Residences 28Completed 2023AED 1,913 per sq ft register, 2024
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Home › Mohammed Bin Rashid City › Residential towers › District One › Residences 28
Map: Google Maps
Residential tower built by District One - FZ (Meydan), handed over in 2023, with 25 resales and 44 off-plan sales since 2022

Residences 28, Mohammed Bin Rashid City · by District One - FZ (Meydan)

An apartment in Residences 28 sold for about AED 1,913 per sq ft in 2024

Median of 12 apartment sales in 2024, median price AED 1,568,788. Source: Dubai Land Department register, to 12 Feb 2026. 3 market sales in the 12 months to 23 Oct 2026; 69 sales on record since 2022. That is too few for a home price.

The market says
67 registered sales since 2022 at AED 1,913 per sq ft (2024); owners who sold gained 4.3% a year and 22% sold at a loss; 2 homes for sale now.
James Paul Booth
The agent's view
“Owners who sold in Residences 28 made 4.3% a year, and 22% of them sold at a loss. That record is weak. I would only buy below the last sold price for the same 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.

Official record
67 registered sales since 2022: 67 apartment
31 units with a sale on record since 2022.
0sales in the last 30 days: 0 resale, 0 off-plan
2for sale now
8 monthsTime to sell: the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 23 Oct 2026. Built 27 Oct 2026.

Residences 28 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.

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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 23 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: soldResale: per sq ftMedian askingAsking over resale
1-bedunder 5 (3)–– (2)–

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (2 of 69 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 (2). They stay in the list below with a label.

Too few resale sales to state a yearly change

3 resale sales in the last 12 months and 5 in the 12 months before. Each period needs at least 5.

2023-Q3: AED 2,081 per sq ft, 2 sales2,08123 Q32023-Q4: AED 2,032 per sq ft, 4 sales2,03223 Q42024-Q1: AED 1,913 per sq ft, 6 sales1,91324 Q12024-Q2: AED 1,938 per sq ft, 4 sales1,93824 Q224 Q32024-Q4: AED 1,987 per sq ft, 2 sales1,98724 Q42025-Q1: AED 1,932 per sq ft, 2 sales1,93225 Q12025-Q2: AED 1,966 per sq ft, 1 sale1,96625 Q22025-Q3: AED 2,380 per sq ft, 1 sale2,38025 Q325 Q42026-Q1: AED 2,048 per sq ft, 1 sale2,04826 Q126 Q22026-Q3: AED 1,783 per sq ft, 2 sales1,78326 Q32 sales24 sales46 sales64 sales40 sales02 sales22 sales21 sales11 sales10 sales01 sales10 sales02 sales2Median 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. Off-plan sales are 64% of all sales in this tower, so the early quarters show launch prices.

What owners made: +4.3% a year, 22% sold at a loss

23 owners bought a home in Residences 28 and sold it again as a completed home 6 months or more later. Half of them held it for 1.6 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

+4.3%median gain a year. apartments in Dubai +10.9%
22%sold at or below the price paid. apartments in Dubai 12%
8.1points a year below homes in Dubai that were resold over the same months

By what the owner paid

Price paidGain a yearSold at a lossOwners
Cheapest third+11.6%0%6
Middle third+4.2%12%8
Dearest third+5.5%17%6

Each owner is ranked by the price per sq ft paid, against the same unit type in the tower in the year of purchase. Across Dubai apartments the cheapest third gained +16.0% a year and the dearest third +7.9%.

By unit type, and bought off-plan or completed

Unit typeGain a yearSold at a lossOwners
1-bed+4.6%14%21
Bought asGain a yearSold at a lossOwners
Off-plan+5.4%11%19

Round trips: the same unit number sold twice, bulk transfers and same-price transfers out, 5 or more owners for each line. Only owners who sold are counted: an owner who waits for a better price is not here. An owner who bought off-plan paid in stages, so the gain on the cash paid in is higher than the gain on the price. Dubai figures: 55,901 round trips by the same rule, all areas, to 23 Oct 2026.

Every sale since 2022: 69 sales of 31 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
1021-bed788AED 1,300,0001,6495 Aug 2026Resale-16% from AED 1.55m in 2025
2051-bed767AED 1,470,0001,9174 Jul 2026Resale-13% from AED 1.69m in 2023
2061-bed788AED 1,615,0002,0486 Feb 2026Resale+20% from AED 1.35m in 2025
3051-bed767AED 1,825,0002,38031 Jul 2025Resale+4% from AED 1.76m in 2023
1021-bed788AED 1,550,0001,96616 Jun 2025Resale+3% from AED 1.51m in 2024
2061-bed788AED 1,350,0001,71225 Mar 2025Resale-10% from AED 1.51m in 2024
1051-bed767AED 1,650,0002,15227 Jan 2025Resale+11% from AED 1.48m in 2022
4042-bed1,380AED 2,500,0001,81225 Dec 2024Resale-21% from AED 3.17m in 2023
1042-bed1,387AED 3,000,0002,16315 Oct 2024Resale-5% from AED 3.16m in 2023
2021-bed788AED 1,568,7881,99016 May 2024Resale+11% from AED 1.41m in 2022
1011-bed832AED 1,530,0001,8386 May 2024Resale+8% from AED 1.41m in 2022
3011-bed832AED 1,570,0001,8866 May 2024Resale+10% from AED 1.43m in 2022
4071-bed832AED 1,840,0002,2102 Apr 2024Resale+9% from AED 1.69m in 2023
1061-bed788AED 1,508,4501,91319 Mar 2024Resale+7% from AED 1.41m in 2022
1021-bed788AED 1,508,4501,91315 Mar 2024Resale+7% from AED 1.41m in 2022
4021-bed788AED 1,572,5171,99414 Mar 2024Resale+11% from AED 1.42m in 2022
3061-bed788AED 1,568,7881,99013 Mar 2024Resale+11% from AED 1.41m in 2022
2061-bed788AED 1,508,4501,91320 Feb 2024Resale+7% from AED 1.41m in 2022
3021-bed788AED 1,508,4501,91314 Feb 2024Resale+7% from AED 1.41m in 2022
4071-bed832AED 1,691,5252,03228 Dec 2023Resale+18% from AED 1.43m in 2022
2011-bed832AED 1,691,5442,03215 Dec 2023Resale+18% from AED 1.43m in 2022
1071-bed832AED 1,640,7981,97113 Nov 2023Resale+15% from AED 1.43m in 2022
4061-bed788AED 1,674,3292,1245 Oct 2023Resale+18% from AED 1.42m in 2022
2051-bed767AED 1,685,0002,19728 Sep 2023Resale+14% from AED 1.48m in 2022
2071-bed832AED 1,635,0001,96418 Sep 2023Resale+14% from AED 1.43m in 2022
2042-bed1,387AED 3,160,6682,2788 May 2023Off-plan, sold again+18% from AED 2.67m in 2022
3051-bed767AED 1,755,7402,29014 Apr 2023Off-plan, sold again+18% from AED 1.48m in 2022
4042-bed1,380AED 3,167,6852,2963 Apr 2023Off-plan, sold again+18% from AED 2.68m in 2022
3042-bed1,387AED 3,160,6692,2783 Apr 2023Off-plan, sold again+18% from AED 2.67m in 2022
1042-bed1,387AED 3,160,6692,2783 Apr 2023Off-plan, sold again+18% from AED 2.67m in 2022
3071-bed832AED 1,691,5432,03223 Feb 2023Off-plan, sold again+18% from AED 1.43m in 2022
3031-bed767AED 1,761,3972,29619 Dec 2022Off-plan, sold again+18% from AED 1.49m in 2022
1031-bed767AED 1,761,3972,2968 Dec 2022Off-plan, sold again+18% from AED 1.49m in 2022
4011-bed832AED 1,695,7642,0378 Dec 2022Off-plan, sold again+18% from AED 1.43m in 2022
2031-bed767AED 1,761,3972,2968 Dec 2022Off-plan, sold again+18% from AED 1.49m in 2022
4051-bed767AED 1,759,6352,29524 Nov 2022Off-plan, sold again+18% from AED 1.49m in 2022
G022-bed1,543AED 3,516,0822,27924 Nov 2022Off-plan, sold again+18% from AED 2.97m in 2022
4031-bed767AED 1,765,3042,30114 Nov 2022Off-plan, sold again+18% from AED 1.49m in 2022
3042-bed1,387AED 2,673,7121,9272 Aug 2022Off-plan
4051-bed767AED 1,487,3051,94028 Jul 2022Off-plan
1011-bed832AED 1,411,7051,69622 Jul 2022Off-plan
2011-bed832AED 1,429,6451,71821 Jul 2022Off-plan
4071-bed832AED 1,433,2201,72221 Jul 2022Off-plan
G031-bed1,476AED 2,313,4951,56721 Jul 2022Off-plan size does not fit the recorded type
3011-bed832AED 1,429,6451,71821 Jul 2022Off-plan
4011-bed832AED 1,433,2201,72221 Jul 2022Off-plan
1061-bed788AED 1,411,7051,79021 Jul 2022Off-plan
2071-bed832AED 1,429,6451,71721 Jul 2022Off-plan
3051-bed767AED 1,484,0071,93521 Jul 2022Off-plan
1042-bed1,387AED 2,673,7121,92721 Jul 2022Off-plan
2031-bed767AED 1,488,7971,94021 Jul 2022Off-plan
1051-bed767AED 1,484,0081,93521 Jul 2022Off-plan
3071-bed832AED 1,429,6451,71721 Jul 2022Off-plan
1031-bed767AED 1,488,7971,94021 Jul 2022Off-plan
G011-bed1,599AED 2,443,9351,52921 Jul 2022Off-plan size does not fit the recorded type
2051-bed767AED 1,484,0071,93521 Jul 2022Off-plan
1071-bed832AED 1,429,6451,71721 Jul 2022Off-plan
4061-bed788AED 1,415,0671,79521 Jul 2022Off-plan
2021-bed788AED 1,411,7051,79021 Jul 2022Off-plan
G022-bed1,543AED 2,974,6791,92821 Jul 2022Off-plan
3031-bed767AED 1,488,7971,94021 Jul 2022Off-plan
3061-bed788AED 1,411,7051,79021 Jul 2022Off-plan
2061-bed788AED 1,411,7051,79021 Jul 2022Off-plan
3021-bed788AED 1,411,7051,79021 Jul 2022Off-plan
1021-bed788AED 1,411,7051,79021 Jul 2022Off-plan
4042-bed1,380AED 2,679,6531,94221 Jul 2022Off-plan
4021-bed788AED 1,415,0671,79521 Jul 2022Off-plan
2042-bed1,387AED 2,673,7121,92721 Jul 2022Off-plan
4031-bed767AED 1,492,1061,94521 Jul 2022Off-plan

