Home›Projects›Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28

Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28

by District One - FZ·MBR CITYResidentialFreeholdOff-plan Heavy

Development & Handover Profile

✓ Handover Complete

Construction Progress100.0%

Project Start

Oct 1, 2021

Expected Handover

May 30, 2023

Official Status

FINISHED

Total Units

Avg Unit Size

944 sqft

Freehold Ratio

100%

Escrow Agent

Dubai Islamic Bank PJSC

Median Price

AED 1.57M

PSF

AED 1,935/sqft

Sales 12M

vs Area

+26.8%

Asset Turnover

ⓘ

0.0%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

Avg Unit Size

944 sqft

1BR

83.9%

2BR

16.1%

Room Configuration

Unit Type	Count	Share
1BR	26	83.9%
2BR	5	16.1%

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 Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	83.9% 26 units	100.0% 3 sold	1.19	✓ BALANCED
2BR	16.1% 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

Date	Area	Rooms	Price	PSF	Status	Ownership
5 Aug 2026	MBR CITY	1BR	AED 1.30M	AED 1,649/sqft	Ready	Freehold
4 Jul 2026 Published 6 Jul 2026	MBR CITY	1BR	AED 1.47M	AED 1,917/sqft	Ready	Freehold
6 Feb 2026	MBR CITY	1BR	AED 1.61M	AED 2,048/sqft	Ready	Freehold
31 Jul 2025	MBR CITY	1BR	AED 1.82M	AED 2,380/sqft	Ready	Freehold
16 Jun 2025	MBR CITY	1BR	AED 1.55M	AED 1,966/sqft	Ready	Freehold
25 Mar 2025	MBR CITY	1BR	AED 1.35M	AED 1,712/sqft	Ready	Freehold
27 Jan 2025	MBR CITY	1BR	AED 1.65M	AED 2,152/sqft	Ready	Freehold
25 Dec 2024	MBR CITY	2BR	AED 2.50M	AED 1,812/sqft	Ready	Freehold
15 Oct 2024	MBR CITY	2BR	AED 3.00M	AED 2,163/sqft	Ready	Freehold
16 May 2024	MBR CITY	1BR	AED 1.57M	AED 1,990/sqft	Ready	Freehold
6 May 2024	MBR CITY	1BR	AED 1.53M	AED 1,838/sqft	Ready	Freehold
6 May 2024	MBR CITY	1BR	AED 1.57M	AED 1,886/sqft	Ready	Freehold
2 Apr 2024	MBR CITY	1BR	AED 1.84M	AED 2,210/sqft	Ready	Freehold
19 Mar 2024	MBR CITY	1BR	AED 1.51M	AED 1,913/sqft	Ready	Freehold
18 Mar 2024	MBR CITY	1BR	AED 1.51M	AED 1,913/sqft	Ready	Freehold
14 Mar 2024	MBR CITY	1BR	AED 1.57M	AED 1,994/sqft	Ready	Freehold
13 Mar 2024	MBR CITY	1BR	AED 1.57M	AED 1,990/sqft	Ready	Freehold
20 Feb 2024	MBR CITY	1BR	AED 1.51M	AED 1,913/sqft	Ready	Freehold
14 Feb 2024	MBR CITY	1BR	AED 1.51M	AED 1,913/sqft	Ready	Freehold
28 Dec 2023	MBR CITY	1BR	AED 1.69M	AED 2,032/sqft	Ready	Freehold
18 Dec 2023	MBR CITY	1BR	AED 1.69M	AED 2,032/sqft	Ready	Freehold
13 Nov 2023	MBR CITY	1BR	AED 1.64M	AED 1,971/sqft	Ready	Freehold
5 Oct 2023	MBR CITY	1BR	AED 1.67M	AED 2,124/sqft	Ready	Freehold
28 Sep 2023	MBR CITY	1BR	AED 1.69M	AED 2,197/sqft	Ready	Freehold
18 Sep 2023	MBR CITY	1BR	AED 1.64M	AED 1,964/sqft	Ready	Freehold
8 May 2023	MBR CITY	2BR	AED 3.16M	AED 2,287/sqft	Off-plan	Freehold
17 Apr 2023	MBR CITY	1BR	AED 1.76M	AED 2,289/sqft	Off-plan	Freehold
3 Apr 2023	MBR CITY	2BR	AED 3.16M	AED 2,287/sqft	Off-plan	Freehold
3 Apr 2023	MBR CITY	2BR	AED 3.17M	AED 2,292/sqft	Off-plan	Freehold
3 Apr 2023	MBR CITY	2BR	AED 3.16M	AED 2,287/sqft	Off-plan	Freehold