Distress Property, Ready for Handover

Distress Deal: 4 Bedroom Apartment in District One, MBR City – Full Lagoon View | AED 8,200,000

Ref: D1-FZDO-4BR-3300-001

Nakheel Properties

Mohammed Bin Rashid City, United Arab Emirates

Bedrooms

4

Down Payment

On Request

Handover Date

March 2025 (Completed)
aed 8,200,000
Request_call
Description

Distress Deal: 4 Bedroom Apartment in District One, MBR City – Full Lagoon View | AED 8,200,000

Ready-to-Move 4BR Lagoon View Apartment in District One, Mohammed Bin Rashid City – 14.6% Below Last Transaction

A standout ready-to-move distress opportunity in District One, Mohammed Bin Rashid City — one of Dubai’s most prestigious and sought-after master-planned residential addresses. This 4-bedroom apartment spans 3,300 sq.ft and delivers a full lagoon view from a large balcony, with the unit fully handed over in March 2025 and available for immediate occupation or rental. At AED 8,200,000 — AED 1,400,000 below the last recorded comparable transaction of AED 9,600,000 — the buyer acquires a ready asset at AED 2,484 per sq.ft against a market median of AED 2,901 per sq.ft, representing a 14.4% discount to prevailing market rates. In a sub-market where lagoon-view inventory at this scale is genuinely scarce and ready product commands a premium over off-plan, this represents one of the most compelling value propositions currently available in District One’s secondary market.

Property Highlights

  • Project: District One Residences
  • Developer: District One — FZ
  • Community: District One, Mohammed Bin Rashid City (MBR City), Dubai
  • Unit Type: 4 Bedroom Apartment
  • Size: 3,300 sq.ft
  • Balcony: Large balcony
  • View: Full lagoon view
  • Parking: Included
  • Asking Price: AED 8,200,000
  • Price per Sq.ft: AED 2,484
  • Market Median Price per Sq.ft: AED 2,901
  • Discount vs Market Median: -14.4% per sq.ft
  • Last Comparable Transaction: AED 9,600,000
  • Discount vs Last Transaction: AED 1,400,000 (approximately 14.6%)
  • Status: Ready to Move In
  • Handover: March 2025 (completed)
  • Ownership: Freehold – Open to all nationalities

About District One – Mohammed Bin Rashid City, Dubai

District One is widely regarded as one of the finest residential addresses in Dubai. Located within Mohammed Bin Rashid City — the flagship master development bearing the name of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai — District One is built around one of the world’s largest man-made lagoons. The community’s defining feature is the Crystal Lagoon: a swimmable, turquoise-blue 7-kilometre body of water that stretches through the heart of the development, creating a Mediterranean coastal lifestyle experience in the centre of one of the world’s most dynamic cities. District One is developed under the District One — FZ entity, a joint venture under the broader Meydan and Nakheel masterplan for MBR City, and delivers a standard of community infrastructure, landscaping, and amenity provision that is consistently among the highest in Dubai. Residents of District One live within minutes of Downtown Dubai and DIFC while enjoying a private, low-density community environment that is irreproducible anywhere else in the city at this price level.

Community and Lifestyle

  • The Crystal Lagoon — a 7-kilometre swimmable man-made lagoon — forms the community centrepiece and is accessible to all District One residents
  • Over 8 kilometres of dedicated cycling, jogging, and walking tracks encircle the lagoon and community
  • White sandy lagoon beaches with direct water access and sun lounger areas for residents
  • Expansive community parks, open green lawns, and children’s play areas throughout the masterplan
  • A low-density, predominantly villa and premium apartment community creating a private and serene residential environment
  • District One is consistently ranked among Dubai’s top performing communities for both resale values and rental yields in the luxury segment
  • Suited to high-net-worth families, senior professionals, and long-term investors seeking a best-in-class Dubai address with genuine lagoon lifestyle amenity

Amenities

  • Full access to the Crystal Lagoon — 7 kilometres of swimmable turquoise water
  • Private white sand lagoon beaches for residents
  • Over 8 kilometres of cycling, jogging, and walking tracks around the lagoon
  • Community swimming pools
  • Fully equipped fitness centre
  • Children’s play areas and recreational zones
  • Community parks and landscaped open spaces
  • Retail and dining within the District One masterplan
  • 24-hour gated security and community management
  • Large balcony in this specific unit with full lagoon view
  • Covered parking included

