Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12
ResaleDeveloperDistrict One - FZ
AreaAl Merkadh
Started
7 years 3 months ago30-09-2018
Handover
2 years 10 months ago06-03-2023
Status
CompleteFinished
Project Description
District One Residences Building Residences 12 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 16 floors from the ground up.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Stable-1%
DeclineCurrent:AED 2,265/sqft
Last 12M:AED 2,296/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 2,296/sqft
Prior Year:AED 2,261/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Premium+5%
Above AvgProject:AED 2,265/sqft
Community:AED 2,157/sqft
Liquidity: Last 12MExit Speed
Moderate18%Turnover
28Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12 averaged 18% 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
94 units
17 sold77 left
18%
Velocity
2 Bedrooms
64 units
11 sold53 left
17%
Velocity
5 Bedrooms
1 units
0 sold1 left
0%
Velocity
Layouts & Units (159)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class 1 Bed FlatPodium + Floors 1-16 | Inventory 94units 15 layouts · Typically 1 parking 3-42 sqm balcony | Size Range 716-1,163sqft | Price Range AED 598K - AED 2.0M | Avg PSF 1,755 | Sales 31 | Trend — | |
Asset Class 2 Bed FlatPodium + Floors 1-16 | Inventory 64units 10 layouts · Typically 1 parking 3-83 sqm balcony | Size Range 591-2,140sqft | Price Range AED 2.2M - AED 3.9M | Avg PSF 1,801 | Sales 20 | Trend — | |
Asset Class 5 Bed FlatFloor 15 | Inventory 1units Typically 5 parking ~51 sqm balcony | Size Range 5,820-5,848sqft | Price Range — | Avg PSF 1,680 | Sales 0 | Trend — |
Grouped into 3 asset classes covering 159 units