DLD project no. 2238Completed31 units
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18 مدينة محمد بن راشد ال مكتوم الحي الأول ، المرحلة الثالثة ، ريسيدنز 18 Completed 30 December 2022 (DLD) · DLD end date Dec 2022 · DLD register as of 1 November 2026 DLD register as of 1 November 2026. Dates are the ones registered with DLD.
Completed projects cannot be added to My units.
CompletionDLD readings of % built, beside the share of the planned period gone
% built
28 October 2026| Date | % built | Source |
|---|---|---|
| 31 May 2023 | 100% | DLD inspection |
| 5 January 2023 | 90.2% | DLD inspection |
| 5 October 2022 | 60.5% | DLD inspection |
| 5 August 2022 | 33% | DLD register, archived export |
| 22 June 2022 | 33.3% | DLD inspection |
| 16 December 2021 | 3.9% | DLD inspection |
Source: Dubai Land Department projects register, as of 1 November 2026. Earlier readings: archived DLD projects exports of 5 August 2022, 12 May 2024. Source: Dubai Land Department, Project Status inspections (dates and % only), collected on 7 November 2026. DLD Project Status ↗
Site timeline
± 6 monthsOur imagery reading holds no milestone for this project yet.
Our reading of historical satellite imagery
Registered period and actual build
Source: DLD projects register. Build time: our calculation from DLD’s start and completion dates.
Changes in the DLD register
No change to the end date, status or % built across the register exports we hold.
Source: DLD projects register exports, compared by CraneScore. Planned dates against DLD's completion date. In 69% of completed projects in the register the completion date and the DLD end date are the same day, which suggests DLD sets the end date at completion, so this comparison can show no gap where there was one.
Building permits
1 of 1 buildingsBuildings on the project’s plots: 1, on construction permits: 1, as Dubai Municipality lists them.
Furthest stage reached: Finishes.
| Work stage | Buildings |
|---|---|
| Finishes | 1 |
Source: Dubai Municipality building permits, export of 26 October 2026. These dates and stages are Dubai Municipality’s records, not DLD’s register.
DLD registration
DLD services ↗Counts from DLD's units register; villas from its buildings register. Sizes: the middle half of the homes' registered areas (25th to 75th percentile), villas by built-up area. Source: Dubai Land Department open data (units and buildings registers, export of 5 November 2026), under the Dubai Data Open Data Licence.
Description in the DLD register: Residential building basement + ground + 4 floors + roof
DLD's own services for this project, including the Dubai REST app: dubailand.gov.ae
Price historyRegistered sale prices for this project, in AED per sq ft, with the number of sales in each figure.
AED · sqft
Fewer than 5 home sales after the launch window in the last 12 months, so no comparison is shown.
Dubai Statistics Center residential price index (flats), 2021-Q2 to 2026-Q2: +56.4%.
Prices are over apartments, the type most sales in this project are.
| Bedrooms | Sales, 24 months | Latest median AED/sqft | Latest sales |
|---|---|---|---|
| 1 BR | 5 | — | — |
Launch price: median AED/sqft of the project's off-plan home sales in the 90 days from its first one, for a first sale on or after 1 March 2020; Skyline Index uses the same rule. Latest: home sales of the last 12 months after the launch window, ready and off-plan; the change compares the same home types. The bedroom table compares the launch window with the last 6 months (12 when 6 have fewer than 5 sales). Off-plan registrations include developer sales and resales; DLD open data does not tell them apart. Sales more than 4 times off the median are left out.
Median AED/sqft by quarter
2021-Q2 → 2026-Q1| Quarter | Registered sales | Median AED/sqft | DLD area Al Merkadh |
|---|---|---|---|
| 2021-Q2 | 26 (off-plan 26, ready 0) | 1,617 | 1,507 |
| 2021-Q3 | 2 (off-plan 2, ready 0) | — | 1,525 |
| 2022-Q1 | 2 (off-plan 2, ready 0) | — | 1,368 |
| 2022-Q3 | 2 (off-plan 2, ready 0) | — | 1,477 |
| 2023-Q2 | 2 (off-plan 2, ready 0) | — | 1,712 |
| 2023-Q3 | 5 (off-plan 0, ready 5) | 1,916 | 1,780 |
| 2023-Q4 | 4 (off-plan 0, ready 4) | — | 1,824 |
| 2024-Q2 | 1 (off-plan 0, ready 1) | — | 1,844 |
| 2024-Q3 | 1 (off-plan 0, ready 1) | — | 1,778 |
| 2024-Q4 | 1 (off-plan 0, ready 1) | — | 1,850 |
| 2025-Q1 | 2 (off-plan 0, ready 2) | — | 1,926 |
| 2025-Q3 | 1 (off-plan 0, ready 1) | — | 2,069 |
| 2025-Q4 | 1 (off-plan 0, ready 1) | — | 2,088 |
| 2026-Q1 | 1 (off-plan 0, ready 1) | — | 2,070 |
Median AED/sqft of registered sales per quarter (apartments). Source: DLD. Grey dashed line: DLD area Al Merkadh, median AED/sqft of ready sales of apartments by quarter. A quarter with fewer than 5 sales is left as a gap. The last quarter runs to 5 November 2026.
