1,750,000
Own this from just
7,198 AED/monthSpacious | Unique | Great Location
Key Highlights:
Approx. 745 sq. ft. | Efficient and spacious layout
Partial lagoon view from private balcony
Furnished
Bright living and dining area with natural light
En suite bedroom + guest powder room
High quality finishes throughout
Investment Advantage:
Currently rented immediate rental income
High demand area with strong rental appeal
Ideal for both short term and long term investors
Excellent potential for capital appreciation
Limited lagoon view units available
Community Features:
Swimmable crystal lagoon
Gated community with 24/7 security
Jogging & cycling tracks
Lush green parks and open spaces
Premium fitness and wellness facilities
Retail and lifestyle destinations within the community
Prime Location:
Located in Mohammed Bin Rashid Al Maktoum City
Minutes to Downtown Dubai & Business Bay
Easy access to DIFC and major highways
This is a rare opportunity to secure a high demand, income generating unit in one of Dubai s most prestigious communities. Perfect for investors seeking immediate returns or end users looking for a premium lifestyle.
Property details
Property Type
Apartment
Property Size
745 sqft / 69 sqm
Bedrooms
1
Bathrooms
2
Service Charges
5.28 AED per sqft
Available from
28 Feb 2027
Amenities
Furnished
Built in Wardrobes
Kitchen Appliances
Balcony
Walk-in Closet
Shared Pool
Security
Lobby in Building
Location

Price Insights
Transactions for Similar Properties
1 Bed Apartment in Residences 16
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 9 Jun 2026 | 2,020,000 | 745 |
| 29 May 2025 | 1,300,000 | 775 |
| 24 Jan 2025 | 1,620,000 | 745 |
| 23 Dec 2024 | 1,580,000 | 745 |
| 23 Oct 2024 | 1,600,000 | 745 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 19 Jun 2026 | 70,000 | 754 |
| 25 May 2026 | 80,000 | 766 |
| 3 May 2026 | 90,000 | 775 |
| 1 May 2026 | 105,000 | 1,057 |
| 10 Apr 2026 | 100,000 | 749 |
Powered byDataGuru
This property costs 6% more than the average price of 1 bedroom in Mohammed Bin Rashid City
Average Sale Price is 1,651,723 AED
This property is 2% smaller than the average size of 1 bedroom in Mohammed Bin Rashid City
Average size is 760 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Mohammed Bin Rashid City
Provided by
Response time
within 5 minutes
Experience
4 years
Languages
English, Arabic
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
7,198 AED
with interest rate of
3.75%
Regulatory information
Own this property from just
7,198 AED /month
Fixed rates from: 3.75%
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