Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 Launch Prices
Off-plan in District One (MBR City) · Developer launch registrations from the Dubai Land Department off-plan register
Launch Summary
124 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 between Jul 2018 and Mar 2023: 100% apartments, most commonly 1-bed units, typically around 763 sqft.
Bed mix: 1-bed 78% · 2-bed 10% · 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 by Quarter
Median registered launch price per square foot at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16, per quarter, with the number of launch sales registered in each.
| Quarter | Launch sales | Median AED/sqft |
|---|---|---|
| 2018 Q3 | 35 | AED 1,638 |
| 2018 Q4 | 2 | AED 1,636 |
| 2019 Q1 | 20 | AED 1,625 |
| 2019 Q2 | 4 | AED 1,637 |
| 2019 Q3 | 1 | AED 1,625 |
| 2019 Q4 | 4 | AED 1,664 |
| 2020 Q1 | 9 | AED 1,600 |
| 2020 Q2 | 15 | AED 1,657 |
| 2020 Q3 | 1 | AED 1,695 |
| 2020 Q4 | 1 | AED 1,621 |
| 2021 Q1 | 12 | AED 1,283 |
| 2021 Q2 | 3 | AED 1,502 |
| 2021 Q3 | 2 | AED 1,700 |
| 2022 Q2 | 2 | AED 1,865 |
| 2022 Q3 | 3 | AED 1,822 |
| 2022 Q4 | 4 | AED 2,099 |
| 2023 Q1 | 6 | AED 1,805 |
Launch vs Resale
Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 also has 40 ready-market resales registered with the DLD, the first on 25 July 2023 - 60 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.
Recent Launch Registrations
Developer launch registrations from the DLD off-plan register - not resales, and never blended into KhaleejKeys' resale prices.
Other Off-Plan Projects in District One (MBR City)
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.
All District One (MBR City) projects