District One Residences 16Mohammed Bin Rashid City

1,580,000 AEDmarket

2,121 AED/ft²

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Delivered: Q4 2022

Completed

District One Residences 16

Mohammed Bin Rashid City

1 - 3 BedsApartment

Launch price

1,190,000 AED

Payment Plan: 10/40/50

District One Residences 16

Mohammed Bin Rashid City

1 - 3 BedsApartment

Launch price

1,190,000 AED

Payment Plan: 10/40/50

District One Residences 16

Mohammed Bin Rashid City

by Meydan Group

Booking

10%

Booking

Construction

40%

Construction

Handover

50%

Handover

Local Information

Description

District One Residences 16 offers apartments for sale in District One, a completed 16-storey building by Meydan Group with 104 units. Meydan Group developed this project, which features 1, 2, and 3-bedroom apartments. Construction began in December 2017, with an estimated handover in October 2022. The project was completed in December 2022, providing residents with modern living spaces. A payment plan was available, including a 10% deposit, 40% during construction, and 50% upon handover. The development is located in Mohammed Bin Rashid City, near the Crystal Lagoon and the upcoming Meydan One Mall. It offers connectivity via Al Meydan Road and Al Khail Road, with schools like Bilingual French International School nearby.

Price History for District One Residences 16

Comparable Projects in Mohammed Bin Rashid City

Project	Price per ft²	Construction	Handover	Developer
District One Residences 15Meydan Group 1,650 AED/ft² 100% Q4 2022	District One Residences 15	1,650 AED/ft²	100%	Q4 2022
District One Residences 5Meydan Group 1,604 AED/ft² 100% Q4 2022	District One Residences 5	1,604 AED/ft²	100%	Q4 2022
District One Residences 18Meydan Group 1,637 AED/ft² 100% Q4 2022	District One Residences 18	1,637 AED/ft²	100%	Q4 2022
District One Residences 21Meydan Group 1,637 AED/ft² 100% Q4 2022	District One Residences 21	1,637 AED/ft²	100%	Q4 2022
District One Residences 17Meydan Group 1,787 AED/ft² 100% Q4 2022	District One Residences 17	1,787 AED/ft²	100%	Q4 2022

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Unit Plot Map for District One Residences 16

What's Available for District One Residences 16

Unit #	Type	Beds	From	Built-up	Int. Area	Ext. Area	Floor
No units to display

No units to display

Price Trends

For units in Mohammed Bin Rashid City

Affordability

Assigned Schools

Neighborhood Overview

Mohammed Bin Rashid City

53 Buildings For You

Buy: AED 314K - 30.0M

YoY Price Change: -6.2%

Gross Yield: No rental data available yet

Neighborhood stats provided by Dubai Land Department.

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FAQ

District One Residences 16 was completed in December 2022. This 16-storey building in Mohammed Bin Rashid City followed a construction timeline that began in December 2017.

The project is part of a gated community that features a 7-kilometer Crystal Lagoon and 14 kilometers of crystalline beach shore. Residents have access to extensive outdoor amenities, including an 8.4-kilometer cycling and running track within the wider master plan.

Meydan Group is the developer of District One Residences 16. The group is a prominent Dubai-based developer known for large-scale master plans that integrate residential, sporting, and lifestyle assets.

This development houses 104 apartments in total. The building offers a mix of 1, 2, and 3-bedroom residential units.

The development is situated in Mohammed Bin Rashid City with direct access to Al Meydan Road and Al Khail Road. This positioning provides connectivity to major hubs like Downtown Dubai and Business Bay.