ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23
Key information
- Handover
- Q1 2023
- Status
- Handed over
- Location
- Al Merkadh, Dubai
- Master project
- Mohammed Bin Rashid AL Maktoum City -District -1 Community
- Construction started
- 2021
- Number of buildings
- 1
- Number of units
- 31
- Registered with DLD
- 08 Apr 2021
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582231422201
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ1 2023
Construction progress
50 inspection photos from the Dubai Land Department. Latest 28 Jul 2023 at 100% complete.
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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 23.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 5% above than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 42 | 862 sqft | AED 1.6M | AED 2K |
| 2 Bed | 11 | 1,349 sqft | AED 2.8M | AED 2K |
Price per sqft by year
+28% since 2021AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 06 Apr 2026 | Resale | 1,387 sqft | AED 3.3M | AED 2K |
| 25 Feb 2026 | Resale | 767 sqft | AED 1.7M | AED 2K |
| 12 Dec 2025 | Resale | 788 sqft | AED 1.6M | AED 2K |
| 10 Nov 2025 | Resale | 832 sqft | AED 1.7M | AED 2K |
| 23 Sept 2025 | Resale | 767 sqft | AED 1.7M | AED 2K |
| 19 Aug 2025 | Resale | 767 sqft | AED 1.8M | AED 2K |
| 09 Jul 2025 | Resale | 767 sqft | AED 1.7M | AED 2K |
| 02 Jul 2025 | Resale | 690 sqft | AED 1.3M | 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
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