PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11

Completed · Q4 2023|185 units · 1 tower

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 185 registered units. 186 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,149 per sqft. At AED 2,149 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 prices 2% above the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 8.4% YoY
3.22MAED
Typical
2,149AED
PSF
Gross yield
7.0%
PIX© rent ÷ PIX© price
Sale records
186
DLD · all time
Rent contracts
112
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11

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
42 – 4,182 sqft
1853.22M2,1498.4%226K7.0%
Residential
1 Bed · Apartment
858 – 932 sqft
17
2 Bed · Apartment
1,169 – 1,703 sqft
66
3 Bed · Apartment
1,911 – 3,134 sqft
42
4 Bed · Apartment
4,182 sqft
5
Commercial
Store
42 – 126 sqft
55
Sales — Project-Wide186 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
19 Jun 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 71,1692,500,0002,139+22.9%StandardStandard Sale
19 Jan 20264 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 184,1827,411,4391,7720.0%StandardStandard Sale
16 Jan 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 168581,825,0002,127+19.5%StandardStandard Sale
Rentals — Project-Wide112 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 100 rentals
Floors 1-10 · 49 rentals
Floors 11-18 · 51 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Aug 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 71,192170,0001430.0%Standardrenewal
8 Aug 20263 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 151,910190,00099-26.9%Entry Levelnew
5 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 11 · Floor 12858110,000128-21.4%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 11

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 sells at a current PIX© price of AED 2,149 per sqft, or about AED 3,215,424 for a typical unit, based on 186 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 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 11?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 112 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 holds 185 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11 gone up or down?

Price per sqft has risen +8.4% over the last 12 months, to AED 2,149, across 186 registered sales.