PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16

Completed · Q4 2022|95 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 95 registered units. 166 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,486 per sqft. At AED 2,486 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 prices 17% above the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 34.9% YoY
2.15MAED
Typical
2,486AED
PSF
Gross yield
5.4%
PIX© rent ÷ PIX© price
Sale records
166
DLD · all time
Rent contracts
139
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16

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
745 – 2,712 sqft
952.15M2,48634.9%116K5.4%
1 Bed · Apartment
745 – 1,163 sqft
77
2 Bed · Apartment
1,289 – 2,091 sqft
9
3 Bed · Apartment
1,779 – 2,712 sqft
9
Sales — Project-Wide166 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
9 Jun 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor 57452,020,0002,710+65.1%StandardStandard Sale
1 Jun 20263 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor 21,7791,983,9001,115CompletionStandardStandard Sale
23 Oct 20253 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor G2,7125,000,0001,844+15.5%StandardStandard Sale
Rentals — Project-Wide139 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 · 87 rentals
Floors 1-5 · 48 rentals
Floors 6-8 · 39 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
13 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor 876785,000111-10.3%Standardnew
10 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor 174577,787104-25.9%Entry Levelnew
1 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16 · Floor 675575,00099-25.0%Entry Levelnew

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 16

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 sells at a current PIX© price of AED 2,486 per sqft, or about AED 2,148,905 for a typical unit, based on 166 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 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 16?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 yields 5.4% gross, calculated from current PIX© rent against current PIX© sale price, across 139 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 holds 95 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 16 gone up or down?

Price per sqft has risen +34.9% over the last 12 months, to AED 2,486, across 166 registered sales.