Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 2 months ago06-11-2022
Status
CompleteFinished
Project Description
District One Residences Building 16 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 8 floors from the ground up.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Falling-22%
DeclineLast 12M:AED 1,822/sqft
Prior Year:AED 2,340/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Low4%Turnover
4Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16 averaged 4% liquidity over the last 12 months, which is considered low. 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
77 units
2 sold75 left
3%
Velocity
2 Bedrooms
9 units
0 sold9 left
0%
Velocity
3 Bedrooms
9 units
2 sold7 left
22%
Velocity
Layouts & Units (95)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units G03 | Type Flat | Beds 3 B/R | Size 2,712 sqft | Avg Price AED 4.7M | Last Price AED 5.0M | Last Sold 3 months ago | Sales 2 |
Units 12 units | Type Flat | Beds 1 B/R | Size 775 sqft | Avg Price AED 1.5M | Last Price AED 1.3M | Last Sold 8 months ago | Sales 4 |
Units 16 units | Type Flat | Beds 1 B/R | Size 745 sqft | Avg Price AED 1.7M | Last Price AED 1.6M | Last Sold 12 months ago | Sales 8 |
Units 8 units | Type Flat | Beds 2 B/R | Size 1,289 sqft | Avg Price AED 3.7M | Last Price AED 3.9M | Last Sold about 1 year ago | Sales 3 |
Units 8 units | Type Flat | Beds 3 B/R | Size 1,779 sqft | Avg Price AED 4.7M | Last Price AED 5.0M | Last Sold over 1 year ago | Sales 2 |
Units 9 units | Type Flat | Beds 1 B/R | Size 759 sqft | Avg Price AED 1.5M | Last Price AED 1.5M | Last Sold over 1 year ago | Sales 2 |
Units 5 units | Type Flat | Beds 1 B/R | Size 749 sqft | Avg Price AED 1.7M | Last Price AED 1.9M | Last Sold over 1 year ago | Sales 4 |
Units G04 | Type Flat | Beds 2 B/R | Size 2,091 sqft | Avg Price AED 4.4M | Last Price AED 4.4M | Last Sold almost 2 years ago | Sales 1 |
Units 12 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.5M | Last Price AED 1.6M | Last Sold about 2 years ago | Sales 5 |
Units G02 | Type Flat | Beds 1 B/R | Size 1,163 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 2 years ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 755 sqft | Avg Price AED 1.8M | Last Price AED 1.7M | Last Sold about 2 years ago | Sales 4 |
Units 8 units | Type Flat | Beds 1 B/R | Size 787 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold about 2 years ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 769 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G06 | Type Flat | Beds 1 B/R | Size 1,019 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G05 | Type Flat | Beds 1 B/R | Size 1,028 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G07 | Type Flat | Beds 1 B/R | Size 1,034 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Flat | Beds 1 B/R | Size 1,057 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
17 unique layouts covering 95 units