Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 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 29 between Nov 2021 and May 2023: 100% apartments, most commonly 1-bed units, typically around 782 sqft.

Launch sales
34
DLD off-plan registrations, all time
Median launch /sqft
AED 1,794
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,373,8262,856,032
Min – max registered

Bed mix: 1-bed 85% · 2-bed 15%.

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

QuarterLaunch salesMedian AED/sqft
2021 Q48AED 1,777
2022 Q112AED 1,810
2022 Q27AED 1,725
2022 Q31AED 1,546
2022 Q43AED 1,855
2023 Q12AED 1,865
2023 Q21AED 1,845
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 29 also has 8 ready-market resales registered with the DLD, the first on 8 February 2024 - 27 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
8
4 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 29 →

The latest launch sales

Recent Launch Registrations

Apartment · 1 Bed
782 sqft · 16 May 2023
AED 1,442,000
AED 1,845 /sqft
Apartment · 1 Bed
767 sqft · 28 March 2023
AED 1,438,508
AED 1,876 /sqft
Apartment · 2 Bed
1,382 sqft · 26 January 2023
AED 2,561,891
AED 1,854 /sqft
Apartment · 1 Bed
767 sqft · 1 November 2022
AED 1,438,508
AED 1,876 /sqft
Apartment · 1 Bed
1,464 sqft · 14 October 2022
AED 2,314,000
AED 1,581 /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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