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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5

Completed

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

Construction progress100%Expected 6 Oct 2022
Units731 buildings · 0 villas
Registered sales1267 in the last 12 months
Median sale priceAED 1.42MMedian of registered salesAED 1,635/sqft

Registry record

Project number
1999
Name on the register
مدينة محمد بن راشد ال مكتوم - ديستركت ون ، المرحلة الثالثة ، ريسيدنز 5
Developer
District One - FZ
Master developer
الحي الاول - منطقة حرة
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 Dec 2017
Expected completion
6 Oct 2022
Actual completion
6 Oct 2022
Cancelled
Not recorded
Plots
0
Progress
100%

District One Residences Building 5 is centrally located within the premier lifestyle community of Mohammed Bin Rashid Al Maktoum City ? District One. It provides a variety of residential units ranging between one, two and three bedroom apartments along with a shaded carpark and is 6 floors from the ground up.

Sales evidence

Median size
766 sqft
Median price per sqft
AED 1,635/sqft
Total value transacted
AED 221.73M
Off-plan vs ready
82 off-plan · 44 ready
First sale
16 Jul 2018
Latest sale
10 Jul 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
10 Jul 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,308 sqftAED 1,911/sqftAED 2,500,000
26 Feb 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R752 sqftAED 2,392/sqftAED 1,800,000
25 Feb 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,310 sqftAED 2,710/sqftAED 3,550,000
9 Feb 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R767 sqftAED 2,268/sqftAED 1,740,000
6 Feb 2026Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R758 sqftAED 2,045/sqftAED 1,550,000
3 Nov 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R756 sqftAED 2,196/sqftAED 1,660,000
16 Oct 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R750 sqftAED 2,401/sqftAED 1,800,000
29 Apr 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties3 B/R1,784 sqftAED 2,242/sqftAED 4,000,000
12 Mar 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R758 sqftAED 2,243/sqftAED 1,700,000
4 Mar 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R758 sqftAED 2,309/sqftAED 1,750,000
3 Mar 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R750 sqftAED 2,293/sqftAED 1,720,000
21 Feb 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R756 sqftAED 2,275/sqftAED 1,720,000
6 Jan 2025Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R1,163 sqftAED 2,009/sqftAED 2,336,100
26 Dec 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R780 sqftAED 1,833/sqftAED 1,430,000
15 Oct 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R750 sqftAED 1,827/sqftAED 1,370,196
3 Oct 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R756 sqftAED 2,156/sqftAED 1,630,000
15 Aug 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R766 sqftAED 2,285/sqftAED 1,750,000
22 May 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R753 sqftAED 2,283/sqftAED 1,720,000
26 Apr 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R756 sqftAED 2,050/sqftAED 1,550,000
19 Apr 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R1,033 sqftAED 1,646/sqftAED 1,700,000
28 Feb 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties3 B/R2,704 sqftAED 1,905/sqftAED 5,150,000
27 Feb 2024Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties2 B/R1,310 sqftAED 2,241/sqftAED 2,935,000
18 Oct 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R753 sqftAED 2,165/sqftAED 1,630,000
3 Oct 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R766 sqftAED 2,220/sqftAED 1,700,000
27 Sept 2023Al MerkadhMohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 5Mohammed Bin Rashid AL Maktoum City -District -1 CommunityFlatExisting Properties1 B/R1,033 sqftAED 1,598/sqftAED 1,650,000

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.