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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23

Completed

Developed by District One - FZ. Located in Al Merkadh.

Construction progress100%Expected 30 Jan 2023
Units311 buildings · 0 villas
Registered sales535 in the last 12 months
Median sale priceAED 1.53MMedian of registered salesAED 1,838/sqft

Registry record

Project number
2243
Name on the register
مدينة محمد بن راشد ال مكتوم الحي الأول ، المرحلة الثالثة ، ريسيدنز 23
Developer
District One - FZ
Master developer
مجموعة ميدان (ش.ذ.م.م)
Escrow agent
DUBAI ISLAMIC BANK (PUBLIC JOINT STOCK COMPANY)
Zoning authority
Dubai Municipality
Master project
Mohammed Bin Rashid AL Maktoum City -District -1 Community
Start date
1 Jun 2021
Expected completion
30 Jan 2023
Actual completion
30 Jan 2023
Cancelled
Not recorded
Plots
0
Progress
100%

Residential building basement + ground + 4 floors + roof

Sales evidence

Median size
788 sqft
Median price per sqft
AED 1,838/sqft
Total value transacted
AED 96.83M
Off-plan vs ready
32 off-plan · 21 ready
First sale
23 Dec 2021
Latest sale
6 Apr 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
6 Apr 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,387 sqftAED 2,357/sqftAED 3,270,000
25 Feb 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,256/sqftAED 1,730,000
12 Dec 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R788 sqftAED 2,029/sqftAED 1,600,000
10 Nov 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R832 sqftAED 2,042/sqftAED 1,700,000
23 Sept 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,217/sqftAED 1,700,000
19 Aug 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,282/sqftAED 1,750,000
9 Jul 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,268/sqftAED 1,740,000
2 Jul 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R690 sqftAED 1,812/sqftAED 1,250,000
27 Nov 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,522/sqftAED 1,935,000
12 Aug 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,543 sqftAED 2,333/sqftAED 3,600,000
17 Apr 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,387 sqftAED 2,595/sqftAED 3,600,000
28 Mar 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R788 sqftAED 1,941/sqftAED 1,530,000
13 Mar 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R832 sqftAED 1,443/sqftAED 1,201,542
13 Feb 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,380 sqftAED 1,837/sqftAED 2,534,781
18 Jan 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,152/sqftAED 1,650,000
15 Dec 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R1,484 sqftAED 1,617/sqftAED 2,400,000
13 Dec 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R1,605 sqftAED 1,523/sqftAED 2,444,000
14 Nov 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,387 sqftAED 2,235/sqftAED 3,100,000
12 Oct 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,067/sqftAED 1,585,000
9 Oct 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,066/sqftAED 1,585,000
9 Oct 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R832 sqftAED 1,838/sqftAED 1,530,000
16 Jun 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatOff-Plan Properties2 B/R1,382 sqftAED 2,262/sqftAED 3,125,000
9 Jun 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatOff-Plan Properties1 B/R831 sqftAED 1,654/sqftAED 1,374,755
5 Jun 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatOff-Plan Properties1 B/R831 sqftAED 1,865/sqftAED 1,550,000
1 Nov 2022Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 23Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatOff-Plan Properties1 B/R782 sqftAED 1,775/sqftAED 1,387,796

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication.