Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 29
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 3 months ago01-10-2021
Handover
2 years 7 months ago30-05-2023
Status
CompleteFinished
Project Description
Residential building basement + ground + 4 floors + roof
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,103/sqft
Prior Year:AED 2,164/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Moderate10%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 29 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
26 units
1 sold25 left
4%
Velocity
2 Bedrooms
5 units
2 sold3 left
40%
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 767-1,598sqft | Price Range AED 1.3M - AED 1.7M | Avg PSF 1,642 | Sales 5 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-4 | Inventory 5units 3 layouts · Typically 1 parking 6-21 sqm balcony | Size Range 1,380-1,543sqft | Price Range AED 2.6M - AED 4.0M | Avg PSF 1,780 | Sales 3 | Trend — |
Grouped into 2 asset classes covering 31 units