Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 14
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
7 years 4 months ago01-09-2018
Handover
2 years 10 months ago06-03-2023
Status
CompleteFinished
Project Description
District One Residences Building Residences 14 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 12 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-13%
DeclineCurrent:AED 1,928/sqft
Last 12M:AED 2,210/sqft
Momentum: Last 12Mvs Prior Year
Stable+1%
GrowthLast 12M:AED 2,210/sqft
Prior Year:AED 2,189/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Discount-11%
Below AvgProject:AED 1,928/sqft
Community:AED 2,157/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
13Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 14 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
98 units
9 sold89 left
9%
Velocity
2 Bedrooms
37 units
4 sold33 left
11%
Velocity
3 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (136)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-12 | Inventory 98units 20 layouts · Typically 1 parking 4-42 sqm balcony | Size Range 384-1,152sqft | Price Range AED 700K - AED 1.9M | Avg PSF 1,741 | Sales 32 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-12 | Inventory 37units 8 layouts · Typically 1.1 parking 5-85 sqm balcony | Size Range 1,185-2,151sqft | Price Range AED 2.3M - AED 4.0M | Avg PSF 1,910 | Sales 9 | Trend — | |
Asset Class 3 Bed FlatFloor 12 | Inventory 1units Typically 2 parking ~10 sqm balcony | Size Range 1,760-1,798sqft | Price Range — | Avg PSF 1,409 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 136 units