Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 10 months ago15-03-2021
Handover
2 years ago30-12-2023
Status
CompleteFinished
Project Description
Residential building 1 B+G+6+1 R
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 1,371/sqft
Range:AED 288 – AED 2K
Avg Unit:AED 115K/yr
Leasing Volume: L12MContracts Signed
Very Active59Total
New:50
Renew:9
Tenant RetentionRenewal Rate
Low15%renewals
85% new tenants15% renewals
Avg Annual RentPer Unit
AED 115K/year
Based on 59 contracts
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 8 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
59 units
0 sold59 left
0%
Velocity
2 Bedrooms
7 units
0 sold7 left
0%
Velocity
3 Bedrooms
7 units
0 sold7 left
0%
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 31 layouts · Typically 1 parking 3-41 sqm balcony | Size Range 750-1,163sqft | Price Range AED 1.2M - AED 1.8M | Avg PSF 1,553 | Sales 58 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-6 | Inventory 7units 4 layouts · Typically 1 parking 4-76 sqm balcony | Size Range 1,309-2,096sqft | Price Range AED 2.0M - AED 3.3M | Avg PSF 1,535 | Sales 7 | Trend — | |
Asset Class 3 Bed FlatPodium + Floors 1-6 | Inventory 7units 4 layouts · Typically 2 parking 7-93 sqm balcony | Size Range 1,778-2,712sqft | Price Range AED 2.7M - AED 4.2M | Avg PSF 1,537 | Sales 7 | Trend — |
Grouped into 3 asset classes covering 73 units