PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5

Completed · Q4 2022|98 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 98 registered units. 126 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,223 per sqft. At AED 2,223 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 prices 5% above the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 2.1% YoY
2.02MAED
Typical
2,223AED
PSF
Gross yield
5.6%
PIX© rent ÷ PIX© price
Sale records
126
DLD · all time
Rent contracts
118
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5

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 – 2,704 sqft
982.02M2,2232.1%112K5.6%
Residential
1 Bed · Apartment
749 – 1,163 sqft
59
2 Bed · Apartment
1,308 – 2,089 sqft
7
3 Bed · Apartment
1,784 – 2,704 sqft
7
Commercial
Store
33 – 119 sqft
25
Sales — Project-Wide126 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
DateUnitPositionSizePricePSFvs Prior SaleTierType
9 Jul 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 61,3082,500,0001,911-16.7%StandardStandard Sale
26 Feb 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 17521,800,0002,392+20.0%StandardStandard Sale
25 Feb 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 51,3103,550,0002,710+21.0%StandardStandard Sale
Rentals — Project-Wide118 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
7 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 3766102,000133-6.3%Premiumrenewal
20 Jul 20262 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 11,308185,000141-11.9%Standardrenewal
15 Jul 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 475880,000106+6.7%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 5

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 sells at a current PIX© price of AED 2,223 per sqft, or about AED 2,019,127 for a typical unit, based on 126 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 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 5?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 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 5?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 yields 5.6% gross, calculated from current PIX© rent against current PIX© sale price, across 118 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 holds 98 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5 gone up or down?

Price per sqft has fallen -2.1% over the last 12 months, to AED 2,223, across 126 registered sales.