Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23

Resale
Started
4 years 7 months ago01-06-2021
Handover
2 years 11 months ago30-01-2023
Status
CompleteFinished
Project Description

Residential building basement + ground + 4 floors + roof

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Falling
-3%
Decline
Current:AED 2,036/sqft
Last 12M:AED 2,108/sqft
Momentum: Last 12Mvs Prior Year
Stable
0%
Growth
Last 12M:AED 2,108/sqft
Prior Year:AED 2,112/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Discount
-6%
Below Avg
Project:AED 2,036/sqft
Community:AED 2,157/sqft
Liquidity: Last 12MExit Speed
Moderate
19%Turnover
6Sold (Last 12M)

Supply & Demand Matrix

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23 averaged 19% 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
19%
Velocity
2 Bedrooms
5 units
20%
Velocity

Layouts & Units (31)

Asset Class
1 Bed FlatPodium + Floors 1-4
Inventory
26units
9 layouts · Typically 1 parking
5-83 sqm balcony
Size Range
767-1,605sqft
Price Range
AED 1.2M - AED 1.9M
Avg PSF
1,791
Sales
9
Trend
Asset Class
2 Bed FlatPodium + Floors 1-4
Inventory
5units
3 layouts · Typically 1 parking
6-21 sqm balcony
Size Range
690-1,543sqft
Price Range
AED 1.3M - AED 3.6M
Avg PSF
2,043
Sales
4
Trend

Grouped into 2 asset classes covering 31 units

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23 in Mohammed Bin Rashid AL Maktoum City -District -1 Community - Prices and Units | Property Index