Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 28 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

44 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 28 between Jul 2022 and May 2023: 100% apartments, most commonly 1-bed units, typically around 806 sqft.

Launch sales
44
DLD off-plan registrations, all time
Median launch /sqft
AED 1,935
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,411,7053,516,082
Min – max registered

Bed mix: 1-bed 77% · 2-bed 23%.

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

QuarterLaunch salesMedian AED/sqft
2022 Q331AED 1,806
2022 Q47AED 2,289
2023 Q11AED 2,035
2023 Q25AED 2,287
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 28 also has 14 ready-market resales registered with the DLD, the first on 13 March 2024 - 20 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
14
7 in the last 2 years
Resale median /sqft
AED 1,917
last 2 years
Resale vs launch
-1%
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 28 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,382 sqft · 8 May 2023
AED 3,160,668
AED 2,287 /sqft
Apartment · 1 Bed
767 sqft · 17 April 2023
AED 1,755,740
AED 2,289 /sqft
Apartment · 2 Bed
1,382 sqft · 3 April 2023
AED 3,167,685
AED 2,293 /sqft
Apartment · 2 Bed
1,382 sqft · 3 April 2023
AED 3,160,669
AED 2,287 /sqft
Apartment · 2 Bed
1,382 sqft · 3 April 2023
AED 3,160,668
AED 2,287 /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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