1 Residences in Al Kifaf - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in 1 Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	139	22,584	3,133,045
3	182	27,458	4,991,781

Sales prices for completed properties in 1 Residences

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	83	20,480	1,690,000
2	133	18,660	2,486,667
3	184	27,659	5,079,000

Rents in 1 Residences

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	84	1,249	105,400
2	130	1,204	156,369

The cap rate (rental yield) of investments into 1 Residences project is 4.8% on average.

The price of an apartment in 1 Residences is 23,691 AED/sqm on average.

The long term rent of an apartment in 1 Residences is 1,218 AED/sqm/year on average.

Price for off-plan 2 bedroom apartment in 1 Residences is 3,133,045 AED or 22,584 AED/sqm.
Price for off-plan 3 bedroom apartment in 1 Residences is 4,991,781 AED or 27,458 AED/sqm.

Price for completed 1 bedroom apartment in 1 Residences is 1,690,000 AED or 20,480 AED/sqm.
Price for completed 2 bedroom apartment in 1 Residences is 2,486,667 AED or 18,660 AED/sqm.
Price for completed 3 bedroom apartment in 1 Residences is 5,079,000 AED or 27,659 AED/sqm.

Rent for 1 bedroom apartment in 1 Residences is 105,400 AED or 1,249 AED/sqm.
Rent for 2 bedroom apartment in 1 Residences is 156,369 AED or 1,204 AED/sqm.

Q&A on 1 Residences

What are the advantages of '1 Residences' project in Dubai?

1. Prime Location: 1 Residences is located in the heart of Dubai, giving residents easy access to the city’s best attractions, shopping, dining and entertainment.

2. Luxury Amenities: The project offers an array of luxurious amenities, such as a pool, fitness center, sauna, spa, and private cinema.

3. Quality Construction: The project is built with high-quality materials and features modern design and architecture.

4. Affordable Prices: 1 Residences offers competitive prices, making it an attractive option for investors and homebuyers alike.

5. Flexible Payment Plans: The project offers flexible payment plans, enabling buyers to make their payments in installments over a period of time.

6. Rental Potential: 1 Residences is an ideal investment option for those looking to rent out their property and generate a steady income.

7. Quality Management: The project is managed by a professional team that ensures that all the needs of the residents are met.

What projects are more affordable than '1 Residences' project in Dubai but provide a close quality of living?

1. The Residences at Marina Gate: Located in Dubai Marina, this project offers luxury apartments with stunning views of the marina and the Arabian Gulf. It also offers amenities such as a swimming pool, gym, and spa.

2. The Palm Tower: This project is located in the heart of Palm Jumeirah and offers luxury apartments with stunning views of the Arabian Gulf. It also offers amenities such as a swimming pool, gym, and spa.

3. The Address Residences Sky View: This project is located in Downtown Dubai and offers luxury apartments with stunning views of the Burj Khalifa and the Dubai skyline. It also offers amenities such as a swimming pool, gym, and spa.

4. The Address Residences Fountain Views: This project is located in Downtown Dubai and offers luxury apartments with stunning views of the Dubai Fountain and the Dubai skyline. It also offers amenities such as a swimming pool, gym, and spa.

5. The Address Residences Boulevard: This project is located in Downtown Dubai and offers luxury apartments with stunning views of the Dubai skyline. It also offers amenities such as a swimming pool, gym, and spa.

What projects are better than '1 Residences' project in Dubai which are located close by, and why?

1. The Address Residence Fountain Views - Located in Downtown Dubai, this luxury residential tower offers stunning views of the iconic Dubai Fountain.

2. The Address Sky View - Located in Downtown Dubai, this luxury residential tower offers stunning views of the Dubai skyline.

3. The Address Residence Sky View II - Located in Downtown Dubai, this luxury residential tower offers stunning views of the iconic Burj Khalifa.

4. The Address Residence The BLVD - Located in Downtown Dubai, this luxury residential tower offers stunning views of the Dubai skyline.

5. The Address Residence Dubai Marina - Located in Dubai Marina, this luxury residential tower offers stunning views of the Dubai Marina and the Arabian Gulf.

6. The Address Residence Dubai Mall - Located in Downtown Dubai, this luxury residential tower offers stunning views of the iconic Dubai Mall.

7. The Address Residence The Opera District - Located in Downtown Dubai, this luxury residential tower offers stunning views of the iconic Dubai Opera.

8. The Address Residence The Palm - Located in Palm Jumeirah, this luxury residential tower offers stunning views of the iconic Palm Jumeirah.

When was '1 Residences ' project in Dubai Dubai project started?

The 1 Residences project in Dubai was launched in May 2018.

What is the completion date for '1 Residences ' project in Dubai?

The completion date for 1 Residences in Dubai is expected to be in the fourth quarter of 2021.

