The Residences at District One Property Development By District One

Discover the epitome of luxury living at The Residences at District One, an outstanding property development nestled in the vibrant heart of Dubai’s Mohammed Bin Rashid Al Maktoum City (MBR City). This remarkable project offers a selection of elegant apartments and premium District One villas within a meticulously planned District One master community. Designed with a focus on modern lifestyles, the Residences provide idyllic waterfront living with breathtaking views of the magnificent Crystal Lagoon, creating a perfect balance of vibrancy and tranquility for its residents. Each home is a showcase of refined luxury and innovative design, ensuring that you enjoy both style and comfort as you reside close to the significant landmarks of Dubai.

This extraordinary development comprises 1, 2, and 3-bedroom units, starting from a price of 1.24 million AED, accommodating various lifestyle needs and preferences. With anticipated completion dates ranging from December 2020 to December 2021, investors and future residents can look forward to a community that encompasses quality living and.

Key Takeaways

• Located in the heart of Dubai’s MBR City.
• Offers luxurious apartments and villas.
• Features stunning lagoon views and modern amenities.
• Prices start from 1.24 million AED.
• Anticipated completion between 2020 and 2021.
• Each unit reflects a commitment to luxury and convenience.

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Introduction to District One Property Development

District One Property Development aims to redefine luxurious urban living in Dubai. As part of the Mohammed Bin Rashid Al Maktoum City initiative, this vibrant community emphasizes beautifully designed spaces that merge effortless convenience with natural beauty.

Overview of District One

The District One master community encompasses a range of upscale living options. With 1 to 3-bedroom apartments available, unit sizes vary from 785 to 2,713 square feet, while villa types offer 4 to 8 bedrooms from 6,393 to 9,955 square feet within the District One Dubai property². The area boundaries extend to 8.4 kilometers of cycling and running tracks, alongside a stunning 14 km beach shore. The vibrant surroundings feature 26 million square feet of greenery, ensuring residents enjoy a peaceful yet active lifestyle³⁴.

Unique offerings of the Development

Distinctive features of District One include the largest Crystal Lagoon in the world, providing exclusive opportunities for water sports and beach activities. The luxurious apartments District One offer modern architecture with floor-to-ceiling windows revealing breathtaking views of the landscape²⁴. Apart from relaxing amenities like spa and sauna, swimming pools, and rooftop gardens, residents benefit from community-focused spaces such as BBQ areas, cafes, community parks, and playgrounds. Payment options are flexible, including 50% upon completion and various additional plans³⁴..

The Residences at District One

The Residences at District One stands out with its luxurious offerings, catering to diverse preferences and lifestyles through various housing options. Residents can choose from chic one-, two-, and three-bedroom apartments, ensuring comfort and opulence. Each unit is designed thoughtfully, maximizing space and light for a delightful living experience. The size options vary, with one-bedroom units starting from 738 square feet, while expansive three-bedroom apartments reach up to 1,736 square feet, making it an ideal choice for different family sizes. For more details on housing options in District One, potential buyers can explore the full range of District One villas and luxury apartments District One available for sale.

Housing Options Available

The array of housing options District One provides makes it a top choice for prospective buyers. With a total of 65 properties for sale in The Residences at District One, potential residents have numerous choices to consider. Pricing ranges considerably, reflecting the variety in styles and finishes, contributing to the allure of District One Dubai property.

Prime Location and Accessibility

Strategically located in Mohammed Bin Rashid City, The Residences at District One enjoys easy access to many of Dubai’s major attractions, such as Downtown Dubai, Meydan Racecourse, and the beautiful Jumeirah Beach. The prime location District One offers ensures residents can effortlessly navigate the city through well-connected major highways, allowing for both convenience and a vibrant lifestyle within the community. Being part of a meticulously planned locale, the residences provide a calm retreat while being close to urban excitement.

Exclusive Amenities and Services

The Residences at District One is defined by its exclusive amenities designed to enrich the lifestyle of its residents. Facilities include state-of-the-art fitness centers, landscaped parks, and inviting swimming pools. Upscale dining options add a touch of culinary delight, while essential District One services like 24-hour security, elegant lobby areas, and fully equipped kitchens provide a seamless living experience. This commitment to luxury living District One ensures that every aspect of daily life is handled with care, offering residents unmatched comfort and sophistication.

Additionally, the average rental price for apartments at The Residences ranges between AED 95,000 and AED 1,500,000 per year, with an average rent of AED 174,922 per annum for the 467 apartments listed for rent. In the last year, there have been 634 new rental contracts, reflecting the high demand and desirability of living in this exquisite development. The change in rental prices over the past year shows a slight decrease of 4%, which offers potential renters a favorable market condition⁵.

Further making it appealing, the average price per square foot in Dubai stands at AED 2,073, with average property prices reaching AED 2,070,783. The typical gross rental yield in Dubai sits at 6.59%. Overall, the average prices per square foot and property have seen remarkable increases year over year, marking 11.29% and 15.26% respectively, emphasizing the robust performance and investment potential of properties in this region⁶.

Conclusion

The Residences at District One serve as a remarkable illustration of premium living within one of Dubai’s most sought-after developments. With an array of housing options ranging from one-bedroom to three-bedroom apartments, residents are sure to find the perfect fit for their lifestyle. The District One Property Development promotes a blend of modern conveniences and a community atmosphere that is both engaging and serene.

Set around the world’s largest man-made lagoon, the development features lush green spaces, advanced fitness facilities, and recreational areas, ensuring that residents have everything they need for an active and fulfilling lifestyle. Additionally, the project is well-equipped with amenities designed to promote relaxation and wellness, including beach access, extensive parks, and dining options that offer a taste of luxury.

As the project nears its completion targeted for the third quarter of 2025, it promises a vibrant community where its residents can thrive. Prospective homeowners at The Residences at District One can expect not just a home, but an elevated way of life that perfectly balances leisure and connectivity to the pulsating heart of Dubai, making this an exceptional choice for those seeking a luxurious residential experience⁷⁸.

Source Links

1. https://dxboffplan.com/properties/district-one-residences-g8/
2. https://keltandcorealty.com/property/district-one-residences/
3. https://www.tanamiproperties.com/Projects/District-One
4. https://www.binayah.com/dubai-projects/district-one-residences-15/
5. https://www.bayut.com/to-rent/apartments/dubai/mohammed-bin-rashid-city/district-one/the-residences-at-district-one/
6. https://www.propertyfinder.ae/en/buy/dubai/properties-for-sale-mohammed-bin-rashid-city-the-residences-at-district-one.html
7. https://www.propertyfinder.ae/en/new-projects/district-one/the-residences-at-district-one
8. https://fourapplerealestate.com/wp/blog/residences-at-district-one/