Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
8 years 1 month ago01-12-2017
Handover
3 years 3 months ago06-10-2022
Status
CompleteFinished
Project Description
District One Residences Building 5 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 6 floors from the ground up.
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
—No recent sales
Momentum: Last 12Mvs Prior Year
Rising+11%
GrowthLast 12M:AED 2,246/sqft
Prior Year:AED 2,025/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Premium+11%
Above AvgProject:AED 2,243/sqft
Community:AED 2,014/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
7Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5 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
59 units
6 sold53 left
10%
Velocity
2 Bedrooms
7 units
0 sold7 left
0%
Velocity
3 Bedrooms
7 units
1 sold6 left
14%
Velocity
Layouts & Units (73)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units 12 units | Type Flat | Beds 1 B/R | Size 753 sqft | Avg Price AED 1.6M | Last Price AED 1.7M | Last Sold 3 months ago | Sales 7 |
Units 16 units | Type Flat | Beds 1 B/R | Size 750 sqft | Avg Price AED 1.7M | Last Price AED 1.8M | Last Sold 3 months ago | Sales 8 |
Units 6 units | Type Flat | Beds 3 B/R | Size 1,784 sqft | Avg Price AED 4.2M | Last Price AED 4.0M | Last Sold 9 months ago | Sales 3 |
Units 6 units | Type Flat | Beds 1 B/R | Size 758 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold 11 months ago | Sales 1 |
Units G02 | Type Flat | Beds 1 B/R | Size 1,163 sqft | Avg Price AED 2.3M | Last Price AED 2.3M | Last Sold about 1 year ago | Sales 1 |
Units 2 units | Type Flat | Beds 1 B/R | Size 781 sqft | Avg Price AED 1.4M | Last Price AED 1.4M | Last Sold about 1 year ago | Sales 1 |
Units 12 units | Type Flat | Beds 1 B/R | Size 766 sqft | Avg Price AED 1.5M | Last Price AED 1.8M | Last Sold over 1 year ago | Sales 6 |
Units G07 | Type Flat | Beds 1 B/R | Size 1,033 sqft | Avg Price AED 1.7M | Last Price AED 1.7M | Last Sold almost 2 years ago | Sales 1 |
Units G03 | Type Flat | Beds 3 B/R | Size 2,704 sqft | Avg Price AED 5.2M | Last Price AED 5.2M | Last Sold almost 2 years ago | Sales 1 |
Units 6 units | Type Flat | Beds 2 B/R | Size 1,310 sqft | Avg Price AED 3.0M | Last Price AED 2.9M | Last Sold almost 2 years ago | Sales 5 |
Units 5 units | Type Flat | Beds 1 B/R | Size 797 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 101 | Type Flat | Beds 1 B/R | Size 798 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G06 | Type Flat | Beds 1 B/R | Size 1,022 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G05 | Type Flat | Beds 1 B/R | Size 1,025 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Flat | Beds 1 B/R | Size 1,062 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G04 | Type Flat | Beds 2 B/R | Size 2,089 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
16 unique layouts covering 73 units