Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 3 months ago01-10-2021
Handover
2 years 6 months ago30-06-2023
Status
CompleteFinished
Project Description
Residential building basement + ground +6 floors+ Roof
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+26%
GrowthLast 12M:AED 2,256/sqft
Prior Year:AED 1,787/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Low5%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7 averaged 5% 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
24 units
2 sold22 left
8%
Velocity
2 Bedrooms
31 units
1 sold30 left
3%
Velocity
3 Bedrooms
7 units
0 sold7 left
0%
Velocity
Layouts & Units (62)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-6 | Inventory 24units 8 layouts · Typically 1 parking 5-33 sqm balcony | Size Range 762-1,064sqft | Price Range AED 900K - AED 1.7M | Avg PSF 1,779 | Sales 8 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-6 | Inventory 31units 12 layouts · Typically 1 parking 6-76 sqm balcony | Size Range 1,072-2,122sqft | Price Range AED 602K - AED 3.9M | Avg PSF 1,739 | Sales 8 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-6 | Inventory 7units 3 layouts · Typically 2 parking 18-88 sqm balcony | Size Range 1,917-2,679sqft | Price Range — | Avg PSF 1,841 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 62 units