Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 30
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
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 1,392/sqft
Range:AED 805 – AED 2K
Avg Unit:AED 118K/yr
Leasing Volume: L12MContracts Signed
Very Active29Total
New:21
Renew:8
Tenant RetentionRenewal Rate
Fair28%renewals
72% new tenants28% renewals
Avg Annual RentPer Unit
AED 118K/year
Based on 29 contracts
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 30 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 767-1,600sqft | Price Range AED 1.4M - AED 2.4M | Avg PSF 1,765 | Sales 26 | 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 2.9M | Avg PSF 1,897 | Sales 5 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 832-832sqft | Price Range — | Avg PSF 16,518 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 31 units