Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 2
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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.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 31 – 1,528 sqft | 43 | 1.90M | 1,979 | ↓10.1% | 101K | 5.3% | |
| Residential | |||||||
1 Bed · Apartment 767 – 924 sqft | 26 | ||||||
2 Bed · Apartment 1,373 – 1,528 sqft | 5 | — | — | — | — | — | |
| Commercial | |||||||
Store 31 – 86 sqft | 12 | — | — | — | — | — | — |
| Date | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 6 Nov 2025 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 2 | 831 | 1,600,000 | 1,925 | +11.5% | Standard | Standard Sale |
| 18 Aug 2025 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 4 | 781 | 1,650,000 | 2,111 | +22.7% | Standard | Standard Sale |
| 19 Jun 2025 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 4 | 831 | 1,980,000 | 2,382 | +46.7% | Standard | Lease-to-Own |
| Start Date | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 3 | 831 | 90,000 | 108 | -21.7% | Standard | new |
| 10 Jul 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor 3 | 831 | 82,500 | 99 | -28.3% | Standard | new |
| 6 Jul 2026 | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 2 · Floor G | 885 | 80,000 | 90 | -30.4% | Entry Level | new |
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.
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 13AED 1,982/sqft
- West - Phase 1AED 1,958/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 3AED 2,011/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 18AED 1,936/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 15AED 1,926/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5AED 1,925/sqft
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.