Dubai Land Department Off-Plan Register

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 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

203 developer launch sales registered at Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 between Mar 2019 and Jan 2024: 100% apartments, most commonly 1-bed units, typically around 749 sqft.

Launch sales
203
DLD off-plan registrations, all time
Median launch /sqft
AED 1,680
All-time median
Last 12 months
0
no launch sales in the last year
Price range
AED 1,000,0009,777,314
Min – max registered

Bed mix: 1-bed 56% · 2-bed 43% · 4+-bed 0%.

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

QuarterLaunch salesMedian AED/sqft
2019 Q11AED 1,664
2019 Q25AED 1,650
2019 Q314AED 1,660
2019 Q48AED 1,660
2020 Q128AED 1,635
2020 Q252AED 1,680
2020 Q312AED 1,737
2020 Q45AED 1,715
2021 Q114AED 1,870
2021 Q24AED 1,736
2021 Q31AED 1,670
2021 Q42AED 1,580
2022 Q13AED 1,967
2022 Q24AED 1,700
2022 Q33AED 1,660
2022 Q49AED 1,761
2023 Q113AED 1,806
2023 Q210AED 1,980
2023 Q32AED 2,009
2023 Q412AED 2,215
2024 Q11AED 2,641
Two different markets

Launch vs Resale

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 also has 55 ready-market resales registered with the DLD, the first on 21 March 2024 - 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.

Resales registered
55
40 in the last 2 years
Resale median /sqft
AED 2,286
last 2 years
Resale vs launch
+36%
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 12 →

The latest launch sales

Recent Launch Registrations

Apartment · 2 Bed
1,288 sqft · 22 January 2024
AED 3,400,000
AED 2,641 /sqft
Apartment · 2 Bed
1,296 sqft · 25 December 2023
AED 3,385,000
AED 2,611 /sqft
Apartment · 1 Bed
744 sqft · 19 December 2023
AED 1,648,800
AED 2,217 /sqft
Apartment · 2 Bed
1,176 sqft · 19 December 2023
AED 2,850,000
AED 2,422 /sqft
Apartment · 1 Bed
742 sqft · 19 December 2023
AED 1,498,800
AED 2,020 /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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