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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11, District One

Its price per sqft is +8% vs the Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11 median (AED 2,127/sqft).

Sale price

AED 3,400,000

Per sqft
AED 2,298
Registered
12 Oct 2026, 13:17 (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 11: same layout, exact size (1,480 sqft) and parking bay L4-445. The registry has no unit numbers, so records are matched on these details.

  1. 12 Oct 2026This sale

    1,480 sqft · AED 2,298/sqft · Ready

    First recordAED 3,400,000
  2. 12 Oct 2026Mortgage

    Same day as previous · 1,480 sqft · AED 1,743/sqft · Ready

    24%lower than the previous recordAED 2,580,000
Records
2
Registered
Same day
as the mortgage, 12 Oct 2026
Loan to value
76%
AED 2.58M mortgage on the AED 3.4M sale

02 / The property

Property details

Size
1,480 sqft · 137.48 m²
Bedrooms
2 BR
Registered as
Sale
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
L4-445
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 11 (16 Jan 2026 – 12 Oct 2026)

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

2 visible
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
2 BR · 1,480 sqftReadySelected sale
12 Oct 20263.4M2,298
19 Aug 20262.48M−27% vs selected1,845−20% vs selected

5 sales to compare

Guests see the latest 5 transactions of each project and community. Create an account to compare this sale with all of them.

04 / Renting it out

What similar apartments rent for

Median of 3 market rents of apartments of 1,258–1,702 sq ft in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 174,515
Per sqft / yr
AED 129/sqft
Gross yield
5.1%