ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7
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
- 62
- Registered with DLD
- 08 Apr 2021
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582231416801
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2021
- Handed overQ2 2023
Construction progress
54 inspection photos from the Dubai Land Department. Latest 31 Aug 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 7.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 3% above than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 37 | 785 sqft | AED 1.4M | AED 2K |
| 2 Bed | 42 | 1,345 sqft | AED 2.5M | AED 2K |
| 3 Bed | 7 | 2,019 sqft | AED 3.7M | AED 2K |
Price per sqft by year
+21% since 2021AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 18 May 2026 | Resale | 1,168 sqft | AED 2.4M | AED 2K |
| 09 Feb 2026 | Resale | 1,222 sqft | AED 2.8M | AED 2K |
| 12 Aug 2025 | Resale | 768 sqft | AED 1.7M | AED 2K |
| 22 Apr 2025 | Resale | 1,417 sqft | AED 3.4M | AED 2K |
| 09 Apr 2025 | Resale | 768 sqft | AED 1.7M | AED 2K |
| 26 Sept 2024 | Resale | 768 sqft | AED 1.3M | AED 2K |
| 18 Jul 2024 | Resale | 1,536 sqft | AED 3.3M | AED 2K |
| 18 Jul 2024 | Resale | 768 sqft | AED 1.4M | AED 2K |
Unit mix
62 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 24 | - |
| 2 B/R | 31 | - |
| 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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