Layout and Floor Plan

This 4-bedroom apartment in District One spans 3,300 sq.ft across a generous and well-proportioned layout designed to maximise the full lagoon view. A large balcony extends the living area directly towards the lagoon, creating a seamless indoor-outdoor flow that is central to the District One lifestyle proposition. The unit is expected to comprise an expansive open-plan living and dining area, four en-suite or adjacent bedrooms, a kitchen, utility areas, and the large lagoon-facing balcony. The detailed architectural floor plan for this specific 4-bedroom unit in District One, MBR City — including exact room dimensions, balcony area, and unit position within the building — is available on request. Please contact us to receive the full documentation package.

Payment and Handover

This is a ready-to-move secondary market distress sale. The unit was handed over in March 2025 and is available for immediate occupation or for tenanting. The key pricing context is as follows:

  • Asking Price: AED 8,200,000
  • Price per Sq.ft: AED 2,484
  • Market Median per Sq.ft: AED 2,901 — this listing is 14.4% below the market median
  • Last Comparable Transaction: AED 9,600,000 — this listing is AED 1,400,000 (14.6%) below that transaction

As this is a ready-to-move asset in the secondary market, the transaction involves a standard Dubai Land Department (DLD) property transfer. DLD transfer fee is typically 4% of the purchase price. Any applicable service charges, agent fees, and conveyancing costs are available on request and should be verified independently before proceeding. No developer payment plan is applicable — this is a clean transfer of a completed, titled property. Title deed available for immediate transfer. This is a freehold property available to all nationalities.

Location and Connectivity

  • Meydan Racecourse: Approximately 5 minutes by car — one of the world’s most prestigious horse racing venues
  • Ras Al Khor Wildlife Sanctuary: Approximately 5 minutes by car
  • Downtown Dubai and Burj Khalifa: Approximately 10 minutes by car
  • The Dubai Mall: Approximately 10 minutes by car
  • Business Bay: Approximately 10 minutes by car
  • DIFC: Approximately 12 minutes by car
  • Dubai Design District (d3): Approximately 10 minutes by car
  • Dubai International Airport: Approximately 20 minutes by car
  • Dubai Marina: Approximately 25 minutes by car
  • Convenient access to Al Khail Road (E44) and Ras Al Khor Road, connecting to all major Dubai highways

Why Invest in District One, Mohammed Bin Rashid City

  • 14.6% below last transaction: AED 1,400,000 discount versus the most recent comparable sale of AED 9,600,000 — a data-backed, market-verifiable entry discount
  • 14.4% below market median per sq.ft: Listed at AED 2,484/sq.ft against a median of AED 2,901/sq.ft — quantifiable underpricing relative to prevailing market
  • Ready to move — no off-plan risk: The unit is completed, handed over, and titled. The buyer can occupy immediately or begin earning rental income without waiting
  • Irreplaceable lagoon view: Full lagoon-facing units in District One are among the most limited and most valuable configurations in the community — and in Dubai’s wider luxury residential market
  • Crystal Lagoon lifestyle asset: The 7-kilometre swimmable lagoon is not replicable at this price or in this location — it is a permanent, lifestyle-defining community feature that underpins District One’s long-term value premium
  • Proven capital appreciation: District One has been one of Dubai’s best-performing luxury residential communities in both absolute price growth and rental yield over the past three to five years
  • 10 minutes from Downtown: The combination of lagoon lifestyle and central Dubai proximity is the core and enduring value proposition of District One
  • Freehold ownership: Available to all nationalities with full Dubai Land Department title deed

Frequently Asked Questions (FAQs)

What is the asking price and how does it compare to the market?

The asking price is AED 8,200,000 — AED 2,484 per sq.ft. The market median for comparable units in District One is AED 2,901 per sq.ft, meaning this listing is priced 14.4% below the market median on a per-square-foot basis. The last recorded comparable transaction for this unit type was AED 9,600,000 — this listing is AED 1,400,000 (approximately 14.6%) below that transaction price, providing a directly market-verifiable discount.

