Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 3 months ago06-10-2022
Status
CompleteFinished
Project Description
District One Residences Building 5 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 6 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 2,196/sqft
Last 12M:AED 2,286/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 2,286/sqft
Prior Year:AED 2,023/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
At Market+2%
Above AvgProject:AED 2,196/sqft
Community:AED 2,157/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
6Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5 averaged 8% 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
59 units
5 sold54 left
8%
Velocity
2 Bedrooms
7 units
0 sold7 left
0%
Velocity
3 Bedrooms
7 units
1 sold6 left
14%
Velocity
Layouts & Units (73)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-6 | Inventory 59units 29 layouts · Typically 1 parking 3-41 sqm balcony | Size Range 742-1,163sqft | Price Range AED 1.3M - AED 2.3M | Avg PSF 1,589 | Sales 25 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-6 | Inventory 7units 3 layouts · Typically 1 parking 4-76 sqm balcony | Size Range 1,285-2,094sqft | Price Range AED 2.6M - AED 3.4M | Avg PSF 1,892 | Sales 5 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-6 | Inventory 7units 3 layouts · Typically 2 parking 8-93 sqm balcony | Size Range 1,747-2,708sqft | Price Range AED 4.0M - AED 5.2M | Avg PSF 1,848 | Sales 4 | Trend — |
Grouped into 3 asset classes covering 73 units