Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 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

111 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 between Sept 2019 and May 2023: 100% apartments, most commonly 1-bed units, typically around 763 sqft.

Launch sales
111
DLD off-plan registrations, all time
Median launch /sqft
AED 1,680
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,020,0004,721,258
Min – max registered

Bed mix: 1-bed 78% · 2-bed 11% · 3-bed 11%.

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 15, per quarter, with the number of launch sales registered in each.

QuarterLaunch salesMedian AED/sqft
2019 Q33AED 1,702
2019 Q417AED 1,650
2020 Q119AED 1,680
2020 Q248AED 1,680
2020 Q32AED 1,683
2020 Q42AED 1,670
2021 Q12AED 1,795
2021 Q21AED 1,660
2021 Q41AED 1,366
2022 Q24AED 1,423
2022 Q33AED 1,697
2022 Q42AED 1,967
2023 Q13AED 1,680
2023 Q24AED 1,778
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 15 also has 45 ready-market resales registered with the DLD, the first on 15 June 2023 - 45 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
45
29 in the last 2 years
Resale median /sqft
AED 2,023
last 2 years
Resale vs launch
+20%
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 15 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
785 sqft · 3 May 2023
AED 1,430,000
AED 1,821 /sqft
Apartment · 1 Bed
785 sqft · 1 May 2023
AED 1,500,000
AED 1,910 /sqft
Apartment · 1 Bed
778 sqft · 5 April 2023
AED 1,350,000
AED 1,734 /sqft
Apartment · 1 Bed
785 sqft · 5 April 2023
AED 1,310,000
AED 1,668 /sqft
Apartment · 1 Bed
763 sqft · 14 February 2023
AED 1,300,000
AED 1,703 /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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