Ask ChatGPT
Ask ClaudeThe Residences 1 is a development in Downtown Dubai, comprising 112 registered units. 225 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,687 per sqft. At AED 2,687 per sqft, The Residences 1 prices 8% below the Downtown Dubai median of AED 2,916 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
1 Bed on Floor 15, The Residences 1
- Size
- Record
- May 2010 to Oct 2025
- Owners
- 6
- Tenants
- 3
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 6Owner 6 | 30 Oct 2025 | 12 mo | Current owner Sold with tenant in place | |||
| 3Tenant 3 | 1 Jun 2025 | 12 mo | Renewal Owner 5 | |||
| 3Tenant 3 | 1 Jun 2024 | 12 mo | Owner 5 | |||
| 5Owner 5 | 29 Sep 2015 | 10.1 yrs | Sold with tenant in place | |||
| 2Tenant 2 | 5 Aug 2014 | 7.1 yrs | Owner 4 | |||
| 4Owner 4 | 21 Apr 2014 | 17 mo | Sold with tenant in place | |||
| 1Tenant 1 | 5 Aug 2013 | 12 mo | Owner 3 | |||
| 3Owner 3 | 27 May 2010 | 3.9 yrs | ||||
| 2Owner 2 | 16 May 2010 | 11 d | ||||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 889 - 5,918 sqft | 112 | 3.49M | 2,687 | ↑1.7% | 177K | 5.1% | |
Studio · Apartment 889 - 958 sqft | 3 | - | - | ||||
1 Bed · Apartment 948 - 1,023 sqft | 64 | ||||||
2 Bed · Apartment 1,435 - 1,478 sqft | 43 | ||||||
5 Bed · Apartment 4,523 - 5,918 sqft | 2 | - | - | - |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 12 Oct 2026 | 1 Bed | The Residences 1 · Floor 7 | 1,023 | 2,430,000 | 2,375 | -2.8% | Entry Level | Standard Sale | |
| 10 Sep 2026 | 2 Bed | The Residences 1 · Floor 21 | 1,435 | 4,500,000 | 3,136 | +107.6% | Standard | Standard Sale | |
| 31 Aug 2026 | 1 Bed | The Residences 1 · Floor 23 | 986 | 2,300,000 | 2,333 | +12.2% | Entry Level | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 5 Nov 2026 | 1 Bed | The Residences 1 · Floor 18 | 948 | 120,000 | 127 | - | Standard | CERTIFICATE | |
| 1 Nov 2026 | 1 Bed | The Residences 1 · Floor 8 | 1,023 | 112,000 | 109 | - | Entry Level | CONTRACT | |
| 25 Oct 2026 | Studio | The Residences 1 · Floor 2 | 958 | 135,000 | 141 | - | Standard | CERTIFICATE |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Downtown Dubai
The closest-priced registered projects in Downtown Dubai.
- ForteAED 2,779/sqft
- W Residences DowntownAED 2,783/sqft
- Act TwoAED 2,792/sqft
- Elegance TowerAED 2,574/sqft
- Forte 1AED 2,815/sqft
- Act One Act Two TowersAED 2,859/sqft
Common questions about The Residences 1
Answered from Dubai Land Department registered transactions.
How much does a property in The Residences 1 cost?
Property in The Residences 1 sells at a current PIX© price of AED 2,687 per sqft, or about AED 3,488,914 for a typical unit, based on 225 sales registered with the Dubai Land Department.
What is the rental yield in The Residences 1?
The Residences 1 yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 781 registered Ejari contracts.
How many units are in The Residences 1?
The Residences 1 holds 112 registered units, per the Dubai Land Department unit register.
Have prices in The Residences 1 gone up or down?
Price per sqft has risen +1.7% over the last 12 months, to AED 2,687, across 225 registered sales.