The official record: 67 registered sales since 2022

Dubai Land Department register for "Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 28", 21 Jul 2022 to 12 Feb 2026: 67 apartment sales, plus 5 mortgages and 2 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
20261–
202542,059
2024121,913
2023122,160
2022381,935

Median AED per sq ft is shown for 3 or more sales in a year. 44 of these sales were off-plan and 23 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 67 sales and our unit list has 67.

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Which side faces what

The direction of each landmark from Residences 28, 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
NorthResidences 29, a tower 75 m away · Residences 30, a tower 106 m away · Dubai Design District 2.9 km · DIFC 5.7 km
North-eastDubai Creek and Ras Al Khor 5.4 km
South-eastMeydan racecourse 1.1 km
SouthResidences 27, a tower 32 m away
South-westResidences 26, a tower 103 m away · Dubai Marina skyline 17.7 km
WestBurj Al Arab and the sea 10.9 km
North-westSheikh Zayed Road 4.2 km · Burj Khalifa 4.3 km · Jumeirah beach and the sea 7.1 km

The building: 0 of 0 questions answered

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

Completed
2023

Sources for figures not in the developer fact file:

  • Completed: Completion year from mitchellscommercialrealty.com, read 15 Oct 2026: https://www.mitchellscommercialrealty.com/off-plan/mohammed-bin-rashid-al-maktoum-city-district-one-phase-iii-residences-28

Where sources disagree

No conflict found between sources.

Around Residences 28

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Residences 28 (this tower)–– (3)
Residences 2732 m– (0)
Residences 2975 m– (0)
Residences 26103 m– (0)
Residences 30106 m– (0)
Residences 25167 m– (2)
Residences 31173 m– (0)
Residences 24214 m– (0)
Residences 23262 m– (4)

Drive times with no traffic

ToTimeDistance
Dubai Mall17 min11.1 km
DIFC Gate16 min11.9 km
DXB Terminal 338 min25.1 km
Dubai Marina Mall28 min23.1 km
Mall of the Emirates21 min16.8 km
Kite Beach19 min12.8 km
DWC airport52 min46.1 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, 21 Jul 2022 to 23 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, building facts, the developer, 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.

Other towers in District One

Residences 28 is in District One, Mohammed Bin Rashid City. Sold prices and sales for the other towers with a page:

DaliaAIAsk DaliaAI analyst

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