The Residences 1Completed 2007AED 2,688 per sq ft no change in a year resale, 8 sales
Sales alert
Home › Downtown Dubai › Residential towers › The Residences › The Residences 1
Map: Google Maps
Upper mid-range canal-front residential tower built by Emaar Properties, handed over in 2007, with 76 resales since 2020

The Residences 1, Downtown Dubai · by Emaar Properties

1, The Residences: an apartment sold for about AED 2,628 per sq ft in 2025

Median of 13 apartment sales in 2025, median price AED 3,575,000. Source: Dubai Land Department register, to 12 Feb 2026. 8 market sales in the 12 months to 24 Oct 2026; 76 sales on record since 2020. That is too few for a home price.

The market says
8 resales of all sizes in 12 months at AED 2,688 per sq ft (no change in a year); a higher price than 57% of Downtown Dubai towers; owners who sold gained 17.3% a year and 0% sold at a loss; 3 homes for sale now.
James Paul Booth
The agent's view
“Owners who sold in The Residences 1 made 17.3% a year, and none of the 7 on record sold at a loss. For me that is a strong record for Downtown Dubai. Pay for the right view and layout.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page

James is the human, licensed broker. Dalia, in the yellow bar, is the AI analyst.

Renting, or buying to let? Signed rents across the area: rent prices on RENT DUBAI →
Asking now, 2-bed
AED 5,500,000 (3 listings)
Signed rent, 1-bed
AED 115,000 a year (community median, 2,444 signed Ejari leases, 12 months)
Asking rent, 1-bed
AED 129,000 a year (7 listings)
Official record
389 registered sales since 2008: 389 apartment
Service charge
AED 16.06 per sq ft a year
62 units with a sale on record since 2020.
0sales in the last 30 days: 0 resale, 0 off-plan
3for sale now
4 monthsTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 24 Oct 2026. Built 27 Oct 2026.

Other towers in The Residences

The Residences 1 is in The Residences, Downtown Dubai. Sold prices and sales for the other towers with a page:

From the developer: Emaar Properties

What Emaar Properties publishes about The Residences 1. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Checked, not found: artist's impressions, floor plans, a video, a brochure or other PDF, facts we could check. We searched the developer site and the web on 14 Oct 2026. Ask Emaar Properties for the latest brochure and floor plans.

Street view of The Residences 1

The street outside, live from Google, about 33 m from the building. Drag to look around.

Imagery: Google Street View · Open in Google Maps

The Residences 1 on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 24 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldMedian askingRent a year
1-bedunder 5 (3)– (0)AED 129,000 (7)
2-bedunder 5 (3)AED 5,500,000 (3)– (0)
3-bedunder 5 (2)– (0)AED 322,500 (4)

Rents in this table are asking rents (adverts). The yield in the headline is the signed Ejari rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (1 of 76 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (1). They stay in the list below with a label.

Resale price per sq ft did not change in a year

Median AED 2,688 per sq ft in the last 12 months (8 resale sales, all sizes) against AED 2,677 in the 12 months before (13 resale sales, all sizes).

2022-Q4: AED 2,192 per sq ft, 2 sales2,19222 Q42023-Q1: AED 1,553 per sq ft, 5 sales1,55323 Q12023-Q2: AED 2,186 per sq ft, 5 sales2,18623 Q22023-Q3: AED 1,692 per sq ft, 2 sales1,69223 Q32023-Q4: AED 2,388 per sq ft, 2 sales2,38823 Q42024-Q1: AED 2,295 per sq ft, 5 sales2,29524 Q12024-Q2: AED 2,118 per sq ft, 8 sales2,11824 Q22024-Q3: AED 2,410 per sq ft, 3 sales2,41024 Q32024-Q4: AED 2,811 per sq ft, 2 sales2,81124 Q42025-Q1: AED 3,091 per sq ft, 4 sales3,09125 Q12025-Q2: AED 2,412 per sq ft, 2 sales2,41225 Q22025-Q3: AED 2,841 per sq ft, 5 sales2,84125 Q32025-Q4: AED 2,199 per sq ft, 1 sale2,19925 Q42026-Q1: AED 2,688 per sq ft, 6 sales2,68826 Q126 Q22026-Q3: AED 3,386 per sq ft, 1 sale3,38626 Q32 sales25 sales55 sales52 sales22 sales25 sales58 sales83 sales32 sales24 sales42 sales25 sales51 sales16 sales60 sales01 sales1Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.

