Residences 3Completed 2022AED 2,551 per sq ft register, 2024
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Home › Mohammed Bin Rashid City › Residential towers › District One › Residences 3
Map: Google Maps
Residential tower built by District One - FZ (Meydan), handed over in 2022, with 37 resales since 2023

Residences 3, Mohammed Bin Rashid City · by District One - FZ (Meydan)

An apartment in Residences 3 sold for about AED 2,551 per sq ft in 2024

Median of 12 apartment sales in 2024, median price AED 1,965,000. Source: Dubai Land Department register, to 12 Feb 2026. 1 market sale in the 12 months to 23 Oct 2026; 37 sales on record since 2023. That is too few for a home price.

The market says
67 registered sales since 2018 at AED 2,551 per sq ft (2024); 3 homes for sale now.
James Paul Booth
The agent's view
“There are too few recent sales in Residences 3 for me to quote a return. There are about 36 months of homes for sale, so the buyer can negotiate. I would price it from the last sale of the same layout, and I would not pay more for a promise.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Asking now, 1-bed
AED 1,700,000 (3 listings)
Asking rent, 1-bed
AED 105,000 a year (5 listings)
Official record
67 registered sales since 2018: 67 apartment
31 units with a sale on record since 2023.
0sales in the last 30 days: 0 resale, 0 off-plan
3for sale now
36 monthsTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 23 Oct 2026. Built 27 Oct 2026.

Residences 3 on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldResale: per sq ftMedian askingAsking over resaleRent a yearGross yield
1-bedunder 5 (1)–AED 1,700,000 (3)–AED 105,000 (5)–

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (0 of 37 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.

Too few resale sales to state a yearly change

1 resale sales in the last 12 months and 3 in the 12 months before. Each period needs at least 5.

2023-Q3: AED 2,438 per sq ft, 4 sales2,43823 Q32023-Q4: AED 2,300 per sq ft, 19 sales2,30023 Q42024-Q1: AED 2,543 per sq ft, 3 sales2,54324 Q12024-Q2: AED 2,559 per sq ft, 5 sales2,55924 Q22024-Q3: AED 2,303 per sq ft, 1 sale2,30324 Q32024-Q4: AED 2,559 per sq ft, 3 sales2,55924 Q425 Q125 Q22025-Q3: AED 2,435 per sq ft, 1 sale2,43525 Q325 Q42026-Q1: AED 2,009 per sq ft, 1 sale2,00926 Q14 sales419 sales193 sales35 sales51 sales13 sales30 sales00 sales01 sales10 sales01 sales1Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.

Every sale since 2023: 37 sales of 31 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
1021-bed781AED 1,570,0002,00923 Mar 2026Resale-22% from AED 2.00m in 2024
G011-bed924AED 2,250,0002,43515 Jul 2025Resale+2% from AED 2.19m in 2023
2061-bed781AED 1,850,0002,3674 Nov 2024Resale+4% from AED 1.78m in 2023
4031-bed767AED 1,980,0002,58228 Oct 2024Resale+2% from AED 1.95m in 2024
1021-bed781AED 2,000,0002,55922 Oct 2024Resale+14% from AED 1.76m in 2023
4061-bed781AED 1,800,0002,3033 Jul 2024Resale
3011-bed831AED 2,205,0002,65323 May 2024Resale+25% from AED 1.77m in 2023
1061-bed781AED 2,000,0002,55930 Apr 2024Resale
3061-bed781AED 1,800,0002,30318 Apr 2024Resale
1071-bed831AED 1,750,0002,1062 Apr 2024Resale
G022-bed1,528AED 4,300,0002,8151 Apr 2024Resale
4031-bed767AED 1,950,0002,5436 Mar 2024Resale
4011-bed831AED 1,850,0002,22615 Feb 2024Resale
3042-bed1,373AED 3,600,0002,6237 Feb 2024Resale
1031-bed767AED 1,840,6322,40022 Dec 2023Resale
2071-bed831AED 1,750,0002,10621 Dec 2023Resale
3071-bed831AED 1,755,0002,11212 Dec 2023Resale
G031-bed885AED 2,249,0322,54111 Dec 2023Resale
1042-bed1,373AED 3,424,4642,49528 Nov 2023Resale
2051-bed767AED 1,859,8052,42522 Nov 2023Resale
4071-bed831AED 1,745,2682,10017 Nov 2023Resale
1051-bed767AED 1,840,6322,4006 Nov 2023Resale
4042-bed1,373AED 3,497,2102,5482 Nov 2023Resale
1011-bed831AED 1,724,4912,0752 Nov 2023Resale
2042-bed1,373AED 3,428,5792,4981 Nov 2023Resale
1021-bed781AED 1,758,2852,25026 Oct 2023Resale
2011-bed831AED 1,745,2682,10025 Oct 2023Resale
3011-bed831AED 1,766,0452,12524 Oct 2023Resale
2021-bed781AED 1,777,8222,27519 Oct 2023Resale
4021-bed781AED 2,016,0002,58013 Oct 2023Resale
2061-bed781AED 1,777,8222,27512 Oct 2023Resale
3021-bed781AED 1,797,3582,30012 Oct 2023Resale
3031-bed767AED 1,878,9792,4505 Oct 2023Resale
G011-bed924AED 2,194,4292,37528 Sep 2023Resale
2031-bed767AED 1,859,8052,42527 Sep 2023Resale
4051-bed767AED 1,950,0002,54327 Sep 2023Resale
3051-bed767AED 1,878,9792,45021 Sep 2023Resale

