Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 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

36 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 between Feb 2020 and Dec 2021: 100% apartments, most commonly 1-bed units, typically around 778 sqft.

Launch sales
36
DLD off-plan registrations, all time
Median launch /sqft
AED 1,768
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,120,0002,900,000
Min – max registered

Bed mix: 1-bed 83% · 2-bed 17%.

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

QuarterLaunch salesMedian AED/sqft
2020 Q16AED 1,790
2020 Q222AED 1,730
2020 Q31AED 1,790
2021 Q12AED 1,800
2021 Q33AED 1,683
2021 Q42AED 1,790
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 also has 10 ready-market resales registered with the DLD, the first on 27 April 2022 - 26 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
3 in the last 2 years
Resale median /sqft
too few recent resales to state

Resale prices and recent transactions at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 2 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
777 sqft · 15 December 2021
AED 1,120,000
AED 1,441 /sqft
Apartment · 2 Bed
1,356 sqft · 11 October 2021
AED 2,900,000
AED 2,139 /sqft
Apartment · 1 Bed
764 sqft · 30 August 2021
AED 1,430,000
AED 1,872 /sqft
Apartment · 1 Bed
761 sqft · 19 July 2021
AED 1,250,000
AED 1,643 /sqft
Apartment · 1 Bed
764 sqft · 2 July 2021
AED 1,285,000
AED 1,683 /sqft

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

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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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