Shop
1 units
0 sold1 left
0%
Velocity
Layouts & Units (133)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-14 | Inventory 59units 12 layouts · Typically 1 parking 6-40 sqm balcony | Size Range 668-1,050sqft | Price Range AED 28K - AED 1.8M | Avg PSF 1,710 | Sales 25 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-14 | Inventory 43units 7 layouts · Typically 1 parking 6-41 sqm balcony | Size Range 1,040-1,555sqft | Price Range AED 2.1M - AED 2.9M | Avg PSF 1,839 | Sales 14 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-14 | Inventory 30units 4 layouts · Typically 2 parking 12-98 sqm balcony | Size Range 820-2,588sqft | Price Range AED 3.0M - AED 5.0M | Avg PSF 1,758 | Sales 10 | Trend — | |
Asset Class ShopPodium | Inventory 1units Typically 2 parking ~82 sqm balcony | Size Range 1,726-1,726sqft | Price Range — | Avg PSF — | Sales 0 | Trend — |
Grouped into 4 asset classes covering 133 units