Every sale since 2020: 76 sales of 62 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
29023-bed2,082AED 7,050,0003,38617 Sep 2026Resale
21051-bed1,046AED 2,850,0002,72510 Feb 2026Resale+25% from AED 2.27m in 2025
4032-bed1,629AED 5,200,0003,1929 Feb 2026Resale
10012-bed1,452AED 3,850,0002,6514 Feb 2026Resale
9012-bed1,452AED 3,800,0002,61730 Jan 2026Resale+6% from AED 3.58m in 2025
24023-bed2,082AED 7,100,0003,41028 Jan 2026Resale
34041-bed915AED 2,300,0002,51412 Jan 2026Resale+35% from AED 1.70m in 2024
28051-bed1,046AED 2,300,0002,1997 Nov 2025Resale+25% from AED 1.84m in 2023
38015-bed7,059AED 20,750,0002,94015 Sep 2025Resale
36023-bed2,082AED 7,300,0003,50615 Sep 2025Resale
33041-bed915AED 2,600,0002,8414 Sep 2025Resale
21051-bed1,046AED 2,275,0002,17525 Aug 2025Resale
5041-bed915AED 2,450,0002,67728 Jul 2025Resale
8032-bed1,629AED 3,765,0372,3113 Jun 2025Resale+134% from AED 1.61m in 2024
18012-bed1,452AED 3,650,0002,51417 Apr 2025Resale
35041-bed915AED 2,360,0002,57928 Feb 2025Resale
22032-bed1,629AED 6,000,0003,68320 Feb 2025Resale
21023-bed2,082AED 7,500,0003,60213 Feb 2025Resale
9012-bed1,452AED 3,575,0002,4623 Feb 2025Resale
8041-bed915AED 2,200,0002,40413 Nov 2024Resale
26023-bed2,082AED 6,700,0003,21811 Nov 2024Resale
5012-bed1,452AED 3,500,0002,41028 Aug 2024Resale
9032-bed1,629AED 6,000,0003,68313 Aug 2024Resale+45% from AED 4.15m in 2023
35051-bed1,046AED 1,780,0001,7021 Aug 2024Resale
1023-bed2,082AED 5,500,0002,64214 Jun 2024Resale
23051-bed1,046AED 1,900,0001,81613 Jun 2024Resale
17012-bed1,452AED 3,350,0002,30716 May 2024Resale
1011-bed1,121AED 2,200,0001,96314 May 2024Resale+14% from AED 1.93m in 2023
8032-bed1,629AED 1,612,44999029 Apr 2024Resale
G011-bed1,190AED 1,900,0001,59722 Apr 2024Resale
29012-bed1,452AED 3,300,0002,2732 Apr 2024Resale
4041-bed915AED 2,275,0002,4862 Apr 2024Resale
9051-bed1,046AED 1,800,0001,72125 Mar 2024Resale
34041-bed915AED 1,700,0001,85822 Feb 2024Resale+13% from AED 1.51m in 2021
16041-bed915AED 2,100,0002,29519 Feb 2024Resale+37% from AED 1.53m in 2022
G031-bed1,375AED 4,000,0002,90913 Feb 2024Resale+100% from AED 2.00m in 2023
14032-bed1,629AED 5,200,0003,19219 Jan 2024Resale+53% from AED 3.40m in 2021
17051-bed1,046AED 1,850,0001,76914 Dec 2023Resale
26032-bed1,629AED 4,900,0003,00830 Oct 2023Resale
28051-bed1,046AED 1,840,0001,75928 Jul 2023Resale+13% from AED 1.62m in 2023
4051-bed1,046AED 1,700,0001,6256 Jul 2023Resale
1011-bed1,121AED 1,925,0001,71723 Jun 2023Resale
9032-bed1,629AED 4,150,0002,54821 Jun 2023Resale
24041-bed915AED 2,000,0002,18630 May 2023Resale
36041-bed915AED 1,750,0001,91218 Apr 2023Resale
33012-bed1,452AED 3,250,0002,2386 Apr 2023Resale
30041-bed915AED 2,100,0002,29515 Mar 2023Resale
G031-bed1,375AED 2,000,0001,45527 Feb 2023Resale+35% from AED 1.48m in 2022
28051-bed1,046AED 1,625,0001,55320 Feb 2023Resale
8012-bed1,452AED 3,000,0002,06617 Jan 2023Resale
8051-bed1,046AED 1,500,0001,4342 Jan 2023Resale
25023-bed2,082AED 6,100,0002,93025 Nov 2022Resale
11051-bed1,046AED 1,520,0001,45310 Nov 2022Resale
25032-bed1,629AED 4,050,0002,4868 Sep 2022Resale+7% from AED 3.80m in 2021
4012-bed1,452AED 2,450,0001,68718 Aug 2022Resale
G031-bed1,375AED 1,484,8881,08012 Aug 2022Resale
19041-bed915AED 1,250,0001,3662 Mar 2022Resale
16041-bed915AED 1,530,0001,67224 Feb 2022Resale
30023-bed2,082AED 5,500,0002,64211 Feb 2022Resale
37023-bed3,546AED 8,400,0002,3696 Dec 2021Resale size does not fit the recorded type
25032-bed1,629AED 3,800,0002,33326 Sep 2021Resale
6041-bed915AED 1,500,0001,63919 Sep 2021Resale
14051-bed1,046AED 1,400,0001,33831 Aug 2021Resale
16032-bed1,629AED 4,250,0002,60929 Jul 2021Resale
34041-bed915AED 1,510,0001,65029 Jul 2021Resale
14032-bed1,629AED 3,400,0002,08710 May 2021Resale
13051-bed1,046AED 1,285,0001,2281 Apr 2021Resale
7032-bed1,629AED 3,400,0002,0877 Mar 2021Resale
26051-bed1,046AED 1,224,8001,1713 Feb 2021Resale
15041-bed915AED 1,250,0001,36620 Dec 2020Resale
22023-bed2,082AED 5,000,0002,40221 Oct 2020Resale
10023-bed2,082AED 4,100,0001,96929 Sep 2020Resale
12041-bed915AED 1,180,0001,2905 Aug 2020Resale
32012-bed1,452AED 2,050,0001,41215 Jul 2020Resale
21041-bed915AED 1,225,0001,3396 May 2020Resale
9023-bed2,082AED 3,500,0001,68128 Jan 2020Resale

3 homes for sale: asking prices and days listed

3 homes are for sale in The Residences 1. The median advert has been listed for 0 days; the oldest for 5 days.

TypeFor saleMedian askingAsking per sq ftSold per sq ft (sales)Asking over soldMedian time listed
2-bed3AED 5,500,0003,788too few sales–0 days

How long the adverts have been listed

30 days or less3
31 to 90 days0
91 to 180 days0
More than 180 days0

Each home for sale, closest to sold prices first

TypeSq ftAskingPer sq ftDays listed
2-bed1,452AED 4,350,0002,9960
2-bed1,452AED 5,500,0003,7885
2-bed1,452AED 5,500,0003,7880

Adverts: one reading on 7 Oct 2026. Sold prices: resale sales in this tower in the last 12 months, 5 or more of the type. An advert has no unit number, so we compare the price per sq ft with the type, not with the same unit. An asking price is not a sale price. Days listed is from the date on the advert: an agent can place a home again as a new advert, so the real time for sale can be longer. 1 adverts have the same type, size and price as another advert: they are probably the same home with a second agent. We cannot show price cuts over time or the time to sell yet: these need more than one reading.

The official record: 389 registered sales since 2008

Dubai Land Department register for "Residences_W3", 5 May 2008 to 12 Feb 2026: 389 apartment sales, plus 184 mortgages and 42 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
202672,725
2025132,628
2024182,301
2023141,841
2022101,596
2021111,650
202071,412
201931,147
201831,291
201752,186
201672,104
2015172,008
2014312,404
2013351,093
2012411,338
2011401,099
2010431,044
2009471,060
2008371,000

Median AED per sq ft is shown for 3 or more sales in a year. 0 of these sales were off-plan and 389 were of completed units. What our unit list above does not have: sales before 2020; mortgages and gifts. For homes from 2020 to 12 Feb 2026 the register has 80 sales and our unit list has 75.

