Residences 5Completed 2022AED 2,196 per sq ft ▼ 3% in a year resale, 7 sales
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Home › Mohammed Bin Rashid City › Residential towers › District One › Residences 5
Map: Google Maps
Upper mid-range residential tower built by District One - FZ (Meydan), handed over in 2022, with 45 resales and 31 off-plan sales since 2020

Residences 5, Mohammed Bin Rashid City · by District One - FZ (Meydan)

A resale 1-bed in Residences 5 sells for about AED 1.66m

Median of 5 resale 1-bed sales in the 12 months to 23 Oct 2026 (7 resale sales of all sizes). Last sale in the tower: 25 Sep 2026.

The market says
7 resales of all sizes in 12 months at AED 2,196 per sq ft (-3% in a year); a higher price than 76% of Mohammed Bin Rashid City towers; owners who sold gained 6.8% a year and 11% sold at a loss.
James Paul Booth
The agent's view
“Owners who sold in Residences 5 made 6.8% a year, and 11% of them sold at a loss. That is a steady record. I would buy for rent and a long hold, not for a quick resale.”
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
123 registered sales since 2018: 123 apartment
52 units with a sale on record since 2020.
0sales in the last 30 days: 0 resale, 0 off-plan
0for sale now
Under 1 monthTime 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 5 on the map

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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 ftRent a year
1-bedAED 1,660,000 (5)2,196– (1)
2-bedunder 5 (2)–– (0)
3-bed– (0)–– (1)

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 (0 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 (0). They stay in the list below with a label.

Resale price per sq ft fell 3% in a year

Median AED 2,196 per sq ft in the last 12 months (7 resale sales, all sizes) against AED 2,259 in the 12 months before (8 resale sales, all sizes).

2023-Q1: AED 2,127 per sq ft, 5 sales2,12723 Q12023-Q2: AED 2,201 per sq ft, 9 sales2,20123 Q22023-Q3: AED 2,314 per sq ft, 6 sales2,31423 Q32023-Q4: AED 2,192 per sq ft, 2 sales2,19223 Q42024-Q1: AED 2,073 per sq ft, 2 sales2,07324 Q12024-Q2: AED 2,050 per sq ft, 3 sales2,05024 Q22024-Q3: AED 2,285 per sq ft, 1 sale2,28524 Q32024-Q4: AED 1,833 per sq ft, 3 sales1,83324 Q42025-Q1: AED 2,275 per sq ft, 5 sales2,27525 Q12025-Q2: AED 2,242 per sq ft, 1 sale2,24225 Q225 Q32025-Q4: AED 2,298 per sq ft, 2 sales2,29825 Q42026-Q1: AED 2,330 per sq ft, 4 sales2,33026 Q126 Q22026-Q3: AED 1,919 per sq ft, 2 sales1,91926 Q35 sales59 sales96 sales62 sales22 sales23 sales31 sales13 sales35 sales51 sales10 sales02 sales24 sales40 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 41% of all sales in this tower, so the early quarters show launch prices.

What owners made: +6.8% a year, 11% sold at a loss

19 owners bought a home in Residences 5 and sold it again as a completed home 6 months or more later. Half of them held it for 3.3 years or more. A gain is the change in the price for each year held, before fees, service charge and rent.

+6.8%median gain a year. apartments in Dubai +10.9%
11%sold at or below the price paid. apartments in Dubai 12%
2.3points a year below homes in Dubai that were resold over the same months

By unit type, and bought off-plan or completed

Unit typeGain a yearSold at a lossOwners
1-bed+5.0%7%14
Bought asGain a yearSold at a lossOwners
Off-plan+6.9%7%14
Completed+4.6%20%5

