Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 29
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 3 months ago01-10-2021
Handover
2 years 7 months ago30-05-2023
Status
CompleteFinished
Project Description
Residential building basement + ground + 4 floors + roof
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Rising+3%
GrowthCurrent:AED 2,156/sqft
Last 12M:AED 2,103/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,103/sqft
Prior Year:AED 2,164/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Premium+7%
Above AvgProject:AED 2,156/sqft
Community:AED 2,014/sqft
Liquidity: Last 12MExit Speed
Moderate10%Turnover
3Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 29 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
26 units
1 sold25 left
4%
Velocity
2 Bedrooms
5 units
2 sold3 left
40%
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 1.7M | Last Price AED 1.7M | Last Sold 7 months ago | Sales 2 |
Units 3 units | Type Flat | Beds 2 B/R | Size 1,387 sqft | Avg Price AED 2.9M | Last Price AED 3.2M | Last Sold 9 months ago | Sales 2 |
Units 8 units | Type Flat | Beds 1 B/R | Size 832 sqft | Avg Price AED 1.3M | Last Price AED 1.3M | Last Sold about 1 year ago | Sales 1 |
Units 404 | Type Flat | Beds 2 B/R | Size 1,380 sqft | Avg Price AED 4.0M | Last Price AED 4.0M | Last Sold over 1 year ago | Sales 1 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.6M | Last Price AED 1.6M | Last Sold almost 2 years ago | Sales 2 |
Units G03 | Type Flat | Beds 1 B/R | Size 1,474 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Flat | Beds 1 B/R | Size 1,598 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G02 | Type Flat | Beds 2 B/R | Size 1,543 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
8 unique layouts covering 31 units