Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 Launch Prices

Off-plan in District One (MBR City) · Developer launch registrations from the Dubai Land Department off-plan register

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At a glance

Launch Summary

153 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 between Feb 2021 and Feb 2024: 100% apartments, most commonly 2-bed units, typically around 1,398 sqft.

Launch sales
153
DLD off-plan registrations, all time
Median launch /sqft
AED 1,825
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,400,0008,001,462
Min – max registered

Bed mix: 1-bed 14% · 2-bed 49% · 3-bed 33% · 4+-bed 3%.

Every figure here is a registered developer launch price from the DLD off-plan register - a different kind of price from a ready-market resale, and kept entirely separate from KhaleejKeys' resale statistics.

Launch price history

Launch Price by Quarter

Median registered launch price per square foot at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2021 Q182AED 1,794
2021 Q221AED 1,845
2021 Q313AED 1,870
2021 Q43AED 1,785
2022 Q12AED 1,765
2022 Q23AED 1,845
2022 Q31AED 1,850
2022 Q41AED 1,978
2023 Q13AED 1,889
2023 Q28AED 1,875
2023 Q36AED 2,105
2023 Q47AED 2,011
2024 Q13AED 2,612
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 also has 24 ready-market resales registered with the DLD, the first on 10 June 2024 - 40 months after the first launch registration. A developer launch price and an arm's-length resale are different kinds of price; the gap is context, not a return.

Resales registered
24
21 in the last 2 years
Resale median /sqft
AED 1,935
last 2 years
Resale vs launch
+6%
ready-market median (2 yrs) vs all-time launch median

Resale prices and recent transactions at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 11 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,213 sqft · 20 February 2024
AED 3,200,000
AED 2,637 /sqft
Apartment · 3 Bed
2,086 sqft · 7 February 2024
AED 5,450,000
AED 2,612 /sqft
Apartment · 1 Bed
883 sqft · 2 January 2024
AED 2,000,000
AED 2,266 /sqft
Apartment · 2 Bed
1,479 sqft · 25 December 2023
AED 2,850,000
AED 1,927 /sqft
Apartment · 3 Bed
2,415 sqft · 22 December 2023
AED 6,400,000
AED 2,650 /sqft

Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.

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Off-plan in District One (MBR City)

Compare this project with every other off-plan launch registered in District One (MBR City), or see the community's resale market.

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