Residences 16
Mohammed Bin Rashid City, Dubai · 9 floors
109 advertisements are live in Residences 16 — 48 for sale and 61 to rent. Sellers ask a median of 2,207 AED per square foot. The Dubai Land Department registered 1 sales here in the last twelve months at a median of 2,958 AED per square foot — what buyers actually paid, beside what is being asked today. 41 Ejari tenancy contracts put registered rent at 139 AED per square foot per year.
Advertised now
109
48 for sale · 61 to rent
Asking AED/sqft
2,207
median of the sale listings
Registered AED/sqft
2,958
1 DLD sales, to October 2025
Registered rent AED/sqft/yr
139
41 Ejari contracts
What each third of the tower asks
A high floor in a 9-storey building is a range, not a word.
| Band | Floors | Advertised | Asking AED/sqft |
|---|---|---|---|
| high | 7–9 | 13 | 2,228 |
| mid | 4–6 | 23 | 2,207 |
| low | 1–3 | 33 | 2,398 |
The last registered sales
Each with its own date, because the register lags. These are prices buyers paid, not asking prices — and they carry no unit number: which flat sold is not ours to publish.
- 2025-10-23AED 5,000,0002,958/sqft3 BR
Registered sales by segment
Room count against the third of the tower, over twelve months. A sale the register did not place on a floor is counted apart rather than folded into the low band.
| Rooms | Band | Sales | AED/sqft |
|---|---|---|---|
| 3 | no floor | 1 | 2,958 |
Registered tenancies by segment
Ejari contracts, per square foot per year — what tenants signed, not what landlords are asking.
| Rooms | Band | Contracts | AED/sqft/yr |
|---|---|---|---|
| 1 | low | 27 | 139 |
| 1 | mid | 11 | 153 |
| 2 | low | 2 | 182 |
| 2 | mid | 1 | 152 |
Questions about Residences 16
- How many flats are for sale in Residences 16?
- 48 of the 109 advertisements we currently hold in Residences 16 are for sale, and 61 are to rent. The same flat can be advertised by several agencies, so the number of distinct flats is lower.
- What does Residences 16 cost per square foot?
- Sellers are asking a median of 2,207 AED per square foot across the sale listings in Residences 16. That is what is being asked today, not what buyers have paid.
- What has actually sold in Residences 16?
- 1 sales were registered with the Dubai Land Department in the twelve months to October 2025, at a median of 2,958 AED per square foot, which puts today's asking prices 25.4% below the last recorded prices.
- What does a flat in Residences 16 rent for?
- 41 tenancy contracts registered with Ejari have a median of 139 AED per square foot per year.
- How many floors does Residences 16 have?
- The listings report 9 floors. Floors 7 to 9 are its top third, and they hold 13 of the advertisements.
- How much does a flat in Residences 16 cost?
- Asking prices on the sale listings run from AED 1.49M to AED 4.95M. That is the range of what is being asked in the building right now, not an estimate of what a particular flat is worth.
- Is a high floor in Residences 16 worth more?
- Floors 7–9 ask a median of 2,228 AED per square foot against 2,398 on floors 1–3 — 7.1% less. Both are asking prices, and the gap is what sellers believe the view is worth rather than what a buyer paid for it.
- What yield does Residences 16 give?
- Registered rent of 139 AED per square foot per year against today's asking 2,207 AED per square foot is a gross yield of 6.3%. Gross means before service charge, agency fee, vacancy and everything else a real return subtracts.
- When was the last sale registered in Residences 16?
- The most recent registration we hold is dated October 2025 at AED 5M (2,958 AED per sqft) for a 3-bedroom flat. The register lags the market by weeks, so this is the newest fact rather than today's price.
- What layouts does Residences 16 have?
- The advertisements in Residences 16 cover 1-bedroom flats, 2-bedroom flats, 3-bedroom flats.
Other buildings in Mohammed Bin Rashid City
Which flat, on which floor, and who is selling it
This page is about the building. The unit numbers, the floor each listing is on, the agency behind it and our valuation of every flat are in the Refty workspace.
Open Residences 16 in Refty