PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13

Completed · Q3 2023|175 units · 1 tower

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 175 registered units. 232 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,857 per sqft. At AED 1,857 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 prices 12% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 20.8% YoY
2.11MAED
Typical
1,857AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
232
DLD · all time
Rent contracts
143
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13

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
37 – 2,588 sqft
1752.11M1,85720.8%109K5.2%
Residential
1 Bed · Apartment
668 – 1,038 sqft
59
2 Bed · Apartment
1,040 – 1,555 sqft
43
3 Bed · Apartment
1,640 – 2,588 sqft
30
Commercial
Shop
1,726 sqft
1
Store
37 – 124 sqft
42
Sales — Project-Wide232 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
3 Aug 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 11,1772,380,0002,022+3.5%StandardStandard Sale
30 Jul 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 26811,240,0001,820+7.0%StandardStandard Sale
3 Jul 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 31,1772,200,0001,870+7.6%StandardStandard Sale
Rentals — Project-Wide143 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 · 115 rentals
Floors 1-9 · 67 rentals
Floors 10-14 · 48 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
7 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 1172188,000122-7.4%Standardrenewal
7 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 11720100,0001390.0%Premiumrenewal
1 Aug 20263 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 13 · Floor 41,640205,0001250.0%Standardrenewal

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 13

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 sells at a current PIX© price of AED 1,857 per sqft, or about AED 2,106,888 for a typical unit, based on 232 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 is recorded as completed in the Dubai Land Department project register (completed q3 2023).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 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 13?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 143 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 holds 175 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13 gone up or down?

Price per sqft has fallen -20.8% over the last 12 months, to AED 1,857, across 232 registered sales.