PropertyIndex

Residences 23

Completed|53 units · 1 building

Residences 23 is a completed development by DUBAI HOLDING (L.L.C) in Mohammed Bin Rashid City, comprising 53 registered units. 53 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,268 per sqft. At AED 2,268 per sqft, Residences 23 prices 14% above the Mohammed Bin Rashid City median of AED 1,995 per sqft on registered sales.

PIX© price · 8.8% YoY
1.97MAED
Typical
2,268AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
53
DLD · all time
Rent contracts
33
Ejari · all time
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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 2

2 Bed on Floor 2, Residences 23

Size
Record
Dec 2021 to Apr 2026
Owners
3
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 118 Apr 2026
Renewal
Owner 3
1Tenant 118 Apr 202512 mo
Owner 3
3Owner 317 Apr 20242.4 yrs
Current owner
2Owner 214 Nov 20235 mo
1Owner 123 Dec 202123 mo
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2 Bed · Floor 2 · Residences 23
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Residences 23

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
33 - 1,605 sqft
531.97M2,2688.8%101K5.1%
Residential
1 Bed · Apartment
767 - 1,605 sqft
26
2 Bed · Apartment
1,380 - 1,543 sqft
5---
Commercial
Warehouse
33 - 86 sqft
22-----
Sales - Project-Wide53 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
6 Apr 20262 BedResidences 23 · Floor 11,3873,270,0002,357+4.6%StandardStandard Sale
25 Feb 20261 BedResidences 23 · Floor 37671,730,0002,256+21.5%StandardStandard Sale
12 Dec 20251 BedResidences 23 · Floor 37881,600,0002,029+15.2%Entry LevelStandard Sale
Rentals - Project-Wide33 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20261 BedResidences 23 · Floor G1,48490,00061-Entry LevelCERTIFICATE
15 Jun 20261 BedResidences 23 · Floor 478875,00095-Entry LevelCERTIFICATE
18 Apr 20262 BedResidences 23 · Floor 21,387230,000--StandardCONTRACT

Comparables

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

Comparable projects in Mohammed Bin Rashid City

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

Common questions about Residences 23

Answered from Dubai Land Department registered transactions.

How much does a property in Residences 23 cost?

Property in Residences 23 sells at a current PIX© price of AED 2,268 per sqft, or about AED 1,972,973 for a typical unit, based on 53 sales registered with the Dubai Land Department.

Is Residences 23 completed?

Yes. Residences 23 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Residences 23?

Residences 23 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 23?

Residences 23 yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 33 registered Ejari contracts.

How many units are in Residences 23?

Residences 23 holds 53 registered units, per the Dubai Land Department unit register.

Have prices in Residences 23 gone up or down?

Price per sqft has risen +8.8% over the last 12 months, to AED 2,268, across 53 registered sales.