Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3
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 3 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
Stable0%
GrowthLast 12M:AED 2,435/sqft
Prior Year:AED 2,427/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Low3%Turnover
1Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3 averaged 3% 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
26 units
1 sold25 left
4%
Velocity
2 Bedrooms
5 units
0 sold5 left
0%
Velocity
Layouts & Units (31)
| Units | Type | Beds | Size | Avg Price | Last Price | Last Sold | Sales |
|---|---|---|---|---|---|---|---|
Units G01 | Type Flat | Beds 1 B/R | Size 924 sqft | Avg Price AED 2.2M | Last Price AED 2.3M | Last Sold 6 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 781 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold about 1 year ago | Sales 10 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.9M | Last Price AED 2.0M | Last Sold about 1 year ago | Sales 8 |
Units 8 units | Type Flat | Beds 1 B/R | Size 831 sqft | Avg Price AED 1.8M | Last Price AED 2.2M | Last Sold over 1 year ago | Sales 8 |
Units G02 | Type Flat | Beds 2 B/R | Size 1,528 sqft | Avg Price AED 4.3M | Last Price AED 4.3M | Last Sold almost 2 years ago | Sales 1 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,373 sqft | Avg Price AED 3.5M | Last Price AED 3.6M | Last Sold almost 2 years ago | Sales 4 |
Units G03 | Type Flat | Beds 1 B/R | Size 885 sqft | Avg Price AED 2.2M | Last Price AED 2.2M | Last Sold about 2 years ago | Sales 1 |
7 unique layouts covering 31 units