Residences 7Completed 2023AED 1,868 per sq ft register, 2024
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Home › Mohammed Bin Rashid City › Residential towers › District One › Residences 7
Map: Google Maps
Residential tower built by District One - FZ (Meydan), handed over in 2023, with 21 resales and 68 off-plan sales since 2021

Residences 7, Mohammed Bin Rashid City · by District One - FZ (Meydan)

An apartment in Residences 7 sold for about AED 1,868 per sq ft in 2024

Median of 14 apartment sales in 2024, median price AED 1,907,840. Source: Dubai Land Department register, to 12 Feb 2026. 3 market sales in the 12 months to 23 Oct 2026; 89 sales on record since 2021. That is too few for a home price.

The market says
86 registered sales since 2021 at AED 1,868 per sq ft (2024); owners who sold gained 4.3% a year and 16% sold at a loss; 1 home for sale now.
James Paul Booth
The agent's view
“Owners who sold in Residences 7 made 4.3% a year, and 16% 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.

Asking rent, 2-bed
AED 139,000 a year (3 listings)
Official record
86 registered sales since 2021: 86 apartment
62 units with a sale on record since 2021.
0sales in the last 30 days: 0 resale, 0 off-plan
1for 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 23 Oct 2026. Built 27 Oct 2026.

Residences 7 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: soldMedian askingRent a year
1-bed– (0)– (1)– (0)
2-bedunder 5 (3)– (0)AED 139,000 (3)
3-bed– (0)– (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 (2 of 89 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 (2); 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.

Off-plan price per sq ft by quarter

The tower has too few resale sales for a trend (3 in the last 12 months), so the chart shows the off-plan sales.

2021-Q2: AED 1,757 per sq ft, 41 sales1,75721 Q22021-Q3: AED 1,757 per sq ft, 9 sales1,75721 Q32021-Q4: AED 1,863 per sq ft, 4 sales1,86321 Q42022-Q1: AED 1,784 per sq ft, 2 sales1,78422 Q12022-Q2: AED 1,779 per sq ft, 2 sales1,77922 Q22022-Q3: AED 1,851 per sq ft, 2 sales1,85122 Q322 Q42023-Q1: AED 1,919 per sq ft, 1 sale1,91923 Q12023-Q2: AED 1,897 per sq ft, 3 sales1,89723 Q22023-Q3: AED 1,940 per sq ft, 2 sales1,94023 Q32023-Q4: AED 2,223 per sq ft, 1 sale2,22323 Q441 sales419 sales94 sales42 sales22 sales22 sales20 sales01 sales13 sales32 sales21 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. Off-plan sales are 76% of all sales in this tower, so the early quarters show launch prices.

What owners made: +4.3% a year, 16% sold at a loss

19 owners bought a home in Residences 7 and sold it again as a completed home 6 months or more later. Half of them held it for 2.9 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%
16%sold at or below the price paid. apartments in Dubai 12%
6.5points 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+4.7%17%6
Middle third+7.0%17%6
Dearest third+1.4%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+6.6%22%9
2-bed+3.1%10%10
Bought asGain a yearSold at a lossOwners
Off-plan+3.2%18%17

