Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2
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 2 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-6%
DeclineLast 12M:AED 2,018/sqft
Prior Year:AED 2,156/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
—No recent sales
Liquidity: Last 12MExit Speed
Low6%Turnover
2Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2 averaged 6% 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
2 sold24 left
8%
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 8 units | Type Flat | Beds 1 B/R | Size 831 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold 3 months ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 781 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold 5 months ago | Sales 4 |
Units G02 | Type Flat | Beds 2 B/R | Size 1,528 sqft | Avg Price AED 3.5M | Last Price AED 3.5M | 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 1.8M | Last Sold about 3 years ago | Sales 3 |
Units G01 | Type Flat | Beds 1 B/R | Size 924 sqft | Avg Price AED 1.9M | Last Price AED 1.9M | Last Sold over 3 years ago | Sales 1 |
Units G03 | Type Flat | Beds 1 B/R | Size 885 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,373 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
7 unique layouts covering 31 units