The Residence

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Boission Star
67
Total Units
67
Sold
AED 252,000
Median Price
AED 590
Median Price /sqft
Construction progress: 100%
Start: Nov, 2008Completion: Jan, 2025

The Residence Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio56300 sqft - 460 sqftAED 1,190 /sqft
0
1 Bed11700 sqft - 1,230 sqftAED 1,110 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment704 sqft0 sqft 1AED 370,000AED 526 /sqft 04, Mar 2010
1Apartment781 sqft0 sqft 1AED 370,000AED 474 /sqft 04, Mar 2010
StudioApartment372 sqft0 sqft 1AED 260,000AED 699 /sqft 04, Mar 2010
StudioApartment440 sqft0 sqft 1AED 260,000AED 591 /sqft 04, Mar 2010
StudioApartment379 sqft0 sqft 1AED 260,000AED 686 /sqft 04, Mar 2010
StudioApartment379 sqft0 sqft 1AED 260,000AED 686 /sqft 04, Mar 2010
StudioApartment415 sqft0 sqft 1AED 260,000AED 627 /sqft 04, Mar 2010
StudioApartment425 sqft0 sqft 1AED 260,000AED 612 /sqft 04, Mar 2010
StudioApartment371 sqft0 sqft 1AED 260,000AED 701 /sqft 04, Mar 2010
StudioApartment410 sqft0 sqft 1AED 260,000AED 634 /sqft 04, Mar 2010
StudioApartment382 sqft0 sqft 1AED 260,000AED 681 /sqft 04, Mar 2010
1Apartment785 sqft0 sqft 2AED 706,500AED 900 /sqft 04, Mar 2010
1Apartment703 sqft0 sqft 2AED 400,000AED 569 /sqft 04, Mar 2010
StudioApartment382 sqft0 sqft 2AED 251,000AED 657 /sqft 04, Mar 2010
StudioApartment373 sqft0 sqft 2AED 251,000AED 673 /sqft 04, Mar 2010

The Residence Real Estate Data – FAQ

  • What is the current property supply in The Residence?

    The Residence has a total residential supply of approximately units. This represents completed and available inventory within the area.

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  • How active is the real estate market in The Residence?

    The Residence recorded 0 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in The Residence?

    The median transaction price in The Residence is , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in The Residence?

    The gross rental yield in The Residence is approximately %, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in The Residence?

    Property prices in The Residence have shown a capital appreciation of % year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in The Residence?

    There are currently 0 active off-plan projects in The Residence, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in The Residence?

    The total off-plan pipeline in The Residence includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is The Residence a good area for property investment?

    The Residence is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In The Residence, this is %, indicating relatively strong income performance compared to global markets.

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