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Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7, 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 2,200,000

Per sqft
AED 1,800
Registered
9 Feb 2026, 11:58 (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 7: same layout, exact size (1,222 sqft) and parking bay L1-140. The registry has no unit numbers, so records are matched on these details.

  1. 9 Feb 2026

    1,222 sqft · AED 2,250/sqft · Ready

    First recordAED 2,750,000
  2. 9 Feb 2026This mortgage

    Same day as previous · 1,222 sqft · AED 1,800/sqft · Ready

    20%lower than the previous recordAED 2,200,000
Records
2
Registered
Same day
as the sale, 9 Feb 2026
Loan to value
80%
AED 2.2M mortgage on the AED 2.75M sale

02 / The property

Property details

Size
1,222 sqft · 113.54 m²
Bedrooms
2 BR
Registered as
Mortgage Registration
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
L1-140
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 7 (3 May 2021 – 16 May 2026)

86 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
16 May 20262.4M+9% vs selected2,055+14% vs selected
9 Feb 20262.75M+25% vs selected2,250+25% vs selected

86 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 23 market rents of apartments of 1,039–1,405 sq ft in Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 7.

Median rent / yr
AED 155,000
Per sqft / yr
AED 128/sqft