ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1
Key information
- Handover
- Q1 2022
- Status
- Handed over
- Location
- Al Merkadh, Dubai
- Master project
- Mohammed Bin Rashid AL Maktoum City -District -1 Community
- Construction started
- 2017
- Number of buildings
- 1
- Number of units
- 31
- Registered with DLD
- 07 Dec 2017
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582219049601
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2017
- Handed overQ1 2022
Construction progress
51 inspection photos from the Dubai Land Department. Latest 16 Feb 2022 at 100% complete.
Amenities
The DLD project record doesn't list facilities. Ask us for the District One brochure and we'll send the full amenity list for Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 1.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 15% below than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 64 | 799 sqft | AED 1.5M | AED 2K |
| 2 Bed | 11 | 1,395 sqft | AED 2.7M | AED 2K |
Price per sqft by year
+41% since 2018AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 23 Sept 2025 | Resale | 885 sqft | AED 1.5M | AED 2K |
| 15 May 2025 | Resale | 924 sqft | AED 2.1M | AED 2K |
| 06 Feb 2025 | Resale | 1,373 sqft | AED 3.2M | AED 2K |
| 31 May 2024 | Resale | 781 sqft | AED 1.8M | AED 2K |
| 07 May 2024 | Resale | 831 sqft | AED 1.8M | AED 2K |
| 18 Apr 2024 | Resale | 781 sqft | AED 1.7M | AED 2K |
| 13 Nov 2023 | Resale | 781 sqft | AED 1.9M | AED 2K |
| 17 Aug 2023 | Resale | 781 sqft | AED 1.9M | AED 2K |
Unit mix
31 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 26 | - |
| 2 B/R | 5 | - |
Payment plan
Payment plans are set by District One and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Al Merkadh, Dubai.
Al Merkadh
Dubai, United Arab Emirates
.jpeg)
.jpg)
.jpeg)