Registered sales per quarter
| Quarter | Registered sales | Median AED/sqft | DLD area Al Merkadh |
|---|---|---|---|
| 2021-Q2 | 26 (off-plan 26, ready 0) | 1,617 | 1,507 |
| 2021-Q3 | 2 (off-plan 2, ready 0) | — | 1,525 |
| 2022-Q1 | 2 (off-plan 2, ready 0) | — | 1,368 |
| 2022-Q3 | 2 (off-plan 2, ready 0) | — | 1,477 |
| 2023-Q2 | 2 (off-plan 2, ready 0) | — | 1,712 |
| 2023-Q3 | 5 (off-plan 0, ready 5) | 1,916 | 1,780 |
| 2023-Q4 | 4 (off-plan 0, ready 4) | — | 1,824 |
| 2024-Q2 | 1 (off-plan 0, ready 1) | — | 1,844 |
| 2024-Q3 | 1 (off-plan 0, ready 1) | — | 1,778 |
| 2024-Q4 | 1 (off-plan 0, ready 1) | — | 1,850 |
| 2025-Q1 | 2 (off-plan 0, ready 2) | — | 1,926 |
| 2025-Q3 | 1 (off-plan 0, ready 1) | — | 2,069 |
| 2025-Q4 | 1 (off-plan 0, ready 1) | — | 2,088 |
| 2026-Q1 | 1 (off-plan 0, ready 1) | — | 2,070 |
Registered sales per quarter, off-plan and ready units. Source: DLD.
What launch buyers got
The launch price against the registered resales after completion, same home types on both sides.
Over the same span, ready homes in DLD area Al Merkadh changed +32.1% (same home types).
Launch: the 90 days from the first off-plan sale (2020 onward). Resales: ready sales in the 12 months after the DLD completion date, or 24 when 12 hold fewer than 5. A price change is not a return: it leaves out fees, service charges, rent and the payment plan.
Rents and gross yield
New Ejari rent contracts for apartments in this project, 12 months to 5 November 2026, against the 12 months before. Fewer than 10 ready sales per bedroom count in those 12 months, so no yield is shown.
| Bedrooms | Median annual rent | New contracts | Change on a year earlier |
|---|---|---|---|
| 1 BR | AED 90,000 | 17 | -10% |
New single-unit contracts only; renewals and contracts over several units are left out. A bedroom count shows from 5 contracts, a change needs 5 in both years and a yield 10 ready sales.
Source: Dubai Land Department open data (Ejari rent contracts and registered sales), under the Dubai Data Open Data Licence.
Mortgage registrations
Home mortgages DLD has registered on units in this project, per quarter, in the 12 quarters to 5 November 2026.
| Quarter | Mortgage registrations |
|---|---|
| 2024-Q1 | 7 · registered amount AED 6.2M |
| 2024-Q2 | 0 |
| 2024-Q3 | 1 |
| 2024-Q4 | 0 |
| 2025-Q1 | 0 |
| 2025-Q2 | 0 |
| 2025-Q3 | 1 |
| 2025-Q4 | 0 |
| 2026-Q1 | 1 |
| 2026-Q2 | 0 |
| 2026-Q3 | 0 |
| 2026-Q4 | 0 |
Mortgage registrations on homes per quarter. Source: DLD.
Mortgage registrations in the last 4 quarters (2026-Q1 to 2026-Q4): 1; the amount shows from 5 registrations.
Since the first registration in 2023-Q3: 23 in all.
