Home›Projects›Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1

by District One - FZ·MBR CITYResidentialFreehold

Development & Handover Profile

✓ Handover Complete
Construction Progress100.0%
Project Start
Dec 1, 2017
Expected Handover
Jan 31, 2022
Total Units
31
Avg Unit Size
899 sqft
Freehold Ratio
100%
Escrow Agent
Dubai Islamic Bank PJSC
Median Price
AED 1.64M
PSF
AED 1,500/sqft
Sales 12M
1
vs Area
+32.5%
Asset Turnover
ⓘ
3.2%
Liquidity (12M)

Physical Inventory Profile

Total Registered Units
31
Avg Unit Size
899 sqft
1BR
83.9%
2BR
16.1%

Room Configuration

Unit TypeCountShare
1BR2683.9%
2BR516.1%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit TypeInventory ShareSales Share (12M)Demand IndexStatus
1BR83.9%
26 units
100.0%
1 sold
1.19⚠️ STAGNANT
2BR16.1%
5 units
0.0%
0 sold
—🚫 GHOST UNIT
Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

DateAreaProjectRoomsPricePSFStatusOwnership
23 Sep 2025
MBR CITY1BRAED 1.50MAED 1,695/sqftReadyFreehold
15 May 2025
MBR CITY1BRAED 2.15MAED 2,327/sqftReadyFreehold
6 Feb 2025
MBR CITY2BRAED 3.21MAED 2,342/sqftReadyFreehold
31 May 2024
MBR CITY1BRAED 1.75MAED 2,239/sqftReadyFreehold
7 May 2024
MBR CITY1BRAED 1.77MAED 2,136/sqftReadyFreehold
18 Apr 2024
MBR CITY1BRAED 1.69MAED 2,159/sqftReadyFreehold
13 Nov 2023
MBR CITY1BRAED 1.95MAED 2,495/sqftReadyFreehold
17 Aug 2023
MBR CITY1BRAED 2.07MAED 2,485/sqftReadyFreehold
17 Aug 2023
MBR CITY1BRAED 1.94MAED 2,486/sqftReadyFreehold
10 Jul 2023
MBR CITY2BRAED 3.87MAED 2,531/sqftReadyFreehold
7 Mar 2023
MBR CITY1BRAED 1.75MAED 2,239/sqftReadyFreehold
27 Feb 2023
MBR CITY1BRAED 2.05MAED 2,467/sqftReadyFreehold
23 Feb 2023
MBR CITY1BRAED 1.75MAED 2,100/sqftReadyFreehold
23 Feb 2023
MBR CITY1BRAED 1.88MAED 2,453/sqftReadyFreehold
10 Feb 2023
MBR CITY1BRAED 1.24MAED 1,590/sqftReadyFreehold
10 Feb 2023
MBR CITY1BRAED 1.66MAED 2,126/sqftReadyFreehold
10 Feb 2023
MBR CITY1BRAED 1.23MAED 1,576/sqftReadyFreehold
10 Feb 2023
MBR CITY1BRAED 1.31MAED 1,485/sqftReadyFreehold
10 Feb 2023
MBR CITY1BRAED 1.17MAED 1,492/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.20MAED 1,438/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.31MAED 1,574/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.19MAED 1,437/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.14MAED 1,489/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.17MAED 1,493/sqftReadyFreehold
9 Feb 2023
MBR CITY1BRAED 1.19MAED 1,437/sqftReadyFreehold
29 Dec 2022
MBR CITY1BRAED 1.68MAED 2,191/sqftReadyFreehold
28 Dec 2022
MBR CITY1BRAED 1.79MAED 2,150/sqftReadyFreehold
28 Dec 2022
MBR CITY1BRAED 1.73MAED 2,250/sqftReadyFreehold
5 Dec 2022
MBR CITY1BRAED 2.03MAED 2,200/sqftReadyFreehold
5 Dec 2022
MBR CITY1BRAED 1.71MAED 2,225/sqftReadyFreehold
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