Residences 1

Completed|55 units · 1 building

Residences 1 is a completed development by DUBAI HOLDING (L.L.C) in Mohammed Bin Rashid City, comprising 55 registered units. 75 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,799 per sqft. At AED 1,799 per sqft, Residences 1 prices 9% below the Mohammed Bin Rashid City median of AED 1,975 per sqft on registered sales.

PIX© price · ↓12.7% YoY

1.78MAED

Typical

1,799AED

PSF

Gross yield

6.5%

PIX© rent ÷ PIX© price

Sale records

DLD · all time

Rent contracts

Ejari · all time

SATELLITE

LocationMohammed Bin Rashid City

Drive times · typical

Downtown Dubai14 min · 8.2 km

DXB Airport20 min · 21.1 km

DIFC19 min · 12.2 km

Dubai Marina26 min · 23.7 km

Palm Jumeirah26 min · 26.0 km

Nearest · straight-line

Metro stationBusiness Bay4.3 km

MallAl meydan mall1 km

SchoolAwaken Wellness Wisdom School1.3 km

HospitalMaison Abelane Polyclinic1.4 km

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Exclusive to PropertyIndex©

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.

Floor

Units on floor 3

…

1 Bed on Floor 3, Residences 1

Size
Record: Nov 2018 to Aug 2026
Owners: 3
Tenants: 3
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
3Tenant 3	1 Aug 2026		Owner 3
2Tenant 2	1 Aug 2025	12 mo	Renewal · Ended early Owner 3
2Tenant 2	1 Aug 2024	12 mo	Renewal Owner 3
2Tenant 2	1 Aug 2023	12 mo	Owner 3
1Tenant 1	11 Apr 2023	4 mo	Ended early Owner 3
3Owner 3	23 Feb 2023	3.6 yrs	Current owner
2Owner 2	9 Feb 2023	14 d
1Owner 1	27 Nov 2018	4.2 yrs

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1 Bed · Floor 3 · Residences 1

Nightly rateAED

Occupancy (237 nights)

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Residences 11,799AED/sqft · project-wide

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 31 - 1,528 sqft	55	1.78M	1,799	↓12.7%		116K	6.5%
Residential
1 Bed · Apartment 767 - 924 sqft	26
2 Bed · Apartment 1,373 - 1,528 sqft	5			-		-	-
Commercial
Warehouse 31 - 86 sqft	24	-	-	-	-	-	-

Sales - Project-Wide75 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
22 Sep 2025	1 Bed	Residences 1 · Floor G	885	1,500,000	1,695	+14.2%	Standard	Standard Sale
15 May 2025	1 Bed	Residences 1 · Floor G	924	2,150,000	2,327	+5.8%	Standard	Standard Sale
6 Feb 2025	2 Bed	Residences 1 · Floor 3	1,373	3,215,000	2,342	+5.7%	Standard	Standard Sale

Rentals - Project-Wide67 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
6 Sep 2027	1 Bed	Residences 1 · Floor 2	781	109,699	140	-	Standard	CONTRACT
17 Sep 2026	1 Bed	Residences 1 · Floor 4	781	75,000	96	-	Entry Level	CONTRACT
7 Sep 2026	1 Bed	Residences 1 · Floor 1	767	90,000	117	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare

This project

Residences 1

Compared with

MAG 980

PIX© PSF

1,800

Rank

#45 of 57

#44 of 57

Typical price

1.72M

Yield

7.3%

Units

120

Sales

Rents

175

Developer

DUBAI HOLDING (L.L.C)

MAG EYE REAL ESTATE DEVELOPMENT - FZ

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	MAG 960 MAG EYE REAL ESTATE DEVELOPMENT - FZ · Completed	88					23	119
	Sobha Hartland Greens 5 SOBHA REALTY · Completed	206					71	427
	Residences 26 DUBAI HOLDING (L.L.C) · Completed	53					33	77
	Residences 22 DUBAI HOLDING (L.L.C) · Completed	53					13	62
	MAG 980 MAG EYE REAL ESTATE DEVELOPMENT - FZ · Completed	120					32	175
45	Residences 1 DUBAI HOLDING (L.L.C) · Completed	55	1,800	Subject	1.72M	7.3%	37	67
	Residences 28 DUBAI HOLDING (L.L.C) · Completed	53					14	31
	Hartland Greens SOBHA REALTY · Completed	1,047					411	2,332
	Sobha Hartland Greens 1 SOBHA REALTY · Completed	90					31	208
	MAG 890 MAG EYE REAL ESTATE DEVELOPMENT - FZ · Completed	129					29	182
	Sobha Hartland Greens 2 SOBHA REALTY · Completed	443					161	957

Community median 1,975 AED/sqft. Showing the closest-ranked peers of 57 ranked projects in the community. 16 community projects excluded for insufficient recorded sales. 55 excluded for trading only in the off-plan market. 3 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Mohammed Bin Rashid City

The closest-priced registered projects in Mohammed Bin Rashid City.

Residences 22AED 1,809/sqft
MAG 980AED 1,809/sqft
Residences 28AED 1,788/sqft
Residences 26AED 1,816/sqft
Sobha Hartland Greens 5AED 1,821/sqft
MAG 960AED 1,838/sqft

Common questions about Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Residences 1 cost?

Property in Residences 1 sells at a current PIX© price of AED 1,799 per sqft, or about AED 1,776,677 for a typical unit, based on 75 sales registered with the Dubai Land Department.

Is Residences 1 completed?

Yes. Residences 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Residences 1?

Residences 1 is developed by DUBAI HOLDING (L.L.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Residences 1?

Residences 1 yields 6.5% gross, calculated from current PIX© rent against current PIX© sale price, across 67 registered Ejari contracts.

How many units are in Residences 1?

Residences 1 holds 55 registered units, per the Dubai Land Department unit register.

Have prices in Residences 1 gone up or down?

Price per sqft has fallen -12.7% over the last 12 months, to AED 1,799, across 75 registered sales.