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Residences 24
Residences 24Mohammed Bin Rashid City
1,637,934 AEDmarket
1,944 AED/ft²
Delivered: Q1 2023
Completed
Meydan Group

Residences 24

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,310,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 24
Meydan Group

Residences 24

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,310,000 AED

Payment Plan: 10/40/50

Residences 24

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 24 offers apartments for sale in the prestigious Mohammed Bin Rashid City, a completed five-storey building by Meydan Group with 29 units. Construction commenced in June 2021, with completion by April 2023. This residential tower is part of The Residences at District One, a community known for its Crystal Lagoon. A historical payment plan for the project involved a 10% deposit, 40% during construction, and 50% upon handover. Located adjacent to Downtown Dubai, the development provides access to major thoroughfares like Al Khail Road and Sheikh Mohammed bin Zayed Road. The closest metro stations are Business Bay and Al Safa. Nearby landmarks include Ras Al Khor Wildlife Sanctuary, Dubai Opera, and the Dubai Mall. Educational institutions such as Bilingual French International School and Hartland International School are also in proximity.

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Price Analysis for Residences 24

Apartment

1 B/R

14%
26 units
766 – 1,593 ft²
No market history available yet

Starting price

1.31M

1,708 /ft²

Current price

1.64M

1,944 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 24

DatePriceTypeBeds
15 Jul 20241,777,950Apartment1 B/R832 ft²—2,137
11 Jul 20241,777,950Apartment1 B/R832 ft²—2,137
11 Jul 20241,684,157Apartment1 B/R788 ft²—2,137
11 Jul 20241,638,853Apartment1 B/R767 ft²—2,137
10 Jul 20241,684,157Apartment1 B/R788 ft²—2,137
10 Jul 20241,638,853Apartment1 B/R767 ft²—2,137
10 Jul 20241,637,934Apartment1 B/R767 ft²—2,136
10 Jul 20241,684,157Apartment1 B/R788 ft²—2,137
10 Jul 20241,778,185Apartment1 B/R832 ft²—2,137
10 Jul 20241,684,157Apartment1 B/R788 ft²—2,137
10 Jul 20241,638,853Apartment1 B/R767 ft²—2,137
10 Jul 20241,637,934Apartment1 B/R767 ft²—2,136
10 Jul 20241,684,157Apartment1 B/R788 ft²—2,137
10 Jul 20241,778,185Apartment1 B/R832 ft²—2,137
10 Jul 20243,402,790Apartment1 B/R1,593 ft²—2,136
15 Jul 2024
1,777,950
1 B/RApartment

832 ft²

—

2,137

11 Jul 2024
1,777,950
1 B/RApartment

832 ft²

—

2,137

11 Jul 2024
1,684,157
1 B/RApartment

788 ft²

—

2,137

11 Jul 2024
1,638,853
1 B/RApartment

767 ft²

—

2,137

10 Jul 2024
1,684,157
1 B/RApartment

788 ft²

—

2,137

10 Jul 2024
1,638,853
1 B/RApartment

767 ft²

—

2,137

10 Jul 2024
1,637,934
1 B/RApartment

767 ft²

—

2,136

10 Jul 2024
1,684,157
1 B/RApartment

788 ft²

—

2,137

10 Jul 2024
1,778,185
1 B/RApartment

832 ft²

—

2,137

10 Jul 2024
1,684,157
1 B/RApartment

788 ft²

—

2,137

10 Jul 2024
1,638,853
1 B/RApartment

767 ft²

—

2,137

10 Jul 2024
1,637,934
1 B/RApartment

767 ft²

—

2,136

10 Jul 2024
1,684,157
1 B/RApartment

788 ft²

—

2,137

10 Jul 2024
1,778,185
1 B/RApartment

832 ft²

—

2,137

10 Jul 2024
3,402,790
1 B/RApartment

1,593 ft²

—

2,136

A little more context
changes the read.

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

Showing 15 most recent sales transactions

What's Available for Residences 24

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 24 is a five-storey building situated within the District One gated community, a master-planned development in Mohammed Bin Rashid City. The project is defined by its proximity to the seven-kilometre Crystal Lagoon, which serves as a central feature of the wider community's landscape.
The building caters to investors and end-users seeking a low-rise, waterfront lifestyle in a prime central location. The project is positioned to appeal to professionals and families who prioritize proximity to major business hubs like Business Bay and Downtown Dubai while maintaining a resort-like community environment.
This development offers residents access to the extensive District One master-community amenities, including the man-made Crystal Lagoon, cycling and jogging tracks, and expansive green spaces. The building itself is designed to integrate with these surroundings, providing a tranquil, water-focused living experience.
The tower is located in a predominantly residential area where private vehicle travel is the primary mode of transportation. The nearest metro station is the Business Bay Red Line, which is approximately a five-minute drive from the community.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 24: 1,944

AED/ft²

Mean value
Residences 24:

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
9.1%
100%
Q4 2022
Residences 16
2,121 AED/ft²9.1%
100%
Q4 2022
Meydan Group logo
Residences 3Meydan Group
2,222 AED/ft²
14.3%
100%
Q1 2022
Residences 3
2,222 AED/ft²14.3%
100%
Q1 2022
Meydan Group logo
Residences 5Meydan Group
2,281 AED/ft²
17.3%
100%
Q4 2022
Residences 5
2,281 AED/ft²17.3%
100%
Q4 2022
Meydan Group logo
Residences 1Meydan Group
2,011 AED/ft²
3.4%
100%
Q1 2022
Residences 1
2,011 AED/ft²3.4%
100%
Q1 2022
Meydan Group logo
Residences 18Meydan Group
2,116 AED/ft²
8.8%
100%
Q4 2022
Residences 18
2,116 AED/ft²8.8%
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.