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Residences 5
Residences 5Mohammed Bin Rashid City
1,730,000 AEDmarket
2,281 AED/ft²
Delivered: Q4 2022
Completed
Meydan Group

Residences 5

Mohammed Bin Rashid City

1 - 3 BedsApartment

Launch price

1,200,000 AED

Payment Plan: 10/40/50
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Buildings
Mohammed Bin Rashid City
Residences 5
Meydan Group

Residences 5

Mohammed Bin Rashid City

1 - 3 BedsApartment

Launch price

1,200,000 AED

Payment Plan: 10/40/50

Residences 5

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 5 offers apartments for sale in Mohammed Bin Rashid City, a completed seven-storey residential building by Meydan Group. Construction commenced in December 2017 and was finalized by November 2022. The building features 80 apartments, including one, two, three, and four-bedroom layouts. Residents have convenient access to major roads like Al Khail Road and Sheikh Mohammed bin Zayed Road. Nearby educational institutions include the Bilingual French International School and Jumeirah English Speaking School. The project is situated near the Crystal Lagoon, with easy reach to The Dubai Mall and Business Bay Metro Station. This freehold property was valued at AED 58,803,000 prior to construction. District One Residences 5 provides a luxurious living experience within a vibrant community.

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Price Analysis for Residences 5

Apartment

1 B/R

42%
59 units
749 – 1,162 ft²
No market history available yet

Starting price

1.20M

1,604 /ft²

Current price

1.73M

2,281 /ft²

Every bedroom
priced differently.

All chartsLaunch curvesLive comparables

Price History for Residences 5

DatePriceTypeBeds
26 Feb 20261,800,000Apartment1 B/R752 ft²—2,394
9 Feb 20261,740,000Apartment1 B/R767 ft²—2,269
6 Feb 20261,550,000Apartment1 B/R758 ft²—2,045
3 Nov 20251,660,000Apartment1 B/R756 ft²—2,196
16 Oct 20251,800,000Apartment1 B/R750 ft²—2,400
12 Mar 20251,700,000Apartment1 B/R758 ft²—2,243
4 Mar 20251,750,000Apartment1 B/R758 ft²—2,309
3 Mar 20251,720,000Apartment1 B/R750 ft²—2,293
21 Feb 20251,720,000Apartment1 B/R756 ft²—2,275
6 Jan 20252,336,100Apartment1 B/R1,163 ft²—2,009
26 Dec 20241,430,000Apartment1 B/R780 ft²—1,833
15 Oct 20241,370,196Apartment1 B/R750 ft²—1,827
3 Oct 20241,630,000Apartment1 B/R756 ft²—2,156
26 Feb 2026
1,800,000
1 B/RApartment

752 ft²

—

2,394

9 Feb 2026
1,740,000
1 B/RApartment

767 ft²

—

2,269

6 Feb 2026
1,550,000
1 B/RApartment

758 ft²

—

2,045

3 Nov 2025
1,660,000
1 B/RApartment

756 ft²

—

2,196

16 Oct 2025
1,800,000
1 B/RApartment

750 ft²

—

2,400

12 Mar 2025
1,700,000
1 B/RApartment

758 ft²

—

2,243

4 Mar 2025
1,750,000
1 B/RApartment

758 ft²

—

2,309

3 Mar 2025
1,720,000
1 B/RApartment

750 ft²

—

2,293

21 Feb 2025
1,720,000
1 B/RApartment

756 ft²

—

2,275

6 Jan 2025
2,336,100
1 B/RApartment

1,163 ft²

—

2,009

26 Dec 2024
1,430,000
1 B/RApartment

780 ft²

—

1,833

15 Oct 2024
1,370,196
1 B/RApartment

750 ft²

—

1,827

3 Oct 2024
1,630,000
1 B/RApartment

756 ft²

—

2,156

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 5

Unit #TypeBedsFromBuilt-upInt. AreaExt. AreaFloor

No units to display

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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 5 is part of a gated community in Mohammed Bin Rashid City, characterized by its proximity to the 8.8-kilometre cycling and jogging track and the Crystal Lagoon. The building offers a low-density living environment with access to extensive green spaces and waterfront views.
The building attracts families and professionals who prioritize a quiet, resort-like atmosphere over the high-density environment of central Dubai. The community's focus on wellness and outdoor recreation makes it particularly suited for those seeking a balance between proximity to city hubs and a serene residential setting.
Residents of Residences 5 have access to a fitness center, outdoor swimming pool, and children's play areas. The broader District One community provides additional facilities including a boardwalk, retail outlets, and the expansive Crystal Lagoon for recreational use.
This development is located within a short drive of the Business Bay Metro Station on the Red Line. While the gated community itself relies primarily on private vehicle access via Al Khail Road, its central position provides efficient road connectivity to major business districts and landmarks.
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Price Trends

For units in Mohammed Bin Rashid City

AED/ft²

Mean 1 B/R value
Residences 5: 2,281

AED/ft²

Mean value
Residences 5:

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
7.0%
100%
Q4 2022
Residences 16
2,121 AED/ft²7.0%
100%
Q4 2022
Meydan Group logo
Residences 13Meydan Group
2,203 AED/ft²
3.4%
100%
Q3 2023
Residences 13
2,203 AED/ft²3.4%
100%
Q3 2023
Meydan Group logo
Residences 14Meydan Group
2,080 AED/ft²
8.8%
100%
Q1 2023
Residences 14
2,080 AED/ft²8.8%
100%
Q1 2023
Meydan Group logo
Residences 6Meydan Group
2,392 AED/ft²
4.9%
100%
Q3 2023
Residences 6
2,392 AED/ft²4.9%
100%
Q3 2023
Meydan Group logo
Lagoon ViewsMeydan Group
1,958 AED/ft²
14.2%
100%
Q1 2025
Lagoon Views
1,958 AED/ft²14.2%
100%
Q1 2025
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.