Mohammed Bin Rashid City home sales: Q1 2024
January to March 2024
Number 9 of 93 Dubai communities by sales in Q1 2024. See all of Dubai.
1,006 homes sold in Mohammed Bin Rashid City for AED 3.77bn in Q1 2024. That is 36% fewer than the quarter before and 25% fewer than Q1 2023. 53% were off-plan.
The agent's view
“Look first at the communities and towers with the most sales. Busy places give you a fair price to work from, and an easier sale later.”
Homes sold1,006-36% on the quarter before-25% on Q1 2023
ValueAED 3.77bn-18% on the quarter before+15% on Q1 2023
AED per sq ft (median)1,928-1% on the quarter before+7% on Q1 2023
Off-plan share53%-27 points on the quarter before-29 points on Q1 2023
Sales in each of the last 4 quarters
Mohammed Bin Rashid City. The yellow bar is Q1 2024.
Before 24 September 2026 our record holds about 84% of sales. From that date it holds every sale the source shows.
New in the sales record
4 towers and projects had their first recorded sale in Q1 2024. For an off-plan project this is close to the sales launch. It is not the date of the press launch.
| Tower or project | First sale | Sales in the quarter | Value | AED per sq ft | Type |
|---|---|---|---|---|---|
| The Woodland Residences | 7 Mar 2024 | 20 | AED 280m | 2,916 | Off-plan |
| The Beachfront Villas by Ellington | 31 Jan 2024 | 5 | AED 105m | 2,841 | Off-plan |
| The Lakeview Villas by Ellington | 19 Feb 2024 | 5 | AED 99.7m | 2,669 | Off-plan |
| Naya 3 | 16 Jan 2024 | 1 | AED 9.3m | 2,618 | Off-plan |
By tower
74 towers and projects had a sale.
| # | Tower or project | Sales | Change | Value | AED per sq ft | Type |
|---|---|---|---|---|---|---|
| 1 | Waves Grande | 80 | +150% | AED 141m | 1,807 | Ready |
| 2 | Sobha Creek Vista Heights Tower B | 74 | -73% | AED 160m | 1,964 | Off-plan |
| 3 | Sobha Creek Vista Heights Tower A | 58 | -74% | AED 100m | 2,101 | Off-plan |
| 4 | Naya 2 | 53 | -34% | AED 109m | 1,996 | Off-plan |
| 5 | Naya 1 | 45 | -44% | AED 186m | 2,254 | Off-plan |
| 6 | District One Villas | 43 | +26% | AED 905m | 2,214 | Ready |
| 7 | Sobha Hartland Waves | 38 | -10% | AED 65.1m | 2,131 | Ready |
| 8 | Wilton Park Residences 2 | 38 | was 4 | AED 51.6m | 1,397 | Ready |
| 9 | Senses at the Fields | 36 | +44% | AED 131m | 1,541 | Ready |
| 10 | Crest Grande | 36 | -79% | AED 99.8m | 1,832 | Off-plan |
| 11 | Sobha Creek Vistas Reserve | 32 | -14% | AED 33.0m | 1,873 | Ready |
| 12 | Residences 24 | 31 | new | AED 50.0m | 1,712 | Ready |
| 13 | The Highbury | 25 | -31% | AED 76.3m | 2,060 | Off-plan |
| 14 | Sobha Creek Vistas Grande | 25 | -47% | AED 50.2m | 1,817 | Off-plan |
| 15 | Sobha Creek Vistas Tower B | 23 | -15% | AED 26.0m | 1,938 | Ready |
| 16 | Wilton Park Residences 1 | 22 | +83% | AED 33.8m | 2,051 | Ready |
| 17 | The Woodland Residences | 20 | new | AED 280m | 2,916 | Off-plan |
| 18 | Sobha Hartland Waves Opulence | 18 | -42% | AED 51.5m | 1,883 | Off-plan |
| 19 | MAG Eye | 17 | +21% | AED 42.8m | 1,770 | Off-plan |
| 20 | Sobha Hartland Greens 4 | 17 | +55% | AED 30.5m | 1,505 | Ready |
| 21 | The Crest Tower A | 16 | +14% | AED 37.1m | 1,926 | Off-plan |
| 22 | District One West | 15 | -52% | AED 328m | 1,630 | Off-plan |
| 23 | The Crest Tower B | 15 | -21% | AED 18.3m | 1,996 | Off-plan |
| 24 | Sobha Creek Vistas Tower A | 15 | -6% | AED 17.5m | 1,959 | Ready |
| 25 | Sobha Creek Vistas Reserve Tower A | 13 | -13% | AED 13.9m | 1,902 | Ready |
| 26 | Elie Saab Vie at the Fields | 11 | -27% | AED 45.4m | 1,540 | Off-plan |
| 27 | Opal Gardens | 10 | -71% | AED 67.6m | 1,197 | Off-plan |
| 28 | The Crest Tower C | 10 | -66% | AED 14.5m | 2,042 | Off-plan |
| 29 | Sobha Hartland Greens 6 | 10 | -47% | AED 10.7m | 1,751 | Ready |
| 30 | One Park Avenue | 9 | +29% | AED 20.7m | 1,890 | Ready |
| 31 | Residences 14 | 9 | was 4 | AED 17.6m | 2,123 | Ready |
| 32 | Residences 13 | 8 | +14% | AED 16.0m | 1,751 | Off-plan |
| 33 | Residences 16 | 7 | -36% | AED 18.5m | 2,022 | Ready |
