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

Located in District One, Dubai. Mortgage values are registered loan amounts, not sale prices, so this record is not used in price statistics.

Loan amount

AED 1,277,500

Per sqft
AED 1,242
Registered
9 Jul 2026, 10:49 (Dubai)

01 / Price history

This unit's history

Every registration of this 1-bedroom apartment in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 15: same layout, exact size (1,029 sqft) and parking bay G-0021. The registry has no unit numbers, so records are matched on these details.

  1. 9 Jul 2026

    1,029 sqft · AED 1,774/sqft · Ready

    First recordAED 1,825,000
  2. 9 Jul 2026This mortgage

    Same day as previous · 1,029 sqft · AED 1,242/sqft · Ready

    30%lower than the previous recordAED 1,277,500
Records
2
Registered
Same day
as the sale, 9 Jul 2026
Loan to value
70%
AED 1.28M mortgage on the AED 1.83M sale

02 / The property

Property details

Size
1,029 sqft · 95.56 m²
Bedrooms
1 BR
Registered as
Mortgage Registration
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
G-0021
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 (3 Sept 2019 – 18 Sept 2026)

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

3 visible
Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
18 Sept 20261.5M+17% vs selected2,002+61% vs selected
27 Jul 20261.42M+11% vs selected1,869+51% vs selected
9 Jul 20261.83M+43% vs selected1,774+43% vs selected

160 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 39 market rents of apartments of 874–1,183 sq ft in District One.

Median rent / yr
AED 130,000
Per sqft / yr
AED 127/sqft