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Residences 12
Residences 12Mohammed Bin Rashid City
1,635,000 AEDmarket
2,180 AED/ft²
Delivered: Q1 2023
Completed
Meydan Group

Residences 12

Mohammed Bin Rashid City

1 - 5 BedsApartment

Launch price

1,190,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 12
Meydan Group

Residences 12

Mohammed Bin Rashid City

1 - 5 BedsApartment

Launch price

1,190,000 AED

Payment Plan: 10/40/50

Residences 12

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 12 offers apartments for sale in Mohammed Bin Rashid City, a completed 17-storey building by Meydan Group with 131 units. Construction began in September 2018, with an estimated handover in February 2023. The project was ultimately completed and handed over in September 2023. The development features 1 and 2-bedroom apartments, with sizes ranging from 733 to 2,132 sq. ft. Residents have access to a 7-kilometer Crystal Lagoon, 8.4 kilometers of cycling and running tracks, and are close to the upcoming Meydan One Mall. The community is easily accessible via Al Khail Road and Al Meydan Road, and is minutes away from Downtown Dubai. Nearby educational institutions include Bilingual French International School, Clarion School, and Jumeirah English Speaking School.

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Price Analysis for Residences 12

Apartment

1 B/R

31%
94 units
730 – 1,163 ft²
No market history available yet

Starting price

1.19M

1,660 /ft²

Current price

1.64M

2,180 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 12

DatePriceTypeBeds
29 Dec 20251,610,000Apartment1 B/R749 ft²—2,150
15 Dec 20251,570,000Apartment1 B/R733 ft²—2,142
19 Nov 20251,700,000Apartment1 B/R737 ft²—2,307
13 Nov 20251,573,000Apartment1 B/R753 ft²—2,089
12 Aug 20252,010,000Apartment1 B/R737 ft²—2,727
29 Dec 2025
1,610,000
1 B/RApartment

749 ft²

—

2,150

15 Dec 2025
1,570,000
1 B/RApartment

733 ft²

—

2,142

19 Nov 2025
1,700,000
1 B/RApartment

737 ft²

—

2,307

13 Nov 2025
1,573,000
1 B/RApartment

753 ft²

—

2,089

12 Aug 2025
2,010,000
1 B/RApartment

737 ft²

—

2,727

A little more context
changes the read.

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

Showing 5 most recent sales transactions

What's Available for Residences 12

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

Residences 12 provides access to the extensive community facilities of District One, including the 7-kilometre Crystal Lagoon and 14 kilometres of beach shore. Residents also benefit from 8.4 kilometres of dedicated cycling and running tracks, along with landscaped parks, a clubhouse, and various retail options within the development.
The building primarily suits investors and end-users seeking a waterfront lifestyle within Mohammed Bin Rashid City. The community's proximity to Business Bay and Downtown Dubai makes it a practical choice for professionals working in these central districts who prioritize access to green spaces and leisure facilities.
The Business Bay Red Line station is the closest metro stop to Residences 12. It is reachable in approximately 6 minutes by car from the community.
This development features a selection of 1 and 2-bedroom apartments. These units are designed with floor-to-ceiling windows to maximize natural light and views of the surrounding water bodies and green corridors.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 12: 2,180

AED/ft²

Mean value
Residences 12:

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 6Meydan Group
2,392 AED/ft²
9.7%
100%
Q3 2023
Residences 6
2,392 AED/ft²9.7%
100%
Q3 2023
Meydan Group logo
Lagoon ViewsMeydan Group
1,958 AED/ft²
10.2%
100%
Q1 2025
Lagoon Views
1,958 AED/ft²10.2%
100%
Q1 2025
Meydan Group logo
Residences 16Meydan Group
2,121 AED/ft²
2.7%
100%
Q4 2022
Residences 16
2,121 AED/ft²2.7%
100%
Q4 2022
Meydan Group logo
Residences 3Meydan Group
2,222 AED/ft²
1.9%
100%
Q1 2022
Residences 3
2,222 AED/ft²1.9%
100%
Q1 2022
Meydan Group logo
Residences 5Meydan Group
2,281 AED/ft²
4.6%
100%
Q4 2022
Residences 5
2,281 AED/ft²4.6%
100%
Q4 2022
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.