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 2020: 76 sales of 52 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
5081-bed752AED 1,450,0001,92725 Sep 2026Resale
6072-bed1,308AED 2,500,0001,9119 Jul 2026Resale-17% from AED 3.00m in 2023
1041-bed752AED 1,800,0002,39226 Feb 2026Resale+20% from AED 1.50m in 2023
5072-bed1,310AED 3,550,0002,71025 Feb 2026Resale+21% from AED 2.94m in 2024
5011-bed767AED 1,740,0002,2686 Feb 2026Resale
6101-bed758AED 1,550,0002,0455 Feb 2026Resale+26% from AED 1.23m in 2020
3021-bed756AED 1,660,0002,1963 Nov 2025Resale+7% from AED 1.55m in 2024
6091-bed750AED 1,800,0002,40116 Oct 2025Resale+2% from AED 1.77m in 2023
2063-bed1,784AED 4,000,0002,24229 Apr 2025Resale+42% from AED 2.83m in 2021
2101-bed758AED 1,700,0002,24312 Mar 2025Resale+22% from AED 1.40m in 2021
3101-bed758AED 1,750,0002,3094 Mar 2025Resale
3031-bed750AED 1,720,0002,2933 Mar 2025Resale+26% from AED 1.37m in 2024
6021-bed756AED 1,720,0002,27521 Feb 2025Resale+44% from AED 1.19m in 2020
G021-bed1,163AED 2,336,1002,0096 Jan 2025Resale+39% from AED 1.68m in 2022
2121-bed780AED 1,430,0001,83326 Dec 2024Resale+14% from AED 1.25m in 2021
3031-bed750AED 1,370,1961,82715 Oct 2024Resale+14% from AED 1.20m in 2020
4021-bed756AED 1,630,0002,1563 Oct 2024Resale+37% from AED 1.19m in 2020
4121-bed766AED 1,750,0002,28515 Aug 2024Resale
4111-bed753AED 1,720,0002,28322 May 2024Resale
3021-bed756AED 1,550,0002,05026 Apr 2024Resale+31% from AED 1.19m in 2020
G071-bed1,033AED 1,700,0001,64619 Apr 2024Resale+3% from AED 1.65m in 2023
G033-bed2,704AED 5,150,0001,90528 Feb 2024Resale+29% from AED 4.00m in 2020
5072-bed1,310AED 2,935,0002,24127 Feb 2024Resale
6041-bed753AED 1,630,0002,16518 Oct 2023Resale
5121-bed766AED 1,700,0002,2203 Oct 2023Resale
G071-bed1,033AED 1,650,0001,59827 Sep 2023Resale-7% from AED 1.77m in 2020
6081-bed752AED 1,850,0002,45918 Sep 2023Resale
3011-bed767AED 1,680,0002,19028 Aug 2023Resale
1041-bed752AED 1,500,0001,99418 Jul 2023Resale
3072-bed1,310AED 3,350,0002,55713 Jul 2023Resale
2081-bed752AED 1,835,0002,43910 Jul 2023Resale+15% from AED 1.60m in 2023
4063-bed1,785AED 4,700,0002,63422 Jun 2023Resale+62% from AED 2.90m in 2020
2072-bed1,308AED 3,200,0002,44616 Jun 2023Resale
5063-bed1,784AED 4,000,0002,24212 Jun 2023Resale
4041-bed753AED 1,600,0002,12518 May 2023Resale+32% from AED 1.22m in 2020
5091-bed750AED 1,650,0002,2018 May 2023Resale
3121-bed766AED 1,400,0001,8285 May 2023Resale
4072-bed1,308AED 2,600,0001,9874 May 2023Resale
6091-bed750AED 1,772,2002,3642 May 2023Resale
2031-bed766AED 1,490,0001,9443 Apr 2023Resale+15% from AED 1.30m in 2023
2081-bed752AED 1,600,0002,12731 Mar 2023Resale
2041-bed766AED 1,261,9171,64828 Mar 2023Resale
4081-bed752AED 1,670,0002,22023 Mar 2023Resale+22% from AED 1.38m in 2022
6072-bed1,308AED 3,000,0002,29321 Mar 2023Resale
2031-bed766AED 1,300,0001,69610 Feb 2023Resale+6% from AED 1.22m in 2020
6111-bed753AED 1,330,0001,76520 Sep 2022Off-plan
4081-bed752AED 1,375,0001,82715 Sep 2022Off-plan
3111-bed753AED 1,290,4781,71324 Aug 2022Off-plan
G021-bed1,163AED 1,684,2441,4496 Jul 2022Off-plan
1032-bed1,308AED 2,300,0001,75929 Jun 2022Off-plan
6121-bed766AED 1,300,0001,69721 Mar 2022Off-plan
2121-bed780AED 1,250,0001,6037 Dec 2021Off-plan
2063-bed1,784AED 2,825,0001,5835 Sep 2021Off-plan
2101-bed758AED 1,396,0551,84228 Jun 2021Off-plan
4101-bed758AED 1,125,0001,48414 Mar 2021Off-plan
6063-bed1,784AED 3,285,1371,8428 Feb 2021Off-plan
G051-bed1,025AED 1,656,4111,61622 Nov 2020Off-plan
4063-bed1,785AED 2,900,0001,62517 Sep 2020Off-plan
5041-bed753AED 1,223,4711,6257 Jun 2020Off-plan
2031-bed766AED 1,224,3301,59727 May 2020Off-plan
6011-bed767AED 1,234,6531,60918 May 2020Off-plan
G071-bed1,033AED 1,766,4251,71014 May 2020Off-plan
3031-bed750AED 1,200,8751,60113 May 2020Off-plan
6021-bed756AED 1,194,2031,58012 May 2020Off-plan
G061-bed1,022AED 1,663,6171,62712 May 2020Off-plan
3021-bed756AED 1,186,7861,5706 May 2020Off-plan
G033-bed2,704AED 4,000,0001,47927 Apr 2020Off-plan
5031-bed752AED 1,208,3811,60729 Mar 2020Off-plan
4021-bed756AED 1,186,7861,57027 Feb 2020Off-plan
4041-bed753AED 1,215,9881,61512 Feb 2020Off-plan
5111-bed753AED 1,207,9471,60312 Feb 2020Off-plan
1061-bed758AED 1,226,2651,61811 Feb 2020Off-plan
1051-bed750AED 1,214,0211,61811 Feb 2020Off-plan
5101-bed758AED 1,233,8111,6289 Feb 2020Off-plan
6101-bed758AED 1,233,8111,62826 Jan 2020Off-plan
6031-bed749AED 1,208,3811,61323 Jan 2020Off-plan

