PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2

Completed · Q1 2022|43 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 43 registered units. 48 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,979 per sqft. At AED 1,979 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 prices 7% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 10.1% YoY
1.90MAED
Typical
1,979AED
PSF
Gross yield
5.3%
PIX© rent ÷ PIX© price
Sale records
48
DLD · all time
Rent contracts
83
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2

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
31 – 1,528 sqft
431.90M1,97910.1%101K5.3%
Residential
1 Bed · Apartment
767 – 924 sqft
26
2 Bed · Apartment
1,373 – 1,528 sqft
5
Commercial
Store
31 – 86 sqft
12
Sales — Project-Wide48 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
DatePositionSizePricePSFvs Prior SaleTierType
6 Nov 2025Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 28311,600,0001,925+11.5%StandardStandard Sale
18 Aug 2025Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 47811,650,0002,111+22.7%StandardStandard Sale
19 Jun 2025Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 48311,980,0002,382+46.7%StandardLease-to-Own
Rentals — Project-Wide83 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 383190,000108-21.7%Standardnew
10 Jul 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 383182,50099-28.3%Standardnew
6 Jul 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor G88580,00090-30.4%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 2

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 sells at a current PIX© price of AED 1,979 per sqft, or about AED 1,898,450 for a typical unit, based on 48 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 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 2?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 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 2?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 yields 5.3% gross, calculated from current PIX© rent against current PIX© sale price, across 83 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2 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 2 gone up or down?

Price per sqft has fallen -10.1% over the last 12 months, to AED 1,979, across 48 registered sales.