ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 28
Key information
- Handover
- Q2 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
- 20 May 2021
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582235220701
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ2 2023
Construction progress
47 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 28.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 10% above than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 56 | 821 sqft | AED 1.6M | AED 2K |
| 2 Bed | 12 | 1,408 sqft | AED 2.9M | AED 2K |
Price per sqft by year
-2% since 2022AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 05 Aug 2026 | Resale | 788 sqft | AED 1.3M | AED 2K |
| 06 Jul 2026 | Resale | 767 sqft | AED 1.5M | AED 2K |
| 06 Feb 2026 | Resale | 788 sqft | AED 1.6M | AED 2K |
| 31 Jul 2025 | Resale | 767 sqft | AED 1.8M | AED 2K |
| 16 Jun 2025 | Resale | 788 sqft | AED 1.6M | AED 2K |
| 25 Mar 2025 | Resale | 788 sqft | AED 1.4M | AED 2K |
| 25 Dec 2024 | Resale | 1,380 sqft | AED 2.5M | AED 2K |
| 15 Oct 2024 | Resale | 1,387 sqft | AED 3.0M | 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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