PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1

Completed · Q1 2022|43 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 43 registered units. 75 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,799 per sqft. At AED 1,799 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 prices 15% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 22.5% YoY
1.78MAED
Typical
1,799AED
PSF
Gross yield
6.5%
PIX© rent ÷ PIX© price
Sale records
75
DLD · all time
Rent contracts
62
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1

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
31 – 1,528 sqft
431.78M1,79922.5%116K6.5%
Residential
1 Bed · Apartment
767 – 924 sqft
26
2 Bed · Apartment
1,373 – 1,528 sqft
5
Commercial
Store
31 – 86 sqft
12
Sales — Project-Wide75 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
22 Sep 20251 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G8851,500,0001,695+14.2%StandardStandard Sale
15 May 20251 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G9242,150,0002,327+5.8%StandardStandard Sale
6 Feb 20252 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 31,3733,215,0002,342+5.7%StandardStandard Sale
Rentals — Project-Wide62 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
7 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G88590,000102-25.0%Standardnew
1 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 376790,000117-22.1%Standardnew
29 Jul 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 276790,000117-21.7%Standardnew

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 3 , Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 sells at a current PIX© price of AED 1,799 per sqft, or about AED 1,776,741 for a typical unit, based on 75 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 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 3 , Residences 1?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 62 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 holds 43 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1 gone up or down?

Price per sqft has fallen -22.5% over the last 12 months, to AED 1,799, across 75 registered sales.