Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 1
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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.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 31 – 1,528 sqft | 43 | 1.78M | 1,799 | ↓22.5% | 116K | 6.5% | |
| Residential | |||||||
1 Bed · Apartment 767 – 924 sqft | 26 | ||||||
2 Bed · Apartment 1,373 – 1,528 sqft | 5 | — | — | — | |||
| Commercial | |||||||
Store 31 – 86 sqft | 12 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 22 Sep 2025 | 1 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G | 885 | 1,500,000 | 1,695 | +14.2% | Standard | Standard Sale |
| 15 May 2025 | 1 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G | 924 | 2,150,000 | 2,327 | +5.8% | Standard | Standard Sale |
| 6 Feb 2025 | 2 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 3 | 1,373 | 3,215,000 | 2,342 | +5.7% | Standard | Standard Sale |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor G | 885 | 90,000 | 102 | -25.0% | Standard | new |
| 1 Aug 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 3 | 767 | 90,000 | 117 | -22.1% | Standard | new |
| 29 Jul 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 1 · Floor 2 | 767 | 90,000 | 117 | -21.7% | Standard | new |
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.
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 22AED 1,810/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 26AED 1,786/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28AED 1,785/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 14AED 1,905/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16AED 1,912/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12AED 1,913/sqft
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.