Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16

District One · MBR City · 95 homes · Completed

A completed District One project in MBR City: 95 homes, handed over in May 2023, two quarters after the Q4 2022 date on the register.

Updated 27 Oct 2026
Completed May 2023Two quarters after Q4 2022 on the register
95 homes1, 2 and 3 bedrooms
MBR CityDubai Land Department project 1997

Prices. Quarter by quarter since launch.

Launch quarter, Q3 2018AED 1,638/sqft
Median paid, Q4 2023AED 2,034/sqft
Sales, Jul 2025 to Jun 20264
Median paidLatest quarterLaunch quarter AED 1,638
1,5002,000Q3 18: AED 1,638/sqft, 35 salesQ1 19: AED 1,625/sqft, 20 salesQ2 20: AED 1,657/sqft, 15 salesQ1 21: AED 1,283/sqft, 12 salesQ4 23: AED 2,034/sqft, 11 salesQ3 18Q3 19Q3 20Q3 21Q3 22Q4 23
Every quarter as a table
QuarterMedian AED/sqftSales
Q3 20181,63835
Q1 20191,62520
Q2 20201,65715
Q1 20211,28312
Q4 20232,03411

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 late

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 16 handed over?

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

Who built Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 16?

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 16?

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 16? Track it against these numbers.

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