Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 11 months ago31-01-2022
Status
CompleteFinished
Project Description
District One Residences Building Residences 1 is centrally located within the premier lifestyle community of Mohammed Bin Rashid Al Maktoum City ? District One. It provides a variety of residential units ranging between one, two and three bedroom apartments along with a shaded carpark and is 4 floors from the ground up.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,121/sqft
Prior Year:AED 2,178/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Moderate10%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1 averaged 10% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
1 Bedroom
26 units
2 sold24 left
8%
Velocity
2 Bedrooms
5 units
1 sold4 left
20%
Velocity
Layouts & Units (31)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units G03 | Type Flat | Beds 1 B/R | Size 885 sqft | Avg Price AED 1.4M | Last Price AED 1.5M | Last Sold 4 months ago | Sales 2 |
Units G01 | Type Flat | Beds 1 B/R | Size 924 sqft | Avg Price AED 2.1M | Last Price AED 2.1M | Last Sold 8 months ago | Sales 2 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,373 sqft | Avg Price AED 3.1M | Last Price AED 3.2M | Last Sold 12 months ago | Sales 5 |
Units 8 units | Type Flat | Beds 1 B/R | Size 781 sqft | Avg Price AED 1.6M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 13 |
Units 8 units | Type Flat | Beds 1 B/R | Size 831 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 12 |
Units G02 | Type Flat | Beds 2 B/R | Size 1,528 sqft | Avg Price AED 3.9M | Last Price AED 3.9M | Last Sold over 2 years ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.7M | Last Price AED 1.9M | Last Sold almost 3 years ago | Sales 9 |
7 unique layouts covering 31 units