Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 18 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

34 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 18 between May 2021 and Jun 2023: 100% apartments, most commonly 1-bed units, typically around 806 sqft.

Launch sales
34
DLD off-plan registrations, all time
Median launch /sqft
AED 1,618
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,255,6632,520,028
Min – max registered

Bed mix: 1-bed 82% · 2-bed 18%.

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

QuarterLaunch salesMedian AED/sqft
2021 Q226AED 1,618
2021 Q32AED 1,576
2022 Q12AED 1,547
2022 Q32AED 1,561
2023 Q22AED 1,853
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 18 also has 10 ready-market resales registered with the DLD, the first on 7 September 2023 - 28 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
10
6 in the last 2 years
Resale median /sqft
AED 2,216
last 2 years
Resale vs launch
+37%
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 18 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
831 sqft · 5 June 2023
AED 1,400,000
AED 1,685 /sqft
Apartment · 1 Bed
767 sqft · 18 April 2023
AED 1,550,000
AED 2,021 /sqft
Apartment · 1 Bed
1,464 sqft · 15 September 2022
AED 2,314,000
AED 1,581 /sqft
Apartment · 1 Bed
1,586 sqft · 2 September 2022
AED 2,444,000
AED 1,541 /sqft
Apartment · 1 Bed
831 sqft · 22 March 2022
AED 1,274,274
AED 1,533 /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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