Residences 6

Key facts

Handover (past)

Q3 2023

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Sold out

How Residences 6 compares

Entry here is AED 1.5M, against a median of AED 1.5M across the 3 priced projects in The Residences at District One, which puts it above 1 of them and below 1. The plan opens at 10% down, against a Dubai median of 10%, in line with the market. Handover lands in Q3 2023, alongside 32 other projects completing in the same quarter. District One has 6 projects in our catalogue, 3 of them in The Residences at District One.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Squash Court
• Tennis Courts
• Restaurants
• Retail Facilities
• Jacuzzi & Steam
• Landscaped Gardens
• Leisure Lounge
• Gymnasium
• Shared Pool
• Barbecue Area
• Private Garden

Location

Residences 6 sits in Mohammed Bin Rashid City.

Master plan

The developer’s own site plan for Residences 6, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 10% on booking, 40% during construction and 50% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 64,000 at this resale price. Under Dubai's Law 8 of 2007, that 10% booking payment goes into a RERA-supervised escrow account rather than to District One directly, and is drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 773 square feet at AED 1,484,398, which works out at AED 1,920 per square foot. Stated sizes run from 773 to 2,710 square feet.

Handover and construction

The handover on record for Residences 6 is Q3 2023.

Ownership and residency

Residences 6 is sold freehold, so a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for, though 2 bedroom units here start at AED 2,734,518 and clear it on their own.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. 1 bedroom units start at AED 1,484,398 and 3 bedroom units at AED 3,698,513, so one building covers a first rental purchase and a family home. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Residences 6 records squash court, tennis courts, retail facilities, jacuzzi & steam, leisure lounge and private garden among its shared facilities, alongside the restaurants, landscaped gardens, gymnasium, shared pool and barbecue area that most Dubai developments carry. 7 floor plans are published for it.

Frequently asked