3 homes for sale: asking prices and days listed

3 homes are for sale in Residences 3. The median advert has been listed for 0 days; the oldest for 6 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Asking over soldMedian time listed
1-bed3AED 1,700,0002,218too few sales–0 days

How long the adverts have been listed

30 days or less3
31 to 90 days0
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftDays listedNotes
1-bed767AED 1,700,0002,2160
1-bed766AED 1,699,0002,2180furnished
1-bed766AED 1,950,0002,5466furnished

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

The official record: 67 registered sales since 2018

Dubai Land Department register for "Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 3", 21 Nov 2018 to 12 Feb 2026: 67 apartment sales, plus 16 mortgages. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
20251–
2024122,551
2023232,400
2018311,500

Median AED per sq ft is shown for 3 or more sales in a year. 31 of these sales were off-plan and 36 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 36 sales and our unit list has 36.

Get a message when something changes in Residences 3
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Which side faces what

The direction of each landmark from Residences 3, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthDubai Design District 3.5 km · Burj Khalifa 4.5 km · DIFC 6.0 km
North-eastDubai Creek and Ras Al Khor 6.1 km
EastResidences 2, a tower 48 m away · Residences 1, a tower 107 m away · Meydan racecourse 1.5 km
South-eastThe Residences at District One, a tower 95 m away
South-westResidences 4, a tower 116 m away · Dubai Marina skyline 17.0 km
WestBurj Al Arab and the sea 10.2 km
North-westSheikh Zayed Road 4.2 km · Jumeirah beach and the sea 7.0 km

The building: 0 of 0 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Completed
2022

Sources for figures not in the developer fact file:

  • Completed: Completion year from mitchellscommercialrealty.com, read 15 Oct 2026: https://www.mitchellscommercialrealty.com/off-plan/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-3

Where sources disagree

No conflict found between sources.

Around Residences 3

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Residences 3 (this tower)–– (1)
Residences 248 m– (1)
Residences 1107 m– (1)
Residences 4116 m– (2)
Residences 5156 m2,196 (7)
Residences 16168 m1,844 (5)
Residences 17171 m– (0)
Residences 15183 m2,023 (11)
Naya 3218 m– (3)

Drive times with no traffic

ToTimeDistance
Dubai Mall15 min10.4 km
DIFC Gate15 min11.2 km
DXB Terminal 336 min24.4 km
Dubai Marina Mall26 min22.3 km
Mall of the Emirates20 min16.0 km
Kite Beach17 min12.1 km
DWC airport50 min45.4 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 21 Sep 2023 to 23 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, building facts, the developer, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 27 Oct 2026 first build of this page. No correction yet.

Other towers in District One

Residences 3 is in District One, Mohammed Bin Rashid City. Sold prices and sales for the other towers with a page:

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Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.