Mortgage: what Residences 5 costs a month

The numbers start from the median sold price in this tower. Change any of them. The rate starts at 3.99%, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026. Fixed rates in those lists run from 3.75% to 4.69%. Three-month EIBOR, the base for variable rates, was 4.19% on 9 Oct 2026.

Monthly payment

Cash you need on day one

Buy against rent

Loan limits: Central Bank of the UAE mortgage rules (first home under AED 5 million: 80% for residents, 85% for UAE nationals; AED 5 million and above: 70% and 75%; second home or investment: 60% and 65%; off-plan: 50%; 25 years at most; all your debt payments at most 50% of your income). Banks set their own limit for buyers who do not live in the UAE. Assumptions, the same in every BUY DUBAI calculator: rate 3.99% a year, the most common 3-year fixed rate in two bank comparison lists dated 5 October 2026; repayment loan over 25 years; Land Department fee 4% of the price plus AED 580; trustee office AED 4,200 (AED 2,100 under AED 500,000); agent 2% plus 5% VAT; with a loan: mortgage registration 0.25% of the loan plus AED 290, bank fee 1% of the loan plus VAT (it differs by bank), valuation AED 3,150. Life cover, insurance and service charges are not included. This is an illustration, not an offer of a loan. Rates read on 9 Oct 2026.

Home loans registered on Residences 5

Year2023202420252026
Loans29352
Median loanAED 603,303AED 607,300AED 1.40m–

Dubai Land Department register to 12 Feb 2026: mortgage and Islamic home finance registrations on homes in this tower. A loan can be for a purchase or to replace an older loan. Median shown for 3 or more loans.

The official record: 123 registered sales since 2018

Dubai Land Department register for "Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 5", 16 Jul 2018 to 12 Feb 2026: 123 apartment sales, plus 39 mortgages and 3 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
20262–
202582,259
202492,050
2023222,195
202261,746
202151,615
2020201,612
2019211,625
2018301,610

Median AED per sq ft is shown for 3 or more sales in a year. 82 of these sales were off-plan and 41 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 72 sales and our unit list has 72.

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Which side faces what

The direction of each landmark from Residences 5, 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
NorthBurj Khalifa 4.6 km · DIFC 6.1 km
North-eastResidences 4, a tower 41 m away · Dubai Design District 3.6 km · Dubai Creek and Ras Al Khor 6.3 km
EastMeydan racecourse 1.6 km
South-eastResidences 15, a tower 146 m away
South-westResidences 6, a tower 73 m away · Residences 7, a tower 142 m away · Dubai Marina skyline 16.8 km
WestBurj Al Arab and the sea 10.1 km
North-westSheikh Zayed Road 4.2 km · Jumeirah beach and the sea 7.0 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
2022

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-5

Where sources disagree

No conflict found between sources.

Around Residences 5

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Residences 5 (this tower)–2,196 (7)
Residences 441 m– (2)
Residences 673 m– (4)
Residences 7142 m– (3)
Residences 15146 m2,023 (11)
Residences 14153 m1,948 (10)
Residences 3156 m– (1)
Residences 13173 m1,997 (10)
Residences 2186 m– (1)

Drive times with no traffic

ToTimeDistance
Dubai Mall15 min10.2 km
DIFC Gate14 min11.0 km
DXB Terminal 336 min24.3 km
Dubai Marina Mall26 min22.2 km
Mall of the Emirates19 min15.9 km
Kite Beach16 min11.9 km
DWC airport50 min45.3 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, 23 Jan 2020 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 5 is in District One, Mohammed Bin Rashid City. Sold prices and sales for the other towers with a page:

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