Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 17
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 7 months ago01-06-2021
Handover
3 years ago30-12-2022
Status
CompleteFinished
Project Description
Residential building (basement + ground + 4 floors + roof)
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
—No sales in period
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,378/sqft
Range:AED 803 – AED 2K
Avg Unit:AED 115K/yr
Leasing Volume: L12MContracts Signed
Very Active28Total
New:7
Renew:21
Tenant RetentionRenewal Rate
Excellent75%renewals
25% new tenants75% renewals
Avg Annual RentPer Unit
AED 115K/year
Based on 28 contracts
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 17 averaged 0% 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
26 units
0 sold26 left
0%
Velocity
2 Bedrooms
5 units
0 sold5 left
0%
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 9 layouts · Typically 1 parking 5-82 sqm balcony | Size Range 767-1,593sqft | Price Range AED 1.5M - AED 2.5M | Avg PSF 1,422 | Sales 26 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 5units 2 layouts · Typically 1 parking 6-21 sqm balcony | Size Range 1,382-1,543sqft | Price Range AED 2.7M - AED 3.0M | Avg PSF 1,416 | Sales 5 | Trend — |
Grouped into 2 asset classes covering 31 units