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Residences 1
Residences 1Mohammed Bin Rashid City
1,825,000 AEDmarket
2,011 AED/ft²
Delivered: Q1 2022
Completed
Meydan Group

Residences 1

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,140,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 1
Meydan Group

Residences 1

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,140,000 AED

Payment Plan: 10/40/50

Residences 1

Mohammed Bin Rashid City

by Meydan Group

Booking
10%

Booking

Construction
40%

Construction

Handover
50%

Handover

Local Information

MapSchoolsShop & Eat
-- to

Description

District One Residences 1 offers apartments for sale in Mohammed Bin Rashid City — a completed five-storey building by Meydan Group with 34 units. Meydan Group developed this residential project within the prestigious District One community, part of the larger Mohammed Bin Rashid City. Construction commenced in December 2017, with an estimated handover in November 2019, and was officially completed by January 2021. The historical payment plan for these units included a 10% deposit, 40% during construction, and the remaining 50% upon handover. Residents enjoy access to the expansive 7-kilometer Crystal Lagoon, along with extensive cycling and jogging tracks. The development is located between Al Khail Road (E44) and Sheikh Mohammed bin Zayed Road (E311), offering connectivity to key areas. Educational facilities such as Jumeirah English Speaking School and North London Collegiate School are located nearby. The closest metro stations are Business Bay and Al Safa, providing further accessibility.

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Price Analysis for Residences 1

Apartment

1 B/R

34%
26 units
766 – 923 ft²
No market history available yet

Starting price

1.14M

1,500 /ft²

Current price

1.82M

2,011 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 1

DatePriceTypeBeds
23 Sep 20251,500,000Apartment1 B/R885 ft²—1,695
15 May 20252,150,000Apartment1 B/R924 ft²—2,327
31 May 20241,750,000Apartment1 B/R781 ft²—2,241
7 May 20241,775,000Apartment1 B/R831 ft²—2,136
18 Apr 20241,687,000Apartment1 B/R781 ft²—2,160
13 Nov 20231,950,000Apartment1 B/R781 ft²—2,497
17 Aug 20231,942,770Apartment1 B/R781 ft²—2,488
17 Aug 20232,065,315Apartment1 B/R831 ft²—2,485
23 Sep 2025
1,500,000
1 B/RApartment

885 ft²

—

1,695

15 May 2025
2,150,000
1 B/RApartment

924 ft²

—

2,327

31 May 2024
1,750,000
1 B/RApartment

781 ft²

—

2,241

7 May 2024
1,775,000
1 B/RApartment

831 ft²

—

2,136

18 Apr 2024
1,687,000
1 B/RApartment

781 ft²

—

2,160

13 Nov 2023
1,950,000
1 B/RApartment

781 ft²

—

2,497

17 Aug 2023
1,942,770
1 B/RApartment

781 ft²

—

2,488

17 Aug 2023
2,065,315
1 B/RApartment

831 ft²

—

2,485

A little more context
changes the read.

All transactionsAll transactionsSales and RentalsBoth sales and rentalsPrice per ft²Full price per ft²

Showing 8 most recent sales transactions

What's Available for Residences 1

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

No units to display

Price Trends

For units in Mohammed Bin Rashid City

Comparable Buildings in Mohammed Bin Rashid City

Assigned Schools

Affordability

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FAQ

District One Residences 1 sits within the gated District One community in Mohammed Bin Rashid City, which is a freehold area. The development is centered around a 7-kilometre man-made crystal lagoon and features extensive green parklands, jogging tracks, and cycling paths.
The building primarily attracts families and professionals seeking a quiet, gated community environment that remains close to Dubai's central business districts. A focus on waterfront living and expansive green spaces makes it a preferred option for those prioritizing a serene lifestyle over high-density urban living.
Facilities include a swimming pool, a gymnasium, and dedicated community play areas. The building also sits near the community's boardwalk, retail grocery options, and various walking paths around the crystal lagoon.
The community is primarily car-dependent, as there is no metro station located directly within the development. The nearest public transport hub is the Business Bay Red Line metro station, reachable by car.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 1: 2,011

AED/ft²

Mean value
Residences 1:

The full spread,
reveals the bias.

Every bedroom vs areaDeeper market contextLive benchmarks
Price trends provided by Dubai Land Department.

Comparable Buildings in Mohammed Bin Rashid City

BuildingPrice per ft²ConstructionHandoverDeveloper
Residences 16Meydan Group
2,121 AED/ft²
5.5%
100%
Q4 2022
Residences 16
2,121 AED/ft²5.5%
100%
Q4 2022
Meydan Group logo
Residences 3Meydan Group
2,222 AED/ft²
10.5%
100%
Q1 2022
Residences 3
2,222 AED/ft²10.5%
100%
Q1 2022
Meydan Group logo
Residences 5Meydan Group
2,281 AED/ft²
13.4%
100%
Q4 2022
Residences 5
2,281 AED/ft²13.4%
100%
Q4 2022
Meydan Group logo
Residences 18Meydan Group
2,116 AED/ft²
5.2%
100%
Q4 2022
Residences 18
2,116 AED/ft²5.2%
100%
Q4 2022
Meydan Group logo
Residences 13Meydan Group
2,203 AED/ft²
9.5%
100%
Q3 2023
Residences 13
2,203 AED/ft²9.5%
100%
Q3 2023
Meydan Group logo

The strongest comps
sit beyond the first pass.

Every ranked comparableEvery ranked comparableDeeper yield dataDeeper yield dataCross-building contextCross-building context

Neighborhood Overview

Map showing Mohammed Bin Rashid City neighborhood outline
© Mapbox © OpenStreetMap · Improve this map
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.