Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 5
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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.
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 33 – 2,704 sqft | 98 | 2.02M | 2,223 | ↓2.1% | 112K | 5.6% | |
| 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 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 9 Jul 2026 | 2 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 6 | 1,308 | 2,500,000 | 1,911 | -16.7% | Standard | Standard Sale |
| 26 Feb 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 1 | 752 | 1,800,000 | 2,392 | +20.0% | Standard | Standard Sale |
| 25 Feb 2026 | 2 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 5 | 1,310 | 3,550,000 | 2,710 | +21.0% | Standard | Standard Sale |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 7 Aug 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 3 | 766 | 102,000 | 133 | -6.3% | Premium | renewal |
| 20 Jul 2026 | 2 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 1 | 1,308 | 185,000 | 141 | -11.9% | Standard | renewal |
| 15 Jul 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 5 · Floor 4 | 758 | 80,000 | 106 | +6.7% | 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 6AED 2,211/sqft
- B Extension VillasAED 2,160/sqft
- Mohammed Bin Rashid Al Maktoum City District One, B VillasAED 2,289/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 7AED 2,147/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 11AED 2,133/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 23AED 2,320/sqft
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.