| 34 | Kensington Waters B | 6 | was 1 | AED 11.1m | 1,850 | Off-plan |
| 35 | Residences 28 | 6 | was 4 | AED 9.2m | 1,913 | Ready |
| 36 | MAG 930 | 6 | was 4 | AED 5.5m | 1,628 | Off-plan |
| 37 | The Beachfront Villas by Ellington | 5 | new | AED 105m | 2,841 | Off-plan |
| 38 | The Lakeview Villas by Ellington | 5 | new | AED 99.7m | 2,669 | Off-plan |
| 39 | Viridian at the Fields | 5 | -44% | AED 21.4m | 1,767 | Off-plan |
| 40 | Residences 12 | 5 | -58% | AED 11.4m | 1,944 | Ready |
| 41 | Berkeley Place | 5 | 0% | AED 8.6m | 1,931 | Off-plan |
| 42 | Sobha Hartland Greens 5 | 5 | -50% | AED 7.6m | 1,602 | Ready |
| 43 | Kensington Waters A | 5 | -17% | AED 6.7m | 1,689 | Off-plan |
| 44 | MAG 900 | 5 | was 1 | AED 4.8m | 1,517 | Off-plan |
| 45 | Lagoon Views | 4 | was 2 | AED 23.6m | 2,013 | Off-plan |
| 46 | The Crest Tower D | 4 | was 4 | AED 10.6m | 1,994 | Off-plan |
| 47 | Residences 23 | 4 | -33% | AED 6.9m | 1,889 | Ready |
| 48 | MAG 960 | 4 | new | AED 5.4m | 1,410 | Off-plan |
| 49 | Mag 970 | 4 | was 2 | AED 2.7m | 1,728 | Off-plan |
| 50 | Residences 11 | 3 | -57% | AED 10.7m | 2,612 | Off-plan |
| 51 | Residences 7 | 3 | was 2 | AED 7.4m | 1,763 | Ready |
| 52 | Residences 3 | 3 | -84% | AED 7.4m | 2,543 | Ready |
| 53 | Residences 29 | 3 | was 1 | AED 4.9m | 2,093 | Ready |
| 54 | Gemini Splendor | 3 | was 3 | AED 4.9m | 1,456 | Ready |
| 55 | Grenland Residence | 3 | new | AED 3.9m | 961 | Ready |
| 56 | Mag 910 | 3 | -75% | AED 2.6m | 1,506 | Off-plan |
| 57 | MAG 980 | 3 | was 4 | AED 2.0m | 1,562 | Off-plan |
| 58 | The Waterside Villas by Ellington | 2 | was 2 | AED 33.3m | 2,361 | Off-plan |
| 59 | Residences 5 | 2 | was 2 | AED 8.1m | 2,073 | Ready |
| 60 | Sobha Hartland Greens 1 | 2 | was 4 | AED 5.9m | 1,395 | Ready |
| 61 | Residences 6 | 2 | -67% | AED 4.5m | 2,265 | Ready |
| 62 | Wilton Terraces 2 | 2 | -60% | AED 4.3m | 1,766 | Ready |
| 63 | The Terraces North Side | 2 | was 4 | AED 3.5m | 1,821 | Ready |
| 64 | MAG 920 | 2 | was 4 | AED 1.3m | 1,607 | Off-plan |
| 65 | MAG 890 | 2 | -75% | AED 1.2m | 1,485 | Off-plan |
| 66 | District One Mansions | 1 | new | AED 46.5m | 3,583 | Ready |
| 67 | Naya 3 | 1 | new | AED 9.3m | 2,618 | Off-plan |
| 68 | Sobha Hartland Estates Townhouses | 1 | was 1 | AED 6.4m | 2,586 | Ready |
| 69 | The Terraces South Side | 1 | was 2 | AED 4.5m | 1,556 | Ready |
| 70 | Wilton Terraces 1 | 1 | was 2 | AED 2.1m | 1,752 | Ready |
| 71 | Residences 26 | 1 | new | AED 2.0m | 2,402 | Ready |
| 72 | Residences 4 | 1 | was 1 | AED 1.8m | 2,447 | Ready |
| 73 | Residences 22 | 1 | was 2 | AED 1.7m | 2,216 | Ready |
| 74 | Residences 15 | 1 | was 4 | AED 1.6m | 2,113 | Ready |
Largest sales
The 10 highest prices in Q1 2024.
| Tower or project | Home | Price | AED per sq ft | Date | Type |
|---|---|---|---|---|---|
| District One Villas | Villa, 7 bed | AED 146m | 4,024 | 31 Jan | Ready |
| District One West | Villa, 7 bed | AED 65.5m | 4,509 | 14 Feb | Off-plan |
| District One Villas | Villa, 7 bed | AED 65.2m | 4,021 | 8 Feb | Ready |
| District One West | Villa, 7 bed | AED 59.9m | 4,121 | 14 Mar | Off-plan |
| District One West | Villa, 7 bed | AED 59.2m | 3,177 | 18 Jan | Off-plan |
| District One Villas | Villa, 7 bed | AED 55.0m | 3,241 | 14 Feb | Ready |
| District One Mansions | Villa, 6 bed | AED 46.5m | 3,583 | 25 Jan | Ready |
| District One Villas | Villa, 6 bed | AED 43.3m | 3,354 | 16 Jan | Ready |
| The Beachfront Villas by Ellington | Villa, 6 bed | AED 39.8m | 2,870 | 26 Feb | Off-plan |
| District One Villas | Villa, 6 bed | AED 36.5m | 2,766 | 1 Feb | Ready |
How these figures are made
Source: our record of unit sales registered in Dubai, read to 13 October 2026. A sale is counted on its registered date.
Left out: land, whole buildings and bulk transactions. AED per sq ft is the median of the sales with a size.
Before 24 September 2026 our record holds about 84% of sales, so a figure before that date reads low and a change across that date reads high.