Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 2 months ago06-11-2022
Status
CompleteFinished
Project Description
District One Residences Building 16 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 8 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Falling-30%
DeclineLast 12M:AED 1,705/sqft
Prior Year:AED 2,428/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Low3%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 averaged 3% liquidity over the last 12 months, which is considered low. 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
77 units
1 sold76 left
1%
Velocity
2 Bedrooms
9 units
0 sold9 left
0%
Velocity
3 Bedrooms
9 units
2 sold7 left
22%
Velocity
Layouts & Units (95)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-8 | Inventory 77units 17 layouts · Typically 1 parking 3-41 sqm balcony | Size Range 737-1,163sqft | Price Range AED 1.2M - AED 1.9M | Avg PSF 1,686 | Sales 29 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-8 | Inventory 9units 2 layouts · Typically 1 parking 4-78 sqm balcony | Size Range 1,271-2,097sqft | Price Range AED 3.5M - AED 4.4M | Avg PSF 1,823 | Sales 4 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-8 | Inventory 9units 2 layouts · Typically 2 parking 8-95 sqm balcony | Size Range 864-2,713sqft | Price Range AED 4.3M - AED 5.0M | Avg PSF 1,871 | Sales 4 | Trend — |
Grouped into 3 asset classes covering 95 units