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Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

What people actually paid in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

269 sales are on record at the Dubai Land Department, below.

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Azelia Chikoti

Azelia Chikoti

Sales

Buying in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12? Azelia can walk you through what these numbers mean for you.

Azelia is marketing 13 homes for sale in Mohammed Bin Rashid City right now.

Nearest metro
Business Bay Metro Station — as the Dubai Land Department files it; every building beside it, and what each sold for
Handed over
2024 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2019 — an off-plan sale
Sales on record
269 — registered at the Dubai Land Department, the latest August 2026
Off-plan share
75% — 203 bought off-plan from the developer, 66 resales of a completed home

Recorded rents and gross yield for Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 →

Living in Mohammed Bin Rashid City — the area guide →

What a mortgage on a home in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 costs a month — and the cash you need on the day →

Median sale price
AED 1.66M
10 sales · the last 12 months
Mean AED 2.07M
Median per sq ft
AED 2,215
-3.3% on the year before
Mean AED 2,229
Last recorded sale
August 2026
Registered at the DLD
Activity, 90 days
2 sales
0.5× its usual pace · below the five-sale floor to rank

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,660
1,670
1,850
1,746
1,955
2,120
2,291
2,170
20192020202120222023202420252026

The low was 2019 at AED 1,660 a square foot, and it has recovered 31% since. It is still 5% below its 2025 peak.

What sells here

By size

Registered sales in the last three years. Sizes are the registered floor area.

LayoutTypical sizeMedian priceMean pricePer sq ftSales
1 B/R748 sqft1,575,0001,587,2572,13745
2 B/R1,237 sqft2,925,0002,940,4212,41132

Layouts that have sold fewer than five times in three years are left out — too few to quote a median, so we do not guess at one.

Every sale, as registered

Recent sales in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
26 Aug 20262 B/R1,2993,250,0002,502
11 Aug 20261 B/R7531,400,0001,860
12 Jun 20261 B/R7531,550,0002,059
9 Feb 20262 B/R1,0962,500,0002,280
29 Dec 20251 B/R7491,610,0002,150
15 Dec 20251 B/R7331,570,0002,141
19 Nov 20251 B/R7371,700,0002,306
13 Nov 20251 B/R7531,573,0002,090
12 Nov 20252 B/R1,1832,775,0002,346
29 Oct 20252 B/R1,0962,800,0002,554
7 Oct 20252 B/R1,0962,400,0002,189
4 Sept 20252 B/R1,3103,200,0002,442

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

28
97
21
19
37
32
31
4
20192020202120222023202420252026

Of the 269 sales on record, 203 were bought off-plan from the developer and 66 were resales of a finished home. The changeover in 2024 is the handover. The 2026 bar is part-year.

Where the market is moving

The busiest buildings in Mohammed Bin Rashid City

Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12 sold 2 completed homes in the ninety days to 19 Oct 2026, below the five-sale floor to rank. These are the five busiest buildings in Mohammed Bin Rashid City.

RankBuildingSales, 90 daysAgainst its usual pace
1Crest Grande523.1×
2Elie Saab Vie at the Fields321.0×
3Sobha Creek Vistas Reserve171.4×
4Sobha Creek Vistas Tower A151.0×
5The Crest Tower B140.5×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Mohammed Bin Rashid City, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 Oct 2026.

Nearby

What else to look at in Mohammed Bin Rashid City

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Buying in Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12? The cost of buying, the title deed, the service charges and buying as a foreigner, explained.

Questions about Mohammed Bin Rashid Al Maktoum City-District One, Phase III, Residences 12? Azelia is a message away.

Azelia Chikoti

Azelia Chikoti

Your agent in Mohammed Bin Rashid City