Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 7 months ago01-06-2021
Handover
2 years 11 months ago30-01-2023
Status
CompleteFinished
Project Description
Residential building basement + ground + 4 floors + roof
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Falling-4%
DeclineCurrent:AED 2,029/sqft
Last 12M:AED 2,108/sqft
Momentum: Last 12Mvs Prior Year
Stable0%
GrowthLast 12M:AED 2,108/sqft
Prior Year:AED 2,112/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
At Market+1%
Above AvgProject:AED 2,029/sqft
Community:AED 2,014/sqft
Liquidity: Last 12MExit Speed
Moderate19%Turnover
6Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23 averaged 19% 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
5 sold21 left
19%
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 8 units | Type Flat | Beds 1 B/R | Size 788 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold about 1 month ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 832 sqft | Avg Price AED 1.5M | Last Price AED 1.7M | Last Sold 2 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.8M | Last Price AED 1.7M | Last Sold 4 months ago | Sales 5 |
Units G02 | Type Flat | Beds 2 B/R | Size 1,543 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold over 1 year ago | Sales 1 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,387 sqft | Avg Price AED 3.6M | Last Price AED 3.6M | Last Sold almost 2 years ago | Sales 1 |
Units 404 | Type Flat | Beds 2 B/R | Size 1,380 sqft | Avg Price AED 2.5M | Last Price AED 2.5M | Last Sold almost 2 years ago | Sales 1 |
Units G03 | Type Flat | Beds 1 B/R | Size 1,484 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Flat | Beds 1 B/R | Size 1,605 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
8 unique layouts covering 31 units