ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5
Key information
- Handover
- Q4 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
- 73
- Registered with DLD
- 23 Nov 2017
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582219053801
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2017
- Handed overQ4 2022
Construction progress
106 inspection photos from the Dubai Land Department. Latest 10 Jan 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 5.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 7% below than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 97 | 788 sqft | AED 1.4M | AED 2K |
| 2 Bed | 15 | 1,350 sqft | AED 2.6M | AED 2K |
| 3 Bed | 13 | 1,904 sqft | AED 3.5M | AED 2K |
Price per sqft by year
+41% since 2018AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 10 Jul 2026 | Resale | 1,308 sqft | AED 2.5M | AED 2K |
| 26 Feb 2026 | Resale | 752 sqft | AED 1.8M | AED 2K |
| 25 Feb 2026 | Resale | 1,310 sqft | AED 3.5M | AED 3K |
| 09 Feb 2026 | Resale | 767 sqft | AED 1.7M | AED 2K |
| 06 Feb 2026 | Resale | 758 sqft | AED 1.6M | AED 2K |
| 03 Nov 2025 | Resale | 756 sqft | AED 1.7M | AED 2K |
| 16 Oct 2025 | Resale | 750 sqft | AED 1.8M | AED 2K |
| 29 Apr 2025 | Resale | 1,784 sqft | AED 4.0M | AED 2K |
Unit mix
73 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 59 | - |
| 2 B/R | 7 | - |
| 3 B/R | 7 | - |
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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