Dubai, general view
Mohammed Bin Rashid Al Maktoum City District One West - Phase 1
Ghadeer Al tair · Meydan
No completion dateDLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16
Al Merkadh MeydanDLD project 1997
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 is listed as finished on the DLD register. Its 5 home sales over Oct 2025–Sep 2026 registered at a median AED 2.0m, AED 1,912 per sq ft.
DLD registerSourceDLD project registerFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
Finished
project 1997
Sales since Jan 2019SourceDLD registered salesWindowJan 2019–5 Oct 2026Based on132 salesFigurecount of registered sales of every typeDatasales to 5 Oct 2026How it is worked out
132
registered with DLD, all types
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on5 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
5
Oct 2025–Sep 2026
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on5 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026How it is worked out
AED 2.0m
5 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on5 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
5
−37% on Oct 2024–Sep 2025
The DLD project register
FinishedFinished on the DLD register
100% built at DLD’s inspection on 12 Jan 2023.
- DLD project number
- 1997
- Status
- Finished
- Completion date
- 6 Nov 2022
- Start date
- 1 Dec 2017
- Registered
- 23 Nov 2017
- Developer
- District One - Fz · DLD developer 956
- Escrow account bank
- Dubai Islamic Bank
- Units
- 95
- Buildings
- 1: Mohammed Bin Rashid Al Maktoum City, District One Phase Iii, Residences 16
Inspection history: 11 inspections on the register
| Inspection date | Built |
|---|---|
| 12 Jan 2023 | 100% |
| 4 Oct 2022 | 91.17% |
| 15 Jun 2022 | 77.4% |
| 7 Dec 2021 | 70.19% |
| 9 Dec 2020 | 70.08% |
| 25 Jun 2020 | 62.89% |
| 8 Apr 2020 | 53.73% |
| 26 Dec 2019 | 44.02% |
| 20 Oct 2019 | 32.02% |
| 15 Jan 2019 | 10.14% |
| 8 Aug 2018 | 0.8% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. Meydan can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-1997-H1 · DLD register read 13 Oct 2026
Home prices by size
registered home sales, Oct 2025–Sep 2026| Size | Sales | Median price | Median AED /sq ft | Median size, sq ft |
|---|---|---|---|---|
| 1 BR | 2 · fewer than 5 | — | — | — |
| 3 BR | 3 · fewer than 5 | — | — | — |
Medians of registered flat and villa sales with no data-quality flag; a size with fewer than 5 sales shows no median.
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 15 Sep 2026 | Flat · 3 BR Ready | 1,778 | AED 3.3m | 1,827 | −11% |
| 7 Sep 2026 | Flat · 1 BR Ready | 745 | AED 1.4m | 1,912 | −7% |
| 9 Jun 2026 | Flat · 1 BR Ready | 745 | AED 2.0m | 2,710 | +32% |
| 1 Jun 2026 | Flat · 3 BR Ready | 907 | AED 2.0m | 2,187 | +7% |
| 23 Oct 2025 | Flat · 3 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 2,711 | AED 5.0m | 1,844 | −10% |
| 17 Jul 2025 | Flat · 3 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 2,711 | AED 4.3m | 1,596 | −22% |
| 29 May 2025 | Flat · 1 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 775 | AED 1.3m | 1,676 | −18% |
| 24 Jan 2025 | Flat · 1 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 745 | AED 1.6m | 2,173 | +6% |
| 23 Dec 2024 | Flat · 1 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 745 | AED 1.6m | 2,120 | +3% |
| 12 Nov 2024 | Flat · 2 BR ReadyMohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 16 | 1,290 | AED 3.7m | 2,886 | +42% |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Al Merkadh, Oct 2025–Sep 2026.
Meydan’s ads
Meydan isn’t advertising Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 on Facebook or Instagram right now. When it does, the ads will show here with the prices they quote.
Checked in Meta’s Ad Library on 26 Oct 2026 · Meydan Real Estate in the Ad Library
Al Merkadh market insights
Registered with DLD under the district Al Merkadh, 2019 to 5 Oct 2026.
AED 1,967Sep 2026+10%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
1 bedroom
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
3,397 sales2025+126%on 2019
Full years only, registered sales of every type. 2,109 sales in 2026 to 5 Oct.
Off-plan share
23% of the 2,924 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2019 | 29 | 29 | 0 | AED 42.6m | AED 1.2m | 1,625 |
| 2020 | 26 | 26 | 0 | AED 40.5m | AED 1.3m | 1,635 |
| 2021 | 17 | 17 | 0 | AED 29.3m | AED 1.4m | 1,450 |
| 2022 | 9 | 9 | 0 | AED 19.4m | AED 1.6m | 1,881 |
| 2023 | 27 | 6 | 21 | AED 48.7m | AED 1.6m | 2,087 |
| 2024 | 16 | 0 | 16 | AED 41.1m | AED 1.7m | 2,133 |
| 2025 | 4 | 0 | 4 | AED 12.2m | — | — |
| 2026 to 5 Oct | 4 | 0 | 4 | AED 8.7m | — | — |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
132sales registered, Feb 2019 to Sep 2026
Every registered sale, all property types.
