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Residences 28
Residences 28Mohammed Bin Rashid City
1,582,500 AEDmarket
2,008 AED/ft²
Delivered: Q2 2023
Completed
Meydan Group

Residences 28

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,410,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 28
Meydan Group

Residences 28

Mohammed Bin Rashid City

1 - 2 BedsApartment

Launch price

1,410,000 AED

Payment Plan: 10/40/50

Residences 28

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 28 offers apartments for sale in the District One community of Mohammed Bin Rashid City, Dubai. Meydan Group developed this five-storey residential building, completed in May 2023. Construction commenced in October 2021, delivering 42 residential units. A structured payment plan included a 10% deposit, 40% during construction, and the remaining 50% upon handover. The development provides access to the 7 km Crystal Lagoon, Meydan Racecourse, and The Track Meydan Golf. It is also close to the future Meydan One Mall and the Meydan Hotel. Proximity to major roads like Sheikh Zayed Road and Al Khail Road enhances connectivity across the city. Educational facilities such as Bilingual French International School and Hartland International School are located nearby.

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Price Analysis for Residences 28

Apartment

1 B/R

11%
26 units
766 – 1,598 ft²
No market history available yet

Starting price

1.41M

1,805 /ft²

Current price

1.58M

2,008 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 28

DatePriceTypeBeds
6 Feb 20261,615,000Apartment1 B/R788 ft²—2,049
31 Jul 20251,825,000Apartment1 B/R767 ft²—2,379
16 Jun 20251,550,000Apartment1 B/R788 ft²—1,967
25 Mar 20251,350,000Apartment1 B/R788 ft²—1,713
27 Jan 20251,650,000Apartment1 B/R767 ft²—2,151
16 May 20241,568,788Apartment1 B/R788 ft²—1,991
6 May 20241,570,000Apartment1 B/R832 ft²—1,887
6 May 20241,530,000Apartment1 B/R832 ft²—1,839
2 Apr 20241,840,000Apartment1 B/R832 ft²—2,212
19 Mar 20241,508,450Apartment1 B/R788 ft²—1,914
18 Mar 20241,508,450Apartment1 B/R788 ft²—1,914
14 Mar 20241,572,517Apartment1 B/R788 ft²—1,996
13 Mar 20241,568,788Apartment1 B/R788 ft²—1,991
6 Feb 2026
1,615,000
1 B/RApartment

788 ft²

—

2,049

31 Jul 2025
1,825,000
1 B/RApartment

767 ft²

—

2,379

16 Jun 2025
1,550,000
1 B/RApartment

788 ft²

—

1,967

25 Mar 2025
1,350,000
1 B/RApartment

788 ft²

—

1,713

27 Jan 2025
1,650,000
1 B/RApartment

767 ft²

—

2,151

16 May 2024
1,568,788
1 B/RApartment

788 ft²

—

1,991

6 May 2024
1,570,000
1 B/RApartment

832 ft²

—

1,887

6 May 2024
1,530,000
1 B/RApartment

832 ft²

—

1,839

2 Apr 2024
1,840,000
1 B/RApartment

832 ft²

—

2,212

19 Mar 2024
1,508,450
1 B/RApartment

788 ft²

—

1,914

18 Mar 2024
1,508,450
1 B/RApartment

788 ft²

—

1,914

14 Mar 2024
1,572,517
1 B/RApartment

788 ft²

—

1,996

13 Mar 2024
1,568,788
1 B/RApartment

788 ft²

—

1,991

A little more context
changes the read.

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

Showing 13 most recent sales transactions

What's Available for Residences 28

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 28 is located in District One, a gated community centered around a 7-kilometer man-made Crystal Lagoon. Residents have access to extensive outdoor amenities, including 8.4 kilometers of cycling and jogging tracks, expansive green parks, and direct access to the lagoon for swimming and kayaking.
The development typically suits professionals and families who prioritize a serene, low-density environment while remaining near the commercial hubs of Business Bay and Downtown Dubai. Its mix of 1, 2, and 3-bedroom apartments caters to those seeking a balance between urban accessibility and resort-style waterfront living.
District One is primarily designed for private vehicle use, with major connections via Al Khail Road. While public transport does not run directly through the community, the Business Bay Metro Station is the nearest public transit link, typically reachable within a short drive.
The building has demonstrated strong investment potential, with data indicating gross rental yields reaching up to 11.2% in the area. This performance is supported by the building's central location in Mohammed Bin Rashid City and its proximity to major business districts.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 28: 2,008

AED/ft²

Mean value
Residences 28:

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
5.6%
100%
Q4 2022
Residences 16
2,121 AED/ft²5.6%
100%
Q4 2022
Meydan Group logo
Residences 3Meydan Group
2,222 AED/ft²
10.7%
100%
Q1 2022
Residences 3
2,222 AED/ft²10.7%
100%
Q1 2022
Meydan Group logo
Residences 5Meydan Group
2,281 AED/ft²
13.6%
100%
Q4 2022
Residences 5
2,281 AED/ft²13.6%
100%
Q4 2022
Meydan Group logo
Residences 1Meydan Group
2,011 AED/ft²
0.1%
100%
Q1 2022
Residences 1
2,011 AED/ft²0.1%
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.