The Residence 1
Downtown Dubai, Dubai · 39 floors
88 advertisements are live in The Residence 1 — 41 for sale and 47 to rent. Sellers ask a median of 2,951 AED per square foot. The Dubai Land Department registered 8 sales here in the last twelve months at a median of 2,862 AED per square foot — what buyers actually paid, beside what is being asked today. 30 Ejari tenancy contracts put registered rent at 141 AED per square foot per year.
Advertised now
88
41 for sale · 47 to rent
Asking AED/sqft
2,951
median of the sale listings
Registered AED/sqft
2,862
8 DLD sales, to February 2026
Registered rent AED/sqft/yr
141
30 Ejari contracts
What each third of the tower asks
A high floor in a 39-storey building is a range, not a word.
| Band | Floors | Advertised | Asking AED/sqft |
|---|---|---|---|
| high | 27–39 | 9 | 3,182 |
| mid | 14–26 | 9 | 2,536 |
| low | 1–13 | 16 | 2,959 |
What the register recorded, month by month
Median registered price per square foot, by the month the sale was registered. A month with no sale is absent rather than zero — a building sells a handful of flats a year, and a line drawn to the axis on a quiet month reads as a collapse.
| Month | Registered sales | Median AED/sqft |
|---|---|---|
| 2025-09 | 3 | 3,706 |
| 2025-11 | 1 | 2,347 |
| 2026-01 | 3 | 3,605 |
| 2026-02 | 4 | 2,862 |
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.
- 2026-02-10AED 2,850,0002,908/sqft1 BR · mid floor
- 2026-02-09AED 5,200,0003,355/sqft2 BR · low floor
- 2026-02-04AED 3,850,0002,817/sqft2 BR · low floor
- 2026-02-02AED 3,800,0002,780/sqft2 BR · low floor
- 2026-01-28AED 7,100,0003,605/sqft3 BR · mid floor
- 2026-01-14AED 20,000,0007,303/sqft3 BR · high floor
- 2026-01-12AED 2,300,0002,706/sqft1 BR · high floor
- 2025-11-10AED 2,300,0002,347/sqft1 BR · high floor
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 |
|---|---|---|---|
| 2 | low | 3 | 2,817 |
| 1 | high | 2 | 2,527 |
| 3 | mid | 1 | 3,605 |
| 1 | mid | 1 | 2,908 |
| 3 | high | 1 | 7,303 |
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 | mid | 53 | 123 |
| 1 | low | 42 | 120 |
| 2 | mid | 39 | 121 |
| 1 | high | 31 | 124 |
| 2 | low | 26 | 119 |
| 3 | high | 24 | 140 |
| 2 | high | 19 | 129 |
| 3 | mid | 19 | 140 |
| 3 | low | 11 | 142 |
| 5 | high | 2 | 239 |
| 3 | no floor | 1 | 69 |
Questions about The Residence 1
- How many flats are for sale in The Residence 1?
- 41 of the 88 advertisements we currently hold in The Residence 1 are for sale, and 47 are to rent. The same flat can be advertised by several agencies, so the number of distinct flats is lower.
- What does The Residence 1 cost per square foot?
- Sellers are asking a median of 2,951 AED per square foot across the sale listings in The Residence 1. That is what is being asked today, not what buyers have paid.
- What has actually sold in The Residence 1?
- 8 sales were registered with the Dubai Land Department in the twelve months to February 2026, at a median of 2,862 AED per square foot, which puts today's asking prices 3.1% above the last recorded prices.
- What does a flat in The Residence 1 rent for?
- 30 tenancy contracts registered with Ejari have a median of 141 AED per square foot per year.
- How many floors does The Residence 1 have?
- The listings report 39 floors. Floors 27 to 39 are its top third, and they hold 9 of the advertisements.
- How much does a flat in The Residence 1 cost?
- Asking prices on the sale listings run from AED 2.30M to AED 8.70M. 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 The Residence 1 worth more?
- Floors 27–39 ask a median of 3,182 AED per square foot against 2,959 on floors 1–13 — 7.5% more. 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 The Residence 1 give?
- Registered rent of 141 AED per square foot per year against today's asking 2,951 AED per square foot is a gross yield of 4.8%. Gross means before service charge, agency fee, vacancy and everything else a real return subtracts.
- When was the last sale registered in The Residence 1?
- The most recent registration we hold is dated February 2026 at AED 2.85M (2,908 AED per sqft) for a 1-bedroom flat. The register lags the market by weeks, so this is the newest fact rather than today's price.
- What layouts does The Residence 1 have?
- The advertisements in The Residence 1 cover 1-bedroom flats, 2-bedroom flats, 3-bedroom flats, studios.
Other buildings in Downtown Dubai
About Downtown Dubai
What it is like to live in Downtown Dubai — schools, commute, what the area is known for — is a different question from what this tower costs, and it has its own page.
Read the Downtown Dubai property guideWhich 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 The Residence 1 in Refty