Who is the developer of '1 Residences ' project in Dubai?

The developer of the '1 Residences' project in Dubai is Seven Tides.

What units are offered in '1 Residences ' project in Dubai?

1 Residences offers studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments.

What are the things to do in the neighbourhood of '1 Residences ' project in Dubai?

1. Visit the Dubai Mall: The largest shopping mall in the world, the Dubai Mall is just a few minutes away from 1 Residences. It offers a wide range of shopping, dining, entertainment, and leisure activities.

2. Explore the Dubai Fountain: The Dubai Fountain is a captivating sight and a must-see for visitors to the area. It is located in the heart of Downtown Dubai, just a few minutes from 1 Residences.

3. Take a stroll in Burj Park: Located in the heart of Downtown Dubai, Burj Park is a great place to take a leisurely stroll and enjoy the views of the iconic Burj Khalifa.

4. Visit the Dubai Aquarium and Underwater Zoo: The Dubai Aquarium and Underwater Zoo is a great place to explore the depths of the ocean and discover some of the most fascinating creatures in the world.

5. Enjoy a meal at The Address Downtown Dubai: The Address Downtown Dubai is a luxurious hotel and restaurant located just a few minutes away from 1 Residences. It offers a variety of international cuisines in a stunning setting.

6. Visit the Dubai Opera: The Dubai Opera is a spectacular venue for performances, concerts, and shows. It is located in the heart of Downtown Dubai, just a few minutes away from 1 Residences.

7. Explore the Dubai Frame: The Dubai Frame is a remarkable structure located in Zabeel Park. It offers stunning views of the city and is just a few minutes away from 1 Residences.

What are the closest schools to '1 Residences' project in Dubai?

The closest schools to 1 Residences in Dubai are:

- Jumeirah English Speaking School (JESS)
- Kings' School Al Barsha
- Horizon English School
- Dubai British School
- Emirates International School Meadows
- GEMS World Academy Dubai
- Emirates International School Jumeirah
- Dubai International Academy
- Kings' School Dubai
- GEMS International School Al Khail

What are the closest nurseries to '1 Residences ' project in Dubai?

The closest nurseries to the 1 Residences project in Dubai are:

1. The Little House Nursery
2. The Little Big House Nursery
3. Little Wonders Nursery
4. My Little World Nursery
5. Little Explorers Nursery
6. British Orchard Nursery
7. Kids Castle Nursery
8. Little Scholars Nursery
9. Little Steps Nursery
10. Little Minds Nursery

What are the closest shopping malls to '1 Residences ' project in Dubai?

The closest shopping malls to 1 Residences project in Dubai are:

1. The Dubai Mall
2. Mall of the Emirates
3. City Centre Deira
4. Wafi Mall
5. Ibn Battuta Mall
6. Dubai Festival City Mall
7. Dubai Marina Mall
8. Mercato Shopping Mall
9. Al Ghurair Centre
10. BurJuman Mall

What are the closest healthcare centres to '1 Residences ' project in Dubai?

The closest healthcare centres to 1 Residences in Dubai are:

1. Medcare Women & Children Hospital - Sheikh Zayed Road
2. Medcare Orthopaedic & Spine Hospital - Al Barsha
3. Medcare Medical Centre - Umm Suqeim
4. Burjeel Hospital - Al Wasl
5. Emirates Hospital - Jumeirah
6. Prime Medical Centre - Jumeirah
7. Medcare Medical Centre - Jumeirah
8. Prime Medical Centre - Al Barsha
9. Medcare Medical Centre - Al Barsha
10. Prime Medical Centre - Al Wasl

What is the closest airport to '1 Residences ' project in Dubai?

The closest airport to 1 Residences in Dubai is Dubai International Airport, located approximately 8 miles away.

What are the closest medical clinics to '1 Residences' project in Dubai?

The closest medical clinics to the '1 Residences' project in Dubai are:

1. Medcare Medical Centre - Dubai Marina
2. Dr. Sulaiman Al Habib Medical Centre - Jumeirah
3. Prime Medical Centre - Jumeirah Lake Towers
4. Medcare Medical Centre - Jumeirah Lake Towers
5. American European Medical Centre - Dubai Marina

What are the closest hospitals to '1 Residences' project in Dubai?

1. Al Zahra Hospital Dubai
2. Welcare Ambulatory Care Centre
3. Medcare Hospital Jumeirah
4. American Hospital Dubai
5. Emirates Hospital
6. Mediclinic Arabian Ranches
7. Mediclinic Welcare Hospital
8. MediClinic City Hospital
9. Prime Hospital
10. Dubai London Clinic & Speciality Hospital

What are the closest parks to '1 Residences' project in Dubai?

The closest parks to the 1 Residences project in Dubai are Zabeel Park, Safa Park, Creek Park, Al Khazzan Park, and Al Barsha Pond Park.