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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11, 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 1,980,000

Per sqft
AED 1,476
Registered
19 Aug 2026, 12:20 (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 (1,341 sqft) and parking bay L4-421. The registry has no unit numbers, so records are matched on these details.

  1. 19 Aug 2026

    1,341 sqft · AED 1,845/sqft · Ready

    First recordAED 2,475,000
  2. 19 Aug 2026This mortgage

    Same day as previous · 1,341 sqft · AED 1,476/sqft · Ready

    20%lower than the previous recordAED 1,980,000
Records
2
Registered
Same day
as the sale, 19 Aug 2026
Loan to value
80%
AED 1.98M mortgage on the AED 2.48M sale

02 / The property

Property details

Size
1,341 sqft · 124.62 m²
Bedrooms
2 BR
Registered as
Mortgage Registration
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
L4-421
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 (22 Feb 2021 – 12 Oct 2026)

189 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
12 Oct 20263.4M+72% vs selected2,298+56% vs selected
19 Aug 20262.48M+25% vs selected1,845+25% vs selected

189 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 29 market rents of apartments of 1,140–1,543 sq ft in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 11.

Median rent / yr
AED 160,000
Per sqft / yr
AED 129/sqft