Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 21
ReadyDeveloperDistrict One - FZ
AreaAl Merkadh
Started
4 years 7 months ago01-06-2021
Handover
3 years ago30-12-2022
Status
CompleteFinished
Project Description
Residential building basement + ground + 4 floors + roof
Performance Alpha
Momentum: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,255/sqft
Last 12M:AED 2,221/sqft
Momentum: Last 12Mvs Prior Year
Falling-3%
DeclineLast 12M:AED 2,221/sqft
Prior Year:AED 2,284/sqft
Community Compare: Last 90DMohammed Bin Rashid AL Maktoum City -District -1 Community
Premium+12%
Above AvgProject:AED 2,255/sqft
Community:AED 2,014/sqft
Liquidity: Last 12MExit Speed
High68%Turnover
21Sold (Last 12M)
Supply & Demand Matrix
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 21 averaged 68% liquidity over the last 12 months, which is considered high. 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
18 sold8 left
69%
Velocity
2 Bedrooms
5 units
3 sold2 left
60%
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 1.6M | Last Sold 3 months ago | Sales 8 |
Units 4 units | Type Flat | Beds 2 B/R | Size 1,387 sqft | Avg Price AED 3.4M | Last Price AED 3.4M | Last Sold 6 months ago | Sales 4 |
Units 8 units | Type Flat | Beds 1 B/R | Size 832 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold 9 months ago | Sales 8 |
Units 8 units | Type Flat | Beds 1 B/R | Size 767 sqft | Avg Price AED 1.8M | Last Price AED 1.8M | Last Sold 9 months ago | Sales 8 |
Units G03 | Type Flat | Beds 1 B/R | Size 1,477 sqft | Avg Price — | Last Price — | Last Sold — | Sales — |
Units G01 | Type Flat | Beds 1 B/R | Size 1,599 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 — |
7 unique layouts covering 31 units