Counts DLD's mortgage registrations on homes in this project, including pre-registrations on off-plan units and lease-to-own registrations; portfolio and developer mortgages are left out. Amounts are the values DLD registers, shown for 5 registrations or more. A registration says nothing about the lender or the terms.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
Registered sales
The newest sales DLD has registered in this project, as DLD publishes them.
| Date | Market | Type | Size (sqft) | Price (AED) | AED/sqft |
|---|---|---|---|---|---|
| 20 February 2026 | ready | Apartment · 1 BR | 832 | 1,600,000 | 1,923 |
| 14 November 2025 | ready | Apartment · 1 BR | 832 | 1,680,000 | 2,019 |
| 10 July 2025 | ready | Apartment · 1 BR | 832 | 1,900,000 | 2,284 |
| 25 March 2025 | ready | Apartment · 1 BR | 832 | 1,840,000 | 2,212 |
| 10 February 2025 | ready | Apartment · 2 BR | 1,387 | 3,500,000 | 2,523 |
| 5 December 2024 | ready | Apartment · 1 BR | 832 | 1,850,000 | 2,224 |
| 10 July 2024 | ready | Apartment · 1 BR | 832 | 1,900,000 | 2,284 |
| 8 April 2024 | ready | Apartment · 1 BR | 767 | 1,850,000 | 2,412 |
| 30 November 2023 | ready | Apartment · 1 BR | 1,598 | 1,950,000 | 1,220 |
| 27 October 2023 | ready | Apartment · 1 BR | 767 | 1,200,000 | 1,565 |
Each sale as DLD registers it. Off-plan registrations include developer sales and resales, which DLD open data does not tell apart. DLD publishes no buyer or seller names. Shown on this page only, not as a download.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence. DLD Transactions dataset · Licence
LocationAl Merkadh · Dubai Municipality community
Places near the project
Straight-line distances from the project’s map pin, rounded to 10 m. The nearest place of each kind.
School ratings: KHDA’s school directory ↗ · Report a wrong location
Dubai Municipality · Makani · © OpenStreetMap contributors · RTA
New homes within 1.5 km
Open projects within 1.5 km of the pin: 15, with 1,700 units and villas.
| DLD end year | Projects | Units and villas |
|---|---|---|
| 2025 | 2 | 53 |
| 2026 | 1 | 41 |
| 2027 | 6 | 1,219 |
| 2028 | 4 | 216 |
| 2029 | 2 | 171 |
Open projects within 1.5 km of the pin, by DLD end year Highlighted: this project’s DLD end year.
Open projects in Al Merkadh: 17
Open projects in the same DLD area, by registered sales in 24 months.
| Project | Built | DLD end date | AED/sqft, 12 mo | Sales, 24 mo |
|---|---|---|---|---|
| Sobha Creek Vista Heights | 91.5% | — | 2,076 | 224 |
| Azizi Riviera Reve | 76.6% | Feb 2025 | — | 144 |
| Azizi Riviera 50 | 60.9% | Mar 2027 | 2,294 | 79 |
| Azizi Riviera 68 | 74.6% | May 2027 | 1,971 | 79 |
| Azizi Riviera 49 | 54.4% | Mar 2027 | 2,316 | 75 |
| The Highbury | 80% | — | 2,196 | 69 |
| Azizi Riviera 66 | 91% | May 2027 | 1,352 | 41 |
| ِِAzizi Riviera 60 | 97.1% | Mar 2027 | 2,125 | 40 |
| Naya at District One | 68.5% | Sep 2027 | 2,106 | 33 |
| Casa Serene | 74% | Dec 2024 | — | 2 |
| Project 3532, Al Merkadh | 0% | Sep 2025 | — | 0 |
| Azizi Riviera 53 | 63.2% | Mar 2027 | — | 0 |
AED/sqft: median of the project’s registered home sales in the last 12 months, ready and off-plan; a dash with too few sales.
Developer in DLD data District One - FZ · DLD developer no. 956
Completed a month or more after their DLD end date: 0 of 36 completed projects with both dates. In 35 of them the completion date equals the DLD end date, which DLD may set at completion, so this count can understate the gap.
Source: DLD projects register, export of 1 November 2026. Medians: our calculation, 3 projects or more.
Other projects in Mohammed Bin Rashid AL Maktoum City -District -1 Community
DLD lists 34 projects in the master project Mohammed Bin Rashid AL Maktoum City -District -1 Community.
Questions about Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18
When was Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18 completed?
Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18 is recorded as completed on 30 December 2022 (DLD register of 1 November 2026).
Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18?
District One - FZ, as registered with DLD.
What is the DLD project number of Mohammed Bin Rashid Al Maktoum City , District One Phase III , Residences 18?
2238.
Source: Dubai Land Department open data: projects register (export of 1 November 2026) and registered sales to 5 November 2026; Dubai Statistics Center price index. Methodology · Report a data error