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 2021: 89 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
5042-bed1,417AED 3,130,0002,20921 May 2026Resale+16% from AED 2.70m in 2021
2052-bed1,168AED 2,400,0002,05516 May 2026Resale+17% from AED 2.05m in 2021
4092-bed1,222AED 2,750,0002,2509 Feb 2026Resale+22% from AED 2.25m in 2021
2102-bed1,503AED 3,065,0002,03919 Aug 2025Resale+16% from AED 2.65m in 2024
3071-bed768AED 1,655,0002,15512 Aug 2025Resale+84% from AED 900,000 in 2024
3042-bed1,417AED 3,400,0002,40022 Apr 2025Resale+27% from AED 2.68m in 2021
4071-bed768AED 1,700,0002,2149 Apr 2025Resale+29% from AED 1.32m in 2021
4081-bed768AED 1,300,0001,69326 Sep 2024Resale-0% from AED 1.30m in 2021
3081-bed768AED 1,400,0001,82318 Jul 2024Resale+8% from AED 1.30m in 2021
G052-bed1,536AED 3,308,8002,15418 Jul 2024Resale+24% from AED 2.67m in 2023
2042-bed1,417AED 3,450,0002,4355 Jul 2024Resale+23% from AED 2.80m in 2024
5022-bed1,185AED 2,095,6801,76810 Jun 2024Resalesame price as in 2021: transfer
2071-bed833AED 1,678,0002,01410 Jun 2024Resale+21% from AED 1.39m in 2021
6102-bed1,412AED 2,700,0001,91231 May 2024Resale+3% from AED 2.62m in 2021
5061-bed765AED 1,720,0002,25013 May 2024Resale+29% from AED 1.34m in 2021
2042-bed1,417AED 2,800,0001,97615 Apr 2024Resale+5% from AED 2.66m in 2021
6061-bed765AED 1,650,0002,1584 Apr 2024Resale+24% from AED 1.34m in 2021
G042-bed2,122AED 3,860,0001,81920 Mar 2024Resale+0% from AED 3.86m in 2022
3071-bed768AED 900,0001,17228 Feb 2024Resale-32% from AED 1.32m in 2021
2102-bed1,503AED 2,650,0001,76318 Jan 2024Resale-3% from AED 2.72m in 2022
1061-bed765AED 1,580,0002,0676 Dec 2023Resale+19% from AED 1.33m in 2021
4011-bed769AED 1,708,8002,2235 Oct 2023Off-plan
3092-bed1,219AED 2,448,8002,0099 Sep 2023Off-plan, sold again+10% from AED 2.23m in 2021
3061-bed765AED 1,430,0001,8707 Jul 2023Off-plan, sold again+8% from AED 1.33m in 2021
4061-bed765AED 1,450,0001,89723 Jun 2023Off-plan, sold again+9% from AED 1.33m in 2021
G052-bed1,536AED 2,668,1601,73722 Jun 2023Off-plan
5081-bed768AED 1,708,0002,22416 Jun 2023Off-plan, sold again+31% from AED 1.31m in 2021
6081-bed768AED 1,308,1501,70413 Apr 2023Off-plan, sold againsame price as in 2021: transfer
6042-bed1,417AED 2,718,7201,91924 Jan 2023Off-plan
4052-bed1,168AED 2,052,1061,75719 Sep 2022Off-plan, sold again-0% from AED 2.05m in 2022
6052-bed1,168AED 2,271,2511,94531 Aug 2022Off-plan
G042-bed2,122AED 3,857,6401,81813 Apr 2022Off-plan
G022-bed1,553AED 2,701,6001,74013 Apr 2022Off-plan
4052-bed1,168AED 2,052,1601,75722 Mar 2022Off-plan
2102-bed1,503AED 2,720,9001,8107 Jan 2022Off-plan
4102-bed1,412AED 2,594,4001,8389 Dec 2021Off-plan
4042-bed1,417AED 2,690,4001,8999 Dec 2021Off-plan
3071-bed768AED 1,319,6251,7188 Dec 2021Off-plan
3042-bed1,417AED 2,676,2401,8895 Dec 2021Off-plan
6022-bed1,185AED 2,095,6801,76821 Aug 2021Off-plan
6011-bed769AED 1,353,4401,76121 Aug 2021Off-plan
5011-bed770AED 1,353,4401,75721 Aug 2021Off-plan
5033-bed1,921AED 3,584,7901,86621 Aug 2021Off-plan
4033-bed1,921AED 3,546,4501,84621 Aug 2021Off-plan
4081-bed768AED 1,300,5001,69419 Aug 2021Off-plan
1022-bed1,185AED 2,082,0801,75718 Aug 2021Off-plan
2022-bed1,185AED 2,082,0201,75718 Aug 2021Off-plan
5081-bed768AED 1,308,1501,70418 Aug 2021Off-plan
G061-bed1,048AED 1,786,7501,70528 Jun 2021Off-plan
4061-bed765AED 1,328,2501,73724 Jun 2021Off-plan
1011-bed770AED 1,345,7501,74722 Jun 2021Off-plan
5052-bed1,168AED 2,063,8201,76722 Jun 2021Off-plan
3022-bed1,185AED 2,083,8401,75821 Jun 2021Off-plan
1052-bed1,168AED 2,052,1601,75721 Jun 2021Off-plan
3092-bed1,219AED 2,228,9401,82821 Jun 2021Off-plan
4022-bed1,185AED 2,083,8401,75821 Jun 2021Off-plan
1061-bed765AED 1,328,2501,73715 Jun 2021Off-plan
5061-bed765AED 1,335,8401,74715 Jun 2021Off-plan
6071-bed768AED 1,327,2751,7283 Jun 2021Off-plan
3061-bed765AED 1,328,2501,7373 Jun 2021Off-plan
2061-bed765AED 1,328,2501,7373 Jun 2021Off-plan
5022-bed1,185AED 2,095,6801,7683 Jun 2021Off-plan
3102-bed1,412AED 2,580,3001,82823 May 2021Off-plan
6061-bed765AED 1,335,8401,74719 May 2021Off-plan
2052-bed1,168AED 2,052,1601,75719 May 2021Off-plan
2042-bed1,417AED 2,662,0801,87919 May 2021Off-plan
3052-bed1,168AED 2,052,1601,75719 May 2021Off-plan
2011-bed770AED 1,345,7501,74719 May 2021Off-plan
2033-bed1,921AED 3,508,1101,82619 May 2021Off-plan
2081-bed832AED 1,390,8701,67119 May 2021Off-plan
3033-bed1,921AED 3,527,2801,83719 May 2021Off-plan
5071-bed768AED 1,327,2751,72819 May 2021Off-plan
5042-bed1,417AED 2,704,5601,90919 May 2021Off-plan
2071-bed833AED 1,391,8101,6705 May 2021Off-plan
4071-bed768AED 1,319,6251,7182 May 2021Off-plan
3011-bed770AED 1,345,7501,7472 May 2021Off-plan
G011-bed1,064AED 1,827,0001,7172 May 2021Off-plan
6092-bed1,222AED 2,271,0601,8582 May 2021Off-plan
6081-bed768AED 1,308,1501,7042 May 2021Off-plan
2092-bed1,304AED 2,362,3601,8122 May 2021Off-plan
5102-bed1,412AED 2,608,5001,8482 May 2021Off-plan
5092-bed1,222AED 2,258,8501,8482 May 2021Off-plan
4092-bed1,222AED 2,246,6401,8382 May 2021Off-plan
3081-bed768AED 1,300,5001,6942 May 2021Off-plan
6033-bed1,921AED 3,584,7901,8662 May 2021Off-plan
1033-bed1,921AED 3,488,9401,8162 May 2021Off-plan
G033-bed2,679AED 4,758,4901,7762 May 2021Off-plan
1042-bed1,417AED 2,647,9201,8692 May 2021Off-plan
6102-bed1,412AED 2,622,6001,8582 May 2021Off-plan

