Home›Projects›Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 2

by District One - FZ·MBR CITYResidentialFreeholdOff-plan Heavy

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 1.37M
PSF
AED 1,790/sqft
Sales 12M
1
vs Area
+10.4%
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
6 Nov 2025
MBR CITY1BRAED 1.60MAED 1,925/sqftReadyFreehold
18 Aug 2025
MBR CITY1BRAED 1.65MAED 2,111/sqftReadyFreehold
19 Jun 2025
MBR CITY1BRAED 1.98MAED 2,382/sqftReadyFreehold
30 Sep 2024
MBR CITY1BRAED 1.50MAED 1,919/sqftReadyFreehold
14 May 2024
MBR CITY1BRAED 1.87MAED 2,393/sqftReadyFreehold
2 May 2023
MBR CITY2BRAED 3.45MAED 2,258/sqftReadyFreehold
4 Jan 2023
MBR CITY1BRAED 1.75MAED 2,282/sqftReadyFreehold
21 Nov 2022
MBR CITY1BRAED 1.45MAED 1,855/sqftReadyFreehold
14 Nov 2022
MBR CITY1BRAED 1.90MAED 2,477/sqftReadyFreehold
18 Aug 2022
MBR CITY1BRAED 1.90MAED 2,056/sqftReadyFreehold
27 Apr 2022
MBR CITY1BRAED 1.45MAED 1,891/sqftReadyFreehold
1 Mar 2022
MBR CITY1BRAED 1.80MAED 2,347/sqftReadyFreehold
15 Dec 2021
MBR CITY1BRAED 1.12MAED 1,441/sqftOff-planFreehold
11 Oct 2021
MBR CITY2BRAED 2.90MAED 2,139/sqftOff-planFreehold
30 Aug 2021
MBR CITY1BRAED 1.43MAED 1,872/sqftOff-planFreehold
19 Jul 2021
MBR CITY1BRAED 1.25MAED 1,643/sqftOff-planFreehold
2 Jul 2021
MBR CITY1BRAED 1.28MAED 1,683/sqftOff-planFreehold
13 Jan 2021
MBR CITY1BRAED 1.40MAED 1,800/sqftOff-planFreehold
7 Jan 2021
MBR CITY1BRAED 1.43MAED 1,800/sqftOff-planFreehold
8 Jul 2020
MBR CITY2BRAED 2.43MAED 1,790/sqftOff-planFreehold
9 Jun 2020
MBR CITY1BRAED 1.35MAED 1,730/sqftOff-planFreehold
9 Jun 2020
MBR CITY1BRAED 1.35MAED 1,695/sqftOff-planFreehold
5 Jun 2020
MBR CITY1BRAED 1.35MAED 1,730/sqftOff-planFreehold
4 Jun 2020
MBR CITY1BRAED 1.35MAED 1,695/sqftOff-planFreehold
3 Jun 2020
MBR CITY1BRAED 1.30MAED 1,678/sqftOff-planFreehold
1 Jun 2020
MBR CITY1BRAED 1.35MAED 1,695/sqftOff-planFreehold
1 Jun 2020
MBR CITY1BRAED 1.36MAED 1,790/sqftOff-planFreehold
1 Jun 2020
MBR CITY1BRAED 1.65MAED 1,790/sqftOff-planFreehold
28 May 2020
MBR CITY1BRAED 1.57MAED 1,790/sqftOff-planFreehold
27 May 2020
MBR CITY1BRAED 1.35MAED 1,730/sqftOff-planFreehold
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