Ref: D1-FZDO-4BR-3300-001
Mohammed Bin Rashid City, United Arab Emirates
Bedrooms
4Down Payment
On RequestHandover Date
March 2025 (Completed)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.
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.
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.
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:
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
| Milestone | Payment% |
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| Down_Payment | On Request |
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