PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24

Completed · Q1 2023|42 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 42 registered units. 93 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,136 per sqft. At AED 2,136 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 prices in line with the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 0.0% YoY
2.02MAED
Typical
2,136AED
PSF
Gross yield
4.8%
PIX© rent ÷ PIX© price
Sale records
93
DLD · all time
Rent contracts
70
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24

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
33 – 1,593 sqft
422.02M2,1360.0%96K4.8%
Residential
1 Bed · Apartment
767 – 1,593 sqft
26
2 Bed · Apartment
1,380 – 1,543 sqft
5
Commercial
Store
33 – 86 sqft
11
Sales — Project-Wide93 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
DatePositionSizePricePSFvs Prior SaleTierType
15 Jul 2024Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 48321,777,9502,136+27.0%StandardStandard Sale
10 Jul 2024Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 27671,638,8532,136+23.3%StandardStandard Sale
10 Jul 2024Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 27881,684,1572,136+23.1%PremiumStandard Sale
Rentals — Project-Wide70 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Jul 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 31,387150,000108+8.2%Standardnew
1 Jul 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 31,387138,608100-30.7%Standardnew
1 Jun 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 24 · Floor 376785,000111-22.7%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 24

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 sells at a current PIX© price of AED 2,136 per sqft, or about AED 2,016,129 for a typical unit, based on 93 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 is recorded as completed in the Dubai Land Department project register (completed q1 2023).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 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 24?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 yields 4.8% gross, calculated from current PIX© rent against current PIX© sale price, across 70 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 holds 42 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 24 gone up or down?

Price per sqft has held flat over the last 12 months at AED 2,136, across 93 registered sales.