Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12
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Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 is a completed apartment development by District One - FZ in Mohammed Bin Rashid Al Maktoum City District One, Al Merkadh, comprising 237 registered units. 270 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,094 per sqft. At AED 2,094 per sqft, Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 prices 1% below 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 35 – 5,848 sqft | 237 | 1.94M | 2,094 | ↓13.6% | 115K | 5.9% | |
| Residential | |||||||
1 Bed · Apartment 730 – 1,163 sqft | 94 | ||||||
2 Bed · Apartment 1,096 – 2,140 sqft | 64 | ||||||
5 Bed · Apartment 5,848 sqft | 1 | — | — | — | — | — | |
| Commercial | |||||||
Store 35 – 148 sqft | 78 | — | — | — | — | — | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 11 Aug 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City-District One, Phase Iii, Residences 12 · Floor 12 | 753 | 1,400,000 | 1,860 | +10.8% | Standard | Standard Sale |
| 12 Jun 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City-District One, Phase Iii, Residences 12 · Floor 14 | 753 | 1,550,000 | 2,059 | -11.4% | Standard | Standard Sale |
| 9 Feb 2026 | 2 Bed | Mohammed Bin Rashid Al Maktoum City-District One, Phase Iii, Residences 12 · Floor 12 | 1,096 | 2,500,000 | 2,280 | +34.5% | Standard | Standard Sale |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 134 rentals |
| Floors 1-5 | 35 rentals |
| Floors 6-16 | 99 rentals |
| Start Date | Unit | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 1 Sep 2026 | 2 Bed | — | 2,089 | 152,000 | 73 | — | Standard | new |
| 8 Aug 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City-District One, Phase Iii, Residences 12 · Floor 5 | 765 | 101,168 | 132 | — | Premium | new |
| 1 Aug 2026 | 1 Bed | Mohammed Bin Rashid Al Maktoum City-District One, Phase Iii, Residences 12 · Floor 10 | 749 | 75,000 | 100 | -18.5% | 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 19AED 2,081/sqft
- Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences 21AED 2,118/sqft
- Naya at District OneAED 2,061/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 7AED 2,147/sqft
- B Extension VillasAED 2,160/sqft
Common questions about Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12
Answered from Dubai Land Department registered transactions.
How much does a property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 cost?
Property in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 sells at a current PIX© price of AED 2,094 per sqft, or about AED 1,943,885 for a typical unit, based on 270 sales registered with the Dubai Land Department.
Is Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 completed?
Yes. Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 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 , Residences12?
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 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 , Residences12?
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 187 registered Ejari contracts.
How many units are in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12?
Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 holds 237 registered units, per the Dubai Land Department unit register.
Have prices in Mohammed Bin Rashid Al Maktoum City , District One Phase 3 , Residences12 gone up or down?
Price per sqft has fallen -13.6% over the last 12 months, to AED 2,094, across 270 registered sales.