PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28

Completed · Q2 2023|42 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 42 registered units. 69 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,817 per sqft. At AED 1,817 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 prices 14% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 16.6% YoY
1.60MAED
Typical
1,817AED
PSF
Gross yield
7.0%
PIX© rent ÷ PIX© price
Sale records
69
DLD · all time
Rent contracts
30
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28

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 – 1,599 sqft
421.60M1,81716.6%111K7.0%
Residential
1 Bed · Apartment
767 – 1,599 sqft
26
2 Bed · Apartment
1,380 – 1,543 sqft
5
Commercial
Store
33 – 86 sqft
11
Sales — Project-Wide69 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
5 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 17881,300,0001,649-16.1%StandardStandard Sale
4 Jul 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 27671,470,0001,917-12.8%StandardStandard Sale
6 Feb 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 27881,615,0002,048+19.6%StandardStandard Sale
Rentals — Project-Wide30 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
16 Aug 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 3767115,000150-4.2%Standardnew
1 Jul 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 378878,00099-17.5%Standardrenewal
28 May 2026Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 28 · Floor 278895,000120Standardnew

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 28

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 sells at a current PIX© price of AED 1,817 per sqft, or about AED 1,596,600 for a typical unit, based on 69 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 is recorded as completed in the Dubai Land Department project register (completed q2 2023).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 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 28?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 yields 7.0% gross, calculated from current PIX© rent against current PIX© sale price, across 30 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 28 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 28 gone up or down?

Price per sqft has fallen -16.6% over the last 12 months, to AED 1,817, across 69 registered sales.