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Sold for AED 3,200,000: 2-Bedroom Apartment in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15

Its price per sqft is +22% vs the Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 median (AED 2,041/sqft).

Sale price

AED 3,200,000

Per sqft
AED 2,483
Registered
16 Jan 2026, 12:26 (Dubai)

01 / Price history

This unit's history

Every registration of this 2-bedroom apartment in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15: same layout, exact size (1,289 sqft) and parking bay L2-0234. The registry has no unit numbers, so records are matched on these details.

  1. 16 Jan 2026This sale

    1,289 sqft · AED 2,483/sqft · Ready

    First recordAED 3,200,000
  2. 16 Jan 2026Mortgage

    Same day as previous · 1,289 sqft · AED 1,986/sqft · Ready

    20%lower than the previous recordAED 2,560,000
Records
2
Registered
Same day
as the mortgage, 16 Jan 2026
Loan to value
80%
AED 2.56M mortgage on the AED 3.2M sale

02 / The property

Property details

Size
1,289 sqft · 119.75 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
L2-0234
Nearest metro
Business Bay Metro Station
Nearest mall
Dubai Mall
Nearest landmark
Downtown Dubai

03 / Comparables

All sales in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15 (16 Jan 2026 – 18 Sept 2026)

8 market sales. Percentages compare each sale with this one.

Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
18 Sept 20261.5M−53% vs selected2,002−19% vs selected
27 Jul 20261.42M−56% vs selected1,869−25% vs selected
9 Jul 20261.83M−43% vs selected1,774−29% vs selected
26 Jun 20261.45M−55% vs selected1,945−22% vs selected
1 Jun 20261.56M−51% vs selected2,086−16% vs selected
9 Mar 20261.55M−52% vs selected2,079−16% vs selected
26 Jan 20261.62M−49% vs selected2,173−12% vs selected
2 BR · 1,289 sqftReadySelected sale
16 Jan 20263.2M2,483