The official record: 86 registered sales since 2021

Dubai Land Department register for "Mohammed Bin Rashid Al Maktoum City, District One Phase III, Residences 7", 3 May 2021 to 12 Feb 2026: 86 apartment sales, plus 16 mortgages and 2 gifts. This source has every year and every unit type, but no unit numbers.

YearApartments: salesAED per sq ft
20261–
202542,185
2024141,868
202381,966
202261,790
2021531,760

Median AED per sq ft is shown for 3 or more sales in a year. 66 of these sales were off-plan and 20 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 86 sales and our unit list has 87.

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Which side faces what

The direction of each landmark from Residences 7, 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 6.2 km
North-eastResidences 6, a tower 69 m away · Residences 5, a tower 142 m away · Dubai Design District 3.7 km · Dubai Creek and Ras Al Khor 6.4 km
EastMeydan racecourse 1.7 km
South-westResidences 8, a tower 85 m away · Dubai Marina skyline 16.7 km
WestBurj Al Arab and the sea 10.0 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
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-7

Where sources disagree

No conflict found between sources.

Around Residences 7

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
Residences 7 (this tower)–– (3)
Residences 669 m– (4)
Residences 885 m– (0)
Residences 5142 m2,196 (7)
Lagoon Views155 m2,539 (11)
Residences 12156 m2,215 (10)
Residences 11159 m2,139 (7)
Residences 4182 m– (2)
Residences 13196 m1,997 (10)

Drive times with no traffic

ToTimeDistance
Dubai Mall15 min10.1 km
DIFC Gate14 min10.9 km
DXB Terminal 336 min24.2 km
Dubai Marina Mall25 min22.1 km
Mall of the Emirates19 min15.8 km
Kite Beach16 min11.8 km
DWC airport50 min45.1 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, 2 May 2021 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 7 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.