PropertyIndex

Residences 31

Completed|42 units · 1 building

Residences 31 is a completed development by DUBAI HOLDING (L.L.C) in Mohammed Bin Rashid City, comprising 42 registered units. 31 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,855 per sqft. At AED 1,855 per sqft, Residences 31 prices 6% below the Mohammed Bin Rashid City median of AED 1,974 per sqft on registered sales.

PIX© price · 0.0% YoY
1.75MAED
Typical
1,855AED
PSF
Gross yield
-
PIX© rent ÷ PIX© price
Sale records
31
DLD · all time
Rent contracts
4
Ejari · all time
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 1

2 Bed on Floor 1, Residences 31

Size
Record
Nov 2022 to Feb 2024
Owners
1
Tenants
1
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
1Tenant 126 Feb 202412 mo
Owner 1
1Owner 122 Nov 20223.8 yrs
Current owner
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2 Bed · Floor 1 · Residences 31
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Residences 31

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 - 1,600 sqft
421.75M1,8550.0%--
Residential
1 Bed · Apartment
767 - 1,600 sqft
26-----
2 Bed · Apartment
1,387 - 1,543 sqft
5-----
Commercial
Warehouse
33 - 86 sqft
11-----
Sales - Project-Wide31 DLD records
PIX© price analysis
All time
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
30 Nov 20221 BedResidences 31 · Floor 38321,459,0001,753-Entry LevelOff-Plan Sale
29 Nov 20221 BedResidences 31 · Floor 17881,441,0001,828-StandardOff-Plan Sale
22 Nov 20221 BedResidences 31 · Floor 47671,519,0001,981-PremiumOff-Plan Sale
Rentals - Project-Wide4 Ejari contracts
PIX© rent analysis

We don’t plot a PIX© rent trend for units with less than 12 DLD-registered contracts — this unit type only has 4. Review the official Ejari records below to make your own determination.

Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
26 Feb 20242 BedResidences 31 · Floor 11,387247,962--StandardCONTRACT
24 Dec 20231 BedResidences 31 · Floor G1,479179,508--StandardCONTRACT
20 Nov 20231 BedResidences 31 · Floor G1,600179,508--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 31

Answered from Dubai Land Department registered transactions.

How much does a property in Residences 31 cost?

Property in Residences 31 sells at a current PIX© price of AED 1,855 per sqft, or about AED 1,747,645 for a typical unit, based on 31 sales registered with the Dubai Land Department.

Is Residences 31 completed?

Yes. Residences 31 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Residences 31?

Residences 31 is developed by DUBAI HOLDING (L.L.C), the developer recorded against the project in the Dubai Land Department register.

How many units are in Residences 31?

Residences 31 holds 42 registered units, per the Dubai Land Department unit register.

Have prices in Residences 31 gone up or down?

Price per sqft has held flat over the last 12 months at AED 1,855, across 31 registered sales.