Get a message when something changes in The Residences 1
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from The Residences 1, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthDIFC 2.1 km
North-eastBurj Khalifa 0.4 km
EastDubai Design District 2.7 km · Dubai Creek and Ras Al Khor 6.3 km
South-eastThe Residences 3, a tower 90 m away · The Residences 9, a tower 133 m away · The Residences 4, a tower 146 m away · Meydan racecourse 5.0 km
SouthThe Residences West Podium, a tower 51 m away · The Residences 2, a tower 65 m away · Ramada Downtown Hotel, a tower 67 m away
South-westAct Two, a tower 132 m away · Burj Al Arab and the sea 10.6 km · Dubai Marina skyline 18.4 km
WestSheikh Zayed Road 0.9 km · Jumeirah beach and the sea 3.6 km

The building: 12 of 23 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Developer
Emaar Properties
Completed
2007
Parking levels
4
Service charge
AED 16.06 per sq ft a year
Unit mix
1-, 2-, and 3-bedroom apartments

Sources for figures not in the developer fact file:

  • Completed: Completion year from propsearch.ae, read 14 Oct 2026: https://propsearch.ae/dubai/the-residences

Amenities: Swimming pool, Gym, Sauna, Steam room, Jacuzzi, Squash court, Kids' play area, Community lawn, Conference room

Where sources disagree

No conflict found between sources.

Building

Floors, apartments and completion year
The building offers 1-, 2-, and 3-bedroom apartments.
Reported by a site · Google Maps reviews
Amenities list
Amenities include a pool, gym, sauna, steam room, jacuzzi, squash court, kids' play area, community lawn, and a conference room.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).
What do residents say on the plus side?
Residents have praised the high-quality construction, excellent maintenance, premium location, and great views of the Burj Khalifa and fountain.
Residents say · Google Maps reviews, Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts").
Can you use the balcony?
Upper-floor 3-bedroom units feature living areas that open onto balconies.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Watch-outs

Small apartments
1-bedroom units are approximately 915 sq ft and include a balcony and powder room; no studios are listed.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).
Overall rating
The building has an overall rating of 3.7 from 3 reviews.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).
Security staff
Security staff use CCTV to monitor the building.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Developer

Who is the developer?
The developer is Emaar Properties.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Parking

Resident parking
Parking is allocated to each apartment based on its size across four levels.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

People

Are there Airbnb or holiday lets?
Short-stay holiday rentals operate in the tower.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Around

Entertainment within a 15-minute walk
In the community, residents have access to the Dubai Mall, Dubai Fountain, and Dubai Opera.
Reported by a site · live adverts: community guide
Metro and public transport
In the community, the Burj Khalifa/Dubai Mall and Business Bay metro stations are approximately 6 minutes away by car, and bus stops are about 5 minutes away.
Reported by a site · Resident and public material found on the open web (one passage per block; source and date under each).

Management

Around The Residences 1

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
The Residences 1 (this tower)–2,688 (8)
The Residences West Podium51 m– (2)
The Residences 265 m– (2)
The Residences 390 m2,444 (11)
Act Two132 m2,991 (24)
The Residences 4146 m– (3)
Grande166 m3,643 (50)
Opera Grand168 m2,945 (24)
29 Burj Boulevard Tower 1178 m2,374 (29)

Drive times with no traffic

ToTimeDistance
Dubai Mall5 min2.1 km
DIFC Gate6 min3.4 km
DXB Terminal 332 min21.1 km
Dubai Marina Mall24 min21.3 km
Mall of the Emirates17 min15.0 km
Kite Beach15 min11.1 km
DWC airport50 min47.0 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 28 Jan 2020 to 24 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., Resident and public material found on the open web (one passage per block; source and date under each)., live adverts: community guide), read by an AI model on 27 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a Google Maps place, resident reviews, guides, a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 27 Oct 2026 first build of this page. No correction yet.

DaliaAIAsk DaliaAI analyst

Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.