Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 6
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
6 years 6 months ago30-06-2019
Handover
2 years 6 months ago16-07-2023
Status
CompleteFinished
Project Description
District One Residences Building 6 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
—No recent sales
Momentum: Last 12Mvs Prior Year
Stable-1%
DeclineLast 12M:AED 2,225/sqft
Prior Year:AED 2,257/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Moderate11%Turnover
7Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 6 averaged 11% 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
25 units
1 sold24 left
4%
Velocity
2 Bedrooms
29 units
6 sold23 left
21%
Velocity
3 Bedrooms
6 units
0 sold6 left
0%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (61)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-6 | Inventory 25units 10 layouts · Typically 1 parking 5-33 sqm balcony | Size Range 762-1,067sqft | Price Range AED 1.6M - AED 1.8M | Avg PSF 1,701 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-6 | Inventory 29units 16 layouts · Typically 1 parking 6-75 sqm balcony | Size Range 1,160-2,114sqft | Price Range AED 2.0M - AED 3.8M | Avg PSF 1,821 | Sales 13 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-5 | Inventory 6units 4 layouts · Typically 2.2 parking 18-88 sqm balcony | Size Range 961-2,680sqft | Price Range AED 3.0M - AED 5.4M | Avg PSF 1,903 | Sales 2 | Trend — | |
Asset Class 5 Bed FlatFloor 6 | Inventory 1units Typically 4 parking ~29 sqm balcony | Size Range 3,831-3,832sqft | Price Range — | Avg PSF 1,339 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 61 units