ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 3
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
- 23 Nov 2017
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582219052201
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2017
- Handed overQ1 2022
Construction progress
50 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 3.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 20% above than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 58 | 797 sqft | AED 1.6M | AED 2K |
| 2 Bed | 10 | 1,397 sqft | AED 2.9M | AED 2K |
Price per sqft by year
+34% since 2018AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 23 Mar 2026 | Resale | 781 sqft | AED 1.6M | AED 2K |
| 15 Jul 2025 | Resale | 924 sqft | AED 2.3M | AED 2K |
| 04 Nov 2024 | Resale | 781 sqft | AED 1.9M | AED 2K |
| 28 Oct 2024 | Resale | 767 sqft | AED 2.0M | AED 3K |
| 22 Oct 2024 | Resale | 781 sqft | AED 2.0M | AED 3K |
| 03 Jul 2024 | Resale | 781 sqft | AED 1.8M | AED 2K |
| 23 May 2024 | Resale | 831 sqft | AED 2.2M | AED 3K |
| 01 May 2024 | Resale | 781 sqft | AED 2.0M | AED 3K |
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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