ReadyHanded over
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12
by District One - Fz Al Merkadh
About Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences12
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
- 2018
- Number of buildings
- 1
- Number of units
- 159
- Registered with DLD
- 08 Nov 2018
- Escrow bank
- Dubai Islamic Bank
- Escrow account no.
- 001582219056301
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2018
- Handed overQ1 2023
Construction progress
113 inspection photos from the Dubai Land Department. Latest 12 Oct 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 , Residences12.
Request the brochureSales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Priced 2% below than the Al Merkadh median of AED 2K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 156 | 747 sqft | AED 1.4M | AED 2K |
| 2 Bed | 114 | 1,236 sqft | AED 2.4M | AED 2K |
| 5 Bed | 1 | 5,820 sqft | AED 9.8M | AED 2K |
Price per sqft by year
+32% since 2019AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 26 Aug 2026 | Resale | 1,299 sqft | AED 3.3M | AED 3K |
| 11 Aug 2026 | Resale | 753 sqft | AED 1.4M | AED 2K |
| 12 Jun 2026 | Resale | 753 sqft | AED 1.6M | AED 2K |
| 09 Feb 2026 | Resale | 1,096 sqft | AED 2.5M | AED 2K |
| 29 Dec 2025 | Resale | 749 sqft | AED 1.6M | AED 2K |
| 15 Dec 2025 | Resale | 733 sqft | AED 1.6M | AED 2K |
| 19 Nov 2025 | Resale | 737 sqft | AED 1.7M | AED 2K |
| 13 Nov 2025 | Resale | 753 sqft | AED 1.6M | AED 2K |
Unit mix
159 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 94 | - |
| 2 B/R | 64 | - |
| 5 B/R | 1 | - |
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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