Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15

District One · MBR City · 95 homes · Completed

A completed District One project in MBR City: 95 homes, handed over in Jun 2023, two quarters after the Q4 2022 date on the register. Registered resales from Jul 2025 to Jun 2026 had a median of AED 2,119 per sqft, 28% above the launch quarter.

Updated 27 Oct 2026
Completed Jun 2023Two quarters after Q4 2022 on the register
95 homes1, 2 and 3 bedrooms
MBR CityDubai Land Department project 1998

Prices. Quarter by quarter since launch.

Launch quarter, Q4 2019AED 1,650/sqft
Median paid, Q2 2020AED 1,680/sqft
Sales, Jul 2025 to Jun 202612
Median paidLatest quarterLaunch quarter AED 1,650
1,6401,6601,680Q4 19: AED 1,650/sqft, 17 salesQ1 20: AED 1,680/sqft, 19 salesQ2 20: AED 1,680/sqft, 48 salesQ4 19Q1 20Q2 20
Every quarter as a table
QuarterMedian AED/sqftSales
Q4 20191,65017
Q1 20201,68019
Q2 20201,68048

Median AED per sqft of registered sales, off-plan and ready, through Q3 2026. Quarters with fewer than 10 sales are left out. The launch quarter is the first quarter with 10 or more sales.

Promised vs delivered. Launch to today.

At launchDeliveredHandoverQ4 2022Q2 20232 quarters latePrice / sqftAED 1,650AED 2,119+28% on launch, resale median
Against the area. Median paid.
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 152,119

3% over the MBR City median.

The promised date is the completion date declared on the Dubai Land Department register. A handover is dated by the first ready-market sale on the register, which trails the keys. The launch price is the launch quarter’s median of registered sales, not a brochure. Area medians are every registered home sale in the area, Jul 2025 to Jun 2026.

Questions.

When was Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 handed over?

In Jun 2023, when the first ready-market sale was registered. The register declared completion for Q4 2022, so it handed over two quarters late.

What do homes in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 sell for?

From Jul 2025 to Jun 2026, 12 homes sold on the register at a median of AED 2,119 per sqft and AED 1.82M per home. By unit type: 1 BR AED 1.62M (7 sales). These are registered deeds, not the developer's price list.

Who built Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15?

District One. The project is registered to District One on the Dubai Land Department register, which lists 37 projects for the developer in Dubai, 1 of them under construction. 1 of its 23 dated handovers came within 3 months of the promised date.

How many homes are in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15?

95, as counted on the Dubai Land Department register. The declared mix: 77 1 BR, 9 2 BR, 9 3 BR.

Bought in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15? Track it against these numbers.

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