Other projects in Al Merkadh
2,924 sales were registered in Al Merkadh over Oct 2025–Sep 2026, with homes at a median AED 1,976 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| Sobha Hartland - the Crest | Sobha | Finished | 241 | AED 1.6m |
| Sobha Hartland - Crest Grande | Sobha | Finished | 192 | AED 2.7m |
| Sobha Creek Vistas | Sobha | Finished | 123 | AED 1.1m |
| Sobha Creek Vistas Heights | Sobha | No completion date | 109 | AED 1.8m |
| Azizi Riviera Beachfront | Azizi | Finished | 105 | AED 801k |
| Azizi Riviera Reve | Azizi | Due Feb 2025 | 83 | AED 2.6m |
| Azizi Riviera 50 | Azizi | Due Mar 2027 | 81 | AED 1.7m |
| Azizi Riviera 49 | Azizi | Due Mar 2027 | 76 | AED 1.1m |
| Azizi Riviera 68 | Azizi | Due May 2027 | 67 | AED 1.5m |
| Sobha Creek Vistas Reserve | Sobha | Finished | 62 | AED 1.2m |
| Sobha Hartland Waves | Sobha | Finished | 55 | AED 1.4m |
| Sobha Hartland Greens - Phase Iii | Sobha | Finished | 51 | AED 955k |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by Meydan
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| Mohammed Bin Rashid Al Maktoum City District One West - Phase 1 | Ghadeer Al tair | None listed | 92.6% | 56 |
| Canal Front Residences-Cf3&Cf4 | Al Wasl | Finished | — | 34 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 26 | Al Merkadh | Finished | — | 31 |
| Canal Front Residences-Cf5&Cf6 | Al Wasl | Finished | — | 29 |
| Mohammed Bin Rashid Al Maktoum City -District One West - Phase 2 | Ghadeer Al tair | Nov 2027 | 40.9% | 24 |
| Canal Front Residences-Cf7 & Cf8 & Cf9 | Al Wasl | Finished | — | 23 |
| Mohammed Bin Rashid Al Maktoum City District One, B Villas | Al Merkadh | Finished | — | 22 |
| Mohammed Bin Rashid Al Maktoum City- District One, Phase 1 | Al Merkadh | Finished | — | 18 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 13 | Al Merkadh | Finished | — | 18 |
| Naya at District One | Al Merkadh | Sep 2027 | 56% | 16 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 15 | Al Merkadh | Finished | — | 13 |
| Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 4 | Al Merkadh | Finished | — | 12 |
More from Meydan
Every Meydan projectDubai, general view
Canal Front Residences-Cf3&Cf4
Al Wasl · Meydan
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 3.9m
Dubai, general view
Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 26
Al Merkadh · Meydan
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.4m
Dubai, general view
Canal Front Residences-Cf5&Cf6
Al Wasl · Meydan
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 4.9m
Dubai, general view
Mohammed Bin Rashid Al Maktoum City -District One West - Phase 2
Ghadeer Al tair · Meydan
Due Nov 2027DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
Canal Front Residences-Cf7 & Cf8 & Cf9
Al Wasl · Meydan
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 4.1m
Photos: Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0). Resized and cropped.
More projects in Al Merkadh
Everything in Al MerkadhDubai, general view
Sobha Hartland - the Crest
Al Merkadh · Sobha
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.6m
Dubai, general view
Sobha Hartland - Crest Grande
Al Merkadh · Sobha
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 2.7m
Dubai, general view
Sobha Creek Vistas
Al Merkadh · Sobha
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
Sobha Creek Vistas Heights
Al Merkadh · Sobha
No completion dateDLD register
Median home price, Oct 2025–Sep 2026AED 1.8m
Dubai, general view
Azizi Riviera Beachfront
Al Merkadh · Azizi
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 801k
Dubai, general view
Azizi Riviera Reve
Al Merkadh · Azizi
Due Feb 2025DLD register
Median home price, Oct 2025–Sep 2026AED 2.6m
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16
Check a price in Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16Compare an asking price with registered salesIs it overpriced?How to read a Dubai quote against the recordOff-plan trackerEvery active project on the DLD registerMoving to DubaiThe step-by-step guide for Indian freelancers
About Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16
Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 is a Meydan project in Al Merkadh, Dubai, registered with the Dubai Land Department as project 1997 by District One - Fz. The register lists it as finished.
132 sales have been registered since Jan 2019, the first on 12 Feb 2019, 5 of them over Oct 2025–Sep 2026. Over those twelve months its 5 home sales registered at a median AED 2.0m. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 84th of the 130 projects with a registered sale in Al Merkadh, and 18th of Meydan’s 43.
Questions about Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16
Is Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 finished?
Yes. The DLD register lists Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 as finished.
How many sales has Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16 had?
132 sales registered with the Dubai Land Department since Jan 2019, 5 of them over Oct 2025–Sep 2026.
Who is the developer of Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16?
The DLD register lists District One - Fz, DLD developer number 956, which we group under Meydan.
Where is Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16?
In Al Merkadh, Dubai. The Dubai Land Department registers its sales under the district Al Merkadh. Homes there registered at a median AED 1,976 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16?
The DLD project register lists an escrow account with Dubai Islamic Bank for Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16.
Cite this page
Mohammed Bin Rashid Al Maktoum City , District One Phase Iii , Residences 16, Al Merkadh. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-16
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
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GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.