PropertyIndex

Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas

Completed · Q1 2020|237 villas

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Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 241 registered units. 413 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,896 per sqft. At AED 2,896 per sqft, Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas prices 37% above the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 17.3% YoY
32.58MAED
Typical
2,896AED
PSF
Gross yield
3.8%
PIX© rent ÷ PIX© price
Sale records
413
DLD · all time
Rent contracts
630
Ejari · all time
Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,184 – 47,099 sqft
24132.58M2,89617.3%1.23M3.8%
Residential
4 Bed · Villa
7,527 – 10,856 sqft
89
5 Bed · Villa
8,285 – 15,631 sqft
93
6 Bed · Villa
12,109 – 21,760 sqft
37
7 Bed · Villa
16,032 – 33,264 sqft
14
8 Bed · Villa
34,960 – 47,099 sqft
4
Villa (Bedrooms Unknown)
18,549 – 47,099 sqft
Commercial
Shop
1,184 – 3,719 sqft
4
Land
Land
7,535 – 20,488 sqft
Sales — Project-Wide413 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
3 Jul 20265 Bed8,38920,000,0002,384+37.9%StandardStandard Sale
2 Jun 20265 Bed9,14820,500,0002,241-6.8%StandardStandard Sale
12 Jan 20264 Bed7,66522,100,0002,883+40.8%StandardStandard Sale
Rentals — Project-Wide630 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
20 Aug 20264 Bed9,5331,550,000163Premiumrenewal
10 Aug 20264 Bed7,538873,803116-8.0%Standardnew
10 Aug 20265 Bed8,3871,500,000179-11.8%Premiumrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Mohammed Bin Rashid Al Maktoum City District One

The closest-priced registered projects in Mohammed Bin Rashid Al Maktoum City District One.

Common questions about Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas cost?

Property in Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas sells at a current PIX© price of AED 2,896 per sqft, or about AED 32,575,723 for a typical unit, based on 413 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas completed?

Yes. Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas?

Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas is developed by District One - FZ, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas?

Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas yields 3.8% gross, calculated from current PIX© rent against current PIX© sale price, across 630 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas?

Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas holds 241 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City-district One Phase 2 Villas gone up or down?

Price per sqft has risen +17.3% over the last 12 months, to AED 2,896, across 413 registered sales.