PropertyIndex

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8

Completed · Q4 2023|101 units · 1 building

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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 101 registered units. 72 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,543 per sqft. At AED 1,543 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 prices 27% below the Mohammed Bin Rashid Al Maktoum City District One average of AED 2,117 per sqft on registered sales.

PIX© price · 0.0% YoY
1.41MAED
Typical
1,543AED
PSF
Gross yield
8.2%
PIX© rent ÷ PIX© price
Sale records
72
DLD · all time
Rent contracts
120
Ejari · all time
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8

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 – 2,712 sqft
1011.41M1,5430.0%116K8.2%
Residential
1 Bed · Apartment
750 – 1,163 sqft
59
2 Bed · Apartment
1,314 – 2,096 sqft
7
3 Bed · Apartment
1,789 – 2,712 sqft
7
Commercial
Store
33 – 124 sqft
28
Sales — Project-Wide72 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
8 Mar 2021Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor 37521,159,0971,541Entry LevelOff-Plan Sale
8 Mar 2021Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor 37501,165,3821,554PremiumOff-Plan Sale
4 Mar 2021Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor 67581,177,1361,554StandardOff-Plan Sale
Rentals — Project-Wide120 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 103 rentals
Floors 1-3 · 46 rentals
Floors 4-6 · 57 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
15 Aug 20263 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor G2,712260,00096-21.2%Standardnew
13 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor 275280,000106-20.0%Entry Levelnew
10 Aug 20261 BedMohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 8 · Floor 575288,000117-2.2%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 8

Answered from Dubai Land Department registered transactions.

How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 cost?

Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 sells at a current PIX© price of AED 1,543 per sqft, or about AED 1,407,630 for a typical unit, based on 72 sales registered with the Dubai Land Department.

Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 completed?

Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 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 8?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 yields 8.2% gross, calculated from current PIX© rent against current PIX© sale price, across 120 registered Ejari contracts.

How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8?

Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 holds 101 registered units, per the Dubai Land Department unit register.

Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 8 gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,543, across 72 registered sales.