Is this apartment ready to move in?

Yes. This is a ready-to-move unit. Handover was completed in March 2025 and the apartment is currently available for immediate occupation or for tenanting. There is no construction waiting period and the buyer can begin benefiting from the property — whether through personal use or rental income — from the date of title transfer.

Who developed District One?

District One is developed by District One — FZ, a development entity operating within the Mohammed Bin Rashid City masterplan framework under the direction of Meydan and Nakheel, two of Dubai’s most established government-backed master developers. The District One community has been in operation and development for over a decade and has a fully established track record of capital appreciation, community management, and lifestyle delivery.

What is the size, layout, and key features of this apartment?

The apartment is 3,300 sq.ft and is a 4-bedroom unit with a large balcony offering a full lagoon view, and covered parking. The exact room configuration, number of bathrooms, kitchen layout, storage provisions, and balcony dimensions are available on request alongside the full architectural floor plan for this specific unit.

What makes the Crystal Lagoon view so valuable in District One?

The Crystal Lagoon in District One is a 7-kilometre swimmable man-made lagoon — one of the largest in the world — with white sandy beaches and turquoise water accessible to all residents. Full lagoon-facing units offer a permanent, unobstructable view of this feature and are the most limited and highest-value configuration in the community. No future development can be built on the lagoon, making this view guaranteed in perpetuity. This is a fundamentally different type of view to city or road-facing units and commands a lasting premium in both resale and rental markets.

Is this a freehold property? Can non-UAE nationals purchase?

Yes. District One in Mohammed Bin Rashid City is located within a designated freehold zone in Dubai. The property can be fully owned by all nationalities, including non-UAE residents and international investors, with a full Dubai Land Department title deed. As this is a ready unit with an existing title, the transfer can proceed through the standard DLD process without developer involvement.

What amenities does District One offer?

District One residents have access to the 7-kilometre Crystal Lagoon with white sand beaches and direct swimming access; over 8 kilometres of dedicated cycling, jogging, and walking tracks; community swimming pools; a fully equipped fitness centre; children’s play areas; expansive community parks and landscaped open spaces; retail and dining within the masterplan; and 24-hour gated security and community management. This specific unit also includes a large lagoon-facing balcony and covered parking.

What are the transaction costs for purchasing this ready unit?

As this is a ready secondary market transaction with an existing title deed, the primary transaction cost is the Dubai Land Department (DLD) transfer fee of typically 4% of the purchase price (AED 328,000 on an AED 8,200,000 purchase price). Additional costs include agent fees (if applicable), conveyancing and trustee fees, and any outstanding service charges. No developer NOC fee or payment plan balance is applicable. All figures should be independently verified with legal counsel before proceeding.

What is the rental income potential for a 4-bedroom lagoon-view unit in District One?

District One is consistently one of Dubai’s highest-performing luxury residential communities for rental yield in the villa and large apartment segment. 4-bedroom lagoon-view units attract demand from high-net-worth families and senior corporate professionals, commanding premium annual rental rates. Current rental comparable data and yield projections for this specific unit type in District One are available on request.

How do I arrange a viewing or receive more documentation?

This is a ready unit and can be viewed immediately. The full floor plan, title deed details, service charge history, and all relevant transaction documentation are available on request. Please contact us via the enquiry form or WhatsApp to arrange a viewing at your earliest convenience. Given the depth of discount versus market median and the last recorded transaction, motivated buyer interest in this unit is expected to be significant.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

24-hour Security
24-hour Security
Beach Access
Beach Access
Children Play Area
Children Play Area
Community Parks
Community Parks
Community Retail
Community Retail
Covered Parking
Covered Parking
Crystal Lagoon Access
Crystal Lagoon Access
Cycling Track
Cycling Track
Full Lagoon View
Full Lagoon View
Gated Community
Gated Community
Gym
Gym
Jogging Track
Jogging Track
kids play area
kids play area
Lagoon Beach
Lagoon Beach
Lagoon View
Lagoon View
Large Balcony
Large Balcony
Parking Area
Parking Area
Ready to Move
Ready to Move
Swimming Pool
Swimming Pool

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Faq's

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