AED 1,750,000
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7,198 AED/monthLagoon View | 2 Bath | Ready | Vacant
RARE OPPORTUNITY: Premium 1-bedroom apartment with lagoon-facing views and 2 full bathrooms in prestigious Residences 23. Exceptional value with strong investment potential in Dubai's most exclusive waterfront community.
PROPERTY HIGHLIGHTS:
1 Bedroom plus 2 Full Bathrooms (rare layout ideal for families)
Size: 787 square feet (larger than average)
Stunning lagoon-facing views from spacious balcony
Ready to move in, completed project
High-end interiors with premium finishes
1 allocated parking space
Price: AED 1,750,000
INVESTMENT METRICS:
Expected Rental Income: AED 105,000 per year
Gross Rental Yield: 6.00 percent
3-Year Price Appreciation: 42 percent
High demand from families and investors
Strong capital growth potential
PREMIUM AMENITIES:
Crystal Lagoon access with 7 km of swimmable water
Private beach access and infinity swimming pool
State-of-the-art fitness center and gym
Cycling and jogging tracks along the lagoon
Beautifully landscaped gardens and parks
Children's play area and splash pads
BBQ and outdoor entertainment areas
24/7 security with gated community access
Concierge and property management services
LOCATION ADVANTAGES:
5 minutes to Downtown Dubai and Burj Khalifa
3 minutes to Meydan Racecourse and Hotel
15 minutes to Dubai International Airport
20 minutes to Dubai Marina and JBR
Walking distance to retail outlets and dining options
WHY THIS UNIT STANDS OUT:
Lagoon-facing views provide premium positioning
2 bathrooms are rare in 1-bedroom apartments, perfect for families
Building 23 is a top-tier building within The Residences
787 sqft is larger than the 767 sqft median
Priced competitively, recent Building 23 sales ranged from AED 1,745,000 to AED 1,750,000
IDEAL FOR:
Families seeking space and luxury living
Investors wanting 6 percent yields with strong appreciation
Professionals desiring a prestigious address
Buyers seeking ready, move-in property
Property details
Property Type
Apartment
Property Size
767 sqft / 71 sqm
Bedrooms
1
Bathrooms
2
Amenities
Central A/C
Balcony
Built in Wardrobes
Location

Price Insights
Transactions for Similar Properties
1 Bed Apartment in Residences 23
Sold for
| Date | AED | Area (sqft) |
|---|---|---|
| 10 Nov 2025 | 1,700,000 | 832 |
| 23 Sep 2025 | 1,700,000 | 766 |
| 19 Aug 2025 | 1,750,000 | 766 |
| 9 Jul 2025 | 1,740,000 | 767 |
| 26 Nov 2024 | 1,935,000 | 767 |
Rented for
| Date | AED/year | Area (sqft) |
|---|---|---|
| 10 Nov 2025 | 125,000 | 766 |
| 20 Sep 2025 | 110,000 | 832 |
| 21 Jul 2025 | 110,000 | 767 |
| 5 Feb 2025 | 110,250 | 767 |
| 5 Jan 2025 | 110,000 | 832 |
Powered byDataGuru
This property costs 3% more than the average price of 1 bedroom in Mohammed Bin Rashid City
Average Sale Price is 1,697,816 AED
This property is the same size as the average size of 1 bedroom in Mohammed Bin Rashid City
Average size is 771 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
12 years
Closed Deals
7
Languages
English, Arabic
Get the right mortgage for you
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Monthly payment
7,198 AED
with interest rate of
3.75%
Regulatory information
Regulatory information
Reference
R23-305-D10O0O-10
Listed
3 months ago
Broker License
845117
Agency name
KEY CLUE PROPERTIES L.L.C
Zone name
Al Merkadh
DLD Permit Number:
71375977290
Agent License
33910
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