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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17

Completed · Q4 2022|31 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 31 registered units. 31 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,808 per sqft. At AED 1,808 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 prices 15% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 0.0% YoY
1.68MAED
Typical
1,808AED
PSF
Gross yield
6.2%
PIX© rent ÷ PIX© price
Sale records
31
DLD · all time
Rent contracts
67
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17

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
767 – 1,593 sqft
311.68M1,8080.0%104K6.2%
1 Bed · Apartment
767 – 1,593 sqft
26
2 Bed · Apartment
1,387 – 1,543 sqft
5
Sales — Project-Wide31 DLD records
PIX© price analysis
All time
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
23 Jan 20231 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor 48321,485,0001,784StandardOff-Plan Sale
2 Jan 20232 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor 31,3872,685,0001,935StandardOff-Plan Sale
21 Dec 20221 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor G1,5932,485,0001,560Entry LevelOff-Plan Sale
Rentals — Project-Wide67 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
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Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor 378880,000101-15.8%Standardnew
1 Aug 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor 11,387145,000105-21.6%Standardnew
14 May 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 17 · Floor 283290,000108-18.2%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 17

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 sells at a current PIX© price of AED 1,808 per sqft, or about AED 1,678,548 for a typical unit, based on 31 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 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 17?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 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 17?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 yields 6.2% gross, calculated from current PIX© rent against current PIX© sale price, across 67 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 holds 31 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 17 gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,808, across 31 registered sales.