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Residences 23
Residences 23Mohammed Bin Rashid City
1,715,000 AEDmarket
2,236 AED/ft²
Delivered: Q1 2023
Completed
Meydan Group

Residences 23

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,370,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 23
Meydan Group

Residences 23

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,370,000 AED

Payment Plan: 10/40/50

Residences 23

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 23 offers apartments for sale within the District One community of Mohammed Bin Rashid City. Meydan Group developed this five-storey residential building, which comprises 24 apartments. Construction commenced in June 2021, with completion achieved in April 2023. The development provides a selection of 1, 2, and 3-bedroom apartments. The community features a Crystal Lagoon, white-sand beaches, and an 8.4-kilometer cycling and jogging track. Educational options nearby include the Bilingual French International School and Hartland International School. The project is located near Downtown Dubai, Dubai International Financial Centre, and Dubai Opera.

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Price Analysis for Residences 23

Apartment

1 B/R

35%
26 units
766 – 1,604 ft²
No market history available yet

Starting price

1.37M

1,653 /ft²

Current price

1.72M

2,236 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 23

DatePriceTypeBeds
25 Feb 20261,730,000Apartment1 B/R767 ft²—2,256
12 Dec 20251,600,000Apartment1 B/R788 ft²—2,030
10 Nov 20251,700,000Apartment1 B/R832 ft²—2,043
23 Sep 20251,700,000Apartment1 B/R767 ft²—2,216
19 Aug 20251,750,000Apartment1 B/R767 ft²—2,282
9 Jul 20251,740,000Apartment1 B/R767 ft²—2,269
27 Nov 20241,935,000Apartment1 B/R767 ft²—2,523
28 Mar 20241,530,000Apartment1 B/R788 ft²—1,942
13 Mar 20241,201,542Apartment1 B/R832 ft²—1,444
18 Jan 20241,650,000Apartment1 B/R767 ft²—2,151
15 Dec 20232,400,000Apartment1 B/R1,484 ft²—1,617
25 Feb 2026
1,730,000
1 B/RApartment

767 ft²

—

2,256

12 Dec 2025
1,600,000
1 B/RApartment

788 ft²

—

2,030

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

832 ft²

—

2,043

23 Sep 2025
1,700,000
1 B/RApartment

767 ft²

—

2,216

19 Aug 2025
1,750,000
1 B/RApartment

767 ft²

—

2,282

9 Jul 2025
1,740,000
1 B/RApartment

767 ft²

—

2,269

27 Nov 2024
1,935,000
1 B/RApartment

767 ft²

—

2,523

28 Mar 2024
1,530,000
1 B/RApartment

788 ft²

—

1,942

13 Mar 2024
1,201,542
1 B/RApartment

832 ft²

—

1,444

18 Jan 2024
1,650,000
1 B/RApartment

767 ft²

—

2,151

15 Dec 2023
2,400,000
1 B/RApartment

1,484 ft²

—

1,617

A little more context
changes the read.

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

Showing 11 most recent sales transactions

What's Available for Residences 23

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 23 is positioned within the District One master plan, which is centered around a 7-kilometre man-made Crystal Lagoon. Residents have access to extensive cycling and running tracks, along with 26 million square feet of dedicated parkland and green spaces.
The building attracts professionals and families seeking a low-density, gated environment near the Business Bay district. Its combination of waterfront amenities and proximity to central Dubai hubs makes it a targeted choice for those prioritizing a balance of leisure and accessibility.
The Business Bay Metro Station is the nearest public transport hub, reachable within approximately 6 minutes by car. While the community is gated and primarily car-dependent, its location in Mohammed Bin Rashid City provides direct road links to Al Khail Road.
Each residential unit in Residences 23 comes with allocated parking spaces as part of the building's standard design. This ensures that residents have dedicated spots within the gated community, addressing common parking constraints found in more dense urban areas.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 23: 2,236

AED/ft²

Mean value
Residences 23:

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
5.1%
100%
Q4 2022
Residences 16
2,121 AED/ft²5.1%
100%
Q4 2022
Meydan Group logo
Residences 3Meydan Group
2,222 AED/ft²
0.6%
100%
Q1 2022
Residences 3
2,222 AED/ft²0.6%
100%
Q1 2022
Meydan Group logo
Residences 5Meydan Group
2,281 AED/ft²
2.0%
100%
Q4 2022
Residences 5
2,281 AED/ft²2.0%
100%
Q4 2022
Meydan Group logo
Residences 1Meydan Group
2,011 AED/ft²
10.1%
100%
Q1 2022
Residences 1
2,011 AED/ft²10.1%
100%
Q1 2022
Meydan Group logo
Residences 18Meydan Group
2,116 AED/ft²
5.4%
100%
Q4 2022
Residences 18
2,116 AED/ft²5.4%
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.